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Performance
Management
Software
bolster a bridge between managers and their subordinates by enabling a more responsive feedback system.
Savvy HRMS - Modules
SAAVY HRMS is an integrated HR management software that automates and simplifies your key HR operations.
Setting Masters
Master Plans, Better Stands
- Assign weightage to Key Result Areas (KRAs). Define soft and hard skills using performance tracking tools.
- Define salary increment percentages.
- Staff performance analytics for cushy evaluation.
- Define and implement rating Software for performance evaluations and clear rating scales.
- Set periodic review cycles with employee feedback tools for an accurate result.
Goal Setting Software
Clear Goals, More Roles
- Define objectives and set goals that align with the workforce. The company’s growth, success & stability.
- Enable organizations to track development and progress.
- KRA’s made by management to focus on company goals. Using Key Performance Indicators (KPIs) software for structured process.
- KRA’s set by employees themselves depending upon their goals and qualities.
Defining Weightage for Each KRA/KPI
Fair Scores, Transparent Scores
- Clear and fair scores for each KRA/KPI to evaluate performance.
- Make performance appraisals formal, fair, and unbiased.
- Streamline approval with a multi-stage review process.
- Tailor approval flows to your organization’s structure.
- Identify training needs based on performance scores.
- Evaluate KRAs and competencies separately for a comprehensive assessment.
- Ensure fairness and consistency through a structured moderation process.
Real-Time Monitoring
Track in Time, Stay on Top
- Regularly watch the performance and progress of employees in real-time.
- Real-time performance monitoring enables continuous performance feedback
- Make immediate goal adjustments whenever required.
- Keep a close watch on successes and productivity.
- Helps in smooth workflow and timely intervention for employees.
180 or 360 Degree Feedback Software
Complete Insights, Fairer Highlights
- Get complete feedback from subordinates, peers, and managers.
- Use 180-degree feedback software for evaluating managers and employees.
- Use 360-degree feedback software for a complete-circle performance assessment.
- Use manager performance evaluation tools to have deeper insights.
- Get insights quickly and effectively for appraisals with employee engagement tools.
Goal Setting Software
Align & Shine: Enhance, Rank, & Refine
The Balance Scorecard (BSC) links employee performance with organizational objectives. While focusing on four key areas—Finance, Customer, Internal Processes, and Growth.
Bell curve helps in ranking employees as high, average, and low performers. Data-driven performance management & different features help in optimizing employee performance & company growth.
Benefits :
- Better communication between managers and executives.
- Helps in identifying top performers & training low performers with performance improvement software.
- Fair and unbiased work ratings.
- Building team and pushing employees to perform best with employee engagement tools.
Nine Box Grid
Map & Grow: Optimize Talent with Nine Box Grid
Nine Box Grid helps companies to assess employee performance and potential. Sorts employees into different levels based on their career growth and training needs. This also helps businesses to identify future leaders. By implementing a structured succession plan with the help of succession planning software.
Key Benefits :
- Identify high, average, and low performers through a performance review system.
- Career movement for high performers to more challenging roles.
- Training for employees who need improvement with employee development software.
- Fair and accurate performance ratings.
Well Linked with Increment Software
Fair & Square: Performance-Based Increment
- Salary increments based on performance rating.
- Automated performance management ensures accurate salary & performance reviews.
- Seamless integration with an appraisal process through performance appraisal software.
- Fair and motivating reward process using workforce performance software.
- Employee satisfaction and retention.
Graphical View of Performance
See & Succeed: Visualize Performance at a Glance
- Quick performance evaluation using performance evaluation software.
- Strengths and areas for improvement using staff performance analytics.
- Decision-making for managers.
- Performance management efficiency with the help of productivity management software.
Frequently Asked Question
What does the term performance management system mean?
A performance management system helps organizations monitor, assess, and improve employee performance. Through goal-setting, feedback, and structured review processes.
An effective performance management system improves productivity, how?
It allows management to monitor employee performance on a continuous basis. While tracking the performance of employees and taking performance improvement actions.
What are some essential features of good performance management software?
A good system ideally includes goal setting, KPI tracking, & 360-degree feedback. Performance evaluation software, and cloud-based HR management.
What distinguishes a performance management system from a performance appraisal?
An appraisal is a one-time assessment. Performance management systems help with continuous feedback. And provide additional tools for the enhancement of performance.
Can performance management software be used by small businesses?
Yes, small and medium-sized companies can use low-cost software to track employee performance. Goal settings, and productivity enhancements.
What are the major challenges organizations face during the implementation of PMS?
Common challenges include resistance to change, & untowardly focus on goal-setting. And subjective performance metrics toward employee assessment.
What is the best software for performance appraisal management?
Savvy HRMS is one of the standpoints, providing seamless employee performance tracking. Feedback tools, and management of workforce productivity.
What competitive advantages could AI-assisted PMS provide organizations?
AI management software helps in providing automated feedback, & real-time insights. And data-driven HR decisions, which improve employee efficiency.