Full Form of PRP

Full formBusiness & Corporate
PRPstands for

Performance Review Process

What is PRP?

The Performance Review Process (PRP) is a systematic evaluation methodology used by organizations to assess employee performance against predefined goals, competencies, and behavioral expectations. In India, PRP is widely adopted across sectors such as IT services, banking, manufacturing, and government undertakings. Typically conducted semi-annually or annually, the process involves self-assessment, manager review, peer feedback, and a final rating that influences promotions, bonuses, and training plans. Indian multinationals and domestic firms alike use PRP to align individual contributions with organizational objectives, especially in performance-driven industries like Bengaluru’s tech hubs and Mumbai’s financial centers. The process often includes a performance improvement plan (PIP) for low-rated employees. PRP is a common topic in MBA curricula and HR certification exams such as SHRM and NIPM, as it directly impacts talent management and employee retention strategies in the Indian workforce.

PRP का फुल फॉर्म

प्रदर्शन समीक्षा प्रक्रिया

Example

During the quarterly PRP meeting, the team lead discussed Rohan's project milestones and provided constructive feedback for the next cycle.

PRP — frequently asked questions

What is the full form of PRP?
PRP stands for Performance Review Process, a formal system used by organizations to assess employee performance and provide feedback.
How is PRP different from annual appraisal in Indian companies?
PRP is the structured process that includes goal setting, continuous feedback, and a final review, whereas an annual appraisal is just the year-end rating event; PRP encompasses the entire cycle.
Is PRP mandatory for all employees in India?
Most registered companies in India with more than 10 employees adopt some form of PRP, though it is not legally mandated; it is widely used for career progression and salary revisions.
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