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Rise Glossary

What is a Performance Review?

A performance review is a formal process of evaluating an employee's job performance and providing feedback over a specific period of time. Performance reviews are typically conducted by a supervisor or manager and are designed to assess an employee's strengths, weaknesses, and areas for improvement. The review process usually involves setting performance goals and objectives, collecting and analyzing performance data, and holding a face-to-face meeting to discuss the results. The review may also include a discussion of an employee's career goals, opportunities for development and growth, and suggestions for improvement. Performance reviews provide an opportunity for employees to receive feedback on their performance and to understand how their work contributes to the organization's goals. They also provide a basis for determining salary adjustments, promotions, and other personnel decisions.