# Performance Appraisal Policy ### **Frequency & Timing** Performance appraisals will occur **once per year**, taking place each **February**, and will become effective from **April 1** of the same year. ### **Eligibility** * Employees who have completed at least **10 months of continuous service** by February of the appraisal year will be eligible to participate in that cycle. * Increments and adjustments for employees with less than a year of service may be determined on a **prorated basis**, at the company’s discretion. * To be eligible for appraisal, employees are expected to: * Successfully complete their **probation period** within the same year. Written confirmation of completion should be recorded with HR, and employees are encouraged to ensure this is received. * Set their **OKRs** for the review period. * Hold regular **OKR review meetings** (recommended at least once every two months) and maintain notes of these discussions. ### **Employee Ownership** * Employees are responsible for driving their own performance conversations by setting OKRs, scheduling reviews, and maintaining records. * The company encourages frequent reviews, as they create more opportunities for feedback, alignment, and growth. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://playbook.wednesday.is/employee-handbook/employment-policies/performance-appraisal-policy.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.