{"id":2435,"date":"2011-07-12T08:25:47","date_gmt":"2011-07-12T08:25:47","guid":{"rendered":"http:\/\/www.yourhrworld.com\/formats\/?p=2435"},"modified":"2011-07-12T08:25:47","modified_gmt":"2011-07-12T08:25:47","slug":"key-performance-indicator-kpi-examples","status":"publish","type":"post","link":"https:\/\/www.yourhrworld.com\/formats\/compensation-and-benefits\/key-performance-indicator-kpi-examples\/","title":{"rendered":"Key Performance Indicator (KPI) Examples"},"content":{"rendered":"<h3>I. Characteristics of KPI<\/h3>\n<p><strong>KPI<\/strong> is a term specifically used to indicate criteria adopted in evaluating the employee\u2019s performance. Following are some characteristics of KPI:<\/p><div class=\"69eb924294c115e6505da44099e8df92\" data-index=\"1\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script type=\"text\/javascript\"><!--\r\ngoogle_ad_client = \"pub-0867779017855679\";\r\n\/* 300x250, created 4\/20\/11 *\/\r\ngoogle_ad_slot = \"1035864135\";\r\ngoogle_ad_width = 300;\r\ngoogle_ad_height = 250;\r\n\/\/-->\r\n<\/script>\r\n<script type=\"text\/javascript\"\r\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\r\n<\/script>\n<\/div>\n\n<p>1. A KPI must be aligned with the organization\u2019s objectives;<\/p>\n<p>2. A KPI is determined by management personnel (normally human resource managers);<\/p>\n<p>3. A KPI must be designed so that it is easy to understand;<\/p>\n<p>4. Some KPIs are specifically designed for each employee;<\/p>\n<p>5. KPIs are expected performance by the organization;<\/p>\n<p>6. KPIs must be designed to balance the evaluation of each employee;<\/p>\n<p>7. KPIs lose their accuracy over time; therefore, it is necessary to revise KPIs periodically.<\/p>\n<h3>II. Requirements of a KPI:<\/h3>\n<p>An effective KPI should be:<\/p>\n<p>1. Specific;<\/p>\n<p>2. Measureable;<\/p>\n<p>3. Achievable;<\/p>\n<p>4. Performance relevant;<\/p>\n<p>5. Containing deadline requirement.<\/p>\n<h3>III. How to design a KPI?<\/h3>\n<p>1. Design Key Result Areas (KRAs) and the importance of each KRA;<\/p>\n<p>2. Identify necessary procedures to perform each KRA;<\/p>\n<p>3. Identify the measurement criteria for each KRA and evaluate the importance of each criterion;<\/p>\n<p>4. Summarize the criteria and the importance of each criterion;<\/p>\n<p>5. Develop a summary table of KPIs.<\/p>\n<p><strong><a href=\"https:\/\/www.yourhrworld.com\/formats\/wp-content\/uploads\/2011\/07\/Key-Performance-Indicator-KPI-Examples.doc\">Click Here To Download Key Performance Indicator (KPI) Examples<\/a><\/strong><\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>I. Characteristics of KPI KPI is a term specifically used to indicate criteria adopted in evaluating the employee\u2019s performance. Following are some characteristics of KPI: 1. A KPI must be aligned with the organization\u2019s objectives; 2. A KPI is determined by management personnel (normally human resource managers); 3. A KPI must be designed so that it is easy to understand; 4. Some KPIs are specifically designed for each employee; 5. KPIs are expected performance by the organization; 6. KPIs must be designed to balance the evaluation of each employee; 7. KPIs lose their accuracy over time; therefore, it is necessary<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[514,601,579],"tags":[602],"class_list":["post-2435","post","type-post","status-publish","format-standard","hentry","category-compensation-and-benefits","category-kras-kpis","category-performance-management","tag-kpi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Key Performance Indicator (KPI) Examples - HR Letter Formats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yourhrworld.com\/formats\/compensation-and-benefits\/key-performance-indicator-kpi-examples\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Performance Indicator (KPI) Examples - HR Letter Formats\" \/>\n<meta property=\"og:description\" content=\"I. Characteristics of KPI KPI is a term specifically used to indicate criteria adopted in evaluating the employee\u2019s performance. Following are some characteristics of KPI: 1. A KPI must be aligned with the organization\u2019s objectives; 2. A KPI is determined by management personnel (normally human resource managers); 3. A KPI must be designed so that it is easy to understand; 4. Some KPIs are specifically designed for each employee; 5. KPIs are expected performance by the organization; 6. KPIs must be designed to balance the evaluation of each employee; 7. 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