← HR Metrics·Performance & Development
Performance Improvement Rate
Rate of improvement in performance ratings period over period
How it’s computed
(current_avg - previous_avg) / previous_avg
What the evidence shows
Evidence (effect sizes, priors, validity) is syncing from Principia.
Run it on your data
This metric is computed in the People Analytics Toolbox on your own numbers. See pricing — posted, no quotes.
sources: toolbox:metrics-catalog
What the literature says
The measurement literature behind this signal — sourced, so you can defend it.
“In compensation decision-making, the data on which action will be taken should be the referenced item and, as such, should be in the denominator of the calculation. That way, the percent difference will be expressed in terms of the reference. For example, market adjustment is…”
— Worldatwork Handbook Compensationmatch 53%
“It is common practice to assign a weight of importance to each key result based on impact, frequency, and relative significance to the overall list of responsibilities as well as to the department and the organization. Weights may be determined informally and discussed when…”
— Worldatwork Handbook Compensationmatch 51%
“The tilde (~) operator signifies “depends on,” so this is a perfect example of a dependent variable and an independent variable. summary() Get the results of the logistic regression Here’s the output: [image file=Image00160.jpg] [image file=Image00161.jpg] To predict whether an…”
— People Analytics Text Mining with Rmatch 50%
Resources: Worldatwork Handbook Compensation · People Analytics Text Mining with R