Cycle time in days for the formal performance review process from start to finish for senior management/executives

This measure calculates the number of calendar days (including weekends) required to complete the formal performance review process from start to finish for senior management/executives (i.e. the highest-ranking officers and managers below executives). 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

Lock

Sorry! Not all users have access to all of our resources. Question mark icon

Want to unlock access to all of our resources?

Learn about Membership icon--arrow--right

Measure Category:
Cycle Time
Measure Id:
104033
Total Sample Size:
1,135 All Companies
Performers:
25th
Median
75th

Compute this Measure

Units for this measure are days. Lower values are better.

Back to Top

Cycle time in days from start to finish for a formal performance review for a senior management/executive employee

Key Terms

Back to Top

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

Back to Top

Cross Industry (7.2.1)

  • 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, appraise, and manage employee performance (10480) - Refurbishing, appraising, and managing the performance of employees. Create performance reviews for all the employees by qualitatively and quantitatively measuring them. Use the reviews to provide performance appraisals. Monitor under-performing employees.
  • 7.3.2.3 - 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.