Introduction to Performance Management

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Introduction to Performance Management

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Performance Management in HRSimplified provides HR teams and managers with an integrated way to set goals, review employee performance, and manage feedback over time. This module helps ensure that employees align with company objectives while also tracking their personal development.

HRSimplified Performance analytics section showing the usage and accumulative scores of OKRs.

Key Features of Performance Management: #

  1. OKRs (Objectives and Key Results) and KPAs (Key Performance Areas)
    • Define company-wide objectives and assign them to departments, teams, or individuals.
    • Align employee performance with organizational goals by setting up measurable KPIs.
  2. Customizable Performance Review Templates
    • Create performance assessment templates with a combination of self-assessment, peer reviews, and manager reviews.
    • Assign templates to employees based on their job role or department.
  3. Continuous Feedback
    • Foster a feedback culture by allowing managers and employees to exchange ongoing feedback throughout the review period.
    • Easily track feedback over time, so performance reviews are based on ongoing observations rather than a one-off evaluation.
  4. Skills Development and Training Recommendations
    • As part of the review process, managers can identify skills gaps and recommend relevant training programs from your organization’s training catalog.
  5. Mentorship Tracking
    • Managers can assign mentors to employees based on specific areas of development.
    • Track the mentorship progress and keep notes on mentoring sessions.

How to Get Started with Performance Management: #

  1. Set Up Your Objectives (OKRs) and Key Areas (KPAs)
    Begin by setting up your company’s objectives and the areas that you want to focus on during reviews. This ensures alignment between performance reviews and the company’s goals.
    Read More: How to Set Up OKRs
  2. Create and Assign Performance Review Templates
    Customize your review process by creating templates that match the different roles and responsibilities in your company. Once created, you can assign these templates to employees for self-assessment and manager reviews.
    Read More: Creating Performance Review Templates
  3. Track and Complete Reviews
    Employees will receive notifications when it’s time for them to complete their self-assessments. Managers can also complete their reviews and provide feedback for final evaluation.
    Read More: Completing a Performance Review
  4. Recommend Training and Track Development
    Based on the performance review outcomes, managers can recommend training courses to help employees develop specific skills. HRSimplified tracks training progress and certificates, ensuring employees stay on track for development.
    Read More: How to Recommend and Track Training

Conclusion #

Performance Management in HRSimplified helps create a structured approach to employee development, with clear objectives, ongoing feedback, and actionable insights. Ready to get started? Dive into the platform to explore how these features can transform your performance management process.