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Annual performance review

An annual performance review is a formal process where an employee's work performance is evaluated, typically once a year. This review assesses accomplishments, strengths, and areas for improvement based on set goals and objectives. Managers provide feedback on the employee's contributions, skills, and overall effectiveness. It often involves a discussion about career development, future goals, and how the employee can grow within the organization. The review may also impact salary adjustments or promotions. Overall, it aims to foster professional growth and ensure alignment between employee performance and company goals.