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70 30 Performance Details
70 30 Performance Details
During the goal setting exercise the weightage of goals will be 70%
and weightage of competencies will be 30%
This is incorrect interpretation of the process. The sum of the weightage
of all goals must be equal to 100%. Similarly sum of the weightage of all
competencies will also be equal to 100%.
For example:
The competencies will be auto populated for each employee based on the
role family that they fall under. The competencies will be visible in the
system only at the time of appraisal.
As in the system the competencies will only be visible at the appraisal
time, HR team will send an email to each colleague on the 31st Jan. This
will include the details of the competencies that they are expected to
display through the year.
How will the final rating get calculated for each
employee?
During the Performance Appraisal Managers will rate their team
members on the following two aspects:
• Achievement of the Goals
• Competency Behaviors exhibited during the year
The system will assign 70% weightage to the final rating of the
Goals and 30% weightage to the final rating of the Competency
Behaviors
The system, Leap, will calculate the final rating in the following manner:
Final Rating = (Rating for Goals * 70%) + (Rating for Competencies * 30%)
= (4 * 70%) + (3.5 * 30%)
= (2.8) + (1.05)
= 3.85
Please note the manager is not required to do this calculation. They only
need to provide rating for each goal and each competency behavior.