Definition | The number of days it takes for the formal performance review process for senior management/executives to be completed, from initiation to finalization. |
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Calculation | Count the number of days between the start and finish dates of the performance review process. |
Unit of Measurement | Days |
Function | Develop and counsel employees – HR |
Method of Estimation | Actual data obtained from HR records. |
Timeframe | Typically measured on a quarterly or annual basis. |
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