Post Updated: August 26, 2024
HR managers should ensure that they measure the performance of their employees so that they can quickly identify areas that require improvements and act on them accordingly. Employee performance management tools 2024 ensures that this objective is achieved. Employees will also be given feedback on their performance and praised in areas that they excel to boost their morale.
Proper measures should be taken into account when examining employee performance so that the organizational bottom line does not get affected in the process. To effectively manage this process, you first need to understand the benefits of the employee performance management tools. You can then choose the best software like the ones recommended in this guide, ensuring that it matches your organizational needs.
What is an Employee Performance Management Software?
Employee performance management software is a cloud-based tool that assists HR managers in evaluating employees’ performance to ensure that their objectives are aligned with organizational goals. This tool has features that help employee engagement, which in return helps them in career advancement.
List of Best Employee Performance Management Tools 2024
We’re determined to find and research the best employee performance management solutions to help human resource professionals become more organized and more effective in the second half of 2024. Online employee performance management tools offer a wide range of services, so it’s worthwhile to make a list of attributes that are most important to you in a performance management system. For example, if your team is primarily remote, you will want to seek out employee management performance software that offers unique features for remote workers. Likewise, if your team is global and speaking multiple languages, you’ll want to include that in your search. So we did the legwork for you and found our favorite 23 employee management systems for 2024.
PeopleBox
PeopleBox is a comprehensive Employee Performance Management Software designed to streamline and enhance the performance evaluation process. With its intuitive interface and robust features, it facilitates effective performance tracking and feedback management, fostering a culture of continuous improvement within organizations.
- Goal Setting and Tracking
- Performance Reviews and Feedback
- 360-Degree Feedback
- Employee Recognition and Rewards
- Learning and Development Plans
- Analytics and Reporting
- Integration with HR Systems
Deel
Deel’s Performance Management System offers customizable 360° feedback reviews, goal alignment, and advanced analytics to identify skills gaps and develop teams effectively.
- Customizable 360° performance reviews
- Goal management for individuals, teams, and the whole company
- Performance analytics with detailed insights
- Identification of skills gaps and relevant training courses
- Integration of performance reviews with payroll adjustments
- Advanced analytics like 9-box grid and heatmaps for skills gap analyses
Leapsome
Leapsome, a cutting-edge performance management software, is redefining the way organizations approach employee performance and development. With its comprehensive suite of features and intuitive interface, Leapsome empowers businesses to streamline and enhance their performance management processes, fostering a culture of continuous improvement and growth.
- 360-degree feedback
- Goal setting and tracking
- Performance reviews
- Ongoing feedback
- One-on-one meetings
- Peer recognition
- Succession planning
Clear Company
ClearCompany, a leading provider of talent management solutions, offers a cutting-edge Performance Management Software that empowers organizations to streamline and optimize their performance evaluation processes. With a user-friendly interface and robust features, ClearCompany’s Performance Management Software revolutionizes the way companies manage, assess, and enhance employee performance, fostering a culture of continuous improvement and growth.
- Goal setting and tracking
- 360-degree reviews
- Continuous feedback
- Development plans
- Performance appraisals
- Performance analytics
- Recognition and rewards
Eloomi
Eloomi is a comprehensive performance management and learning platform designed to enhance employee engagement and productivity. It combines performance appraisals, goal setting, and feedback with robust learning management tools to provide a seamless experience for employees and managers alike.
- Integration and accessibility
- Customer support
- Performance reviews
- Feedback modules
- Learning management
- Goal tracking
- Robust analytics
ChartHop
ChartHop is a cutting-edge performance management software designed to streamline and enhance the way organizations manage their workforce and optimize their performance. With its user-friendly interface and comprehensive feature set, ChartHop empowers HR professionals, managers, and leaders to make informed decisions, improve team collaboration, and foster a more productive and engaged workforce.
- Organizational chart visualization
- People analytics
- Planning and scenario modeling
- Goal setting and performance tracking
- Compensation management
- Succession planning
Trakstar
Trakstar is a leading performance management software solution designed to streamline and enhance the process of evaluating and improving employee performance within organizations. It offers a comprehensive suite of tools that enable businesses to effectively manage their workforce’s performance, set clear goals, provide continuous feedback, and drive professional development. Trakstar’s user-friendly interface and robust features make it a valuable asset for businesses of all sizes, helping them to align employee performance with organizational goals and achieve greater success.
