Document background
The Performance Appraisal For Senior Management document is essential for organizations operating in the United States that need to conduct formal, structured evaluations of their executive leadership team. This document is typically used annually or bi-annually to assess senior management performance against predetermined objectives, ensuring alignment with corporate goals while maintaining compliance with federal and state employment laws. It includes comprehensive evaluation criteria, performance metrics, development planning, and documentation requirements that satisfy corporate governance standards and regulatory requirements. The document is particularly important for establishing clear performance expectations, supporting compensation decisions, and maintaining records for corporate compliance and succession planning purposes. It must be carefully structured to avoid discrimination issues while providing objective assessment criteria that align with business objectives.
