Performance evaluation


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Performance evaluation

The assessment of a manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, second, determining how the money manager achieved the calculated return (performance attribution analysis).

Performance Evaluation

A comparison of one money manager's performance to a group of comparable money managers. This is done periodically to maintain competitiveness and to judge a particular manager's performance. Performance evaluation judges managers based on the return he/she made for clients relative to his/her peers and on how the manager did so. Managers who do well during performance evaluations are rewarded with raises, promotions, and bonuses. Managers who do not do as well are passed over for these things and may be eventually fired. See also: Evaluation period, Manager universe (benchmark).
References in periodicals archive ?
The PIA's specific categories of "source selection information" do not include performance evaluations. (27) The catchall definition of source selection information covers material marked on a case-by-case basis as source selection information, but it also fails to embrace these evaluations.
Such allocations involve many of the same issues as transfer pricing, including domestic and foreign tax considerations, performance evaluation effects, legal implications and the possibility of local government scrutiny.
If you can stop approaching performance evaluations as passing negative judgments on people but as having a conversation to hear their concerns, learn what their goals are, and offer ways to help them achieve their potential, they can be useful, enjoyable experiences for both people.
The first was to describe the characteristics of performance evaluation and counselling practices within a large professional services firm.
Hypothesis 2: Managers in companies with well defined, regular performance evaluation schemes concentrate their daily activities on areas on which they are evaluated.
Your performance evaluation tools should be working documents used by every salesperson and their manager to keep a continuous feedback loop going and measure changes in results.
This is in addition to the regular annual performance evaluation being executed by the GCG,' it said.
The experience of our project shows that performance evaluation system helps improvement of activities of medical facilities than the earlier held appraisal of quality of health care services, which is built on evaluation of medical documentation only," Klara Oskombaeva, director of result-based financing of health care institutions project, said.
Filed by the ombudsman in 2014, the case stemmed from Alba's refusal to sign the performance evaluation and target reports of former municipal budget officer Alma Moises, depriving her of productivity incentive bonus amounting to P2,000.
This performance evaluation resulted in an overall rating by the FRB of New York of "Needs to Improve." Financial Institutions noted in the filing: "The FRB of New York's evaluation of the Bank's January 2011 through September 2013 CRA performance may subject the Bank to enhanced scrutiny in any application it files with the FRB of New York or the NY DFS with respect to, among other things, the establishment of new branches, the expansion or relocation of existing branches, or the acquisition by the Bank of another depository institution.
Performance evaluation of the board members and board committees had been completed according to the detailed guidelines regarding performance evaluation.
The new site is the latest in an ongoing effort to emphasize the importance of, and improve accessibility to, State guardrail data--including preliminary data from an In-Service Performance Evaluation pilot program.

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