MGT 496 Lecture Notes - Lecture 7: Performance Management, Internal Consistency
Document Summary
Employee relations incidents - metric reflects the prevalence of employee relations incidents. Employee relations incidents = number of incidents / number of employees. Average performance rating - mean performance rating across a selected group of employees receiving. Turnover rate - rate at which employees are leaving the organization in a given time period. Compa ratio - ratio of an employee"s actual pay to the midpoint for the employee"s respective pay grade. Compa ratio = actual pay / pay midpoint for pay grade.
