A talented and skilled workforce is the quintessence of every organization. Organizations having the right performance management in place can align their employees, resources, and systems to meet strategic objectives. This, in turn, improves employee engagement and fosters a culture of organizational excellence. According to recent surveys, more than 70 percent of companies are revamping their HR performance management systems.
The new performance management tools in the market can help employees connect with an organization’s overall objectives, provide data for workforce analytics, and improve operational excellence. The simple and intuitive performance reporting solutions enable managers to monitor employees’ goals, accomplishments, and challenges under a single platform and gauge the employee’s performance in real time. A bevy of solutions facilitates transparent communication in the workplace, whereby managers can easily track the performance of employees in their teams. Cloud, big data, and AI among others are in the fray to ascertain an employee’s potential, set goals and initiate the right employee development, engagement, and retention to achieve the overall objective of the organization.
Today’s market is replete with numerous solution providers capable of creating and selling ingenious performance management solutions that will assist organizations in achieving their objectives. In the light of this, HR Tech Outlook narrowed down the providers that exhibit competence in delivering best-in-class performance management solutions. The list provides you with some of the most distinguished organizations that have in-depth expertise that assist companies in gaining comprehensive knowledge that will help in making better business choices.
We present to you HR Tech Outlook’s “Top 10 Performance Management Solution Providers - 2018.”