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Define Key for Performance Efficiency Rate

In this menu option, you create performance efficiency rates.

You use the performance efficiency rate to define the relationship between the actual work done by an employee and the fictional, average work done.

You take efficiency rates into account in scheduling, capacity planning and costing.

You use the efficiency rate to correct values in the operation according to the work which you actually expect to be done.

You can use the efficiency rate key to

Example

If a group of employees has an efficiency rate of 150% then the system calculates that this group can perform a job, which an average group would require an hour (100%) to do, in 0.66 hours (150%).

Further Notes

The value of an efficiency rate is usually greater than 100%.

Activities

1. Define the efficiency rate key.
2. Define the temporal validity of the efficiency rate key.