Greetings of the day!
I am looking for explanations on the Bell curve. Can you help me by sharing some information explaining the background, concept, application, illustration, achievements, and advantages of the Bell curve?
Thank you in anticipation.
From India, New Delhi
Acknowledge(0)
Amend(0)
I am looking for explanations on the Bell curve. Can you help me by sharing some information explaining the background, concept, application, illustration, achievements, and advantages of the Bell curve?
Thank you in anticipation.
From India, New Delhi
Acknowledge(0)Amend(0)
Bell Curve is typically used by companies to track and manage performance rewards so that the overall rewards are distributed based on the performance of an individual. For a bell curve to work, companies need to devise a proper rating system where employees are rated based on their performance. Once the ratings are plotted, the bell curve helps identify how many employees have been rated in various scales. The bell curve concept states that the majority of the employees should fall in the average zone, with a few outstanding and poor ratings.
Outstanding, average, and poorly rated employees are rewarded differently. Companies ensure that the number of people falling in the average zone is equal to or greater than the total number plotted on the outstanding and poor scales.
Another interesting way to evaluate employees is a nine-box grid.
There are many HR systems (I can remember Mentis HRMS as I have used it before) that can help you plot the bell curve automatically. If you use software like Mentis, this exercise becomes easier; otherwise, you can use Excel.
From India, Delhi
Acknowledge(0)Amend(0)
11Outstanding, average, and poorly rated employees are rewarded differently. Companies ensure that the number of people falling in the average zone is equal to or greater than the total number plotted on the outstanding and poor scales.
Another interesting way to evaluate employees is a nine-box grid.
There are many HR systems (I can remember Mentis HRMS as I have used it before) that can help you plot the bell curve automatically. If you use software like Mentis, this exercise becomes easier; otherwise, you can use Excel.
From India, Delhi
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Register and Log In.
Create bell curve in XL.doc
Bell Curve.xls