Performance standard,

Definition of Performance standard:

1. Benchmark against which actual performance is measured.

How to use Performance standard in a sentence?

1. In order for the bank to meet internal goals related to obtaining new accounts a performance standard has been instituted to ensure the process flow is followed.
2. If a company wants to succeed, they must have a strict performance standard that is maintained through employee evaluations where discipline is taken for those who are inadequate.
3. Once the new management came in, quality control suffered and both employees and customers saw the performance standard dropped considerably.