Appraisal
Appraisal is a more formal, periodic review of a practitioner’s performance against established goals and objectives.
These are a requirement of all regulators and are key to demonstrate compliance with regulatory requirements and professional development.
Appraisal meetings necessitate diligent preparation by the practitioner, entailing a thorough reflection on their performance, an evaluation of business outcomes, and an analysis of prevailing industry trends. Additionally, setting developmental goals for the coming year and beyond is crucial.
Appraisals are typically conducted on an annual basis but can also be utilized as part of an employee capability management process. Each session is thoroughly documented and adheres to regulatory standards.