- Goal setting and tracking
- Ongoing feedback
- Performance reviews
- Competency frameworks
- 360-degree feedback
- Performance calibration
- Analytics and reporting
PerformYard
PerformYard is a comprehensive performance management software designed to streamline and enhance the process of managing employee performance and development within organizations. With its user-friendly interface and robust features, PerformYard facilitates efficient communication, goal tracking, feedback exchange, and performance evaluation. Whether you’re a small business or a large enterprise, PerformYard offers a range of tools to support a holistic approach to employee performance optimization.
- Goal setting and tracking
- Continuous feedback
- Performance reviews
- 360-degree feedback
- Recognition and rewards
- Performance analytics
- Compliance and documentation
Peakon
Peakon automatically collects employee feedback, analyses it, and then delivers you back the insights you need to improve your business. In real-time. Instant, automated, interactive, and collaborative – Peakon Engage fixes all the old problems with engagement and more. Peakon is translated into 20+ languages, can deal with complex organizational structures, and can handle tens of thousands of employees.
Peakon is a cloud-based tool that also performs seamlessly on mobile devices. Whether your business is small or large, this tool is highly customizable to suit every organizational need. The user-friendly features that come with Peakon are what make it one of the most preferred tools for employee performance evaluation. More features about this tool include:
- Onboarding
- 360-degree performance evaluation feedback
- Customizable templates
- Employee management
- Mobile accessibility
- Peer appraisal
- Competency management
- Benchmarking
Zugata
Zugata is one of the only performance management software built for continuous employee development, fueling performance forward every day. A feature we love? Zugata equips employees with performance dashboards and personalized development resources to help them improve.
SMEs and startup companies can benefit from Zugata features. Its pricing is flexible, and depending on your budget, the tool delivers one of the best performance management services in the industry. You can also keep track of your performance management analysis anywhere you see fit as it is also mobile-device supported. Finally, Zugata brings the organizational workforce together through collaboration, making it easier for them to identify their weak points and work towards making themselves better assets for an organization.
Below are some of the features of Zugata.
- 360-degree feedback
- Goal management
- Employee collaboration
- Peer appraisal
- Employee alignment
- Customizable templates
- Feedback management
- Self-service portal
IMD
What’s unique about IMD? You experience immersive, interactive learning. You get personalized coaching at each step and constant opportunities to translate what you learn to your own business context. IMD offers a personalized and interactive experience that sets it apart from other employee performance management tools and techniques.
As an employer, you would wish that your executive staff lead by example. IMD offers extra learning through various sessions to make your senior staff improve their leadership skills. With this feature, it is easy for you to implement the employee performance strategy and succeed at it. Your organization will only have one goal – increase productivity. Like other performance management software, IMD has customizable features to suit any type of business. Other features of IMD include the following:
- Peer appraisal
- 360-degree feedback
- Employer branding
- Self-service portal
- Goal management
- Competency management
- Continuous employee performance tracking
- Feedback management
Appraisd
Appraisd is jam-packed with great features that make life easier for employees, managers, and Human Resources professionals. For example, Appraisd allows HR professionals to customize your objectives template to suit your organization’s way of working, cascade objectives down from line manager to a team member, and ask employees how they’re going to contribute to your organization’s overall goals. All your bases can be covered with an easy-to-use platform like this.
Appraisd is easy to use, which is a feature that attracts most organizations. Generally, its system is highly configurable and supports its clients with reliable experts to help them understand how to navigate through the tool. In addition, its pricing starts at $5 per month, depending on your organization’s needs. However, you are free to test it using its free trial version before taking a plunge. Here are more of Appraisd features
- 360-degree performance management feedback
- Peer appraisal
- Customizable templates
- Branding
- Onboarding
- Continuous performance tracking
- Self-assessment
- Employee development plans
Synergita
Synergita provides performance management, employee engagement and OKR solutions to organization that thrives to achieve high performance-driven growth.
