An employee performance review, also known as a performance assessment or evaluation, is a systematic procedure used by employers to examine and offer feedback on their employees' job performance, accomplishments, strengths, and areas for development. It entails a formal assessment of an employee's performance against established objectives, job duties, and performance expectations.
Example
During an employee performance review, a manager or supervisor meets with the employee to examine their performance over a set time period, such as a year. The evaluation might include examining key performance indicators, reviewing completed projects, and rating the employee's abilities, competences, and overall value to the business. The manager offers positive comments, highlights areas for improvement, and may establish goals or development plans for the employee's future advancement.