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A performance appraisal, also known as an evaluation, is a manager's review of an employee's work performance, identifying strengths and weaknesses for improvement. New successful review types in today's business world focus on employee growth and development, such as the Management By Objectives (MBO) method where employees' accomplishments are measured against set objectives. The rating scale is a common review type that evaluates performance based on specific criteria. These methods help empower employees in goal-setting but may overlook non goal-related success metrics.
