Volatility in the Relative Standard Deviation of Target Fulfilment as Key Performance Indicator (KPI)

TL;DR

This paper proposes using the volatility in the relative standard deviation of target fulfillment times as a KPI to predict employee performance and identify emerging work condition issues.

Contribution

It introduces RSD volatility as a novel KPI for employee performance assessment and profiling, expanding traditional metrics.

Findings

RSD volatility correlates with employee performance transitions

RSD volatility can predict emerging inadequate work conditions

Proposes RSD volatility as an additional assessment factor

Abstract

In this study, we identify the relative standard deviation volatility (RSD volatility) in the individual target time fulfilment of the complete set of comparables (e.g., all individuals in the same organisational structure) as a possible key performance indicator (KPI) for predicting employee job performance. KPIs are a well-established, measurable benchmark of an organisation's critical success metrics; thus, in this paper, we attempt to identify employees experiencing a transition in their RSD towards a higher per cent deviation, indicating emerging inadequate work conditions. We believe RSD volatility can be utilised as an additional assessment factor, particularly in profiling.