This is almost exactly how I do my 1/1s with my team members. Except the frequency for folks who have been in the team for more than 6 months is 3 weeks and for newer members its 2 weeks. Also, I make it a point to ask them to provide feedback for their peers - positive and constructive. I make notes and I use the 1/1s to also give regular, informal peer feedback to the team members. I ask them what's going well for the team and how we can improve the processes, the productivity etc
+1 on the getting feedback from them. Especially around team and productivity had been great in even getting to the bottom of some subtle conflict brewing around. Very nice call-out mate.
Another +1 on soliciting feedback from teammates on a regular basis. As long as the manager is impartial, doesn't take sides, respects privacy, etc this can benefit both the subordinates and team. Grievances get aired and steps can be taken immediately instead of hearing about issues in the subordinates' peer reviews at the end of the year.
