performance appraisal

performance appraisal definition - business

performance appraisal

A formal evaluation of an individual's work and achievements during a specified period. Performance appraisals are utilized for determining merit raises and promotions.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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