An employee performance evaluation is a procedure of assessing an employee’s job progress during the course of their employment.
Employee performance assessments, like annual reviews, capture the employee’s journey– their successes, failures, strengths, and flaws– in order to present a comprehensive picture of overall job performance.
Companies can employ various criteria and measures for their evaluation process depending on the firm, its structure, and the sector.
Performance assessments can help to maintain a strong employee-employer relationship by providing continuous, two-way feedback. These assessments, for example, provide a chance for collaborative goal-setting, identifying concerns that have been thrown under the rug, and negotiating compensation or benefit modifications. As a result, maintaining a positive employee-employer connection through regular communication can help to boost retention, engagement, and efficiency.