Set clear benchmarks
Get everyone on the same page by setting SMART goals and KRAs that are in line with your department objectives, and help your employees gain a clear perspective of what’s expected and how to achieve it.
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Appreciate achievements
Address your employees' strengths and areas of growth by encouraging real-time, constructive feedback from peers and managers.
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Customize performance appraisals
Run your appraisal cycles by creating custom appraisal templates based on your organization's needs. Include aspects like self-appraisal, multi-rater, normalization, and salary hikes.
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Conduct frequent reviews
Review and provide regular feedback by running monthly, quarterly, or half-yearly reviews along with employee self-appraisals and manager feedback.
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Analyze business performance
Identify ways to leverage your talent pool and plan your development initiatives with rich insights on every metric—completed goals, acquired skillsets, appraisal ratings, and more.
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More reasons to choose Zoho People's performance management software
Carry out detailed skill analyses
Map relevant skillsets and competencies to various domains, add custom weightages, and use the skill set matrix to identify the right resources for projects.
Determine performance and potential
Kickstart your workforce planning with the 9-box model to help determine your employees' standing by categorizing them based on performance and potential.
Streamline salary hikes
Create independent salary hike cycles or add them as part of your appraisal process. Customize hike rules based on rating, date of joining, work experience, and more.
Recognize and reward talent
Appreciate and reward good work regularly and boost employee morale by integrating Zoho People with Xoxoday and Vantage Circle.
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We wanted a system that was transparent, easy-to-use, and did the job well. We're glad to have found Zoho People. Our employees are comfortable using the tool, and it's easy to configure too. We've had a smooth performance management process since we deployed Zoho People.
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Ramita Sett Senior Manager of Human Resources, DLT Labs
Frequently Asked Questions
What is performance management?
Performance management is an ongoing process that incorporates planning, assessing, and reviewing employee performance in an organization. It ensures that employees stay aligned with the organizational goals and perform better in their respective roles.
What is a performance management system?
A performance management system (PMS) refers to the technology used to effectively plan, monitor, evaluate, and review the performance of employees in an organization.
A good performance management system helps employees achieve their organizational objectives and perform better by setting SMART goals, reviewing progress and providing constructive feedback, assessing performance consistently, recognizing and rewarding talent, and accurately gathering overall performance data to make informed decisions with comprehensive reports.
Why is PMS important for every organization?
Implementing a performance management system benefits organizations in several ways.
- A well-defined PMS clearly defines the goals and objectives for every employee. This clarity provides employees with direction on what is expected of them and how to achieve their goals, leading to increased productivity and efficiency.
- Incorporate a wide variety of performance metrics like KPIs, OKRs, 360-degree feedback, and self-assessments to efficiently evaluate every aspect of an individual's performance.
- Keep your employees engaged and motivated with objective evaluations and timely feedback.
- Get rich insights on employee performances with data-driven reports. Managers can use this information to identify employee strengths, track progress, and curate development plans.
What is the 9-box matrix?
The 9-box matrix, also referred to as a 9-box grid, is a talent management tool used to analyze employees' performance and potential. Using a 3x3 grid, the horizontal axis (X-axis) represents performance, and the vertical axis (Y-axis) represents potential.
Typically used for succession planning, managers use the 9-box matrix to identify the top performers deserving of promotions and employees who need additional support to perform well in their roles.
What are the key features of Zoho People's performance management solution?
The comprehensive performance management system in Zoho People provides a set of evaluation methods to effectively track, assess, and report employee performance. The key features of Zoho People's performance management system are:
- Primary evaluation methods: KRA, Goals, 360-degree feedback, Skill set, Competency, Summary
- Customizable appraisal cycles
- Continuous review
- Self-appraisal and multi-rater feedback
- 9-box matrix
- Performance reports