Target based PMS

Target based PMS

Target based performance plans can be designed if performance review is to be done against a quantified target, the target needs to be broken down to the same level to which the review is to be done - monthly, quarterly, six monthly or annual. Plan can be created as a mix of target based criteria and non target based criteria.

Refer to Creating Performance Plans to understand how to create a performance plan with the Target based review feature.

The key differences from the standard PMS process are highlighted below.

1. Goal Setting

During the goal setting process employee needs to fill up the target, six monthly in the example shown below. Assessor can modify the target, the option to change the weightage or criteria is available only if enabled in the setup.


Target and Unit columns will be open for input only against target based criteria. If a new criteria is added then at the first step you will have to specify if the criteriais target based or non target based as shown below.
 

2. Periodic Reviews

When the periodic review window is opened, employee should click on the periodic review tab - Mid Year - in the example shown below. 


On the table list of all criterion is shown, use the "Edit" button to open the popup where details for each criteria can be inputted.


Explanation of input fields

Employee fields
1. Remarks - for writing down self assessment / feedback by assessors
2. Target - this will show the current period's target
3. Actual - achievement against the target is to captured here
4. Percentage target achieved - this is automatically calculated and shown the percentage achievement
5. Default Score - this is based on the weightage of the criteria and the actual achievement - If achievement 100% or more than 100% then the maximum score which is equal to the weightage will be given. If achievement is less than 100% then the default score will be proportionately reduced.
6. Requested Score - this field should be used by the employee to input the requested figure which can be different from the actual figure

Assessor / Reviewer fields
1. Remarks - for writing down any comment, observation, input
2. Score - assessor can directly write the score which he wants to give to the employee

Notes
Note - for non target based criterion there are no targets and there is not actual achievement, employee can input the requested figure which is used to calculate the score.

The remaining part of process runs like a regular PMS process. Refer to article on Employee's role or Assessor role for more details.

3. Modification of Targets / Criteria

Target updation

Once goals and initial targets have been approved then the option to change a target is only with the Performance Manager . To update the targets click on "Update Target" button which is highlighted below.

The targets can be updated on the popup which comes up on the page. Targets cannot be updated for a stage which has been released.



Remember to "Submit" the revised targets on the bottom of the form because submission on the popup is only updating on the page, it will be updated in the database only on click of Submit at the bottom of the page.

Addition / Removal of Criteria

Once the performance sheet has been released for Goal setting the changes in criteria has to be done by 
1. deactivating existing criteria - this can be done by clicking on "Deactivate" button on the criteria row as shown above
2. adding new criteria - this can be done by filling up the details in the last row. The weightage of deactivate criterion and added criterion should be same.

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