Executive Performance Review for Indonesia

Executive Performance Review Template for Indonesia

A comprehensive document used in Indonesian business context for evaluating executive performance against predetermined criteria and objectives, aligned with Indonesian labor laws, particularly Law No. 13 of 2003 and relevant ministerial regulations. The document serves as a formal record of executive performance assessment, including detailed evaluation metrics, achievement analysis, development areas, and recommendations for future growth. It incorporates both quantitative and qualitative performance indicators while ensuring compliance with Indonesian corporate governance requirements and local employment regulations.

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What is a Executive Performance Review?

The Executive Performance Review document is essential for organizations operating in Indonesia to maintain structured evaluation processes for their senior leadership. It is typically used annually or bi-annually to assess executive performance against strategic objectives and key performance indicators. The document must comply with Indonesian labor laws, particularly Law No. 13 of 2003 and relevant ministerial regulations regarding performance evaluation and compensation. It includes comprehensive evaluation criteria, measurement methodologies, and development planning components, serving as both a performance assessment tool and a legal record of executive evaluation. This document is crucial for making informed decisions about executive compensation, career progression, and organizational development while ensuring alignment with local regulatory requirements and corporate governance standards.

What sections should be included in a Executive Performance Review?

1. Parties: Identification of the company and the executive being reviewed

2. Background: Context of the performance review, including the review period and position details

3. Definitions: Key terms used in the review document including performance metrics, rating scales, and evaluation criteria

4. Review Period: Specific timeframe covered by the performance review

5. Performance Criteria: Detailed breakdown of the key performance indicators (KPIs) and evaluation metrics

6. Evaluation Methodology: Description of how performance is measured and scored

7. Performance Results: Actual assessment results against each criterion

8. Development Areas: Identified areas for improvement and growth

9. Recommendations: Specific actions or changes recommended based on the review

10. Acknowledgment: Signatures and acknowledgment section for both parties

What sections are optional to include in a Executive Performance Review?

1. Compensation Review: Include when the performance review is tied to compensation adjustments or bonuses

2. Career Development Plan: Include when the review incorporates long-term career planning elements

3. Grievance Procedure: Include when there's a need to outline the process for disputing review results

4. Performance Improvement Plan: Include when performance falls below expected standards

5. 360-Degree Feedback Summary: Include when the review incorporates feedback from multiple stakeholders

6. Previous Review Comparison: Include when comparing current performance against previous review periods

What schedules should be included in a Executive Performance Review?

1. Schedule A - Performance Metrics Detail: Detailed breakdown of all performance metrics and their weightings

2. Schedule B - Goals and Objectives: Specific goals and objectives set for the review period

3. Schedule C - Performance Rating Scale: Detailed explanation of the rating scale used in the evaluation

4. Appendix 1 - Supporting Documentation: Additional documents supporting the performance evaluation

5. Appendix 2 - Achievement Evidence: Documentary evidence of key achievements during the review period

6. Appendix 3 - Development Plan Template: Template for creating individual development plans based on review outcomes

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Banking and Financial Services

Manufacturing

Technology and Communications

Healthcare

Energy and Resources

Retail and Consumer Goods

Professional Services

Real Estate and Construction

Transportation and Logistics

Education

Hospitality and Tourism

Relevant Teams

Human Resources

Legal

Board of Directors

Executive Committee

Performance Management

Compensation and Benefits

Corporate Governance

Talent Development

Strategic Planning

Corporate Secretary Office

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Technology Officer

Managing Director

Executive Director

Vice President

Regional Director

Country Manager

General Manager

Division Head

Senior Executive

Board Member

Department Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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