What makes you different from all the others?
- Simplicity. Simplicity of startup and administration. An uncluttered
user-friendly interface. Just the information that is needed. No more.
- User-oriented Design. This software was written for administrators
and users in partnerships with our custom software clients and tested
by their most (and least!) tech-savvy employees.
- Goal Align. This amazingly simple step makes every competency and
goal relevant to your company's strategic goals.
- Our 5-step Iimplementation Process: it carries you through creation
to communication to implementation.
- Our Focus. It's on your success. We've built our business by caring
about our clients.
What is Goal Align?
Goal Align is the breakthrough step that aligns performance with corporate
strategic goals.
Traditionally, performance appraisals and goal setting are done by managers
and employees who don't know their company's strategic goals. Goal Align provides
a drop-down menu of your company's strategic goals to associate with the competencies
your employees are reviewing and the goals they are setting.
If you choose to use Goal Align, your first step is to develop with your
senior management a set of high level corporate strategic goals. For example,
"Maintain a talented, committed, strategically staffed work force." or "Increase
our sales from current clients 20%".
The corporate goals can appear in a drop-down menu over every competency and goal in the
system. Users choose a corporate goal, then comment on a competency
or set a goal.
How much does it cost?
There is a one-time $2500 startup fee, and annual licenses for up to
$58 per user depending on your number of employees. You'll bank 12 hours
of technical support and receive an Administrator's tour to help you
get started. For more on pricing contact
us now!
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How do I get started?
Call us at 315-673-9668, or email
us! We can start your own free demo site which you can show to others
in your company. We'll set up a sample manager and employee, and then you
can set goals and do a performance appraisal! If you decide to use Performance.net,
your demo becomes your site. After payment, you can revise your choices at
any time, and you can add more people.
How can the right Performance Management System impact retention?
- Knowledge is power. You retain your best people by recognizing and rewarding
them. After your company's first Performance Appraisal, you will have a
Top Performers report that lists all employees who received top scores.
You'll also have a distribution report that shows how many people you have
at each performance level and a complete list of names and scores.
- After you know who your most valuable people are, you can develop a retention
plan. As well as financial incentives, this may include confidential interviews
with you and/or your CEO to talk about how they feel about the company,
their personal goals, and their future with the company.
- Personal/Professional development is another important retention factor.
A great strategic step for a top performer is a "strengths" review.
You can identify their strengths using their performance reviews. What makes
them so successful? Are there ways to make these talents even stronger and/or
to leverage these strengths for the benefit of clients and other employees?
How can the right Peformance Management System improve the
bottom line? (Return on Investment, ROI)
Some areas for which researchers provide calculations are:
- Time saved by managers doing performance appraisals online. Here's
an example.
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| Number of managers |
50 |
| Average hourly rate of managers |
$40 |
| Average number of employees they manage |
5 |
| Annual savings if they save 1 hour per
employee |
$10,000 |
| Annual savings if they save 1/2 hour
per employee |
$5,000 |
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- Pay for Performance (targeting raises and bonuses to top people,
saving $$ by not rewarding low performers): Annual compensation budget
X 3%
- Increased productivity (Focusing employees on achieving corporate
goals): Annual operating margin X 2.4%
- Savings through better retention: generalized costs of replacing
a lost worker:
- Non-exempt - 25%-50% of the sum of salary + benefits
- Exempt - 100% - 150% of the sum of salary + benefits
- Executive - 300% - 500% of the sum of salary + benefits
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How do I approach my senior managers about writing corporate
goals?
Bring along the screen shots of the Goal Align examples so that they can
see how they work. If you haven't had much contact at the strategic level
of the company, this is your opportunity to start those managers thinking
about the strategic impact that you and your HR department can have on performance
and the bottom line. You may want to talk with your manager about finding
a senior mentor who can sponsor this process.
We have a process that can take a group through the steps of identifying
the value that the company provides to customers, and other key factors and
measures that keep a company successful. It is provided free to you.
Finally, we have consultants who can work with you and your management on
this and all of the setup for performance management!