Assessing performance is the formal review process you use to evaluate and support employee performance. It is part of a system of performance management that is based on goals you and your employees set together.
Through periodic informal reviews, you have an opportunity to see how well employees are performing relative to their goals and to provide opportunities for early intervention.
Formal performance appraisals are conducted at least once a year. This process helps the employee and the manager focus on the formal goals and performance expectations that can impact salary, merit increases, or promotions. Appraisal sessions are both a confirmation and a formalization of the ongoing feedback that should be part of every manager's relationship with his or her employees. As such, performance appraisals should never contain any surprises.
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