What is a formal, written communication intended to evaluate and reward employee performance known as?

The term "Performance Review" specifically refers to the formal process used to assess an employee's job performance, typically over a particular period. This process not only evaluates how well an employee has met performance objectives but also serves as a basis for recognition, feedback, and setting future goals. The use of "review" emphasizes the ongoing nature of employee evaluation and development, making it a suitable term that encapsulates the intent of the communication.

In contrast, while options like "Performance Evaluation" and "Appraisal Report" may seem similar, they can carry different connotations. "Performance Evaluation" is a broader term that might not necessarily imply a structured document or process, and "Appraisal Report" could be interpreted as a summary of assessments rather than an evaluation process involving dialogue and feedback. "Review Document" lacks specificity and does not convey the formal nature associated with employee performance assessment in a typical organizational context. Thus, "Performance Review" captures the essence of the communication intended to evaluate and reward an employee effectively.