What is performance appraisal?

Question

What is the principle of this in business?

Answer 1

The performance appraisal is the process of tracking how well an employee is carrying out his job. It is part of the company's performance management system. Performance appraisals are based on the employee's progress against goals set by the manager.  

Answer 2

A performance appraisal is a periodic assessment of a worker's performance on the job and overall value to the company. It is a part of the performance management framework for businesses.

Answer 3

It is the process for evaluating and documenting how well an employee is carrying out his  or her job. It is part of company performance Management system. 

Answer 4

Performance appraisal is the process of evaluating an individual's performance in a job. This is typically done through a series of assessments and reviews, which are used to measure an individual's progress and identify areas for improvement. The main principle of performance appraisal in business is to ensure that employees are meeting the standards set by the organization and that they are being fairly evaluated.