What is last competency rating in SAP LOD-SF-PM - Performance Management?

SAP Term: last competency rating

• Component: LOD-SF-PM

• Component Name: Performance Management

• Description: The most recent rating that employees have received for a competency.

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• Key Concepts: 
  The Last Competency Rating is a feature in SAP Performance Management that allows managers to rate their employees on a set of competencies. This rating is used to evaluate the employee's performance and provide feedback on their development. The rating is based on a scale of 1-5, with 1 being the lowest and 5 being the highest. 
  
  How to use it: 
  The Last Competency Rating can be used by managers to assess their employees' performance and provide feedback on their development. The manager can assign a rating to each competency, based on the employee's performance. The ratings are then used to evaluate the employee's overall performance and provide feedback on areas for improvement. 
  
  Tips & Tricks: 
  When assigning ratings, it is important to be consistent and fair. Ratings should be based on the employee's actual performance, not personal opinion or bias. It is also important to provide clear feedback and guidance to help the employee understand their performance and areas for improvement. 
  
  Related Information: 
  The Last Competency Rating is part of SAP Performance Management, which is a suite of tools designed to help managers assess and manage employee performance. Other features include goal setting, feedback management, and 360-degree reviews.