Top 10 Employee Appraisal Software

Performance management of the employees is the most significant task that a business can have. Organizations should understand the performance of their employees and contribute to their development. It is at this point where the employee appraisal software comes in.

The technology helps managers to monitor the performance, provide feedback, and make future planning easier. This paper is going to discuss the most successful employee appraisal software solutions in the market today and assist you in selecting the suitable one to use in your company.

What is Employee Appraisal Software?

Employee appraisal software is a computerized application that assists a firm to assess and control the work of their employees. This software will not require paper documents and spreadsheets because all the reviews will be automated. It enables managers to have goals, track progress, receive feedback and hold performance reviews in a single location.

Such kind of software will streamline the appraisal process, making it more objective and open. The employees are able to see their objectives, determine their performance and receive frequent feedback. Managers are also in a position to monitor several employees with ease and make better decisions regarding promotions, training, and rewards.

Why Look for Employee Appraisal Software?

• Effort and Time savings are handled in performance reviews require hours to do effectively.
• Minimizes Human Mishaps, automated systems means few errors caused by the paper processes.
• Enhances the Engagement of Employee Feedback, also makes employees feel valued and motivated.
• Makes Data-Driven decisions software is an analytics tool used to determine patterns and trends in performance.
• All employees get equal opportunities with standardized evaluation criteria.

Benefits of Using Employee Appraisal Software

• Review Process Automation: Performance reviews become fast and easy to handle when they are automated.
• Improves Communication: Frequent feedback mechanisms will increase the relationship between the managers and employees in a better way.
• Tracks Goal Progress: Real-time monitoring tracks the progress of the employees based on the objectives.
• Identified Training Needs: Analytics can be used to determine the skills that have gaps and need to be developed and trained.
• Accelerates Productivity Crystal: goals and feedback encourage employees to work better.

Top 10 Employee Appraisal Software

1. Keka

Keka is an affordable Employee appraisal software that targets the Indian market. This platform is aimed at building an excellent user experience and performing complicated HR tasks. Keka is an integrated tool in managing performance that contains features of objective setting, feedback, and performance review in great detail. The interface is known to be clean and it is easy to navigate.

Keka is effective in managing appraisals of employees of businesses in any size. It would be compatible with other HR activities such as payroll and attendance. Keka also offers mobile apps to ensure that managers and employees can access the system at all places. The application has templates of reviews which are customizable and automatic prompts to make sure that appraisals are done on time.

Key Features

• Continuous feedback system
• Monitoring and management of objectives.
• 360-degree performance reviews

Pros

• Interestingly, the user-friendly interface.
• Good customer service delivery.
• Incorporates payroll systems.

Cons

• Lack of tailorization (customization).
• Increased cost of doing business to small companies.
• Learning curve for new users

Best For: Mid-sized companies

Pricing: ₹9,999 per month and above.

Website: https://www.keka.com 

2. factoHR

A multifunctional HR platform, factoHR has the Staff Appraisal Software integrated. Venerated by more than 3,500 organizations, the platform has assisted millions of employees to become more productive. factoHR is flexible and customizable, and this software can be used as an entire performance management tool with goal setting, ongoing feedback, and appraisal processes.

Firms have the option of coming up with their own appraisal forms and rating scale. Competency mapping and succession planning functions are also present on the platform to assist HR groups in making sound decisions with respect to factoHR. The software has found a lot of popularity with manufacturing and retailing firms. It also embraces various languages and it is efficient in businesses where there are varied workforces.

Key Features

• There are customisable appraisal templates.
• Mapping and tracking of competency.
• Intelligent analytics and reporting.

Pros

• Platform flooring is very customizable.
• Powerful analytics and intuitions.
• Good value for money

Cons

• The interface might be more current.
• Setup requires some time
• Poor connectivity with other solutions.

Best For: Large enterprises

Pricing: ₹4,999 to start per month.

Best For: Growing businesses

Pricing: Beginning with ₹49 per employee per month.

Website: https://www.factohr.com 

3. Qandle

Qandle is a flexible and powerful employee appraisal software that offers numerous features. This platform specializes in continuous feedback and scheduled appraisals. Qandle supports 360-degree feedback, allowing employees to receive input from peers, managers, and subordinates. The software includes goal management with OKR (Objectives and Key Results) support. Qandle also offers anonymous upward feedback, which helps employees share honest opinions about management.

The platform is designed to be highly intuitive, requiring minimal training for users. Companies can customize competency frameworks and rating scales according to their needs. Qandle provides real-time dashboards that show performance trends and patterns. The software also includes features for reward and recognition programs.

Key Features

• 360-degree feedback system included
• OKR and goal management
• Anonymous upward feedback option

Pros

• Very flexible configuration options
• Excellent user satisfaction ratings
• Comprehensive feedback features available

Cons

• May have too many features
• Pricing per employee adds up
• Mobile app needs improvements

Best For: Growing businesses

Pricing: Starting at ₹49 per employee per month

Website: https://www.qandle.com 

4. HROne

HROne is a performance assessment tool which is at an enterprise level and involves automation of the whole performance review process. The variety of this employee appraisal software significantly assists the organization to establish a culture of productivity in the organization with proper management of performances. HROne also comprises such extensive features as the goal setting, feedback management, performance ranking, and appraisal management.

