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A performance appraisal, also referred to as a performance review, performance evaluation, [1] (career) development discussion, [2] or employee appraisal, sometimes shortened to "PA", [a] is a periodic and systematic process whereby the job performance of an employee is documented and evaluated. This is done after employees are trained about ...
Performance improvement plans, common at large companies, are a way to formally tell workers they need to improve, and being put on a PIP is commonly understood as a step toward termination.
Performance is an abstract concept and must be represented by concrete, measurable goals or objectives. For example, baseball athlete performance is abstract as it covers many different types of activities. Batting average is a concrete measure of a particular performance attribute for a particular game role, batting, for the game of baseball.
Employees manage their performance and take corrective action when necessary to improve their and the performance of other group members. Employees seek guidance, assistance, and resources from the organization when they do not have what they need to do the job. Employees help members of their workgroup and employees in other groups to improve ...
Performance appraisal – Method to document and evaluate an employee's job performance; Performance improvement – Business improvement process; Peter principle – Management concept by Laurence J. Peter, the tendency for competent workers to be promoted just beyond the level of their competence
Image source: The Motley Fool. Netflix (NASDAQ: NFLX) Q4 2024 Earnings Call Jan 21, 2025, 4:45 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...