15 Best Employee Performance Management Software

Performance management software helps you optimize your review cycle. 

Evaluating employees’ work performance and keeping track of individual career progress is a continuous process. As your workforce grows, managing everything manually becomes time-consuming and highly challenging.

With a performance management tool, you can automate your review cycle. The software reduces administrative work and generates key insights to make strategic decisions. 

What Is Employee Performance Management Software And What Tools Are Best For You?

Performance management software is a productivity tool that automates your workflows to simplify cycle management. You can digitalize appraisals and set manual tasks on autopilot, such as collecting reviews and feedback.

The app also measures employees’ work efficiency and engagement level to help HR managers devise action plans accordingly. 

Top Features to Look for In Performance Management Software;

• 360° feedback.
• Performance review.
• Employee engagement.
• Company and individual goals.

Below, I have reviewed the 15 best software products that offer employee performance management functions. 

I have included exclusive review apps, experience platforms, talent management software products, and some core HR tools. 

1. Culture Amp

Culture Amp is the best platform for performance measurement. With its engagement and analytics tools, managers can recognize their employees’ sentiments and build targeted development plans.

You’ll get templates and surveys to help you get started. Using 360° feedback, you can cover all the angles and generate fair performance reviews.

One-on-one conversations, continuous feedback, and goal tracking are built into the system.

Skill development tools are also available for both managers and staff. You can create coaching exercises for team leads and career paths for employees.

Core Features

• OKR and goals.
• Performance reviews.
• Competency metrics.
• Continuous feedback and surveys.
• One-on-one conversations.
• Career development.
• Micro-courses for skill development.
• Shout-outs.
• Templates.
• Third-party integrations.

Price

Culture Amp shares prices on request.

2. Clear Company

If you want core HR functions with a performance module, Try Clear Company. It delivers recruitment and performance management tools to hire new talent and measure their work efficiency.

Top features of Clear Company are workforce planning, sourcing, employee engagement, and appraisals. You can purchase the entire suite or buy specific modules, like performance and engagement.

Via the performance module, you can generate diverse reviews to monitor your employees’ work at every stage. For instance, you can review new hires, do periodical check-ins, run 360° feedback, and create annual appraisals. 

If you work on specific targets, you can also assign goals and review team performance based on their progress. Clear Company provides pre-built reports to save time.

Core Features

• Workforce planning.
• ATS and onboarding.
• Employee engagement.
• Performance reviews.
• Check-ins.
• 9-box reporting.
• Analytics.
• Multi-device support.

Price

Clear Company shares prices on request.

3. PeopleForce

PeopleForce offers core HR tools with performance management as an add-on product. It’s a little more versatile than ClearCompany, covering time tracking and employee management.

You’ll receive both 180° and 360° review features with OKR management and one-on-one meetings in the performance product. You’ll get the flexibility to create custom review cycles.

If you want to track employee engagement with PeopleForce, you can buy the pulse survey add-on with the core product. You can set up the survey frequency and automate reminders to encourage participation.

Android and iOS apps are available with the desktop version.

Core Features

• Core HR, including recruitment.
• OKR.
• Performance review and scoring.
• One-on-one meetings.
• N-box matrix.
• Pulse survey.
• Mobile apps.
• Integration.

Price

PeopleForce charges up to $3 per user. You may have to pay extra for the performance management module.

4. Workleap

Workleap is an experience platform that sells a suite of employee management tools. You can use this app to engage and develop your company’s talent.

For performance management, Workleap offers a product called Office Vibe. It allows you to manage OKR & goals, conduct reviews, and arrange one-on-one meetings. You can design a custom review cycle for each department and automate the process.

You can get started for free to explore the software’s usability. You can also take a free trial to test performance management features.

Core Features

• OKR.
• Auto-surveys.
• One-on-one meetings.
• Performance reviews.
• Continuous performance cycle.
• Recognition.
• Learning center.
• Insights.
• Integrations.

Price

Workleap charges $5 to $8. Performance management is an add-on feature and costs $6 per user. 

5. Teamflect

Teamflect is for Microsoft Teams and Outlook users. The app lets you run performance appraisals and create employee development plans.

