A performance appraisal is a systematic evaluation of an employee’s job performance over a specified period. This review assesses various aspects such as work quality, productivity, teamwork, punctuality, and adherence to company policies. The primary purpose of performance appraisals is to provide feedback to employees, recognize and reward their contributions, identify areas for improvement, and set goals for future performance. The appraisal process typically involves self-assessments, peer reviews, and supervisory evaluations.
Effective performance appraisals are conducted fairly and consistently, using objective criteria and clear performance standards. Regular performance reviews help in career development, succession planning, and aligning individual performance with organizational goals. They also foster communication between employees and managers, promoting a culture of continuous improvement and engagement within the organization.
You may also be interested in learning about these terms:
Performance Appraisal
Career Development
Continuous Improvement
