This document discusses performance appraisals, which is the process of evaluating an employee's job performance. Performance appraisals assess both quantitative and qualitative aspects of an employee's work in terms of quality, quantity, cost, and time. They are used to evaluate employees' personalities, performance, and potential. Performance appraisals help management determine how effectively employees have been hired and placed, and they aim to improve employee performance through recognition, rewards, feedback, and development opportunities.