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The video discusses the importance of evaluating employees' performance to identify top performers, who may be eligible for promotion or additional benefits, as well as those who may need more support or training. Performance appraisals are crucial for measuring worker performance objectively, using set standards. While performance evaluations may seem stressful, they can lead to pay raises, bonuses, and feedback that can help improve job performance and provide proper recognition for good work done. Workers benefit from knowing where they stand and how they can excel in their roles.
