Rating & Grading Configuration
These ratings measure dependability, initiative, attitude, etc., ranging from Excellent to Poor or some similar scale. These results are used to calculate the employee's overall performance.
Use of Rating Scales:
- Standardizes performance evaluation
- Reduces bias and subjectivity
- Makes feedback clearer for employees
- Enables comparison across employees or departments
- Supports data-driven HR decisions (e.g., training needs, promotions)
Sample Rating Format
(Sample Rating Format content not provided)
Formula for Performance Appraisal in PrismERP:
| Method | KPI Type | Formula |
|---|---|---|
| Percentage | If Target is Incremental | if(Achivment>0,(Achivment x 100/if(Target=0,1,Target)),(Achivment x 100)) |
| Percentage | If Target isn't 0 & Decremental | (Target x 100)/if(Achieved Score>0,Achieved Score,1) |
| Percentage | If Target is 0 & Decremental | if( Achivment=0,Highest Score,((Highest Score/Achivment)-1)) |
| Weightage | If Target is Incremental | (Achievement*Weightage)/Target |
| Weightage | If Target isn't 0 & Decremental | (Target*Weightage)/Achievement |
| Weightage | If Target is 0 & Decremental | if( Achivment=0,Highest Score,((Highest Score/Achivment)-1)) |