How can cloud based systems help bring the benefits of performance appraisal to an organization?
Without a wide understanding of the benefits of performance appraisal to an organization, it has become a habit for several Human Resource Team members to view performance evaluation practices as a tool to keep employees under constant check.
So what is meant by performance appraisal in an enterprise?
It is an evaluation mechanism followed by organizations to identify contributions, strengths and areas of improvement of their employees to discharge their duties efficiently. Employees are assessed based on previously set KPI for performance appraisal given at the time of joining and the evaluation is done at different time intervals such as monthly,quarterly, half yearly or annually depending upon the organization’s policy frameworks. All relevant stakeholders that have a say in the candidate’s employment activities are usually consulted by members from the HR team to conduct the performance appraisal. These include Reporting Managers, Team Leads, Project Team Members, Management or Directorial Board Members, Human Resource teams, Peers, members from the client team and so on.
Performance Assessment is not a tool to dictate employees
The aims of a performance appraisal need to be genuinely understood in an organization irrespective of the number of people they employ or the departments to which each employee is associated with. Performance Appraisal is the key component that decides the financial increments that are offered to employees during the appraisal cycle and hence it is totally a very unfair practice to utilize the procedure of performance appraisal to bully employees as they would concede to illogical demands fearing negative influence on their salary figures.
The task of performance appraisal is quite demanding
Manually assessing employees are always a pain staking job for HR teams as well as for Managers to whom questions related to an employee’s performance are asked. Noting it down on paper or on an excel and then using ad-hoc decision making procedures to evaluate an employee often results in creating a not so friendly appraisal score and thereby demotivate staff in the process. But that is where software guided performance assessment and evaluation systems make the job easier for HR teams.
Cloud based systems make the job simple
Cloud based workforce management and performance evaluation tools available today are very different from complex solutions that were initially made available to HR Staff. Earlier these software solutions needed huge investments, bigger computing power and required specialized implementation, management and training staff to help the system run in an organization. This restricted the use of such software solutions in only big enterprises that had the financial and workforce muscle to maintain them. Today it has evolved tremendously and now you have cloud based performance evaluation systems such as SuccessDart that brings the power of a modern performance appraisal and evaluation to even small and medium business with pay as you go and subscription models of payment. They do not require any specialized implementation on your IT infrastructure as the solution runs on the cloud and offers tons of customizable performance appraisal models you can adopt in your organization.
Let us have a detailed look into how a cloud based performance appraisal solutions can unravel the true benefits of such performance appraisal practices in an organization
Simplicity and Ease of Use
Cloud based tools for performance appraisal such as SuccessDart are relatively simple to use and do not require any prior training. Any person from the Human Resource team can understand how the solution works right from the first instance. The solution allows organizations to implement a modern performance management process.
Intuitive Dashboards for Objective Performance Appraisal
The best part of such solutions is the ability of HR teams to track employee performance and progress using graphical dashboards. Metrics such as their project ratings from customers and managers, fellow peer ratings, past task activities, etc. can all be viewed in simple yet highly descriptive dashboards.
Reporting capabilities based on KPI for Performance Appraisal
These solutions offer superlative reporting capabilities that will be of huge help to HR teams in preparing a comprehensive growth chart of employees. Any kind of productivity related metric can easily be tracked through such systems and used for developmental performance appraisal. For example, if a candidate is weak in a particular domain of work, then the HR teams can approach them for providing assistance in terms of mentoring or training sessions to help them overcome their weakness.
Transparent Performance Appraisal activities
Since feedback from a number of stakeholders can be collected and analyzed transparently to arrive at a decision regarding appraisal score and salary increments, decisions are solid and can easily convincing for both the employee and employer. If any mismatch occurs between expectations and outcomes, then the tool offers detailed breakdown comparisons of KPI’s and Results and allows employees to identify why their ratings or score is different from what they have expected or they can communicate variations in final decision despite being rated well on the agreed appraisal milestones in the tool. Transparency allows two way agreements to be more simplified and there is no scope for personal or unprofessional judgments to affect appraisal metrics.
Reduction in errors and discrepancies
Automated tools work from scores and feedback collected through inputs from stakeholders and they report decisions without bias. Lack of clear communication between HR and Stakeholders can also result in discrepancies that may find its way into end results if the entire process was carried out manually. With such cloud based appraisal systems, all stakeholders are clearly given options to rate candidates based on their set KPI and KRA for performance appraisals. Their scores are recorded and indexed on further reports and can be reviewed by the final decision making authority.
Low Investments and High Returns
This is perhaps the biggest advantage of cloud based performance evaluation tools that will redefine traditional performance appraisal mechanisms in small, medium and large enterprises. The solutions offer a high degree of scalability and can easily be scaled up when organizations grow or trimmed down if the organization splits into multiple business units of smaller size. Configurations and access control are very simple and do not require huge IT implementation costs. Subscription pricing models allows organizations to have a high degree of flexibility in their investments and grow dynamically without worrying about the solution’s capability to incorporate the growth.
The SuccessDart Advantage
So now that you have understood how a cloud based evaluation system helps to bring the benefits of performance appraisal to an organization, it is only a matter of choosing the best solution fit for your enterprise. This is where SuccessDart turns out to be a winner. Thanks to a simple UI and powerful features, it has expanded its reach globally and now powers internal appraisal systems of some of the world’s most premier enterprises. Making the best of a cloud based infrastructure and flexible access control via web and mobile versions, SuccessDart redefines the way enterprises nurture loyalty in their staff. To know more about how SuccessDart can power digital transformation in your workforce management, drop us a line at email@example.com or signup for a free demo of SuccessDart – custom build for your requirements.