To understand what a Performance Management System does, it is important that we understand what performance management is. Performance Management is one of the top functions of HR. This includes goal setting, continuous progress review, feedback, coaching, employee overall development & rewards and recognitions (R&R). So what is a Performance Management System you ask? Well, Performance Management Software is that system that helps you achieve everything from continuous progress review to feedback and coaching by tracking the performance of individual employees, teams and organization overall.
Set individual goals that align with manager goals and company strategy
Manage progress towards goals on the go, from any mobile device or tablet
Align your workforce and reward top performers
Foster a culture of continuous coaching and feedback to elevate performance
Recognize everyday excellence through social impressions, leaderboards, and badges
Smartphone and tablet access allows for employee engagement regardless of physical location
Machine learning suggests personal recommendations on classes, mentors and relevant content
Create performance-driven development plans for individuals or teams
Real-time collaboration tools aid team management and communication
Configure performance reviews with calibration, writing assistance and compliance check
Gain a comprehensive understanding of talent with 360-degree and social feedback
Leverage talent and process reports and dashboards to identify areas of focus
Powerful reports, dashboards and metrics show performance highlights and gaps
Embedded communication and training tools engage virtual teams and remote employees
Leverage data to increase employee engagement and productivity
360-degree feedback process helps in gathering feedback from employee's subordinates, colleagues, and supervisor and at the same time assist with self-evaluation by the employee themselves.
Performance appraisal is a feature by which predefined KPI or ORK is documented and evaluated for an individual employee. This appraisal system gets a notification to complete regular reviews of employees.
Competencies support the provision of feedback on what an employee has accomplished and how the complete work was performed. It also helps in achieving consistent results ie KPI's predefined by the organization.
Paradiso Performance Management Software, Feature-rich, easy to use, with 100+ integrations, and superior support, turn your requirements into reality and makes your entire process more smooth and efficient than ever before.