A formal evaluation of an employee's work performance, typically conducted annually or semi-annually.
A Performance Review is a structured evaluation of an employee's work performance against agreed goals and competencies. The traditional model is an annual review, but many modern companies have shifted to quarterly or continuous-feedback cadences because annual reviews often fail to correct issues quickly enough and create a recency bias.
A performance review typically covers: goals set at the start of the period, actual achievements, strengths and development areas, alignment with company values, 360-degree feedback from peers and reports, and a calibrated rating (exceeds, meets, below expectations). The output informs compensation, promotion, development plans, and sometimes termination decisions.
In Pakistan, performance reviews are often tied to annual increments in January or July and to variable-bonus payouts. Best practice combines a quantitative OKR or KPI component with a qualitative competency assessment. Modern HR platforms like Peoplifi automate review cycles, collect 360 feedback, calibrate ratings, and link outcomes to compensation workflows.
Her annual performance review resulted in a 15% merit increase and a promotion to Senior Engineer.
Peoplifi handles Pakistan payroll, compliance, and HR workflows in one platform.
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