Today, HR works towards facilitating and improving the performance of the employees by building a conducive work environment and providing maximum opportunities to the employees for participating in organizational planning and decision making process. Today, all the major activities of HR are driven towards development of high performance leaders and fostering employee motivation. So, it can be interpreted that the role of HR has evolved from merely an appraiser to a facilitator and an enabler.
Performance management is the current buzzword and is the need in the current times of cut throat competition and the organizational battle for leadership.
Performance management software that facilitate the attainment of individual and corporate goals. Performance Management software enable you to track and monitor the performance of individual employees, departments, and the organization overall.
Key Features
With KRA definition and Review module, it’s never been easier to transform your employee performance review cycle from a painful administrative burden to a collaborative, ongoing and strategic process. One that helps you build a high-performance culture where employees are aligned, inspired and focused on delivering exceptional results.
With Continuous Feedback module, your employees gain various insights on their work performance. Your staff members get detailed feedback from managers, as well as colleagues, providing a versatile but constructive look at his or her progress.
Our 360-degree feedback solution includes unlimited anonymous surveys allowing for numerous reviews on employee performance, automatic notifications that act as reminders for upcoming or past due surveys, a statistical dashboard offering real-time graphics, numbers and feedback on the company’s strengths and weaknesses, and full administrative control over any 360-degree survey, which includes selecting who can rate an employee and the duration of a survey duration.
A 360 degree feedback helps to understand how well an employee has fitted into the overall schema of an organization. PAcTrack performance management software allows you to create and design your own feedback template, choose your evaluators, initiate the process and assess the feedback received. Evaluators could include peers, upwards, downwards or external people including clients, vendors whose feedbacks are quite important to you.
Objectives and Key Results (OKR) is a popular technique for setting and communicating goals and results in organizations. Its main goal is to connect company, team and personal objectives to measurable results, making people move together in right direction.Big part of OKRs is making sure each individual knows, what’s expected of them at work. OKRs are kept public in front of everyone, so teams move in one direction and know what others are focusing on.
OKRs consist of a list of objectives. Under each objective then usually 3-4 key measurable results are listed. Each key result has a progress indicator or score of 0-100% or 0 to 1.0 that shows its achievement.
Moving performance appraisals online has never been easier or more advantageous. With a few clicks of a button, 1-1 meetings are scheduled and you can rest assured that reminder emails and the HR dashboard will keep you from ever missing another appraisal. You can attach review documentation, mark employee progress on objectives, and score employees to compare performance with the rest of your staff.
Key benefits of performance management software
- Align corporate, individual and team objectives
- Provide the basis for clarifying performance and behavior expectation
- Improve team and individual performance
- Enhance the motivation and commitment level within employees
- Enhance transparency, accountability and control
- Improve training and development program
- Systematic effort to tone up performance based on real time 360 degree feedback
- For diagnosing individual and organizational problems
- Improved working relationship with peers, superiors and other team members
Many more…