Tutorvo

Rating Distribution vs the Target Curve

Lesson 1 of 815 minLab

This lesson is part of the course

In this lesson

You count the year-end ratings per manager with COUNTIFS, compare the company distribution with the target curve in percentage points and flag the manager whose top ratings run far above target: the starting point of every calibration meeting.

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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