On a hunt for past data for nominating the Employee of the year? No more wandering for files and excels! Get automated reports with the Performance Management System
What is a Performance Management System (PMS)?
Performance management system is a tool that helps the HR track the performance of an individual employee and streamlines performance management. It automates tracking the progress of an employee and provides the manager employee performance reports which would then help the higher level management track the performance.
Listed below are 6 major features of a Performance Appraisal System that you should look out for when getting a PMS.
Goal Definition
Employees can define their own goals and the time period they must be achieved in. This helps in aligning the employee’s vision with the company’s objective. Alongside that, goal definition also helps in recognising the employee’s contribution in the long term and appreciation of their efforts.
Self Appraisal
Self Appraisal helps to establish a stronger work relationship between the manager and the employee. It also provides a deeper insight and a clear picture of employees’ contribution, achievements and weaknesses in certain areas.
Score Card & Skill Evaluation
PMS enables you to access employee scorecards. This helps you in generating performance bell curves and also aids in report generation. You can also get auto generated graphical data and reports for analysis with PMS. Automated reports and graphical representation of the data helps you analyse your employees’ performance more efficiently while making the report generation quicker.
Historic Datasheet
Managers can also gain access to historic datasheets of employees for accurate comparison and growth analysis. Besides comparison, the manager can access these sheets for evaluating past performance. Not just managers but personnel can also access their growth graphs through Employee Self Service.
Valuation Calendar & Performance Improvement Planning
Watch as your employees grow throughout the year with the Valuation Calendar! Mark employee achievements and milestones as you achieve! What’s better than witnessing your company and employees grow?
Some employees lagging behind? No need to worry, nurture your under performing employees by planning their training schedule! Performance Improvement Planning allows you to track and help improve your underperforming employees!
Reports & Analytics
Extracting Reports and analytics is made easier with PMS on Spine HR Suite! You can get graphical representation of data, automated generation of reports, User Definable choice on visibility of approval. Alongside that, Spine HR Suite also has an automated report and letter writer to send feedback and letters to intimate personnel! It won’t be incorrect if one said that Spine HR Suite is revolutionising the report generation and analysis process!
How will PMS help me?
A question that we are sure is lingering in your mind. The simple answer to this is Yes. A Performance Management System is sure to help boost your organisation’s performance by providing you accurate growth reports and data related to your employees’ performance. Knowing the employees’ growth will not only help you recognise their strengths and weaknesses but also will help the managers and HR to maintain a healthy, friendly and growth oriented work environment!
Concluding the blog, let’s answer a very obvious question “Should I get a PMS for my organisation?”
Yes you definitely should consider getting a Performance Management System, not just so you could keep track of your employees’ performance and progress but to ensure a great growth oriented work environment as well. Spine HR Suite offers you a great modular Performance Appraisal System and 18 more extremely productivity increasing modules. Over the past two decades into the domain of HRMS has helped us develop a top notch Performance Management System!