Synergita seamlessly interlinks employee engagement, employee development, rewards & recognition, continuous check-ins, and micro and macro performance reviews and delivers a powerful performance management solution with actionable insightful reports.
Our solution is industry agnostic and can be configurable to adapt to the customers’ unique performance and engagement culture, and strategies. 350,000 users from 100+ companies across the globe including IT/ITES, Manufacturing, Pharma, Financial Services/FinTech, Retail and Non-Profit sectors trust Synergita for their employee performance management and engagement.
- Performance Management
- Employee Engagement
- Goals Management
- Employee Development
- 360 Degree Feedback
- Rewards & Recognition
- Culture Score
- Ecommunication
- Performance Reviews
- People & Performance Analytics
- Objectives and Key Results (OKR)
- Employee Engagement Survey
- 360 Degree Feedback Survey
- Continuous Performance
Winzard
Winzard is a talent and performance development company! It is an easy to use and interactive SaaS product that empowers leaders and employees with great features and actionable insights.
Winzard solutions for superior employee experience, improvement of organizational capability and high productivity include:
- Goal Achiever: This Interactive platform helps in goal assignment and work planning while nurturing employee creativity and ownership. The tools facilitate support from supervisors through the individual’s journey of achieving goals via regular check-ins to mentor and empower employees.
- People Assessment: This unique continuous assessment module is linked with goal achiever so as to facilitate regular rating of subgoals, work plans and competencies as well as eradicate the recency effect. The auto populated appraisal by Winzard saves significant employee time and effort as it captures the achievement against goals without filling long appraisal forms.
- Talent Review: This review helps leaders understand talent across various dimensions such as potential, performance, joh fitment, loyalty and development needs. Winzard provides recommendations that help in taking informed people decisions pertaining to career management, rewards, recognition, retention and succession.
Employee Experience: Winzard Workforce Engagement and Workforce Wellbeing modules help leadership understand blind spots in the organization. It also provides deep analytics and identifies the source of adverse wellbeing or engagement for planning action.
Mirro
Mirro is rated by top platforms such as G2 and Capterra as one of the easiest to use performance management tools out there. With Mirro, you can easily set and track OKRs, organize period check-ins and 1-on-1s, as well as give public praise to team members through kudos.
What’s more, to help users keep things centralized, Mirro also has a suite of Core HR features. Features such as leave & attendance management, documents and employee overviews. HR teams and VPs have access to detailed dashboards and charts for an easy overview over all of these.
Mirro’s main features are:
- OKRs
- Kudos (public praise)
- Company-wide social feed
- Employee database Permissions and role management
- Full range of dashboards
- Leave and attendance
- Onboarding assistance (free of charge)
Grove HR
Grove HR is yet another ideal cloud-based performance management tool for fast-growing startups. It allows teams to launch and customize review questions that can help them develop their members – individually and collectively. Fostering a growth culture is also possible with the help of this software, as it facilitates feedback sharing amongst every member including self, peer and manager assessments, regardless of their existing hierarchical structure.
The features don’t end there. With Grove HR, you can save time and prepare better for each review by scheduling ahead. The software features an automatic reminder system that notifies the right employees needed for each review process. To top it all, Grove HR features a performance review dashboard that provides insights into your performance review at a glance and enables mobile-first experience so everyone can complete their reviews anytime, anywhere.
Here are some other amazing features of Grove HR:
- Mobile accessibility
- Built-in review templates
- Polls & Pulse Surveys
- Employee engagement
- Onboarding
PeopleGoal
PeopleGoal has management tools that fit your company culture perfectly. PeopleGoal assists human resource professionals set goals, gather 360-degree feedback, conduct review performances, and much more. PeopleGoal also integrates seamlessly with Dropbox, LinkedIn, Slack, and more.
The tool is flexible, and the same features above can be accessed through mobile devices. It’s easy to keep track of your employee performance analysis while on the move. Clients that use this tool boasts of receiving one of the best services in performance management. Employees can also view their performance results and discover their excelling point, which helps in boosting their morale.
