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

SAP Term: overall rating

• Component: LOD-SF-PM

• Component Name: Performance Management

• Description: The final rating of record in a performance or 360-degree review form.

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• Key Concepts: 
  Overall rating is a feature of the SAP Performance Management (LOD-SF-PM) component. It is a numerical rating that is assigned to an employee based on their performance in a given period. This rating is used to measure the employee's performance and can be used to determine their eligibility for promotions, bonuses, and other rewards. 
  
  How to use it: 
  Overall rating is assigned by the manager or supervisor of the employee. The manager or supervisor will evaluate the employee's performance in a given period and assign them a numerical rating on a scale of 1-5, with 1 being the lowest and 5 being the highest. This rating will then be used to determine the employee's eligibility for promotions, bonuses, and other rewards. 
  
  Tips & Tricks: 
  When assigning an overall rating, it is important to be fair and consistent. Make sure that you are evaluating all employees on the same criteria and that you are not biased towards any particular employee. Additionally, make sure that you are taking into account all aspects of the employee's performance, including their attitude, work ethic, and results. 
  
  Related Information: 
  Overall rating is just one part of the SAP Performance Management (LOD-SF-PM) component. Other features include goal setting, feedback management, and competency management. Additionally, SAP provides resources such as tutorials and webinars to help managers and supervisors understand how to use this component effectively.