Performance review is a term commonly used in the corporate world to evaluate an employee's work. The spelling of this word can be explained using International Phonetic Alphabet (IPA) as pəˈfɔrməns rɪˈvjuː. The first syllable "pə" is pronounced with a schwa sound followed by stressing the second syllable "fɔrm". The second part of the word "ance" is pronounced as "əns" and the last syllable of "review" is pronounced as "vjuː". The overall pronunciation of the word is puh-fawr-muhns rih-vyoo.
A performance review, also known as a performance evaluation or performance appraisal, is a systematic process of assessing and analyzing an individual's job performance within an organization. It is a structured assessment carried out by a manager or supervisor to evaluate and provide feedback on an employee's performance, achievements, strengths, weaknesses, and areas for improvement.
Typically performed annually or periodically, performance reviews aim to objectively assess an employee's contributions, productivity, skills, and adherence to organizational goals and standards. They serve as a crucial tool for determining salary adjustments, promotions, career development, and identifying training needs.
During a performance review, the manager typically evaluates the employee's job performance based on pre-established criteria such as meeting deadlines, quality of work, teamwork, communication skills, and adherence to company policies. The process may involve discussions, self-assessments, goal setting, and performance ratings that allow for constructive feedback and open communication between the employer and employee.
Performance reviews are important for providing employees with a clear understanding of their performance expectations, recognizing their achievements, and identifying areas that require improvement or further development. Well-conducted performance reviews can enhance employee engagement, motivation, and job satisfaction, as they allow individuals to align their goals with organizational objectives and receive guidance on how to enhance their performance.
The word "performance" originated from the Old French word "parfournir" which means "to carry out, accomplish, or complete". It was derived from the Latin word "perficiō" meaning "to accomplish, finish, or complete". The word "review" came from Middle French "revoir" meaning "to see again" or "to review".
When these two words are combined, "performance review" refers to the process of examining and evaluating an individual's achievements, skills, and progress in their work or job performance.