Performance Management System
check_circle
Industry
Business Consulting
check_circle
Company strength:
100
Our client is a business management consultant. They are amongst the most promising workforce development companies. They were willing to implement a performance management system to automate the employee/candidate’s performance.
Requirement
Our client required a performance management system. They employed HRMS Software for payroll and leave management. The team wanted to implement a performance management system that would help them evaluate the candidates/employees based on their KPI score. The PMS had to be designed in such a way that it would evaluate employees on a KPIs basis assigned to them according to their designation. Based on this evaluation the employee's promotion and hike would be finalized.
Challenges in HRMS Software
- The team has been using HRMS software which lacked Employee Performance Management System.
- Their department had been using MS excel for Performance Management
- Evaluation required a lot of manual work which was traumatic.
- They were in dire need of cutting down the manual effort.
- Their chief's used to conduct in-person meetings with employees to assess their performance.
- To avoid biasing, they wanted to automate the employee's/candidate's performance management.
Solution
- Our product PMS (Performance Management System) has an exemplary performance system, based on a 9-box matrix model.
- For each designation; certain KPIs are allotted and based on that employee evaluation is carried out post which they are allocated to a particular block. (for e. g. Potential Gem, High Potential, Star)
- Unbiased Performance Stats were availed in the form of dashboards and graphs.
Benefits of Using Our Performance Management System
- Post-deployment of the PMS, the performance evaluation process was streamlined and the company’s HR department experienced a significant increase during the evaluation process.
- No manual errors were encountered.
- The evaluation was accurately done and PMS implementation benefitted the company in terms of cost and time.
