Accommodates any kind and combination of Performance Management Software Measures such as Goals, Objectives, Key Performance Indicators (KPIs), Competencies, and Values.
Configure Appraisal Plan
factoHR Performance Management Software Supports multi-rater assessments—giving everyone a say, including employees, managers, reviewers and project team member. Highly customizable appraisals forms with a user-friendly Form Builder tool.
factoHR Performance Management Software let you initiate the company wide or group of employee wise appraisal process. you can also configure auto initialization for automated appraisal initialization for each year instead of manually initialize the process each year.
Appraisee, Appraisals & Reviewers
factoHR’s employee performance appraisal system allows you to achieve 100% participation through a seamless, accurate, and secure appraisal process.
In built Instructions / Help
All employees (appraisee, appraisals and reviewers) can easily follow and fill up the appraisals by reading the instructions defined in each appraisal forms.
Captures additional achievement through out the year apart of targets, this shows employees additional performance which affects compensation over time and to evaluate the gaps with the current talent, development plans and to drive the strategic vision of the company.
Assessment of skill and performance incorporates an understanding of characteristics of skilled performers, objective and subjective performance measures, validity and reliability tests, and personal versus prescribed judging criteria.
Explore employees leadership qualities and further motivate, assure and inspire them as a true leaderis one who builds in his followers an even better leader than themselves. Rating can also be used to calculate the appraisal overall score.
Goals provides the focus and energy for organizations to achieve their vision and strategy. To achieve that individual employees can set their upcoming goals, targets and achievements.
Hence managers and supervisors gain the complete picture of an employee’s future goals and target planning by keeping employees engaged and aware of expectations.
Employee Development Plan
Elevates HR superb relationship with employees, increase productivity and improve behavior by effectively collecting development and career plan needs.
Employees can also provide input on their training needs as part of appraisal process, which facilitate individuals development plans and training needs, track training recommended from their appraisal feedbacks and linking with training programs.
After looking back at their performance history, managers and reviewers can provide the recommendation for promotion or increments inside the employee appraisals. Which can be stored in isolation from employees access.
Appraisal’s final score is calculated based on feedback scores from all sources, a final score is calculated using the weighted average method of each individual feedback form.
The system is easy to configure for content, distribution, and interpretation of data. Goals assessments, development plans and performance data are stored in one repository, providing HR managers with comprehensive and timely data for employee appraisals.