Propel Progress Forward
Employee performance is at the heart of talent management and manual tracking of performance appraisals in disconnected systems can result in errors and loss of data. Our Performance Management tools enable transparent, two-way communication with Performance Reviews and Journals, allowing you and your teams to have ongoing conversations that fuel their development and level up their careers.
Get your employees involved in their own development by defining and agreeing on performance objectives together. Set and manage employee ratings, goals, and appraisals in a single location, making it easy for employees to actively work toward them with full visibility.
Give your people the chance to actively participate in employee reviews with self-appraisal. Create and define success factors and unique scoring options, and determine employee potential and readiness for their next role with the 9-Box model for succession planning.
Facilitate goal-driven conversations using Journals, giving employees a record of their tasks, goals, and accomplishments. Request performance feedback at any time from anyone including peers, managers, and direct reports for real-time, true 350 degree feedback.
3 Ways Technology Can Help Engage and Grow Talent
Employees want opportunities to grow their careers and expect ongoing support. Paylocity Chief Marketing Officer, Alison Challman, shares her advice on how to actively develop and nurture top talent using tech.
Frequently Asked Questions
A performance management system is a type of employee review software used for setting goals and tracking employee performance. This provides insight into the overall functions of departments and employees, ensuring unity towards achieving organizational and professional goals. Performance management software helps your company, managers, and employees define actionable steps towards continuous career development and advancement.
Performance management is critical to providing growth and development opportunities that support both employees and business goals. When performance management is prioritized, it empowers transparent communication between a company and its workforce. This allows managers and HR staff to monitor employees' progress towards their career goals. Cloud-based employee review software makes it easy to stay on top of the performance for each employee by facilitating the conversations around employee growth.
Some key components of performance management systems and solutions are goal management, full-scale feedback (feedback collected from managers, peers, and self-evaluations), and performance reviews.
- Goals: Performance review software allows for goals to be set and defined in one location and shared with an employee’s manager.
- Feedback collection: Many platforms also offer feedback collection from a variety of sources like supervisors and peers. This includes self-assessment functionality, like Journals, that provide an outlet for ongoing conversations about goals, projects, and performance.
- Performance reviews: Performance review capabilities provide structure for defined performance assessment periods – including a customizable set-up and grading system that employees can be measured against based on the feedback and goal components.
Monitor key metrics, identify trends and make smarter, data-backed decisions with visual dashboards.
Get the most out of your workday with the freedom to connect to Paylocity anywhere, at any time.
Have the flexibility to choose the software and systems that are best for your business and talk to each other.