You’ll receive OKR software to manage goals inside your Outlook and present them in one-on-one meetings. You can collaborate with team leads and create shared notes.

A separate feedback feature is available for surveys. You can also request opinions from external resources.

For performance reviews, you’ll receive various templates and collaboration tools. Managers and peers can add their feedback, and you can incorporate goals and tasks to measure progress.

Career development is another core feature of Teamflect. You can integrate 9-Box grid talent analysis into your performance reviews and create career paths based on individual assessment.

Core Features

• 360° feedback.
• Meetings.
• OKR and goals.
• Performance appraisal.
• Career development plan.
• Engagement surveys.
• Recognition.
• Task management.
• e-signature.
• Microsoft and Outlook integration.

Price

You can use Teamflect for free. Its premium plan costs $7 per month.

6. BetterWorks

BetterWorks provides employee-oriented tools. You’ll receive engagement and analytics features to gather insights into your employee’s performance and make an unbiased evaluation.

Core capabilities of BetterWorks are Goal setting, one-on-one meetings, conversations, and feedback.

Calibration is included in the core module to create rating criteria for all employees. Through pulse surveys, you can collect opinions from both sides and make evaluations.

For HR and department managers, BetterWorks delivers smart analytics. 

Team leads can compare their department performance against the company’s average, and HR managers can make strategic decisions based on department performance.

All in all, it’s a good app for established companies.

Core Features

• OKR and goals.
• Fair performance review.
• Conversations.
• One-on-one meetings.
• Feedback.
• Employee engagement.
• Insights.
• Integrations.

Price

BetterWorks shares prices on request.

7. Lattice

Lattice is a comprehensive performance management platform. It helps you run various reviews and plan your employees’ growth strategies.

Some of the workflows you can create via Lattice include OKR and goal setting, performance and compensation reviews, pulse surveys, and career paths. 

You can set up benchmarks for comparison and monitor progress through the analytics dashboard.

Lattice also has several interesting development features. You can design job expectations and arrange manager-employee meetings for informal coaching. 

You can integrate Lattice with Outlook and Slack for communication. 

Core Features

• OKR and goals.
• Performance reviews.
• Compensation reviews.
• One-on-one meetings.
• Feedback surveys.
• Recognition.
• AI capabilities.
• Analytics.
• Career development planning.
• Third-party integrations.

Price

Lattice’s core modules are performance and OKR. Their price is $11 per user. Add-on modules cost $4.

8. Trakstar

Trakstar is a talent development platform with excellent performance management capabilities. You can build a 360° feedback system with this tool and set up performance reviews for the new hires.

The software provides workflow automation and supports third-party integrations. You can also connect to Slack or email to run pulse surveys and send notifications.

Other notable features of Trakstar are workforce analytics and development. You can compare your workforce performance against other companies to measure efficiency and create training courses to upgrade your employees’ skills.

Core Features

• Goal tracking.
• Performance reviews.
• Benchmarking.
• Engagement surveys.
• Workforce insights.
• LMS.
• Applicant tracking system.
• Integrations.

Price

Trakstar shares prices on request.

9.  Assessteam

Assessteam is ideal for companies that work on projects. With this tool, you can monitor the hours invested in the project and measure your team’s performance.

You can create specific job expectations and give targets to employees. With continuous feedback, you can receive input from your team and make necessary improvements to your work plan.

For performance appraisal, you can create a 360° feedback system. You can automate annual reviews and download the mobile app for easy accessibility. 

Assessteam has both Android and iOS apps.

Core Features

• Goal setting.
• Project portfolio management.
• Competency evaluation.
• Continuous feedback.
• Job expectations.
• Pre-built KPI.
• Reporting.
• Third-party integration.
• Mobile apps.

Price

Assessteam charges $3 to $5 per user. You can try it for free.

10. Small Improvements

Small Improvements helps you establish a feedback culture in your company. You can set up an ongoing review system for the staff and gather insights for performance appraisals. 

Your employees will have the space to set milestones, make self-assessments, and receive recognition. Managers can access their team’s opinions and offer their input for annual reviews.

You can run pulse surveys to get feedback from employees and allow them to request reviews from their peers. 

