Performance rules are set up in the menu item "Performance Rules" under "Company setup":
To create a new performance rule click the top right button "New Performance Rule":
You will then see this pop up that lets you create the rule:
First step is to add a rule name, subplan, and performance start/end date. You can also add a rule description (optional).
Next step is to create a benchmark with the peers you want to compare your company's share price to. Add a name for your benchmark and apply the mic and ISIN for your peers. You can use one or more peers - if you add more peers these will be weighted equally.
You can choose to custom the staring value for the benchmark if you are using a VWAP or an average. If no custom starting value is applied, last available share price before the performance period starts will be used.
The same option to set custom starting value is available for own share price.
Lastly, set up performance outcomes that will decide what targets gives what payoff.
For an outcome, the payoff is set in the "Performance =" and the targets to beat are added as a rule.