Definition | This KPI measures the percentage of senior management/executive salary that is based on performance-related pay. It indicates the extent to which the organization links compensation to individual performance. |
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Calculation | [(Performance-related pay / Total senior management/executive salary) * 100] |
Unit of Measurement | percent |
Function | Reward and retain employees – HR |
Method of Estimation | To calculate this percentage, divide the total performance-related pay by the total salary of senior management/executive personnel and multiply by 100. |
Timeframe | Reported annually |
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