The platform can support work forces that are large in size. HROne consists of calibration session features, which allow managers to debate and compare ratings amongst teams. The software offers sophisticated analytics in order to recognize high performers and people who require help. The succession planning tools are also part of HROne to plan future leadership requirements. The system is connected to other HROne applications including payroll, attendance and leaves.

Key Features

• Performance ranking and calibration.
• Succession planning tools entailed.
• Extensive reporting and analytics.

Pros

• Appropriate in big organizations.
• Good connection to HRMS.
• Comprehensive performance feedback given.

Cons

• Complicated with less experienced companies.
• Increased learning curve at the start.
• High pricing system applied.

Best For: Enterprises

Pricing: 4950/month and above.

Website: https://hrone.cloud/ 

5. Wallet HR

The Wallet HR is a specific employee appraisal software with the entire employee lifecycle. It is an end to end HR platform that provides services in recruitment to retirement. Wallet HR incorporates an entire performance management system that consists of goal setting, continuous feedback and periodic reviews. The software is also characterized by its devotion to customer success and support.

Here, firms are able to tailor appraisal phases to the needs of their institutions. Wallet HR helps in various appraisal practices such as rating scale, rankings and narrative reviews. The platform will also have the capability of identifying training requirements in performance gaps. The Wallet HR also offers mobile accessibility to managers and employees. The applications make elaborate reports that assist the HR departments in making strategic decisions regarding talent management.

Key Features

• Full employee lifecycle management.
• Several appraisal techniques were advocated.
• Identification of training needs feature.

Pros

• Single source of HR solution.
• Good defense given to the customers.
• Cover all employee journeys.

Cons

• Initial not transparent pricing.
• The appearance of the interface is somehow old.
• They may contain unneeded elements.

Best For: Corporations

Pricing: Pricing available on demand.

Website: https://www.wallethr.com 

6. SurveySparrow

SurveySparrow is a special employee appraisal software which follows a conversational approach. The software is an Employee Review that transforms the traditional surveys into conversation. SurveySparrow is ideal to those companies which would wish that the performance review process is less formal and more interactive. The platform has a chat-like interface which enhances response rates to a large extent. SurveySparrow has 360-degree feedback, pulse surveys, and engagement tracking capabilities.

Organisational performance reviews have different types of questions that can be custom made by companies. The software contains real-time analytics and visual reports which can be comprehended easily. In SurveySparrow, one can also add automation to conduct reviews and reminders that can happen at the set intervals. The platform is also connected with such popular tools as Slack, Teams, and other HRMS platforms.

Key Features

• Conversation interface design survey.
• Ability to carry out a 360-degree feedback.
• Analytics and reporting in real-time.

Pros

• Owners have a unique eye-catching user experience.
• High survey response rates
• Easy to create reviews

Cons

• Poor customary appraisal qualities.
• Best of all feedback over reviews.
• May not suit formal cultures

Best For: Startups

Pricing: Free trial, upon request pricing.

Website: https://www.surveysparrow.com 

7. CloveHR

CloveHR is a multi-faceted human resources solution that will have robust employee appraisal software capabilities. This is an all-in-one solution and will automate HR functions and workforce management. CloveHR encompasses the whole employee life cycle encompassing the onboarding to the retirement. The performance management module encompasses goal setting, ongoing feedback alongside well organized performance reviews.

CloveHR enables organizations to deem tailored appraisal procedures to implement them in relation to their working processes. The software has competency assessment and development planning aspects. CloveHR offers individual, team and organizational performance dashboards. Reward and recognition programs are also available on the platform. CloveHR is an application that is applicable in businesses of all sizes and sectors.

Key Features

• Full HR implementation platform.
• Tailor-made appraisal workflow development.
• Competency evaluation and management.

Pros

• Single-one for HR solution is on-board.
• Applicable in different industries.
• Full staff management functions.

Cons

• New entrant in market
• Few user reviews out there.
• Unclearly mentioned pricing.

Best For: SMBs

Pricing: Pricing available on demand.

Website: https://www.clovehr.com 

8. Lattice Goals

Lattice Goals is a dedicated employee management program that emphasizes on the attainment of goals through the appropriate management of groups. This solution is well developed with regard to OKR management and performance tracking. Lattice assists the companies in connecting individual objectives with organizational goals. The software comprises continuous feedback, one-on-one meeting and performance review features. Lattice is a company that emphasizes on development and growth of its employees.

The platform consists of career development systems and advancement discussions. Lattice also has surveys on engagement and pulse checks to check the satisfaction of employees. The software offers the analytical features assisting the leaders to make evidence-based judgments regarding their teams. Lattice has a strong integration with such popular tools as Slack, Teams, and other HRIS systems.

Key Features

• Well developed OKR management system.
• Constant feedback and check-ins.
• Career development framework entailed.

Pros

• Fantastic in goal alignment.
• High quality analytics and insights.
• Focus on employee growth

Cons

• Premium pricing scheme adopted.
• May be complex initially
• Most appropriate with technological firms.

