Performance categories can be categorized in straight ranking, grading, objective management,trait-based appraisals, behavior & 360 reviews.
Performance appraisals' purpose includes encouraging work, giving feedback, regarding valuable employees, and enhancing goals & dedication.
Modern appraisal methods deal with continuous 360-degree feedback, active & accurate performance, and psychological appraisals along with behavior rating.
Tracking employee time, attendance, documents, payroll, etc on HRMS can help to analyze employee performance & contribution to estimate appraisal.