A systematic evaluation of employee performance over a set period is known as what?

A systematic evaluation of employee performance over a set period is referred to as a Performance Review. This process typically involves assessing the employee's contributions, strengths, weaknesses, and areas for improvement against predetermined objectives and criteria. Performance reviews are crucial for providing feedback to employees about their work, helping them understand how their performance aligns with organizational goals, and establishing development plans for future growth.

In contrast, a Reward Review focuses on assessing the rewards system, such as compensation and benefits, rather than directly evaluating the performance of employees. A Potential Review centers on identifying employees' future potential or readiness for promotion but does not necessarily evaluate their current performance comprehensively. A Development Review, while it may review aspects related to development needs, does not systematically assess overall performance in the structured manner that a Performance Review does. Thus, Performance Review is the term that most closely aligns with the systematic evaluation of employee performance.