PeopleGoal is primarily recommended to companies looking to redefine their employee performance management processes. Thousand of companies use this tool and benefit from its impeccable features, including:
- KPI tracking
- Peer appraisal
- Negative feedback management
- Goal management
- Customizable dashboard and templates
- 360-degree performance feedback
- Ongoing performance management tracking
Actus
While being easy to use, Scoro is not a simple tool – it helps you manage not just your remote team but your entire company in one place. Moreover, Scoro’s reporting capabilities are incomparable to any other remote employee management solution on the market. So if your team is remote, Scoro is a wonderful management option for your HR team.
This performance management tool has received impeccable reviews about its services. This made it earn multiple awards and be listed in the Technology Fast 50. Undoubtedly, Scoro will help you streamline your work through its robust reporting, CRM, and billing tools. As a result, your business will be able to focus on its primary objective and run smoothly towards achieving it.
That being said, below are the features that make Scoro a considerable software.
- Reporting tools
- Workflow management
- 360-degree feedback
- Automated reminders
- Mobile support
- Customizable dashboard and template
- Self-service portal
- API tools
Scoro
While being easy to use, Scoro is not a simple tool – it helps you manage not just your remote team but your entire company in one place. Moreover, Scoro’s reporting capabilities are incomparable to any other remote employee management solution on the market. So if your team is remote, Scoro is a wonderful management option for your HR team.
This performance management tool has received impeccable reviews about its services. This made it earn multiple awards and be listed in the Technology Fast 50. Undoubtedly, Scoro will help you streamline your work through its robust reporting, CRM, and billing tools. As a result, your business will be able to focus on its primary objective and run smoothly towards achieving it.
That being said, below are the features that make Scoro a considerable software.
- Reporting tools
- Workflow management
- 360-degree feedback
- Automated reminders
- Mobile support
- Customizable dashboard and template
- Self-service portal
- API tools
I done this
I Done This is a beautifully simple and straightforward employee performance management tool. With I Done This, HR managers will get a high-level view of your whole team or organization’s progress over time. Teams and organizations that use I Done This are more productive and happier, and we attribute this to their no-nonsense approach.
Thousands of users benefit from this tool. It is flexible, and any individual can maneuver through its platform. I Done This comes with different pricing to suit your budget. Therefore, whether you are looking for a one-time employee management software or a continuous service, you can rely on I Done This. It assists corporate teams in transparent performance tracking.
Here are the features of I Done This.
- Collaboration tools
- Task management
- Time tracking
- 360-degree employee performance feedback
- Continuous reporting
- Performance analysis
- Self-service platform
Deputy
Deputy is one of the best employee performance management tools that will effectively help you manage your team. It is easy to use and allows you to schedule your program in minutes. In addition, Deputy can be used on mobile devices, which means that your activities can be managed anywhere, anytime.
The best part about Deputy is that it is easier for you to assign tasks to team members. You will also be monitoring your progress and be notified when done. Deputy helps you have the right people in the right place, at the right time– and is used by major organizations like NASA, Amazon, and McDonalds.
Some of the features of Deputy include:
- Customizable templates
- Workforce analytics
- 360-degree feedback
- Performance tracking
- Communication management
- Continuous performance analysis
- Peer appraisal
- Employer branding
Bitrix
The CRM in Bitrix24 provides a platform to organize and track interaction with potential or existing clients, partners, agents, and other contacts. Bitrix24 has over 30 tools that will help your business grow and enjoy the work in a team! One unique feature we love with BiTrix? Aside from being personalized, the Activity Stream is interactive. Comments can be directed from the main interface, the task and photograph viewer can be brought up without additional navigation, and items can be ‘liked.’
The collaborative features in this tool are impeccable, benefitting all company sizes. Communication with your team couldn’t be made more accessible to conduct employee performance evaluation effectively. Other than being cloud-based, BiTrix24 is also on-premise and can be installed to suit your needs. No wonder millions of global users trust this tool.
Ultimately, BiTrix24 features various elements, as shown below.
- Communication management
- Social media communication
- Continuous performance assessment
- Self-service portal
- All-round feedback
- Peer appraisal
- Employer branding
- Task ranking
TalTrak
TalTrak Revolutionise the way employees & managers connect. TalTrak encourages more relevant and timely conversations through continuous performance tracking. The best part? TalTrack runs on any device, requires no training, and is easy to install and use.
