Using survey data from a large international oil company, this econometric study explores the perceptions of
performance appraisal and career opportunities on one hand, and how this is dependent on variation in properties
and characteristics of the local working environment on the other hand. Perceptions indicate that performance
and payoff are better balanced among women than among men. Moreover, the connection between perceived
achievement and appreciation is strengthened by time of service for leaders, but not for employees in
non-managerial positions. Finally, perceptions of performance appraisal and career opportunities depend on
characteristics of the local work environment, with positive influence from key phenomena like change
capability, competency focus, trust and identity.