Performance reviews are regular evaluations of an employee's work and contributions to a company. During these reviews, managers assess how well employees meet their job responsibilities and goals. This process often includes feedback on strengths and areas for improvement, helping employees understand their performance and set future objectives. These reviews can also influence decisions about promotions, raises, and professional development opportunities. By discussing achievements and challenges, both employees and managers can align on expectations and foster a positive work environment. Overall, performance reviews are essential for personal growth and organizational success, benefiting both the employee and the company.