This ensures that issues get addressed early on and that both are on the same page. The software also facilitates ongoing communication between employees and their managers by providing question prompts and allowing them to take notes directly in the system. In that sense, performance management software is a key component of employee engagement, satisfaction and, ultimately, retention in the organization.
Conversely, it provides context to low-performing employees and can help managers figure out ways to better support these employees through training, reassignment or a performance improvement plan (PIP). Performance management software helps employees set and track professional goals, which influences managerial decisions about bonuses and promotions. It provides a platform where managers and their employees can: Performance management software helps managers evaluate how well an employee is performing their job.
