Performance appraisal is a periodic review and evaluation of an employee’s job performance. An appraisal event happens once a year, but the monitoring process continues throughout a fiscal year.
Successful performance appraisals require effective communication between employees and supervisors. They must be held in confidence, and the details of a particular process must not be shared with others. Details of employee appraisals are documented and archived in the Human Resources department, accessible only to authorised personnel.