Performance Corridor definition

Performance Corridor means the acceptable range of results around a Performance Target;
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Performance Corridor meanstheacceptablerangeof resultsarounda Performance Target;
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Performance Corridor means the acceptable range of results around a
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Examples of Performance Corridor in a sentence

  • For example, if the Negotiated Target is 0.7, the Performance Corridor would have a lower limit of 0.63 (0.7 * 90%) and an upper limit of 0.77 (0.7 * 110%).

  • INDICATOR CLASSIFICATION Monitoring PERFORMANCE STANDARD Performance Target: OH-negotiated target Performance Corridor: The corridor applied to locally negotiated performance targets for this indicator is 20% of target.

  • The Performance Corridor is the upper control limit on the amount by which the Hospital’s readmission rate exceeds the expected rate.

  • INDICATOR CLASSIFICATION Monitoring PERFORMANCE STANDARD Performance Target: OH-negotiated target Performance Corridor: The corridor applied to locally negotiated performance targets for this indicator is +/- 20% of target.

  • If outside LHIN Target, a Performance Corridor of plus or minus 10% of the Negotiated Target would be applied.

  • INDICATOR CLASSIFICATION Developmental PERFORMANCE STANDARD Performance Target: Not applicable Performance Corridor: Not applicable NUMERATOR CALCULATION Use statistic S407* Days Waited for Service Initiation in a functional centre – the total number of days (24 hour period) waited by individuals who have received their first service in the functional centre during the current fiscal year as per the OHRS definition.

  • In this Schedule E, the following terms have the following meanings: Indicator means a measure of HSP performance for which a Target is set; Performance Corridor means the acceptable range of results around a Target; Performance Standard means the range of performance that results when a Performance Corridor is applied to a Target; and Target means the level of performance expected of the HSP in respect of an Indicator.


More Definitions of Performance Corridor

Performance Corridor meanstheacceptablerangeof resultsarounda Performance Target.
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Performance Corridor means the calculated range of results respecting a Performance Target for a Performance Indicator based on the technical variance of the data and other contextual factors.
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Related to Performance Corridor

  • Performance Objectives means the measurable performance objective or objectives established by the Committee pursuant to the Plan. Any Performance Objectives may relate to the performance of the Company or one or more of its Subsidiaries, divisions, departments, units, functions, partnerships, joint ventures or minority investments, product lines or products, or the performance of the individual Participant, and may include, without limitation, the Performance Objectives set forth in Section 14(b). The Performance Objectives may be made relative to the performance of a group of comparable companies, or published or special index that the Committee, in its sole discretion, deems appropriate, or the Company may select Performance Objectives as compared to various stock market indices. Performance Objectives may be stated as a combination of the listed factors.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): income or profit, including but not limited to basic, diluted, or adjusted earnings per share, earnings before interest, taxes, and/or other adjustments (in total or on a per share basis), basic or adjusted net income, gross margin, or similar income or profit measure; returns on equity, assets, capital, revenue or similar return measure; economic profit, economic value added, or similar measure of residual income; revenues or sales; working capital; cash usage; total stockholder return; and costs, product development, technology development, market share, research, securement of intellectual property rights, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.