Dear Team,
I have a clarification. I am designing KRA for Marketing Executives. Against each field/activity, weightages are given, like 50, 20, etc., totaling to 350 marks. Is there any restriction to give total weightage only to 100, or can it be more than 100? Please clarify.
Thanks,
Narasimhan S
From India, Bangalore
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8I have a clarification. I am designing KRA for Marketing Executives. Against each field/activity, weightages are given, like 50, 20, etc., totaling to 350 marks. Is there any restriction to give total weightage only to 100, or can it be more than 100? Please clarify.
Thanks,
Narasimhan S
From India, Bangalore
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Dear Narasimhan S,
Why do we assign weights to KRAs?
The total of all the weights (it is not "weightage," though the word has been widely used in India) should be 100, as the percentage is calculated on 100. We assign weights to KRAs to distinguish the degree of importance. The higher the weight, the higher the degree of importance. The formula for calculating each KRA is as follows: (score attained / score for the KRA) * weight.
If you keep the total of all the weights as 350, then the question arises: why 350, why not 250 or 450 or some other number? While you may come up with logic for the number 350, someone else will have his/her logic for 250, 300, and so on. It will only create chaos. Therefore, the total weight of 100 is scientific and proven too.
Thanks,
Dinesh Divekar
From India, Bangalore
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Why do we assign weights to KRAs?
The total of all the weights (it is not "weightage," though the word has been widely used in India) should be 100, as the percentage is calculated on 100. We assign weights to KRAs to distinguish the degree of importance. The higher the weight, the higher the degree of importance. The formula for calculating each KRA is as follows: (score attained / score for the KRA) * weight.
If you keep the total of all the weights as 350, then the question arises: why 350, why not 250 or 450 or some other number? While you may come up with logic for the number 350, someone else will have his/her logic for 250, 300, and so on. It will only create chaos. Therefore, the total weight of 100 is scientific and proven too.
Thanks,
Dinesh Divekar
From India, Bangalore
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HI Dinesh, Thanks..i do agree. But my question was can be it be more than 100. Is there any limitation to set the weightage.
From India, Bangalore
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From India, Bangalore
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Dear Mr. Narasimhan,
Please review Mr. Dinesh's response, specifically regarding the statement "the total weight of 100 is scientific and proven too." You have not provided clarification on the reasoning behind maintaining the total weight at 350.
Thank you.
From India, New Delhi
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Please review Mr. Dinesh's response, specifically regarding the statement "the total weight of 100 is scientific and proven too." You have not provided clarification on the reasoning behind maintaining the total weight at 350.
Thank you.
From India, New Delhi
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If you want to take forward a total of 350 only, then consider 350 as 100% and divide the KRA score accordingly. But we didn't understand why it's 350? Maybe you are calculating more number of KRAs.
From India, Gurgaon
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From India, Gurgaon
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The aggregate weightage of KRAs can be more than 100; it depends on the needs of the organization. The higher the score, the finer the distinction between one executive and another. However, the universal method is to aggregate to 100, and comparison on a percentile basis is easier and facilitates benchmarking.
Let the scorecard aggregate be 350. I suggest that the interpersonal comparison be made by reducing the score to a percentile basis, allowing one or two decimal places. This will render the exercise more meaningful while retaining your uniqueness.
From India, Mumbai
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Let the scorecard aggregate be 350. I suggest that the interpersonal comparison be made by reducing the score to a percentile basis, allowing one or two decimal places. This will render the exercise more meaningful while retaining your uniqueness.
From India, Mumbai
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Dear Narasimhan S,
I do agree with Mr. Dinesh. I think you have doubts in understanding the Key Result Areas (KRAs) in totality. Key Result Areas define the main job responsibilities of an individual within the organization. KRAs are decided by the organization to assess an individual's quantitative and qualitative analytical abilities for a specific job assigned to them. The individual sets targets against each key area with a weightage, and the sum total is 100%. This calculation is presented in percentages.
Thanks,
From India, Mumbai
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I do agree with Mr. Dinesh. I think you have doubts in understanding the Key Result Areas (KRAs) in totality. Key Result Areas define the main job responsibilities of an individual within the organization. KRAs are decided by the organization to assess an individual's quantitative and qualitative analytical abilities for a specific job assigned to them. The individual sets targets against each key area with a weightage, and the sum total is 100%. This calculation is presented in percentages.
Thanks,
From India, Mumbai
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Dear Narasimhan S, Pl go by Mr. Dinesh advise because the sum of total weight-age can not be more than 100. It can be distributed as per focused areas of organisation. Thanks, V K Sharma
From India, Delhi
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From India, Delhi
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