Employee performance evaluation is the process of evaluating an employee’s performance. It involves evaluating employees based on their contributions to the company. This process helps manager to determine how well their employees perform.
The most common method of employee performance evaluation is through annual reviews, which occur once per year. However, other methods may be used, such as a peer review system where employees are evaluated by their colleagues or a mentor, as well as through a performance appraisal system where managers assess employees’ performance regularly throughout the year.