This document provides information about performance management at Vedantu. It discusses setting goals that are specific, measurable, achievable, relevant and time-bound. The performance management process involves goal setting, self-evaluation, manager evaluation, and performance discussions. Key dates for the process are provided. Resources like the PMS portal, documentation and HR contacts are also listed. Steps for using the Vibe tool for goal setting and self-review are outlined.
2. CONTENT
What is Performance Management
Philosophy
Significance
Performance Management Process
Goal Setting
Guidelines for Goal Setting
Rating Scale/Self Evaluation
Performance Coversation:3D Model
Key Dates
Resources
StepsFor Goal Setting and self review - VIBE
3. Performance
Management
Cycle
Plan
Act
Track
Review
Vedantu’s Goals &
Values
PERFORMANCE MANAGEMENT
“Performance management is the continuous process of improving performance by setting individual and team goals which are
aligned to the strategic goals of the organization, planning performance to achieve the goals, reviewing and assessing progress,
and developing the knowledge, skills, and abilities of people”.
4. PHILOSOPHY
“A systematic & unbiased process to Acknowledge,
Encourage & Nurture an employee’s performance in
Vedantu to synergize a high-performing culture”
5. SIGNIFICANCE
What gets measured gets done
Clarify expectations and standards.
Plan to enhance knowledge, skills, and
prepare them to take larger responsibilities.
Review & track progress.
Acknowledgement, Encouragement & Reward.
Assessment
Recognition
Monitoring
Development
Feedforward
Key-Benefits
6. PERFORMANCE MANAGEMENT PROCESS
Goal Setting
Self-
Evaluation
Manager’s
Evaluation
Performance
Discussion
Calibration,
Rating &
Development
Plan
14. QUANTITATIVE RATING
Exceeds All (EA) Exceeds Most (EM) Meets All (MA) Meets Some (MS)
Overachieved all the
targets
Overachieved most
targets
Achieved targets Missed targets
frequently
Proactive in approach Contributes to team
development
Takes initiative and
dedicated team player
Needs a lot of
supervision
Demonstrates Org
Values
Contributes to
Organisational goal
Inclined towards
learning & growth
Not a team player
Outstanding performer
& team player
High potential
employee
Active participation in
org development
Difficult to train or
coach
15. QUALITATIVE RATING
Exceeds All (EA)
(Contributes Strategically)
Exceeds Most (EM)
(Contributes through others)
Meets All (MA)
(Contributes Independently)
Meets Some (MS)
(Contributes Dependently)
Provides direction Have collaborative approach Takes responsibility for defined
projects
Willingly accepts supervision
Defines/drives critical
business opportunities and
needs
Manages required resources
Develops broad business
perspective,stimulates others
through ideas and knowledge
Relies less on supervision;
works independently and
produces significant results
Demonstrates success on a part
of a project /task
Develops high potential
individual to prepare them
for leadership roles
Involved as a manager, mentor,
or idea leader in developing
others
Continuously learn functional
skills and ability
Masters basic/ routine tasks
Represents the organization
on critical strategic issues
Builds a strong internal &
external network
Builds a strong internal
network of relationships
& builds credibility
Shows “directed” creativity and
initiative
21. STAY POSITIVE!
Take time to reflect
Analyse Patterns
Avoid Personal bias
It’s not you, it's your
performance
Take Action
22. KEY DATES
Milestones Date/Month
System Open 20 April 2022
Self-Evaluation 20 April - 30 April
Manager’s
Evaluation
02May -10 May
Performance
Discussion & Comm
Last week of May
23. RESOURCES
Help Address
PMS Portal https://vedantu.darwinbox.in/
Technical Queries related
to Vibe
Vibe@vedantu.com
Self-help document https://docs.google.com/document
/d/1CZIEvnl4Vs3NhaJDZTdJeAcX48d
S-
CTG87UIudsLCeU/edit?usp=sharing
HR SPOC Contact your respective HRBPs
L & D learning@vedantu.com
24. STEPS FOR GOAL SETTING AND SELF REVIEW - VIBE
Step 2
Please click on the Click here Tab, which is
present in the email , you will be directed to the
Performance Page on Vibe as shown the Image.
Step 1
Look out
for this
Email In
your Inbox
25. Step 3
You need to add goals (Min 1 & Max 5 Goals) and submit it for
Manager approval. You can add the Goal and Goal description by
clicking on Add Goals as shown in the Screenshot
STEPS FOR GOAL SETTING AND SELF REVIEW - VIBE
26. Step 5
Post submitting the Goals, in case there is any
changes to be made, you can Recall/Revoke All and
re-submit the goals..
Step 4
On adding all the Goals, click on “Submit”
Tab.
STEPS FOR GOAL SETTING AND SELF REVIEW - VIBE
27. Step 6
Post Approval of All the
Goals by the Manager , the
Workflow flows back to you
for submission of Rating
and comments. On the Vibe
Home Page, you need to
click on “Performance” Tile
to be directed to the shown
Image.
STEPS FOR GOAL SETTING AND SELF REVIEW - VIBE
28. Appraisee can rate themselves by Selecting the Rating from the Drop Down, update the comments against each Goal and can
also upload supporting documents, if any.
Step 8
On the Same Page, there are Vedantu Core Values, Training
Need where you need to update the ratings/comments or both.
Post submission of Rating and Comments, click on “Submit”
tab which is on Right Hand side Top of the Page. Once
Submitted, you will NOT be allowed to edit any ratings or
comments.
Step 7
As a next step you can rate themselves by Selecting the Rating
from the Drop Down, update the comments against each Goal
and can also upload supporting documents, if any.
STEPS FOR GOAL SETTING AND SELF REVIEW - VIBE
29. Appraisee can rate themselves by Selecting the Rating from the Drop Down, update the comments against each Goal and can
also upload supporting documents, if any.
Step 9
Look for this confirmation to know your self
review status.
STEPS FOR GOAL SETTING AND SELF REVIEW - VIBE
“Performance management is the continuous process of improving performance by setting individual and team goals which are aligned to the strategic goals of the organisation, planning performance to achieve the goals, reviewing and assessing progress, and developing the knowledge, skills, and abilities of people”.
Plan: Performance Goals
Act: Achieve Goals/work towards objectives & deliver tasks
Track: Track Prgress/Seek feedback/Develop yourself
Review:Review Achievements,Identify learnings,discuss career goals,Agree on actionables