10 Examples Of KPI For Employee Competency Evaluation

Assessing employee competencies is a crucial aspect of evaluating a business’s progress, as the success or failure of a business hinges on the contributions of its employees. Therefore, tangible data is essential to gauge whether employees are achieving established goals, objectives, and performing at their optimum level. Key Performance Indicators (KPIs) are indispensable for conducting thorough employee competency evaluations.

What is KPIs? - Employee Competency Evaluation

Key Performance Indicators (KPIs) are useful elements or metrics for employee competency evaluation to measure your business’s progress and employee’s impact towards set goals and objectives. These KPIs are markers to indicate employees’ productivity when carrying out Employee competency evaluations. 

Below are 10 of the best examples of KPIs for employee competency evaluation:

1. Revenue/Profit per employee: One of the most basic indicators of employee competency evaluation is to consider the quality of the workforce by each employee with what it costs to maintain the employee. Conducting employee competency evaluation with this is to compare what you gain on the employee and what you lose on them.
2. Utilization rate: This is an indicator that points out the strengths and weaknesses of employees. When conducting employee competency evaluations, you have to weigh the quality of work performance based on their strength. Through employee competency evaluation, you can tailor tasks that utilize employees’ strengths.
3. Average task completion rate: Almost similar to utilization rate, measure the time taken to complete tasks in line with the industry average during employee competency evaluation. Does the employee beat the standard or lag? Your findings determine if the employee is competent or not or how best to ensure they meet full potential.
4. Time management: Time management is an essential factor to be considered when conducting employee competency evaluations. How did the employees manage time during working hours? Does the productivity level match with the expected time frame? Are daily tasks completed within working hours or does it require overtime? All these are questions to be asked when using this indicator for an employee competency evaluation.
5. Creativity & Innovation: When conducting employee competency evaluation using this indicator, you need to examine the following: are the employees improving? Do they make efforts to reinvent themselves? Have they taken training to get better? How spontaneous are they when confronted with random clients situations? All these are to be measured during employee competency evaluation.

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