Tutorvo

Funding the Pool: Threshold, Target and Maximum

Lesson 4 of 817 minLab

This lesson is part of the course

In this lesson

You weight three company KPIs into one achievement figure, read the funding % off a threshold–target–maximum curve by linear interpolation, size the target pool from the salary bill and fund it for the year.

Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.

Lessons in this course

  1. Rating Distribution vs the Target CurveLab15 min Locked
  2. Calibration: Z-Scores Within Each ManagerLab17 min Locked
  3. Relative Ranking: Percent Ranks and Rating BandsLab16 min Locked
  4. Funding the Pool: Threshold, Target and MaximumLab17 min Locked
  5. Individual Payouts: Salary × Target × Company Factor × MultiplierLab16 min Locked
  6. Pro-Rating for Joiners, Leavers and Part-TimersLab17 min Locked
  7. Fitting Payouts to the Budget: Scale, Round, Fix the ResidualLab16 min Locked
  8. Payout Summary: Cost vs Pool by Department and Fairness by GradeLab18 min Locked