Performance indicators are the elements which are measured when assessing the performance of an employee. They are the ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬Ãƒâ€¦Ã¢â‚¬Å“whatÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬Ãƒâ€šÃ‚Â of the Performance assessment process. They are the language in which the organization talks about the expectations from the employee.
Performance indicators refer to specifically defined parameters which can be used to assess the performance achievement or progress at any given point of time. For example, number of units sold is a performance indicator for a sales employee; the number of applications processed in a week could be an indicator for an operations employee. They are the values which are measured to tell whether the employee is doing good, average or badly. They are the specifics of the goal-setting and performance assessment process conducted by the HR department. They are the units of measuring the execution by the employee.