KPI and KRA Calculation
Download as PPTX, PDF6 likes4,604 views
This document outlines the key result areas (KRAs) and key performance indicators (KPIs) for an HR department. The 7 KRAs covered are: (1) Recruiting, (2) HR Ratios, (3) Performance Appraisal, (4) Regulation Compliance, (5) Rewards and Recognition, (6) Compensation & Benefits, and (7) Learning & Development. For each KRA, 2-3 KPIs are defined along with the measurement formula and target levels. The KPIs measure metrics such as number of days to hire, leave usage, high/low performer percentages, training courses/hours, and error rates.
KPI and KRA Calculation
- 1. KPI and KRA SAMPLE FORMAT Corporate HR Department
- 2. KRA (1) Recruiting (2) HR Ratio (3) Performance Appraisal (4) Regulation Compliance (5) Rewards and Recognition (6) Compensation & Benefit (7) Learning & Development
- 3. (1) Recruitment ( KRA ) KPI - A. Number of days recruitment required employee (Can be count Employee Requisition Date) “ Lower the Better ’’ Formula Score : Target / Actual x 100 Final Score : Score x Weight / 100
- 4. (1) Recruitment ( KRA ) KPI - B. Number of right candidate for new join (Number of Probation Pass from Probation Appraisal Result) “ Higher the Better ’’ Formula Score : Actual / Target x 100 Final Score : Score x Weight / 100
- 5. (2). HR Ratio ( KRA ) လစာ Mid Point ရာခိုင္ႏႈ ႏႈ န္ႏႈ ၏ (၈၀%) အာ Target သတ္မွတ္္ ာ ၿပ ေႏႈအာက္ေႏႈလွ်ာ်ာ့လွ်င္ KPI Out သည္။ Formula Score : Actual / Target x 100 Final Score : Score x Weight / 100 KPI – A. % of or indexed to the Salary Range midpoint / market rate ( Salary Survey )
- 6. (2). HR Ratio ( KRA ) စိုစိုေႏႈပါင္ႏႈ ၀န္္မ္ႏႈ အလိုပတကရက္၏ (20%) အာ စိုစိုေႏႈပါင္ႏႈ ခခင်ာ့ႏႈ္ရက္ Target အျဖစ္ သတ္မွတ္္ ာ ၿပ Target ထက္ေႏႈကွ်ာႏႈ္လွ်င္ေႏႈကာင္ႏႈ သည္။ Monthly Actual Working Day (24) x Total Employee (100) = A (2400) Total Leave Day (90) / A (2400) x 100 = 3.75% Formula Score : Target / Actual x 100 Final Score : Score x Weight / 100 KPI – B. % of Average Leave day per Month (Monthly) ( Monthly Leave Report )
- 7. (3). Performance Appraisal ( KRA ) Performance Appraisal Result အဆင်ာ့ႏႈ္ သတ္မွတ္ခွ်ကအ ရ Stage (4) & (5) ရရသူဥ ေႏႈရ = A တ္စ္ႏႈ ႏႈစတာတတ္င္ Performance Appraisal ႏႈျပဳလိုပ္ာ သည်ာ့ႏႈ္ ၀န္္မ္ႏႈ စိုစိုေႏႈပါင္ႏႈ = B % = A / B x 100 Formula Score : Actual / Target x 100 Final Score : Score x Weight / 100 KPI –A. % of High Performance Employees ( From Stage of Performance Appraisal Result – 40%)
- 8. (3). Performance Appraisal ( KRA ) Performance Appraisal Result အဆင်ာ့ႏႈ္ သတ္မွတ္ခွ်ကအ ရ Stage (1) & (2) ရရသူဥ ေႏႈရ = A တ္စ္ႏႈ ႏႈစတာတတ္င္ Performance Appraisal ႏႈျပဳလိုပ္ာ သည်ာ့ႏႈ္ ၀န္္မ္ႏႈ စိုစိုေႏႈပါင္ႏႈ = B % = A / B x 100 Formula Score : Target/ Actual x 100 Final Score : Score x Weight / 100 KPI – B. % of Low Performance Employees ( From Stage of Performance Appraisal Result – 20%)
- 9. (3). Performance Appraisal ( KRA ) စိုစိုေႏႈပါင္ႏႈ ၀န္္မ္ႏႈ ဥ ေႏႈရ = A တ္စ္ႏႈ ႏႈစတာတတ္င္ Performance Appraisal ႏႈျပဳလိုပ္ာ သည်ာ့ႏႈ္ ၀န္္မ္ႏႈ စိုစိုေႏႈပါင္ႏႈ = B % = B (200) / A (250) x 100 = 80% Formula Score : Actual / Target x 100 Final Score : Score x Weight / 100 KPI - C. % of Appraisal done on Schedule ( Performance Appraisal – 80%)
- 10. (4). Regulation Compliance ( KRA ) စိုစိုေႏႈပါင္ႏႈ ႏႈျဖစစ္ာ ေႏႈသာႏႈျပစမ မွ်ာ ထဲမ အႀက ဆံႏႈိုႏႈ ႏႈျပစမ ေအရအတတ္က္ Formula Score : Target / Actual x 100 Final Score : Score x Weight / 100 KPI - A. Frequency of Big Violations per year ( From Violation Report – 5 Times)
- 11. (5). Compensation & Benefit ( KRA ) Total Employee = A (300) Error Employee = B (30) % = B/A x 100 (10%) Formula Score : Target / Actual x 100 Final Score : Score x Weight / 100 Salary Calculation Error (5%) ( From Salary Result)
- 12. (6). Internal Promotion Rate ( KRA ) Total Employee = A (300) Promotion Employee = B (30) % = B/A x 100 (10%) Formula Score : Actual/Target x 100 Final Score : Score x Weight / 100 Performance Appraisal Result (20%)
- 13. (7). Learning and Development ( KRA ) Formula Score : Actual / Target x 100 Final Score : Score x Weight / 100 KPI – A. Training Course Implemented (20 Course)
- 14. (7). Learning and Development ( KRA ) Formula Score : Actual / Target x 100 Final Score : Score x Weight / 100 (A) Training Hours per Employee ( ------ Hrs)
- 15. Thanks you