Glossary
Performance Analysis Quadrant
Meaning & Definition
Performance Analysis Quadrant (PAQ) is an HR tool utilized for employee evaluation based on several criteria including their performance and prospects of development in the future. Using this tool, employers can place employees in different quadrants and identify areas where development is required as well as reward good performers.
Important Aspects of Performance Analysis Quadrant
- Provides a structured way of conducting employee performance evaluation.
- Allows comparing performance and prospects of future development.
- Helps to spot employees requiring further development.
- Facilitates talent development and succession planning.
- Enables managers to develop appropriate performance development plans.
- Makes decision-making related to the workforce more informed.
Compliance Guide
PAQ itself is not regulated by any Indian legislation. However, it should be made sure that performance evaluation is done in a consistent and non-discriminatory manner.
Also, it should be kept in mind that records of performance of employees must comply with all relevant laws and HR guidelines, especially if they are digital.
