Setting Up Weighted Goals
To set up weighted goals, use the Plan Goals (VC_PLAN_GOAL) and Plan Goals with Groups (VC_PLAN_GOAL_WG) components.
This section provides an overview of weighted goal setup, lists prerequisites, and lists the pages used to set up weighted goals at the plan, group, or individual level.
|
Page Name |
Definition Name |
Usage |
|---|---|---|
|
Organization Goals Page |
VC_ORG_GOAL |
Assign goals to the plan at the organization level and indicate their relative weighting. The sum of all organization goals must be 100 percent. |
|
Group Goals |
VC_GRP_GOAL |
Assign goals to the plan at the group level and indicate their relative weighting. The sum of all group goals must be 100 percent. The search dialog for the component lists only plans that use groups. |
|
Default Individual Goals |
VC_IND_GOAL |
For plans that do not use groups, assign default goals to the plan at the individual level and indicate their relative weighting. The sum of all individual goals must equal 100 percent. The system enters the goals that you set up on the Default Individual Goals setup page as the default goals on the Individual's Goals page, where you can modify them for individual workers. |
|
Default Individual Goals (with groups) |
VC_IND_GOAL_WG |
For plans that use groups, assign default individual goals to each group in the plan and indicate their relative weighting. The sum of all individual goals must equal 100 percent. The system enters the goals that you set up on the Default Individual Goals setup page as the default goals on the Individual w/in Group page, where you can modify them for individual workers. |
Set up goals only at levels for which the Plan Goal Weight is above 0% on the Plan Definition page. You can set up any number of goals at each level, as long as the total weighting percent at each level is 100%.
Example of One Goal at One Level
This table illustrates setting up one goal at one level:
|
Goal |
Weighting Percent |
Comments |
|---|---|---|
|
ROI (return on investment) |
100 percent |
ROI goal of 18 percent |
Example of Three Goals at One Level
This table illustrates setting up three goals at one level:
|
Goal |
Weighting Percent |
Comments |
|---|---|---|
|
ROI |
50 percent |
ROI goal of 18 percent |
|
EPS (Enrollment Planning Service) |
25 percent |
EPS of 2.35 USD |
|
TSR (Total Shareholder Return) |
25 percent |
11 percent of TSR |
Before you can set up the goal weights, you must:
Define goals.
See Defining Goals.
Set up the plan definition for weighted goals.
See Plan Definition Page.