Definition | The readiness of an employee for a promotion based on their job performance, skills, and experience. |
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Calculation | Based on the employee’s performance appraisal scores, exam/test results, number of years of experience, and other relevant factors. |
Unit of Measurement | Percentage |
Function | Core HR |
Method of Estimation | Through a combination of quantitative and qualitative data analysis. |
Timeframe | Annually |
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