Small, medium-sized, and large enterprises can enjoy the customizable tools featured on Taltrack. Its continuous employee performance management solution has benefitted many organizations in various industries, including companies featured in the fortune 100. It is the best tool to manage your performance analysis, especially if you are budget-conscious.
Other than improving employee performance, TalTrack also features the following:
- Mobile support
- 360-degree feedback
- Peer appraisal
- Self-service portal
- Ongoing employee performance analysis
- Review cycle tracking
- Branding
How do I Choose a Performance Management Software?
As you embark on searching for the best performance management software, you need to be aware of the components of a suitable one. This software should include various modules that integrate perfectly together to achieve your organizational goals. Not only should an appropriate performance management software provide continuous feedback, but it should also feature excellent communication, learning, and development. Simply put, the tool should complement your organizational objectives.
That said, below are the significant factors to consider when choosing performance management software.
User-friendly
The best performance review software should make your performance evaluation seamless and easy. If you find yourself using cumbersome and time-consuming software, you should know that it is time to seek a different option. It is advisable to test performance management software. Most of them come with a free trial or free versions. Therefore, take advantage of this feature, test drive the tool, and decide if it will improvise the employee evaluation processes.
Flexibility
An employee performance management tool that is flexible and customizable is worth your consideration. You see, sometimes HR managers would want to have a different approach to performance management. With flexible and customizable software, you can twerk it to suit your needs, hence achieve your goal of employee evaluation.
Pricing
The best software for the performance management process should match your budget. Do not choose a tool that will end up frustrating your organizational bottom line. Most of these software have different pricing to suit the size and needs of your organization. Therefore, if you own a small business, do not go for a software with pricing best suited for a large enterprise.
Effectiveness
You need to ask yourself how effective a performance management tool is before diving right into its services. In addition to complementing your organization, the tool should give you satisfying customer service. There should be a team of experts to take you through any process that may require assistance, especially during transition. In addition, confirm the extent to which the service providers are willing to provide their support.
Employee Performance
Promoting the training and development of your employees should be of utmost importance if you want to reduce employee turnover. For this reason, make sure that the performance management software also provides this service to keep your workforce at par. It should do so by delivering extensive employee strengths so that they can be able to chart out their suitable career development path.
Benefits of Employee Performance Management Software
The development of HR performance management tools makes the process of engaging, encouraging, and retaining employees less challenging. It’s all about finding a tool that creates a balance between organizational needs and the services rendered today and in the future.
The performance management software has excellent benefits, from tracking employee performance throughout the calendar year to improving employee collaboration, leading to career development and higher productivity. Let’s take a look at this software’s benefits in detail.
Employee Recognition
By involving employees in the performance management process, they get to identify their areas of weakness and work on making themselves better. Thus, it is one way to develop their careers further. In addition, employees feel recognized and valued when involved in the performance evaluation process, thus boosting their morale.
All-round Feedback
Performance management software provides all-round feedback on workers within your organization. It is easy to identify your employees’ performance and competencies through honest reviews from their peers, customers, shareholders, and other individuals who are involved in the organization. This feedback helps HR managers to understand where employees fall short and act on it accordingly.
Team Collaboration
Having accurate and conclusive feedback on your employees’ performance encourages them to come together and work as a team. When your employees feel valued and appreciated, they will strive to improve their performance, and team collaboration is one way of achieving this objective quickly.
Robust Analytics
It is easy for HR managers to get many reports on employee performance with this software. You can then use the reporting analytics to develop a strategy that will bring the best performance skills out of your employees. Employee analytics also shares the performance trends of workers, which can help you develop initiatives and encourage performance.
Organizational Goal Management
One of the tricks to increased organizational productivity is effective goal management. With the performance management software, HR managers can identify employees’ strengths and manage organizational goals. As a result, it will be easier to allocate duties to suitable employees, leading to improved engagement and productivity.
We’ve covered the best performance review software for 2024 that ranges from the bare simplistic to more complicated employee performance management tools that manage tens of thousands of employees across multiple languages. By adopting new online HR performance management systems into your HR process, your team will be more organized and have a deeper understanding of your organization’s employees.