Performance Rating Formula - Xls Download

Dear Simhan,
I understood how to measure individual performance from your explanation. Eg: Rating: 3.85
I also found how to measure company performance. Eg: Rating: 2.3
Here our company policy is :
Performance appraisal will happen based on 50% of individual performance and 50% of company performance.
So now tell me what is the formula to calculate this?
Regards,
Preethi

If they are given equal weighting just add the figures and divide by 2 or multiply each of the figures by 0.5 and add them.
Please may I know your background?

Thanks for the immediate response.
Yes... I work for IT company which is a new start up.
I have not exposed in HR activities except recruitment.I am finding it difficult to Plan and Execute things, because I have no one to guide or suggest or to show the standard of the government etc.
Regards,
Preethi

Please give us more details of your basic qualification, the size of the firm, your total experience, etc. It will always help us.

Dear Preethi,
Make some criteria for achievement for your employees like 4+1 evaluation system

I have 7 KRA.
In 6 KRAs which weightage is 90% - Rating 2
In 1 KRAs which weightage is 10% - Rating 3
What would be my final rating?
Kindly help me out on the same.