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Home > SuccessFactors HR > SuccessFactors: Taking the Performance Review Process from Painful to Productive

SuccessFactors: Taking the Performance Review Process from Painful to Productive

White Paper Published By: SuccessFactors HR
SuccessFactors HR
Published:  Feb 15, 2011
Type:  White Paper
Length:  9 pages

Let’s face it – EVERYBODY hates performance reviews. For HR, it’s just the beginning of the annual paper chase. Executives don’t see value in typical reviews because they don’t tie back to the organization’s overall success. And, most employees see the whole process as busy work, without much real value.

There is good news though. Today’s forward-thinking small and mid-sized businesses are discovering automated performance review and goal management solutions not only take the pain out of the process, but actually drive better employee participation and improve performance.

Automating the review process gets valuable employee performance information “out of the drawer” and into circulation where it can be useful. Executives and HR personnel armed with ongoing, easy access to past performance data can clearly map out future milestones, expectations and compensation rewards for each employee. In doing so, they are creating a true pay-for-performance culture can dramatically improves productivity and drives overall business success. These comprehensive, easy-to-use solutions are now affordable to companies of all sizes, thanks to web-based, on-demand technology.

Tags : 
successfactors, company-wide goal alignment, workforce, talent management, training, review, performance