How do I perform performance based bonus and salary increase calculations using AssessTEAM?

Evaluations in the software aid in monitoring the performance and growth of employees. It provides an accurate, measurable score showing performance increase or decrease. Thus, enabling you to make a decision about bonuses or modify remuneration. Often companies add a variable component to their remuneration directly linked to AssessTEAM scores.

It is often seen that companies use scores for bonuses, for example a consistently high performing employee will have an average score of 8-10 which could be linked to his bonuses, comparatively a low performing employee could have their scores in the lower digits.

 

Speak with our support team for assistance. Click here to schedule a call.

Related videos

Free Employee Review Templates – Over 3000 Key Performance Indicators (KPI) on AssessTEAM

AssessTEAM accounts include a database of more than 3000 KPIs, and each KPI has been designed to meet a specific business need. KPIs can be job objectives for a specific position, company core values,…

360 degree feedback software setting up, evaluating and analysing results with AssessTEAM

AssessTEAM is widely popular for its 360 degree feedback capabilities. The system supports feedback from managers, employees (as self-appraisal), peers, subordinates, and customers and generates intel…

A guided rollout is included with all our plans. Simply send us your job descriptions and we will set up your evaluations.
Expert HR advice is available to all customers free of charge.

Menu