New ask Hacker News story: Ask HN: How does performance appraisals happen in your organisation?

Ask HN: How does performance appraisals happen in your organisation?
3 by blackpanda | 0 comments on Hacker News.
What's the process like? Is it one time effort at the end of the year or there are some continuous efforts made throughout the year. Also, please mention if some tools are used for the same. And lastly, are your satisfied with the process?