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Zielvereinbarung

target agreement

noun TSEEL-fer-ine-bah-rung Rare
People & Society Work

Also means

performance objectives agreement

Usage Note

Zielvereinbarung is a formal written agreement between a manager and employee setting out measurable goals for a defined period, usually tied to performance bonuses. It is a cornerstone of Management by Objectives in German HR practice.

Examples

"In der Zielvereinbarung wurden drei messbare KPIs für das Quartal festgelegt."

Natural Translation

In the target agreement three measurable KPIs for the quarter were defined.

Literal Translation

In the target-agreement were three measurable KPIs for the quarter defined.

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