In recent years, the world of performance management has changed drastically, and an increasing number of organizations are straying from simply placing their employees on a number scale. Correspondingly, technology continues to evolve and make performance management more efficient and effective in motivating employees.
Looking to invest in HR technology that will improve your company’s performance management process? Check out some of the best below:
With Weekdone, organizations save time and are forced to think regularly about what the key things they should work on each day and week. The platform acknowledges that while we all have long to-do lists, not all of them should be at the top of the priority list.
Managers can easily receive weekly updates about the tasks that their team members are working on – Weekdone also launched an IOS app so managers can get their team updates on the go as well.
The platform costs $3-5 per employee per month, and those wanting to test out the system first – there is a 15 day free trial offered.
More geared towards a sales team, PerformYard has the dual offering of being both a Sales CRM and a unique talent management platform.
The platform helps companies achieve higher employee engagement by providing a medium where social feedback, status reporting, goal tracking, and performance reviews are all combined
Users can creak task lists, move tasks from ‘plans’ to ‘progress’ stages, and everyone on the team can see what’s getting accomplished – Even better, anyone on a team can assign tasks to one another.
PerformYard wants executives to be able to look at the platform and see how day to day work of employees is tied to corporate objectives.
This software is an all in one performance management tool with performance reviews and 360 degree feedback. The 360 feedback piece includes unlimited anonymous surveys that allow for reviews on employee performance, automatic notifications that serve as reminders for upcoming or past surveys, and a statistical dashboard that gives real-time graphics, numbers, and feedback on the company’s strength and weaknesses.
The platform also includes a ‘compensation dashboard’ where employees can look at how their work affects their compensation – and studies consistently show that performance skyrockets when people understand how this works.
There is a free, no obligation trial for companies who want to take the software for a spin.
Similar to ReviewSnap, Trakstar includes performance reviews and 360 degree feedback – but also provides goal setting functions, as well as succession planning.
Users can set goals (big or small) for departments, individuals, but even the company as a whole, and can track day to day contributions. Trakstar is also set up so employees can align their individual goals with the strategic goals of the company.
The succession planning feature helps companies stay ahead of the curve by showing insights into employee potential, and displaying which positions might be at risk, while also prepping current employees for growth.
Interested in a free resource that will help your team reach its goals? Check out one of our free HR tools below: