Performance Management Overview

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Presentation transcript:

Performance Management Overview A Highly Configurable, Intuitive Talent Management Solution

Manage Employee Performance in One Place Monitor the status and progress of performance management activities—all in one place. UltiPro Performance Management’s Talent Gateway provides one-click access to: Employees’ complete performance history Intuitive tools designed to let you accomplish employee evaluation tasks quickly and easily Built-in performance-related metrics The Talent Gateway is a “Command Center” for all Performance Management Activities

Set Measurable Goals and Objectives Keep your employees engaged and give them a blueprint for success within your organization. With UltiPro Performance Management, you can: Create measurable workforce goals and objectives Weight or rank goals according to importance Distribute goals to employees via automated workflow Set Employee Goals and Objectives Throughout the Year, Not Just Following a Performance Review

Align Performance Objectives with Business Strategy Cascading corporate goals and competencies to departments, teams, or individuals is quick and easy. UltiPro Performance Management enables you to: Align employees’ goals and objectives with those of your organization Quickly assign new workforce goals to meet changing business requirements Measure the progress of assigned goals or competencies on future performance reviews With One Click, You Can Assign Desired Skills to Your Entire Team

Conduct Performance Reviews Online Regularly assess workforce progress and provide valuable feedback and coaching. UltiPro Performance Management lets you: Look at all aspects of an individual when rating his or her performance Recognize and rate achievements Identify areas for improvement View an Employee’s Complete Performance History and Drill Down to See Details from One Central Location

Gather Multi-Contributor Feedback Collect feedback from multiple parties to gain a full picture of an employee’s performance. UltiPro Performance Management: Helps managers better understand employee strengths and weaknesses as perceived by peers, direct reports, and other key individuals Lets managers select who they want to provide feedback Enables evaluators to complete their portion of the review via the UltiPro portal Gain Valuable Performance Feedback from Across Your Organization

Track Performance Highlights Employees can record progress in meeting assigned goals and achieving key milestones as they happen. UltiPro Performance Management: Lets employees log relevant milestones as they occur Provides a “date and time- stamped” note whenever an activity occurs related to goal completion Allows managers to quickly acknowledge employee accomplishments Review Employee Progress and Milestones in Achieving Goals

Create a Pay-for-Performance Environment Motivate and reward your top performers by creating a pay-for-performance environment. With UltiPro Performance Management, you can: Use an individual’s performance rating to determine the appropriate salary adjustment Execute a compensation strategy that keeps top performers from being lured away by the competition Complete employee performance reviews and process ensuing salary changes in a single system Identify and Reward Your Top Performers

Analyze Data and Trends Gain strategic insight into your company’s performance management data and trends. UltiPro lets you track and analyze key metrics such as: Performance review status Goals and competencies assigned to employees Goals and competency ratings Overall performance ratings UltiPro’s Reports and Analytics Provide the Insight Needed for Better Decision Making

Configure the Solution to Meet Your Needs Tailor the solution to your company’s unique performance management requirements. You can easily configure: Performance review templates Employee talent cards Goals and objectives Development plans Review distribution paths A weighting scale or rating system Built-In Templates Make it Easy to Configure UltiPro to Meet Company Needs

Comprehensive Human Capital Management Award-winning, UltiPro delivers HR, payroll, and talent management for organizations of all sizes to manage their workforce from recruitment through retirement. With UltiPro, you can: Streamline and automate processes Centralize HCM data in one system of record Share security and central business rules Analyze metrics across any component of HCM Delivered on-demand as Software-as-a-Service in the cloud, UltiPro’s all-inclusive HCM provides unparalleled functionality accessed 24-7 through a secure Web portal—resulting in maximum convenience, efficiency, and savings.