Definition
A formal assessment of an employee’s performance over a specific period, often linked to salary increments, promotions, or development plans.
Why it matters (in Poovi’s context)
It is a critical process in employee management and career progression, and dissatisfaction with appraisal results can lead to employee attrition, as seen with Devaki.
Key properties or components
- Performance Evaluation
- Salary Review
- Promotion Potential
- Feedback Mechanism
Contradictions or debates
None.