performance appraisal

Performance appraisal; is a formal process used by businesses to evaluate employee performance. It gives feedback, identifies areas for growth, establishes clear performance goals, aids in determining training needs, determines compensation and promotions, promotes open communication, and serves as a motivator.

Annual evaluations, 360-degree feedback, self-assessments, and continuing feedback sessions are all examples of performance appraisals.By assessing and enhancing performance, the purpose is to contribute to organizational effectiveness and employee growth. Organizations utilize different approaches and criteria.

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