What is the process of evaluating an employee's performance called?

Prepare for the IB Business and Management SL Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Get ready for success!

Multiple Choice

What is the process of evaluating an employee's performance called?

Explanation:
Performance appraisal is the process of evaluating an employee's performance against set standards and objectives. It typically involves reviewing how well the work meets quality and quantity expectations, skills, behaviors, and results, often using ratings and feedback from supervisors or peers. This information helps identify development needs, set future goals, and inform decisions about rewards or training. Promotion is about moving someone to a higher role, recruitment is about attracting new candidates, and onboarding is about introducing a new employee to the organization—none of which focus on evaluating ongoing performance.

Performance appraisal is the process of evaluating an employee's performance against set standards and objectives. It typically involves reviewing how well the work meets quality and quantity expectations, skills, behaviors, and results, often using ratings and feedback from supervisors or peers. This information helps identify development needs, set future goals, and inform decisions about rewards or training. Promotion is about moving someone to a higher role, recruitment is about attracting new candidates, and onboarding is about introducing a new employee to the organization—none of which focus on evaluating ongoing performance.

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