Calibration

Meaning & Definition

Calibration offers organisations the ability to review and compare the performance of their employees using a structured process with the purpose of ensuring that all employee ratings, performance outcomes, or compensation decisions have been evaluated in a fair and consistent manner across teams and are based on common criteria rather than the biases of individual managers and the varying standards used for evaluating employees.

Important aspects of Calibration

• Provides equal and fair assessment of employee performance among teams.
• Decreases bias in the rating assigned by managers and the inflation and deflation of ratings.
• Creates enhanced credibility for promotions, appraisals, and rewards.
• Facilitates accurate identification of talent and succession planning.
• Enhances trust in the performance management system.

Legal & Regulatory Considerations

The term calibration does not appear to have a statutory obligation attached to it.

The following types of policies generally govern calibration: 

• Performance management and appraisal policies.
• Compensation reviews and increments.
• Talent reviews and promotions.

Maintaining documentation and joint criteria will support transparency and audit readiness.

For more info, visit: Performance Management Software