in normalization process followed in performance management, is the percentages a business strategy or is there a mathematical process to calculate it. If there is a mathematical process, may i know what they are?
From India, Bangalore
Are you looking for this to implement in your Organization or it is for basic understanding of PMS?
I would like to give you a background before understanding or if you want to frame some PMS processes....
The Performance Management processes vary in each industry, even in current scenario it varies from different levels of organisations in the same Industry.
For example in IT and ITEs , the PMS normalization is set as guidelines while designing the company policies. Those policies may change depending on the organizations's growth.
As you mentioned It is a STRATEGY in Rewarding employee's performance/ Financial planning for any performance period etc...
To clarify in a better way, the following criteria can be considered :
- Type of Industry
- Which level your organization belongs to
-Size and turnover of the company
-Hierarchical structure if available how many levels
-and many more "

From India, Madras

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