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No. It might sound a bit airy-fairy, but the appraisal process, if it's to be carried out properly, should be a frank two-way-communication process aimed at identifying, discussing and, eventually, agreeing performance targets for the period ahead. It should encompass such aspects as training/development which might assist in achieving these targets. Mutual buy-in should be the intended outcome.
It's arguable of course as to whether financial reward contributes to mutual buy-in. While it is of course important, it is not one of the primary factors affecting motivation. Putting the matter on the agenda of a performance appraisal meeting is the equivalent of one party bringing in a loaded gun to be waved about threateningly. It's not conducive to the frank and open discussion that the performance appraisal is supposed to be about.
However, it's reasonable that employees should be made aware, independently of the appraisal process, of what they need to do to secure a pay rise and/or promotion and that in absence of doing what's necessary, they won't get a pay rise/promotion. This way, they can't quibble.
My point is that these requirements shouldn't be communicated in the context of the performance appraisal process which should be about seeking a mutually workable outcome - not a pointscoring exercise.