Performance appraisals at Dawood Hercules Corporation assess employees based on goals and key performance indicators (70%) and core values (30%). The process involves self-reviews, manager reviews, calibration exercises, and finalization by HR. However, barriers like subjective ratings and lack of employee interest exist. Recommendations to improve the process include incorporating performance trends over time, 360-degree feedback, and considering critical work incidents. The performance appraisal system aims to motivate employees and gauge productivity, though some enhancements could further optimize employee growth and development.