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How to set up Tasks and linked costs to achieve a Goal

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User Self Service>>Manager>>Talent>>Goals>>Goals>>[Select Goals]>>[+]>>Tasks>>[New Task]

Tasks

Use this option to enter the specific tasks required to complete the goals here. Tasks are time-bound and linked to associated costs. You can also input the budgeted and actual costs for each task, ensuring accurate tracking of both time and expenses related to goal completion.

How does it work?

Budgeted and Actual Costs: These costs are entered by the manager after discussions with the employee regarding what is needed to achieve the goal. HR can also enter these costs based on company policy. Once entered, the costs automatically update in User Self Service >> Manager >> Talent >> Goals >> [Select Goal] >> [+] >> Costs for tracking and review.

Enter Task Details and Linked Goal Costs

Task Name/Description: Enter user-defined tasks and associated costs.

Start/End Date: Enter the task start and end dates.

Linked Goal Cost: Select the task to link the goal cost to.

Budgeted Cost for Task: Enter the budgeted expenditure to cover the cost of this task.

Actual Cost for Task: Enter the actual expenditure incurred to perform this task.

View the Total Costs against the Goal

Percentage of Budget Used: The percentage of the Budgeted Cost used i.e.  

Actual Cost/Budgeted Cost * 100

$7,500/$8,000 * 100 = 93.75%

View all Costs associated with Goal Tasks

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