[…] A well-designed performance appraisal process offers benefits that reach far beyond employee reviews. It helps organizations align individual goals with broader business objectives, provides insights into team strengths and areas for development, and encourages continuous improvement. Most importantly, when done right, performance appraisals can boost employee morale and motivation, making them feel valued and acknowledged for their contributions.Also read: How to Simplify Your Hiring Process: The Complete HR Software Guide …