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Methodology for Data-Driven Employee Performance Management for Individual Performance, Measured Through Key Performance Indicators
Methodology for Data-Driven Employee Performance Management for Individual Performance, Measured Through Key Performance Indicators
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机译:通过关键绩效指标衡量的以数据为依据的员工绩效管理方法,用于个人绩效
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摘要
A methodology for data-driven employee performance management and performance-related compensation (i.e. bonus), measured through key performance indicators, methodology which includes the following steps: setting individual key performance indicators (KPIs) and the respective performance goals associated with said KPIs, establishing performance review frequency (i.e. monthly, quarterly, annually), establishing baseline levels for said KPIs (i.e. value at the end of previous performance review period), establishing ranges for performance ratings (i.e. result 90% of goal leads to a “below expectations” rating), establishing bonus or payout levels associated with each goal's performance level (i.e. “below expectations” performance pays 50%, “exceeds expectations” pays 125%), establishing goal priority, timing, and weighting, calculation of overall performance rating and (bonus) payout level at the end of the review period, and documentation of the results of all the steps listed above.
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