This document is a presentation on modern performance appraisal methods submitted by Shruti Kak. It defines performance appraisal and discusses 5 modern methods: assessment centers, human resource accounting, behaviorally anchored rating scales, management by objectives, and 360-degree performance appraisal. Each method is described briefly, including what it is, key steps, and sometimes limitations. The conclusion states that performance appraisal can improve employee performance if done constructively. The bibliography lists a reference book on the topic.