Employee appraisal or performance appraisal is a human resource management concept that refers to a formal evaluation of employee performance against benchmark organizational goals and objectives. It may refer to appraisal of an employee either individually or in group.
Employee appraisal is a structured process involving the employee and his supervisor. The supervisor provides feedback to the employee on his past performance, and the two of them mutually agree on future goals and objectives.The process results in improved employee productivity through constructive feedback. The appraisal process also helps in allocation of rewards and opportunities and assists in training and developmental need identification of the employees.