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Key performance indicators are measurable indicators used to evaluate your performance level Every Key Result Areas must have at least one KPI. Total number of KPIs shoud be 8 10 items.
Weight of each KPI should be defined. Weight of KPI is determined based on the scale of priority. Total weight should be 100.
Formula to calculate score : Actual / Target x 100 (for KPI Maximize, the higher the better) or Target / Actual x 100 (KPI Minimize; the lower the better).
Final Score is used to determine bonus allocation, salary increase, and promotion.
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