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“In short, performance ratings are indicative only of how a person is performing in their given role at the time they are being evaluated. Ratings, although an important way to measure performance during a specific period, are not predictive of future performance and should not be used to gauge readiness for a future role or qualify an internal candidate for a different team. (They can, however, be used to evaluate whether an employee is properly or improperly slotted on their current team; therefore, they can provide an opportunity to evaluate how to better support an internal candidate moving forward.)”

Titus Winters, Software Engineering at Google: Lessons Learned from Programming Over Time
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Software Engineering at Google: Lessons Learned from Programming Over Time Software Engineering at Google: Lessons Learned from Programming Over Time by Titus Winters
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