Example: Calculating Section Summary Ratings
This example shows how you calculate section summary ratings for goals.
The formula for calculating the section summary rating is:
(Sum of each (rate X associated weight)) / total weight
Example: You're using a 5 Point Rating Scale to evaluate goals that use goal rating
and weighting:
Goal | Rate | Weight = 100 | Weight = Unlimited |
|---|---|---|---|
1 | 4.0 | 25 | 50 |
2 | 4.0 | 25 | 25 |
3 | 3.0 | 50 | 50 |
The calculation when using weighting equals 100 is:
((4 X 0.25) + (4 X 0.25) + (3 X 0.5)) = 3.5
The calculation when using weighting equals unlimited is:
((4 X 0.5) + (4 X 0.25) + (3 X 0.5)) / (0.5 + 0.25 + 0.5) = 3.6
In these examples, if Goal 3 had a rating that was
set up on the rate table with the
Exclude From Calculations
check box, the calculation would be: (4 + 4) / 2 = 4
To determine the
Section Summary Rating
, Workday maps the 3.5
or 3.6 values to a 4 - Exceeds Expectations rating on the 5 Point Rating Scale:Rating Name | Rating Value | Begin Range | End Range |
|---|---|---|---|
1 - Does Not Meet Expectations | 1 | 0 | 1.49 |
2 - Needs Improvement | 2 | 1.5 | 2.49 |
3 - Meets Expectations | 3 | 2.5 | 3.49 |
4 - Exceeds Expectations | 4 | 3.5 | 4.49 |
5 - Company Maker | 5 | 4.5 | 5 |