They are a waste of time in this organisation. They are the least of the problems we have here. A chance to summarise past performance and establish new performance goals. This may be the only time in the year set aside for managers to speak to their employees on an equal basis and discuss performance expectations and the results of employee efforts in the past 12 months. It may dictate future salary increases.
Many assessments affect the merit rise or bonus of the employee.
For this reason a well planned and communicated review can boost individual morale and productivity. An opportunity for honest two way communication. The appraisal helps both to compare notes and set assignments and priorities are agreed. A forum for career development. In some organisations career development takes place as part of the appraisal process.