oboloo Glossary

Employee Appraisal System

oboloo Glossary

Employee Appraisal System

Employee Appraisal Systems are designed to assess and evaluate the performance of an employee with respect to established goals, objectives and standards. Through an appraisal system, employers provide meaningful feedback on employees’ strengths and areas for improvement, allowing employees to continue to develop their skills and make positive contributions to their teams. Appraisals can also be used to identify potential promotions or bonuses that may be due – further incentivizing quality performance. Ultimately, a well-designed appraisal system can help create a workplace culture where employees are focused on individual and team success.