In Workday, what is the purpose of using performance reviews?

Using performance reviews in Workday serves a critical function in evaluating employee performance and providing constructive feedback. Performance reviews are designed to assess how well employees are meeting their job responsibilities and contributing to organizational goals. This process involves managing and documenting employee strengths and areas for improvement, which is crucial for professional development.

Through structured reviews, managers can discuss achievements, set future goals, and guide employees on how to enhance their skills and productivity. Additionally, this practice fosters a culture of open communication between employees and management, enabling ongoing dialogue about performance expectations. By offering constructive feedback, organizations can help employees align their efforts with company objectives and personal career aspirations, thus supporting workforce development.

Other options do not align with the fundamental objectives of performance reviews: focusing solely on financial profitability ignores the essential relationship between employee effectiveness and organizational success; deciding promotions without input undermines the process of performance assessment; and using performance reviews to replace discussions on salary increases overlooks their primary role in employee performance evaluation and growth.