Rate of Performance Reviews Completed On Time
Percentage
Tracks the timeliness of performance appraisals and evaluations against their scheduled dates. Timely performance reviews ensure employees get regular feedback on their work, aiding in their professional development. Delays can lead to missed growth opportunities and employee dissatisfaction.
Formula
(Number of reviews completed on time / Total reviews scheduled) x 100
Example
Completing 90 out of 100 scheduled reviews on time gives a rate of 90%.