Awards Estimation Balanced Scorecard metrics template for Excel
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Awards, Benefits, Bonus and Honorary Balanced Scorecard Metrics Template

Awards measurement KPI - Balanced Scorecard metrics template example

The Balanced Scorecard (BSC) dashboard indicates performance within each perspective and the total performance of HR.

Click to see more screenshots below.

Awards are designed with a goal to award and encourage the employees for their performance and achievements in the company. KPIs in this regard help the companies by providing a performance assessment framework to make sure that right employees are awarded for their excellent work in the company.

KPIs in Award Scorecard framework can be categorized under 4 major perspectives- performance based, quality and attitude based, loyalty based and responsibility based.

Performance based perspective judges the employee on the basis of his/her operational performance. It comprises of KPIs like % increase in individual output, adherence to schedule, % task completed before time and overall effectiveness as a part of team.

Quality and attitude based perspective helps to assess an employee on the basis of quality of operations handled and attitude shown towards work and colleagues. It includes KPIs such as number of quality complaints, complaints reported by the colleagues, number of operational delay encountered and number of positive feedbacks.

Loyalty based perspective comprises of KPIs that help in judging the performance depending upon the loyalty in the operations and tasks handled by an employee. It consists of KPIs in the form of time of service, number of referrals provided, number of confidential matters handled effectively and % attendance.

Responsibility based perspective facilitates in evaluating the performance on the basis of KPIs such as team conflict management initiatives, number of failure analysis activities handled, number of inter-departmental operations handled and number of international operations handled.

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Notice from developers: the version of web-based KPI system is in development now.

There are more types of strategy map supported - including snowflake, vertical and horizontal trees
Awards measurement - Strategy Map

Cascading Strategy Map:
Awards measurement - Cascading Strategy Map

Cyclical Strategy Map:
Awards measurement - Cyclical Strategy Map

Check overview scorecard report sample.

Check html scorecard report sample.

Check metrics (diamond) report sample.

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Awards Metrics in Excel:
  • Download trial version of Awards Dashboard. Awards Estimation Balanced Scorecard is distributed as an Excel file. Before purchase you can download a trial version of the scorecard. Awards Estimation Balanced Scorecard Excel file contains a dashboard (see screenshots below), help information section, Balanced Scorecard details.
  • Purchase full version of Awards Dashboard. Immediately after your order will be processed you will have a link to download Balanced Scorecard (BSC) Excel file and file in Balanced Scorecard Designer format.
  • Use Awards scorecard online with BSC Designer Online system. This SaaS solutions provides world-wide access to scorecards with any web-browser.
  • It is necessary to start the design of KPIs with analysis of business problems, use Free SWOT Method Guide to perform this analysis. Check Balanced Scorecard Toolkit for scorecard designing instructions, download Key Risk Indicators (KRI) Toolkit for risk management.
More ideas on using Awards KPI:

Awards are a way to provide recognition to the ones who manage to distinguish themselves in the field they operate by creating something extraordinary. Apart from making the person realize that his/her attempts count, these acts promote more such efforts from others who work in the same area.

One gets acquainted with the culture of rewards very early at the school and university level itself, in the form of scholarships that are granted to the deserving ones, however a few of these that confer international appreciation are something that demands immense efforts on a constant basis for years.

Any agency that deals in such decisions should follow an impartial and real approach towards the subject so as not to taint the image of organizers. In this direction, awards scorecard comes to help in giving a statistical look to the whole process, thereby eliminating the subjectivity from the job.

The accolades go to those who are worth receiving it and the organization earns repute for its unbiased declarations. This is to say that by adopting metrics for putting down the progress, one can keep an account of how things have been proceeding and work for their improvements.

More useful information for HR reward:

Business Intelligence (BI) for HR - measure performance with Awards Scorecard for Excel

We have designed Awards Balanced Scorecard (BSC) in MS Excel, so now you can measure and control your performance using this popular business tool. Download trial version right now.

Alignment with Balanced Scorecard and KPIs is a great way to control the performance of HR.

In comparison to other business performance measure and control methods, alignment with KPI is much more easier to implement and use. Use Awards scorecard to align business performance.

Why do I need these metrics?

MS Excel files that we distribute are a spreadsheets packed with metrics information and the performance calculation formulas.

It's a real-business information. We invested in research that involved experts from Hr Estimation industry who elaborated and shared certain metrics. It's valuable, real-life experience which will help to improve the performance of your business.

  • I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.

  • To get a basic idea about what metrics to use. We learned a lot of business metrics and packed scorecard with the most successful.

  • To have a sample excel file, which is easy to modify to fit your needs. All Excel formulas are available for copy and change.

  • To start with measuring business performance. It's important to start with correct metrics, then you will be able to fulfill scorecard.

Awards Estimation Balanced Scorecard Screenshots

This is the actual scorecard with Awards Dashboard and performance indicators.

Metrics for HR reward. This is the actual scorecard with Awards Dashboard and performance indicators. The performance indicators include: performance based,% increase in individual output,adherence to schedule,% of tasks completed before time,overall effectiveness as a part of team,quality and attitude based,number of quality complaints.,complaints reported by colleagues,number of operational delays,number of positive feedbacks,loyalty based,time of service,number of referrals provided,number of confidential matters handled effectively,% attendance,responsibility based,team conflict management initiatives,number of failure analysis activities handled,number of inter-departmental operations handled,number of international operations handled.

These indicators can be converted from text into the visualized view with BSC Designer strategy map function. Right now you can download trial version of Awards Dashboard or purchase full version of this Balanced Scorecard. Also, it is possible to import this scorecard into web-based balanced scorecard (BSC) software - BSC Designer Online, so it will be accessible to you and your employees with any web-browser.

 
Some help information that explains how to interpret scorecard.
Some Balanced Scorecard help information that explains how to interpret scorecard. What scores and weights can be changed.

Download or purchase Awards Estimation Balanced Scorecard

Right now you can download a trial version of Awards Estimation Balanced Scorecard or purchase a full version online. Also, if you are interested you can subscribe to our e-course that helps a lot with Balanced Scorecard design.

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