How are performance ratings established in Workday?

Performance ratings in Workday are established based on defined criteria that are linked to organizational policies. This approach ensures that evaluations are consistent, objective, and aligned with the company's goals and performance standards. By relying on predetermined criteria, performance ratings can more accurately reflect an employee's achievements and contributions as they are evaluated against specific, measurable outcomes.

The linkage to organizational policies ensures that each employee is assessed fairly and transparently, promoting a culture of accountability and high performance. Such a structured process also facilitates clearer communication regarding expectations and performance goals between managers and employees.

This methodology aligns performance management with overall strategic objectives, allowing for a more integrated approach to talent management within the organization.