What is the function of performance calibration in Workday HCM?

Performance calibration in Workday HCM is specifically designed to ensure consistent performance rating standards across teams. This function is crucial because it promotes fairness and equity in how employees are evaluated within an organization. By standardizing performance ratings, organizations can minimize bias that may arise from subjective assessments, enabling a more uniform understanding of what constitutes various performance levels.

Moreover, performance calibration sessions often involve managers discussing their employees’ performance ratings in a structured manner, allowing them to align expectations and interpretations of performance criteria. This process not only helps in maintaining consistency across different departments but also supports effective talent management strategies such as promotions, bonuses, and development opportunities based on a clear and equitable standard.

Promoting overall employee satisfaction, assessing employee pay grades, and gathering feedback from employees, while important aspects of employee management, are not the primary focus of performance calibration. Instead, they relate to different functions within the HR and performance management processes, making the second option the most directly relevant to the unique purpose of performance calibration in Workday HCM.