Discuss the below:
Performance appraisals differ from organization to organization. Performance appraisals evaluate an employees' work performance while the organization applies the results to assess the efficacy of achieving its goals and objectives. An effective performance appraisal system requires strategic HR Management that aids to promote a spirit of mutuality. Performance appraisals impart a better perception to employees about their jobs, skills and limitations, and it identifies an employee's developmental needs. Performance appraisals increase mutuality and reinforces communication between employees and management.
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