I’m reminded of what Deming has said about performance reviews, going as far as to call it a “deadly sin of management.” For context, Deming was a famous statistician who went to Japan after WWII and introduced management techniques that boosted the quality of products; he is still a well-known figure in Japan. A lot about Deming’s philosophy on performance reviews can be found here (https://deming.org/deming-on-management-performance-appraisa...).
Sadly I’m unaware of any American companies that adopts Deming’s philosophy on performance management. The HP Way was similar, but the HP Way died at HP decades ago and HP is now run like any other corporate American enterprise, but I digress.