|
Performance4results™
saves you $$$
Click
to see how P4R increases participation and saves you time
Johann Hanekom, CEO of a
500-person subsidiary of a South African telecommunications company, indicated
that labor costs required to recover all his company’s operating expenses and
burden are pegged at $85/hr. Using his estimate, the annual per-person cost of
performance appraisals at his company comes to $2,200. This amounts to a
company-wide cost of $1.1 million/year.
Using the example above how
does P4R save you $$$?
P4R takes an average of 4 hours per person to
complete (30-60 minutes for self
assessment, 30-60 minutes for manager assessment, 60-120 minute for consensus
conversation and development plan completion)
| |
Sample
Co |
P4R |
Savings
w/P4R |
| P4R
user fee per person |
|
$120.00 |
|
| Hour
time cost per person (4 x $85) |
|
$340.00 |
|
| Total
cost per person |
$2200.00 |
$460.00 |
$1740.00 |
| For
a sample 500 person company |
$1.1
million |
$230,000.00 |
$870,000.00* |
* Does not include potential
revenue gains due to increased productivity and focus on results
Click
here
for an overview presentation of Performance4results™
Back to Performance4results.com
|
Facilitation