Performance pay differential
It measures the average variable pay received by a high performer compared to the variable pay received by a non high performer.
Calculation steps:
- correlate each employee with their performance rating
- correlate each employee with the amounts of cash received according to their performance
- average the payout for every performance rating category
- divide the average bonus payout received by employees within the high performer category to the average payout of employees within the meets expectation category
The metric can also be calculated for Total Cash.
This content can only be accessed by members with a subscription
Or pick the package that suits you best:
Member
- More than 40 HR KPI’s explained
- Limited access to best practices
- A learning hub that grows
- Access to our promotions
- One account
- 3 months of full access if you subscribe until 31st of May
3 months of full access if you subscribe until 31st of May
Professional
- More than 200 HR KPI’s explained
- Full access to best practices
- Full access to new content
- Access to our promotions
- One account
- 12 months subscription
Join Now
Corporate
- More than 200 HR KPI’s explained
- Full access to best practices
- Full access to new content
- Access to our promotions
- Unlimited accounts
- 12 months subscription
Join Now