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Hi, todays Bite is all about performance appraisal, what it is and how to implement it by looking at AIHRs top five best practices, stay tuned. What is a performance appraisal? Performance appraisal is also referred to as the performance review, performance evaluation, and employee appraisal. Performance appraisal is a method to regularly evaluate an employees job performance and overall contribution to the company in an effort to improve that performance. Performance appraisals help to provide feedback, it is a formal moment intended to evaluate job performance. It also helps in making key employee decisions including giving bonuses, promotions, and firing. A crucial element of the employee appraisal is that it is a shared responsibility. On the one hand, it is a shared responsibility between the employee and manager. While the manager has the lead in this process, an active involvement of the employee creates the buy-in that is necessary to make the improvements that the performan