What is goal relevant for evaluation in SAP LOD-HCM - Human Capital Management onDemand?

SAP Term: goal relevant for evaluation

• Component: LOD-HCM

• Component Name: Human Capital Management onDemand

• Description: A goal that is part of the formal agreement and evaluation process involving the employee and the manager. It is set either by the employee or the manager, and agreed between them.

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• Key Concepts: 
  Goal relevant for evaluation is a feature of the LOD-HCM Human Capital Management onDemand component of SAP. This feature allows users to set goals and objectives for their employees and then evaluate their performance against those goals. This helps to ensure that employees are meeting the expectations of their employers and that they are being held accountable for their performance. 
  
  How to use it: 
  To use the goal relevant for evaluation feature, users must first set goals and objectives for their employees. These goals should be specific, measurable, achievable, relevant, and time-bound (SMART). Once the goals have been set, users can then evaluate their employees’ performance against those goals. This can be done through regular performance reviews or by using other methods such as surveys or interviews. 
  
  Tips & Tricks: 
  When setting goals for employees, it is important to ensure that they are realistic and achievable. Setting unrealistic goals can lead to frustration and a lack of motivation among employees. Additionally, it is important to provide feedback to employees on their performance so that they know how they are doing and what areas need improvement. 
  
  Related Information: 
  The goal relevant for evaluation feature is part of the LOD-HCM Human Capital Management onDemand component of SAP. Other features of this component include employee onboarding, talent management, and workforce analytics. Additionally, there are other components of SAP that can help with employee performance management such as SuccessFactors Performance & Goals and SAP Jam Collaboration.