Create calculation formula
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Click this link to develop a new calculation formula.
- Start by filling in a name and description.
- The weighting of the different subareas of the employee review meeting is optional. If you leave it out, all subareas will be weighted equally.
- You can optionally enter a calculation formula for the individual assessment (as a percentage) of a goal, a task or a competency, etc. If you enter a valid formula here, the default formula [100% / target value - starting value)*(value achieved - starting value] is deactivated. In order for individual assessment as a percentage to work, a target value in percent must first be defined.
- Formulas for calculating the overall assessment are also optional. There is already a fallback formula integrated in the system for calculating the overall assessment from the assessment of the subareas.
- If you also want to calculate a suggestion for an employee’s salary and bonus, you must use the corresponding formulas. No suggestion can be calculated unless a formula is entered here. Remember to add a relevant description here so that other users can understand what is being calculated.
- You can fill out the two user-defined formulas however you like. For example, they could be used to calculate compensation based on the employee’s shares in the company, or a bonus in an internationally comparable currency for information purposes.
- Enter the organizational units with access rights, if necessary. Only managers with access to exactly these organizational units will later be able to use this formula for their employees.
- Easily test your formulas with the formula analyzer.