Glossary
Grading OKR
Meaning & Definition
Grading OKR means determining the level of achievement of the set objectives. For each key result, there is an assigned score (usually measured using a certain scale such as from 0 to 1). This assists in measuring the performance of employees or teams objectively.
Importance of Grading OKR
- Measures progress towards achieving set goals.
- Facilitates open and accountable teamwork.
- Highlights the strengths and weaknesses of the individuals.
- Supports in conducting objective performance reviews.
- Promotes the operation of personal and organizational objectives.
Legal Compliance & Requirements
- No particular statutory requirement is associated with this Grading OKR.
- Enforced through Performance Management System (PMS).
- Could be connected to appraisal system, reward systems, and bonuses.