Performance Management Software

Performance Management

What is Performance Management Software?

Performance management software solutions aim to assist managerial staff in the evaluation of their employees’ performances in relation to organizational goals and established performance standards. Performance management software solutions also manage the progress – or development – of each employees’ performance. Performance management software solutions foster productive discussions between management and its staff by allowing for the facilitation of continuous feedback. While capable of being a standalone solution, performance management systems are often part of a greater HR management suite. Utilized by HR departments across industries, performance management software solutions are often implemented to improve employee productivity, goal development and management, and feedback management.

Common Features

  • Performance Reviews
  • Check-Ins/1-on-1s
  • Feedback Models
  • Goal Setting and Tracking (Goal Management)
  • Reporting and Analytics
  • Integration Capabilities
  • Dashboard
  • Development Planning
  • Employee Engagement
  • Employee Recognition
  • Compensation/Promotion Management
  • Company Objectives and Key Results
  • 360 Feedback Process
  • 9-Box Grid
  • Goal Setting & Monitoring

Write a Review to receive up to a $10 Gift Card*

*After you complete our short 5-6 minute survey, we will happily provide you with your choice of reward up to $10 based on available options for your region.

Write a Review

Top Performance Management Software 2024

BambooHR

BambooHR

Composite Score
8.0 /10
CX Score
8.3 /10

BambooHR is an online HR software that collects and organizes all the information you gather throughout the employee life cycle, and then helps you use it to achieve great things. Whether you are hiring, onboarding, preparing compensation, or building culture, BambooHR gives you the time and insights to focus on your most important asset—your people. BambooHR is a complete HR platform that brings all your employee, payroll, time, and benefit information together in one place, giving you the data accuracy, security, and coordination.

Pros

  • Reliable
  • Trustworthy
  • Caring
  • Client Friendly Policies

Products below are ineligible for awards due to insufficient recent reviews

Composite Score
8.5 /10
CX Score
8.5 /10

PerformYard is streamlined performance management software that reduces the burden on HR and creates a better experience for employees. PerformYard aligns corporate strategy, goal management, performance reviews, and on-boarding into an intuitive web-based platform.

Quantum Workplace Inc

Quantum Workplace Engagement

Composite Score
8.4 /10
CX Score
8.3 /10

Quantum Workplace provides an all-in-one employee engagement software that makes managers the central drivers of workplace culture. Quantum Workplace’s technology gives team leaders direct access to employee feedback and personalized real-time insights, so they can better serve their teams.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
AssessTEAM

AssessTEAM

Composite Score
8.2 /10
CX Score
8.5 /10

AssessTEAM is Cloud-Based Performance Management Software that accommodates all evaluation methodologies including IOS, Android Mobile Apps. AssessTEAM was built by entrepreneurs as a performance management software tool for easy employee evaluation, engagement, mentoring, and productivity reporting – all in a single suite.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Leapsome

Leapsome

Composite Score
7.7 /10
CX Score
8.1 /10

Leapsome is an all-in-one intelligent people enablement platform for Performance Management & Employee Engagement. Leapsome helps companies to enhance their people management processes and help them develop, empower and enable employees.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Cons

  • Leverages Incumbent Status
Helloteam Inc

HelloTeam

Composite Score
7.4 /10
CX Score
7.8 /10

HelloTeam employee retention platform combining performance management, employee engagement and workplace connectivity. The platform is a modern engagement and talent management platform focusing on the main driver of your company’s success – your people.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Mitratech Holdings Inc.

Trakstar Perform

Composite Score
7.4 /10
CX Score
7.7 /10

Trakstar Perform is modern employee performance management software of some of today’s top employers. Trakstar’s performance management system makes assessments, goal setting, and talent management more manageable with a suite of best-in-breed tools and solutions.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Cons

  • Wastes Time
Composite Score
7.4 /10
CX Score
7.8 /10

isolved People Cloud is a modern HCM platform that puts the employee’s HR experience front and center, and effortlessly adapts to future-proof organizations. You can seamlessly manage the entire employee lifecycle, from pre-hire to retire, in one place. From talent acquisition to workforce management to talent management, isolved solutions are delivered directly or through their HRO partner network to more than 6 million employees and 168,000 employers across all 50 states – who use them every day to increase productivity, accelerate decision-making and ensure performance, while reducing risk.

Composite Score
7.3 /10
CX Score
7.8 /10

Paylocity's extensive performance management software streamlines process to give leaders, supervisors, and employees the tools for growth and success — minus the paperwork and manual tasks. Paylocity Performance enables transparent, two-way communication with 360 feedback, Journals, and peer recognition to keep development top of mind throughout the year. Employees take ownership of their own career development and give managers the tools to support them.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Composite Score
6.8 /10
CX Score
7.9 /10

Paycom Performance Management offers complete employee assessments with performance review software for consistency, efficiency and less burden. Their HR performance management software houses all the documentation, resources and processes you need to offer a consistent system for evaluation.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing