How does your school handle it?
In ours, they have changed the word of the termly high-stakes observations from "observation" to something that makes it sound better, but actually makes zero difference, with deep dives still going strong. Then added on a tonne of learning walks under various development guises, making almost every week a stressful experience. Then added on more expectations for tutors, all under "teacher standards". Asked us to fill in a document multiple pages long in which we stated what pay grade we're applying for next year, and to keep a folder of evidence of everything we are doing. And also of any and all interventions done to get Y11 to get at least a grade 4, even if they can barely string a sentence together. Oh, and we are working towards targets that are, fully admitted by leadership, made up because there are no SATS to base them on.
So it's PRP. My previous school kept a similar system (so colleagues still working there have told me), as has the school before that, minus the 60min observations.
How does your school handle performance management and pay progression?