Final Rating based on two Performance Documents
Summary:
Calculate Final Rating as Average of Mid-Year and Year-End Appraisals
Content (please ensure you mask any confidential information):
We will have two Appraisals Mid-Year and Year End, where the manager will provide his/her ratings. We need to build a Fast formula for the Year-End calculated rating to be based on the Average of Mid-Year and Year-End Appraisals.
For example an employee receives a Mid-Year rating of 3.8 and a Year-End rating of 4.2:
- Mid-Year: Goals = 4.0, Competencies = 3.2 → Overall = (4.0 × 0.70) + (3.2 × 0.30) = 3.76 ≈ 3.8
- Year-End: Goals = 4.3, Competencies = 4.0 → Overall = (4.3 × 0.70) + (4.0 × 0.30) = 4.21 ≈ 4.2
Final Annual Rating = (3.8 + 4.2) / 2 = 4.0
What is the name of the DBI holding the Mid-Year ratings ?
Version (include the version you are using, if applicable):
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