HelloTeam designed a 1 to 10 goal weighting scale, and is used to assign different levels of importance or priority to various goals or objectives that employees are expected to achieve. In HelloTeam's scale, each goal is assigned a numerical weight on a scale from 1 to 10, where a higher number indicates a higher level of importance or priority (keeping in mind that "10" being the highest priority).
Here's a general understanding of how the 1 to 10 goal weighting scale works:
Assigning Weights
Each goal or objective is assigned a weight on a scale from 1 to 10. The weights represent the relative significance of each goal in contributing to overall performance.
Scoring Goals
As employees work toward achieving their goals, their performance or level of achievement for each goal is assessed and scored. This score is typically measured on a separate scale, such as a percentage or another numerical scale.
Calculating Weighted Scores
The weighted score for each goal is calculated by multiplying the goal's achievement score by its assigned weight. This process is repeated for each goal.
Summing Weighted Scores
The sum of all the weighted scores is calculated to obtain the total weighted score. This total reflects the overall performance, with each goal contributing proportionally based on its assigned weight.
Interpreting Results
The final weighted score is then interpreted to determine the employee's overall performance. A higher total weighted score indicates a stronger overall performance, with more emphasis given to goals with higher weights.
Feedback and Discussion
Managers provide feedback to employees, discussing their achievements, areas for improvement, and the specific impact of achieving goals with higher weights.
The 1 to 10 goal weighting scale provides a flexible and granular way to differentiate the importance of goals in a performance review. It allows organizations to tailor the evaluation process to their specific priorities, ensuring that certain goals carry more weight in the overall assessment. This approach helps in making performance assessments more reflective of organizational objectives.
Goal Weighting in HelloTeam
When going to the Goals tab on the left hand side menu, the overall weight and score will be in the top right hand corner.