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Monday, October 1, 2012

Performance Quotient (PQ)


When you don't have or don't care to have systems to reliably measure individual employees output, how do you carry out an appraisal?  Well it is pretty simple.  Just substitute input for output and take into account the chemistry between reviewer and reviewee.  The precise formula for performance appraisal is as follows:

Performance Quotient = [{Sum over appraisal period of (Leaving Time - Reporting Time)} multiplied by 100 divided by (number of days$ in the review period*24)] plus (percentage of your liking for the reviewee)

In this system the organization may expect a performance quotient of 100 or more.

Again there are some bosses who prefer the simpler formula:

Performance Quotient = [{Sum over appraisal period of (Final Leaving Time - 0)} multiplied by 100 divided by (number of days$ in the review period*24)] plus (percentage of your liking for the reviewee)*1.5

$ You may choose total number of days or number of working days in consultation with HR.

Note: For using the formula correctly, all time must be in 24 hours format.  Also for an employee who chooses not to quit the office at all a checkout and check-in are automatically performed at midnight.

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