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Author Topic: Performance/appraisal related pay  (Read 994 times)
smitkit
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« on: April 03, 2003, 11:28:13 am »

Where I currently work, everyone is measured against a set of objectives and targets (some of these apply to everyone and some are individual).  At appraisal time, the manager sits down with the person and agrees their performace rating on a scale from 1-5, five being outstanding.  A sliding scale matrix is produced centrally that says if you are a grade x and get rated as a 1 you can get between Y% and Y% increase and so on for all grades.  It is then down to the managers discretion which % they are given (they are given a pay pot and have to keep within that), but they have to be ready to explain why they gave what they did to the employee.

I've not been here long enough to know if it's a good system, or how the employees feel about it.

Smitkit

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