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As an HR professional, your job revolves around your organization and your workforce. A talented, engaged, and motivated workforce keeps the business running. Managing performance reviews digitally saves time, paper, and keeps your team engaged. We’ve compiled a list of top performance management systems you can consider for streamlining your efforts. From key features to overall reviews, you can compare and decide which software makes the most sense for your small business, which likely means you’ll want an all-in-one HR experience.
GoCo is the first choice with these aspects in mind, but check out our full list below:
GoCo is modern HR, benefits administration, payroll, and performance reviews built with flexibility and ease-of-use in mind. GoCo comes in first place if you’re looking to manage & track your performance review workflows in the same hub as all of your other HR features. With GoCo, you can not only distribute, manage, and organize all performance review-related documents, but you can easily report on it for future reference. Yes, this means all of that data that’s typically held hostage on paper or in a standalone performance management system is easily pulled for big-picture insights, right alongside your payroll, team member, and benefits reports.
GoCo’s Key Performance Review Features:
Lattice is a solid alternative if you are not wanting a consolidated HR hub, as a point-solution in the performance management sphere. Lattice is a cloud-based platform for performance, growth, and goal management. Known for helping People Leaders develop more engaged and higher-performing teams, Lattice’s product can be helpful for scaling with growing companies.
Lattice’s Key Performance Review Features:
Coming in with the bronze is 15Five. Similar to Lattice, 15Five is a good alternative for teams looking for isolated performance management features. The platform is human-centered to aid in employee development, and offers education and solutions around it. Aligned with latest positive psychology research, employees and managers can expect to find helpful tools for engagement and performance.
15Five’s Key Performance Review Features:
If you’re more focused on employee surveys, TINYPulse can be a good option for understanding your team and any gaps for improvement. The performance management and engagement software provides tools for HR pros to improve internal communication for stronger employee culture. The platform covers engagement, social recognition, and actionable feedback for all team members.
TINYPulse’s Key Performance Management Features:
Reflektive, which recently joined PeopleFluent, is a performance, productivity, and engagement tool meant to empower teams. The platform focuses more on people analytics than the other standalone performance management systems, with helpful insights available in pre-built dashboards.
Reflektive’s Key Performance Management Features:
With a heavier emphasis on employee engagement, Hirebook also offers productivity and performance management tools to help empower teams. The platform aims to push teams to focus on dialogue, objectives and outcomes through casual conversations.
Hirebook’s Key Performance Management Features:
PerformYard is another alternative for performance management that helps HR improve people management within organizations. Managers and employees can easily submit feedback and record achievements to see where they stand.
PerformYard’s Key Performance Management Features:
Leapsome creates a continuous cycle of performance management and learning to improve employee engagement within businesses. This platform has an edge in personal development and learning, whereas other standalone platforms tend to focus more on only performance reviews.
Leapsome’s Key Performance Management Features:
Quantum Workplace is a complete employee engagement and performance solution aimed to help drive employee and organization success. The platform helps leaders identify key insights between employee engagement and performance — they have an edge in the data department, with North America’s largest database of employee engagement data.
Quantum Workplace’s Key Performance Management Features:
Motivosity is another great option for performance management and recognition, with a goal of making people happier at work. The three core components of the platform are engagement, motivation, and recognition to drive a sense of community.
Motivosity’s Key Performance Management Features:
As a small business, your workforce is your most valuable asset — and having the proper performance management platform can make or break your business goals. Some common pitfalls we tend to see within SMBs are:
To make the ultimate decision on which platform fits your situation, make sure to keep these in mind:
Your monthly or yearly budget
The number of employees in your organization (Most platforms utilize a per-user pricing plan)
The implementation timeframe for new software
All of the services you are looking for (Performance management, benefits administration, document management, compliance support, etc.)
Types of integrations you would like
Add-ons to streamline your entire HR process
Keeping these items in mind will help guide your research process, and help you identify qualifying software options. HR software like GoCo provides a consolidated, easy-to-use HR platform with not only sophisticated performance management tools, but also unique solutions for digital onboarding, workflow management, payroll runs, and COBRA compliance tasks that likely fall on your plate too. For the ultimate automated HR experience, we recommend taking the all-in-one HR route and making GoCo a multi-purpose digital tool for your organization.
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