What is a Performance Review?
In school, each quarter or semester, you received grades, indicating how well you did in meeting the teacher’s objectives and the standards set by the teacher for learning the material. These may have been happy times, with grades that truly reflected your performance, or they may have been fraught with tension as to whether you were going to pass a class. In either case, these early experiences of being graded are not that different from the performance review, a regular occurrence in the workplace, where a manager or supervisor formally or informally judges your work performance over a specified period of time. In some cases, favorable performance reviews may be met with raises or promotions while unfavorable ones can help employees correct problems or errors with their work. It is generally standard for a performance review to be conducted on a yearly basis. Some companies may have less formal ones more frequently. These monthly or quarterly check-ins can be beneficial to employees
