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Interpretation of Scores Managers in this company are charged with judging each direct report on their contribution to the company's overall success in meeting its strategic objectives. Furthermore, they must make this determination about each person relative to their peers within the company, which is a very demanding baseline. This judgment is a key aspect of every managers job. It serves the strategic objective of developing our people, enforces open communication between colleagues, and demands the exercise of our ability to make difficult judgments for the good of our company. Every person in this company is judged on their contribution to strategic objectives using the following scoring:
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2
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High achievement relative to peers | |||
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1
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Expected achievement relative to peers | |||
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0
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Poor achievement relative to peers | |||
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-1
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Undermining efforts of peers | |||
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The primary use of these scores is personal development of our people, not the reward or penalizing of employees. However the pattern of one's scores over time can reasonably be expected to be related to decisions such as the award of promotions, or the distribution of business unit bonus pools. |
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| © 2002 Hodak Value Advisors | ||||