Why you need an online performance management system:

• It makes planning and setting objectives easier.
• It takes the administrative pain out of performance evaluations.
• It eliminates paperwork.
• It’s user friendly - you can keep it as simple as you like!

How do you use the online system?

• Direct report and manager set objectives, cascading the organization’s drivers (ODs).
• Determine the performance criteria for evaluating the objectives (qualitative or quantitative metrics).
• System flexibility allows changes to objectives and criteria until the desired set is accomplished.
• Each objective is weighted to enable weighted ratings when evaluating performance against objectives.
• Core competencies for the employee’s job family or functional group are evaluated.
• The overall performance rating may be used for merit increases to base salary and payouts under the incentive plan.
• The Professional Development Plan for the employee is then completed with specific action steps.

System Capabilities:

• The objective setting worksheet is directly linked to the performance evaluation summary.
• Core competency templates are available and can be customized to reflect your competency requirements.
• The rating scale is flexible (1 – 10, 1 – 5, etc.) and provides narrative explanations of your rating system.
• Conversion formulae are available to convert % to plan to the rating scale.
• The evaluation can be conducted semi-annually or quarterly with data stored for subsequent review.
• And you can keep it as simple as you like!

Important Features:

• Quantitative data can be consolidated to roll up to total performance for progressively higher levels of manager (e.g. from salesperson to regional manager to VP Sales).
• Financial or quantitative data can be uploaded to provide the data required to measure and evaluate performance.
• Multi-rater capability enables the manager to obtain additional input from other managers or co-workers for the performance evaluation.

Technical Support:
Our system partners are available to:

• Facilitate your installation and provide hands-on training;
• Customize the system to meet your needs;
• Provide secure hosting for the system.

Contact Performance-Solutions-Group, Inc.
For more information, please contact us (203) 987-3338; info@performance-solutions-group.com