An employee performance appraisal is a processâoften combining both written and oral elementsâwhereby management evaluates and provides feedback on employee job performance, including steps to improve or redirect activities as needed. Documenting performance provides a basis for pay increases and promotions.
What is a 'Concession'. A concession is a selling group's compensation in a stock or bond underwriting agreement. The amount of compensation is based on the underwriting spread, or the difference between what the public pays for the securities and what the issuing company receives from the sale. Included in the underwriting spread is the management fee, selling concession and underwriter's compensation.
Reporting entities subject to a service concession arrangement with a public sector grantor who controls or has the ability to modify or approve the services should not account for the agreements as a lease nor recognize the infrastructure used in a service concession arrangement as property, plant and equipment.eporting entities subject to a service concession arrangement with a public sector grantor who controls or has the ability to modify or approve the services should not account for the agreements as a lease nor recognize the infrastructure used in a service concession arrangement as property, plant and equipment.