Best For: Technology firms

Pricing: Pricing available on demand.

Website: https://www.lattice.com 

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9. 15Five

15 F five is a powerful employee appraisal software emphasizing on employee engagement and performance management. Used by more than 1,100 companies, the platform is used to assist an organization in their performance, feedback, and engagement systems. Call 15Five is based on the notion that 15 minutes are going to be allocated for employees to update how things are and five minutes for managers to revise it. In this HR Appraisal Software, weekly check-ins, one-on-one meetings, and yearly reviews are also available. 15Five places focus on the daily feedback in place of annual reviews.

Goal tracking, peer recognition and engagement surveys capabilities can be found on the platform as well as high fives which is a recognition feature that allows the employees to recognize each other. The software contains analytics to gauge trends of engagement and anticipate the possible problems in their early stages.

Key Features

• Check-in system every week available.
• Recognition and appreciation features concepts.
• Survey and engagement tracking.

Pros

• Emphasizes on constant feedback.
• Increases the level of employee engagement.
• Easy to use daily

Cons

• Less important annual reviews.
• Higher cost per user
• Inadequate form customization.

Best For: Modern companies

Pricing: Pricing available on demand.

Website: https://www.15five.com 

10. BambooHR

Another industry-winning HR system available in the market has an employee appraisal software feature BambooHR. This platform is mostly favored with small and medium sized businesses. BambooHR has a high level of configuration in the performance management system that renders the reviews efficient and easy. The software incorporates goal tracking, ongoing feedback and formal performance review features.

BambooHR enables organisations to design their unique review cycles and templates. In the platform, there are self-assessments, reviews, and options of peer feedback. The BambooHR has a light interface and has minimum training requirements. The software is featured with analytics and reports, which aid in detecting the trends of performances. BambooHR also has BambooHR module interactions in terms of applicant tracking, onboarding and employee records.

Key Features

• Customizable review system to an extreme degree.
• Several feedback types were assisted.
• Vanity-free partnership with BambooHR.

Pros

• Very user-friendly platform
• Particularly good in the case of SMBs.
• Customer support team that is award-winning.

Cons

• Best when using full suite
• Restricted capabilities of entry-level.
• When there are more users, the price goes up.

Best For: Small businesses

Pricing: Pricing available on demand.

Website: https://www.bamboohr.com 

How to Choose the Right Employee Appraisal Software

• Consider Your Company Size Different platforms can be used in small groups or big organizations.
• Checking Capabilities See to it that the software links to your current HR systems.
• Assess Customization Selections Find platforms that are compatible with your special appraisal programs.
• Review Pricing Structure Weigh-up user per costs versus flat monthly cost.
• Test User Experience Request to spend time testing to make sure the employees are going to feel easy.

Future of Employee Appraisal Software

• AI built in Artificial Intelligence will offer more intelligent information regarding the employee performance trends.
• Real-Time Feedback Systems will have used continuous feedback in place of the traditional annual performance reviews.
• Appraisals will be made available everywhere that employees are working remotely using Mobile-First Platforms Apps.
• The Predictive Analytics Software will predict success of the employees and find the risks at early stages.
• Independent Future platforms Enhanced Employee Experience will give more attention to growth and development.

Conclusion

Selecting an appropriate employee appraisal software is very important in the success of your organization. These services allow you to control performance-wise, have more interaction with employees, and make smarter decisions about your employees. The ten alternatives that we have talked about have varying features and advantages. There are those which suit small businesses but others suit big companies. Choosing employee appraisal software, one should pay attention to the size of the company, budget, and particular requirements.

Search platforms that provide the appropriate level of features, user-friendliness, and customer service. Do not forget that the optimal employee appraisal software is that which will be in fact used on a regular basis by your managers and employees. Use free trials and demos to evaluate various choices to finalize your choice. By having the appropriate Performance Assessment Tools, you are able to create a culture of constant improvement and make your employees reach their potential.

Frequently Asked Questions

1. What is the main purpose of employee appraisal software?

Employee appraisal software is used to manage and review the performance of workers in an orderly manner. It automates, monitors objectives, has feedback avenues, and makes reports.

2. How much does employee appraisal software typically cost?

The software programs to appraise the employees cost differently depending on the features and the size of the company. Solitary plans begin at around [?]49 per employee per month but enterprise solutions may cost up to [?]10,000 or above each month.

3. Can small businesses benefit from employee appraisal software?

Well, the employee appraisal software can be of great benefit to small businesses. These tools contribute to the preservation of the uniform levels of performance, effectiveness in communication, and employee growth with the limited staff.

4. How is employee appraisal software different from HRMS?

Although, HRMS (Human Resource Management System) is a universal HR system (that has facets such as payroll, attendance, recruitment etc.), employee appraisal software is a specialized performance management software.

5. What features should I look for in employee appraisal software?

The main characteristics are setting and monitoring goals, the availability of continuous feedback, the possibility of the creation of review templates, the use of 360-degree feedback, analytics and reporting, mobile, and the integration with already existing systems.

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