What is a Employee Performance Evaluation ?
An employee performance evaluation, also known as a “performance review,” is a process that organisations use to provide employees with feedback on their job performance while also formally documenting that performance. Although each company determines its own evaluation cycle, most companies conduct evaluations once a year.
When employees complete their initial probationary period, some companies conduct evaluations. Those who perform well on that evaluation are usually relieved of their probationary status. Evaluation data is saved in the employee’s file and may be requested by future employers or institutions of higher learning.
Why use a Employee Performance Evaluation ?
The job performance of an employee has a significant impact on their longevity and upward mobility within an organisation, as well as future job opportunities with other organisations. Employee performance evaluations are used by businesses to document an employee’s performance over time.
Employee performance evaluations have numerous potential advantages for both employees and employers.
For Employers :
Protection against litigation
Encouragement of good work
Encouragement of good work
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