Performance appraisal is a process in HRM wherein employees are evaluated against predetermined performance standards. These standards are typically set by the organization or by the employee's immediate supervisor. The appraisal process usually takes place at regular intervals, such as annually or semi-annually. The aim of performance appraisal is to help identify areas where employees need improvement, as well as to recognize employees who are excelling in their roles. Additionally, performance appraisal can be used to make decisions about promotions, raises, and other types of recognition.