Learn how to define a performance appraisal and learn what it achieves, the different types of appraisals and some of the benefits and drawbacks of it. What is performance appraisal ? Performance appraisal is a systematic process that measures an employee’s performance against a preset group of job requirements. The process is also called employees’ appraisal , performance review, and performance evaluation. Learn how to conduct a successful performance appraisal with practical tips and examples. Find out the purpose, process, methods and benefits of a performance appraisal for both employees and organizations. What are Performance Appraisals ? Performance Appraisals , also known as performance reviews, are a process of assessing and evaluating an employee's job performance systematically and formally.