The software will connect each employee’s goals and reviews to their profile, allowing managers and employees to access all the information in one-on-one meetings.

Small Improvements can be integrated with Slack and Gmail.

Core Features

• Goal setting.
• Self-assessment.
• Performance review.
• 360° feedback.
• One-on-one meetings.
• Feedback requests.
• Pulse surveys.
• Recognition.
• Insights.
• Third-party integration.

Price

Small Improvements charges $5 to $7 per user. You can take a 30-day free trial.

11. PerformYard

PerformYard is an exclusive review tool. You can use it to collect data and manage appraisals.

Here, you can set up goals for employees and generate over a dozen types of reviews to cover all areas. You can create your own forms and invite anyone to your review cycle. PerformYard supports both internal and external users and allows multi-manager reviews.

Through automation and the dashboard view, you can schedule workflows and track activities.

Apart from performance reviews, you’ll get feedback and engagement modules. You can set up a continuous feedback system and connect it with Slack. 

Core Features

• Goal setting.
• Flexible performance reviews.
• One-on-one feedback.
• Check-ins.
• Automation and tracking.
• Engagement.
• Progress reporting.
• Analytics.
• Integration.

Price

PerformYard prices start at $5. You can book a demo.

12. Leapsome

Leapsome is a people enablement platform. It allows you to measure your employee’s performance and build skill development strategies.

The software has plenty of review and analytics tools.

For example. You can design a competency framework to set expectations and run 360° reviews to track your staff’s performance. You can gather data through multiple sources, including surveys, feedback, and meetings. 

If you feel some of your staff need training for growth, you can create learning paths and provide courses.

You can also create compensation workflows for promotions. You’ll receive templates to automate the process.

Core Features

• Goals and OKR.
• Performance review.
• Compensation review.
• Feedback and surveys.
• Meeting tool.
• Learning paths.
• Templates.
• AI capabilities.
• Multilingual.
• Integration.

Price

Leapsome shares prices on request. You can buy specific modules.

13. Engagedly

Engagedly helps you with performance management, employee engagement, and skill development processes. 

The software provides collaborative tools with analytics to create performance reviews and identify development opportunities.

You can set targets, monitor progress, give recognition, and offer mentoring. 

With Engagedly insights, you can track your employee work performance and make training and promotion decisions based on the results. 

You can also set up a continuous feedback process to get periodical insights. 

Engagedly provides mobile apps for easy check-ins.

Core Features

• Goals and OKR.
• Performance reviews.
• Skill assessment.
• 360° feedback.
• Learning and development.
• Recognition.
• Gamification.
• Analytics.
• Integration.
• Mobile app.

Price

Engagedly shares prices on request.

14. StaffCircle

StaffCircle is a highly-rated performance management platform. It provides AI-powered tools and essential engagement features to improve employee retention.

The software is mobile-friendly and comes with flexible pricing. You’ll receive templates to build a better review system. 

360° review, competency framework, and succession planning are some of its core features. For tracking and monitoring, you’ll get an analytics dashboard.

Core Features

• OKR and goals.
• Appraisals.
• AI competency framework.
• Real-time feedback.
• Employee development.
• Surveys and communication.
• Analytics.
• Mobile apps.

Price

StaffCircle shares prices on request.

15. Profit.co

Profit.co is an OKR software that covers performance management, employee engagement, and project portfolio management.

OKR and Performance management are its core products, while engagement is an add-on feature. 

You’ll receive review and survey functions for performance measurement. You can align individual objectives with company goals to track your staff performance. 

With reporting and the succession planning feature, you can identify potential leaders and build skill development plans.

Profi.co has Windows, Apple, and Android apps.

Core Features

• OKR.
• Performance reviews.
• 360° feedback.
• Employee development.
• Engagement.
• Reports.
• Integration.
• Mobile app.

Price

Profit.co shares prices on request. You can book a demo.

Conclusion

Performance management is a core HR function. Most available apps typically offer performance management with other functions, like recruiting.

If you’re, however, looking for an exclusive app, you can find excellent software products on the market. Workleap, PerformYard, and StaffCircle are some good options to consider. Good luck!