The EmployWise™ Performance Management module creates a flexible, transparent and employee and manager self service enabled employee performance appraisal system. It enables mapping of role KRAs and KPIs as well as role competencies to ensure goal alignment and cascading goals. As an automated, employee self service system, it improves performance through frequent reviews and feedback to the employee and gives time to managers to correct performance in time.
The EmployWise™ Performance Management module tightly couples with the EmployWise™ Learning and Development module to create a comprehensive employee capability development system.
Employee performance management through periodic employee appraisals is critical element of the overall talent development strategy of any organisation. After all people only treasure what you measure.
A good employee performance appraisal system needs to align individual goals with the overall organisation goals through a system of cascaded goal setting. Supporting these goals is a system of assessing and developing mapped role competencies. Also importantly, the success of any appraisal system lies in its objectivity and timeliness which requires both confidentiality as well as transparency.
Collating individual employee ratings for elimination of the several biases, normalization of ratings and eventually translating performance ratings into bonuses, variable pay, increments and promotions is be a daunting task that takes over the lives of the HR team. It is well established that frequent reviews and feedback improve performance but this benefit often has to be compromised due to the sheer effort involved in each review cycle.
Benefits to the Organization
Create, execute and analyze an automated, effortless and efficient performance appraisal process.
At-a-glance goal-setting to align individual goals to the organization's vision.
Benefits to HR
Flexibility to choose from KRA, competence or Balance Scorecard method based performance management systems.
Track deviations in performance at a macro level and plan course correction
Save HR time by executing a paperless appraisal process.
Benefits to Employees and Managers
Ensures confidentiality of the appraisal process
File appraisal forms and get review results online
Keep track of career growth for better planning
Get easy access to KRAs to keep performance on track