This document summarizes a group project by 5 students. It lists the group members and discusses the strengths and weaknesses of an employee appraisal system. The strengths include recent inclusion of 360 degree feedback, aligning employee KRAs with organizational objectives, a transparent talent review process, an appeal system, and incentive pay tied to company performance. Weaknesses include the lack of a self-rating system and potential biases in ratings from effects like recency, halo, and mirror effects. Ratings also tend toward central tendency on the limited pointer scale.