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A performance appraisal, also referred to as a performance review, performance evaluation, (career) development discussion, or employee appraisal, sometimes shortened to "PA", is a periodic and systematic process whereby the job performance of an employee is documented and evaluated. This is done after employees are trained about work and ...
An employee is hired for a trial period that gives the company an opportunity to evaluate an employee's job performance and conduct. The duration of the trial period, training guidelines and assessment standards should be outlined in this section.
A letter of resignation is written to announce the author's intent to leave a position currently held, such as an office, employment or commission.
Adopting the 360-degree review approach is purported by many to be superior to other traditional forms of evaluation and feedback for evaluating employee performance. When successfully implemented, this method can provide a more efficient, thorough, and accurate assessment of performance reviews.
Severance package. A severance package is pay and benefits that employees may be entitled to receive when they leave employment at a company unwillfully. In addition to their remaining regular pay, it may include some of the following: Any additional payment based on months of service.
Deferred compensation is a written agreement between an employer and an employee where the employee voluntarily agrees to have part of their compensation withheld by the company, invested on their behalf, and given to them at some pre-specified point in the future.
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