Performance and appraisal software is used to analyze the performance of an organization’s employees on an ongoing basis, with a goal to help improve employee efficiency and workplace productivity. Conducting performance reviews helps HR managers identify and reward the top performers and provide feedback to other employees. Some products even allow you to set performance goals, track progress on the goals and automatically tie compensation to good performance. The key features of performance & appraisal software include the ability to conduct surveys on employee satisfaction and employee engagement, to collect and share 360 degree feedback, to align employee and organizational goals and to create and implement an effective pay-for-performance compensation strategy. Read full guide
