Performance Management Overview
Performance Management Demo Presentation
Performance Review Misconceptions
Webinar: Performance Management for the 21st Century – BambooHR Support
This webinar goes over thing you need to know about Performance Management. How to set it, to how often you should run it, to the theories behind the research that powers this product feature, performance management.
BambooHR Performance Management Overview
Feature Spotlight: Performance Management | BambooHR
Performance Management Pain Points
Time Consuming – Annual performance reviews can take hours and hours to complete.
Golden Question:
“How long do employees and managers spend working on performance management?”
Value Message:
BambooHR Performance Management gives organizations insight into employee performance without the lengthy process.
Capabilities:
Limited questions to reduce time commitment.
Frequency – Annual performance reviews don’t happen often enough to improve performance.
Golden Question:
“How frequently do managers do performance reviews?”
Value Message:
BambooHR Performance Management gives managers the ability to provide more accurate feedback since they happen more frequently.
Capabilities:
Adjust frequency of performance assessments to once per quarter or twice per year.
Purpose – Annual performance reviews are used to justify raises and don’t help improve performance
Golden Question:
“How does your performance management process improve performance?”
Value Message:
BambooHR Performance Management reduces the time it takes to go through the performance management process and leads to actual performance improvement with focus on goals and regular check-ins.
Capabilities:
– Goals management & goals status reporting
– Concise & targeted questions scientifically proven to remove bias and lead to outcomes.
– Additional peer feedback to give a more complete view of employee’s performance.
How We’re Different
It’s very opinionated
This is a huge differentiation for us. We have very intentionally limited the scope and configuration of our performance management system in order to save our customers time and, really, protect them from themselves and the propensity to add way too many customized questions.
It’s built-in
Although Performance Management is an add-on to our core product, it is housed completely within our product. And that means that customers will have one less bill than if they have to buy it standalone and less complexity if they want to integrate it with their employee record.