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A performance evaluation is a formal process used to gauge an employee's productivity in relation to their job responsibilities. Evaluating an employee's performance is about figuring out how much they contribute to the company's overall revenue. Employee morale can be raised by offering bonuses or appropriately promoting staff based on their yearly performance reviews.
About the author:
Ramesh Venkatachalam who has done his MBA from the UK, is a Retail Management expert with over 4 Decades of experience having worked in INDIA, UAE & The UK, with leading Brands such as Timberland, The North Face, Columbia, Under Armour.
Ramesh has also been involved in mentoring and guiding Entrepreneurs and Businesses across the Globe. He is currently based in Bangalore, India and is the Sole Proprietor and Principal Consultant of "Retail Performance"
For any advise or consultancy on Retail Management, reach out to ramesh@retailperformance.in