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Goal Standards
Goal Standards define the criteria for rewarding points, aligning with targets achieved by each quarter. For example, if a quarterly target is met, a predetermined number of points is awarded, ensuring clarity and alignment with performance objectives. These points will appear in the Targets screen and contribute to the employee's overall goals.
Weights, standards, and points are user-defined and should adhere to the company’s goal-processing procedures. The maximum points awarded are determined by settings configured in Talent Management >> Goals >> Goal Setup >> Goal Points.
Step 1: Select the Goal
Step 2: Set the Goal Standards
Default Standards and Points: Enter the standard description and corresponding points for the five (5) default standards:
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Exceeded Expectations (5 points):
The employee has exceeded the goal by achieving more than 100% of the target. This indicates outstanding performance, where the employee has gone above and beyond the set expectations and contributed additional value. -
Met Expectations (4 points):
The employee has achieved 100% of the goal. The target has been fully met, and the employee performed effectively within the required standards for the goal. -
Slightly Below Expectations (3 points):
The employee achieved between 80% and 99% of the goal. While the goal was nearly reached, there were minor gaps in performance that could be improved. -
Moderately Below Expectations (2 points):
The employee achieved between 60% and 79% of the goal. This reflects a notable shortfall in performance, with several key aspects of the goal not being met. -
Far Below Expectations (1 point):
The employee achieved less than 60% of the goal. Significant improvement is needed as the goal was largely unmet, and performance fell far below the required standard.
Step 3: View the Goal Standards
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