Performance Assessment:
At the end of the performance assessment, the employees are placed in grades. These grades are given on the basis of the ranking method.
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5%
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20%
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25%
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25%
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20%
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5%
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A+
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A
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B+
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B
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B-
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C
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Top 5% performers are given grade A+ and the next 20% get A grade, and so on. Similarly, the bottom 5% get C grade. This method helps the company to identify top performers as well as under performers. The frequency distribution curve helps the company to know the performance status of each and every employee.
Percentage-wise, performers in an organization are identified as:
For low performers, the management tries to find out obstacles and remove them through training, job shift, etc.