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KPI is a tool that helps to improve the performance indicators based on the criteria that are measured the performance of all required to achieve the goal.
Each business or project has its own indicators, criteria and standards that should be identified for the team so they know how their performance will be measures > These standards known as KPI or key performance indicators
I do agree with the answer given by Mr. Mohammad.
Main indicators are:
Employee efficiency+Low absent-ism+Low employee turnover+Lesser number of Disputes+Lesser number of disciplinary actions+Lower number of employee grievances+Minimum number of wage revision and salary issues+higher promotion possibilities for the employees lesser constraints+smooth flow of information/communication+effective feedback+Perfect job evaluation and performance appraisal system+time management improvement+Reduction in overtime+avoidance of lay off and retrenchments+Industrial performance above standard+Adherence to the labor laws+No labor issues persisting and under litigation+No claims outstanding in the case of deceased or retired employees or resigned employees+ Timely leave sanctions and no cancellation of leave already sanctioned unless under rare circumstances+employee welfare well managed+++++++