Cycle time in days for the formal performance review process from start to finish for Operational workers/office staff

This measure calculates the number of calendar days (including weekends) required to complete the formal performance review process from start to finish for operational workers/office staff (i.e. employees who do not have any management responsibility). It is part of a set of Cycle Time measures that help companies analyze the duration of the process "manage employee performance" from beginning to end.

Benchmark Data

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Measure Category:
Cycle Time
Measure Id:
104031
Total Sample Size:
1,616 All Companies
Performers:
25th
Median
75th
Key Performance
Indicator:
Yes

Compute this Measure

Units for this measure are days.

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Cycle time in days from start to finish for a formal performance review for an operational worker/office staff employee

Key Terms

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Cycle Time

Cycle time is the total time from the beginning of the process to the end. This includes both time spent actually performing the process and time spent waiting to move forward.

Median

The metric value which represents the 50th percentile of a peer group. This could also be communicated as the metric value where half of the peer group sample shows lower performance than the expressed metric value or half of the peer group sample shows higher performance than the expressed metric value.

Measure Scope

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Cross Industry (7.3.0)

  • 7.3.2.1 - Define employee performance objectives (10479) - Outlining the objectives for employee performance. Establish key performance objectives and measures such as customer-focus objectives, financially focused objectives, and employee growth objectives.
  • 7.3.2.2 - Review employee performance (21434) - Execution of employee reviews/performance on a frequent basis.
  • 7.3.2.3 - Manage employee performance (21435) - Management of reviewing employee performance. This includes the tools that are used, the frequency of the reviews, and how the reviews are used within the organization.
  • 7.3.2.4 - Evaluate and review performance program (10481) - Assessing and revamping performance programs, including the instruments used to measure employee performance standards. Review and upgrade these performance programs to avoid any deprivations and ensure effectiveness.