Key Performance Indicators(KPIs) are measurable value that describes the effectiveness of an employee or group achieving its objectives. The KPIs determine the responsibilities and duties of the concerned employees and departments by tracking their progress towards the organization’s strategic goals. They are the indicators of how the organization performs to achieve its goal.
For example,
The higher-level authorities generally set KPIs. How KPIs are formed can be different depending on the type of organization and its employees. Here are some common things to look at when setting KPIs:
Irrespective of the type of organization, KPIs are equally important for them. To achieve their goals, organizations need to measure the progress of different matrices. Without analyzing the performances, how will they be able to identify the gaps and lacks. KPIs provide the correct information to act upon. When they indicate positive results, employees can be appreciated, and preventive measures can be taken in the case of negative outcomes.
The common KPIs for employees in an organization are:
Let your HR and workforce focus on most important business decisions while factoHR can reduce the burden of daily activities of the organization.
Note: It has come to our attention that fraudulent individuals are falsely posing as representatives of factoHR and offering fake job openings. Please be advised that factoHR does not offer any part-time or work-from-home task-based job opportunities. Our official communications are solely conducted through the @factohr.com domain. We do not engage on social media platforms like WhatsApp, Facebook, Telegram, Instagram, or public domain emails such as Gmail, Outlook, or Hotmail for official communication. Please note that we never ask for any payment in exchange for employment. Your safety is our priority, so kindly avoid sharing sensitive information through any communication channel. Stay vigilant, secure, and safe.