5 Employee Performance Management Tools Your HR Department Should Utilize

The goal of an HR department is to hire, train, and retain the best staff possible. Employee evaluations are one of the top ways to create more effective workers. Appraisals also help management target who deserves a raise or promotion. However, it’s not always easy to perform evaluations without the right tools. These employee management software applications are a must to streamline the HR department:

  1. Factorial

When it comes to picking Employee Management Software, Factorial is often a go-to choice for many HR managers. This software features an easy-to-use interface. In addition to having a comprehensive web-based platform, it also offers iOS and Android apps.

Factorial lets management monitor an employee’s performance through reports and feedback. The system is compatible with many office tools, such as calendars and email servers. It also lets employees manage paid time off and sends instant notifications to management whenever any requests are made.

  1. SAP

Companies looking to reduce attrition should consider utilizing SAP. The program is fully customizable, making it appropriate for businesses across all sectors. This software program lets managers tackle performance reviews through AI automation. It also makes it possible to compare performance over a set period. SAP gives managers the necessary tools to reward successful employees and retrain where needed.

  1. Traqq

More companies are letting employees work remotely than ever before. Employees enjoy the freedom, and companies save on overhead. However, managing virtual workers presents its own problems. Traqq is an excellent solution to help monitor remote employee performance.

Traqq lets managers track remote workers through screenshots and screen recordings without collecting private or sensitive information. It is a helpful tool for verifying billable hours and helps log the activity levels of employees. The dashboard provides visual performance stats that can help both employees and managers make better choices.

  1. Oracle

Oracle remains one of the most flexible employee management software options available. It’s appropriate for small businesses looking to scale quickly. Unlike other programs on the market, Oracle is known for its career development, continued learning, and succession features. Its conversational interface helps boost productivity and makes it easy to monitor performance. The software integrates with a variety of third-party apps, including social media, email servers, and calendars.

  1. Eloomi

Eloomi is a solid option for HR departments looking to streamline reviews and performance appraisals. The software provides users with digital to-do checklists. Eloomi also outperforms similar software when it comes to its learning features. The system relies on state-of-the-art gamification to help engage learners. It’s beneficial for employees of all levels, from interns to executives.

However, that doesn’t mean Eloomi isn’t without flaws. Unlike other employee performance products on the market, Eloomi isn’t compatible with third-party software. This means the HR department will have to rely on a separate program for accounting, project management, and communication.

Performance Management Tools: A Cost-Effective Solution

All of the performance management tools listed above offer features that will improve employee productivity. However, no option is a one-size-fits-all solution. Companies will need to weigh the pros and cons of each to determine which one is the best fit. Although there are initial and ongoing costs involved, implementing one or more of these tools will help save money in the long run. HR departments that rely on performance tools find it’s easier to monitor and retain the best talent.

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