10 Best Performance Appraisal Software of 2024

Deel Engage is a talent development platform that integrates comprehensive performance management tools, career development frameworks, and learning management systems into a unified solution.

Why I picked Deel: As a performance appraisal software, Deel Engage stands out with its robust and customizable 360° feedback reviews and advanced performance analytics. The platform allows businesses to run fully customizable performance reviews, tailoring feedback types, anonymity settings, and calibration steps to meet their specific needs.

Additionally, Deel’s performance analytics offer deep insights through tools like 9-box grids, radar charts, and skills matrices, enabling companies to identify high-potential talent and areas for development. These analytics provide an objective view of employee performance, ensuring evaluations remain unbiased and tailored to help identify career progressions and steps for organizational growth.

Deel Standout Features and Integrations

Features include AI-powered course creation, customizable 360° feedback reviews, advanced performance analytics, goal alignment with OKRs, real-time tracking with pre-built dashboards, comprehensive career progression frameworks, automated course assignments, and an extensive library of training resources.

Integrations include Slack, BambooHR, Workday, and Personio. Custom integrations through Deel's Open API are also available.

Mitratech Trakstar is an employee performance management software that helps managers identify skill gaps and recommend personalized training modules. 

Why I picked Mitratech Trakstar: Mitratech Trakstar helps you assess your employees and provide actionable advice on how they can reach their career goals. The platform helps you measure employee competency for over 100 distinct competencies, enabling team leaders to identify skill gaps. Team leaders can also build training modules and courses for employees to help them develop their skills. 

Mitratech Trakstar enables managers and HR professionals to schedule regular check-ins, build improvement plans to increase the effectiveness of their team members, and collect data to make business decisions. The platform makes it easy to track the performance of all employees, and the automated reporting feature helps you understand how your strategies affect your workforce, so it’s ideal for medium and large organizations with a lot of employees. 

Mitratech Trakstar Standout Features and Integrations

Features include automation, succession planning, goal tracking, engagement surveys, competency assessments, and employee coaching. 

Integrations are available natively with many tools, including ADP Workforce, Google Workspace, Paylocity, Salesforce, and Slack. 

PerformYard is a cloud-based performance management system that helps businesses to identify top performers based on self-assessment metrics. 

Why I picked PerformYard: PerformYard allows employees to set their own goals and track their progress. The software makes it easy for team members to access and complete self-assessment forms, and it compiles the data into actionable progress reports. A user’s growth progress can be shared with co-workers, which is a great way for employees to motivate themselves and summarize their accomplishments for others. 

Managers and HR professionals who use PerformYard save time when running recurrent review cycles. The platform’s automation feature enables you to schedule recurring reviews ahead of time, and the solution’s notification system lets you know when you have to complete manual steps. 

PerformYard is a good HR solution for organizations that value employee growth. 

PerformYard Standout Features and Integrations

Features include goal management, continuous feedback, 360 degree reviews, one-on-one feedback, quarterly check-ins, and self-assessments. 

Integrations are available natively with multiple apps, including ADP, BambooHR, Gusto, Rippling, and Workday. 

Paycor is a comprehensive HCM solution that offers integrated HR management, including payroll, HR software, talent acquisition, talent management, and workforce management. The tool is best known for providing a wide range of HR solutions in one platform, making it a convenient and efficient option for leaders and HR teams.

Why I picked Paycor: I chose Paycor's performance appraisal software because it provides a robust suite of integrated HR management tools that cater to various aspects of employee management, including talent acquisition, talent management, and workforce management. What makes Paycor stand out is its emphasis on continuous feedback and development, which moves beyond the traditional annual performance review, fostering a culture of ongoing improvement and engagement.

Paycor Standout Features and Integrations

Features include AI-powered sourcing, AI job post drafter, large database of candidates, custom workflows, interview scorecards, candidate dashboard, employee onboarding flows and compliance, referral management, multi-job board posting, and reporting and analytics tools.

Integrations include HireTech, Emburse Certify, Zillion, Points North, FMLA, Tapcheck, Instant Pay, Sterling, Wageworks, and Ignite.

Lattice is a performance appraisal solution that helps businesses schedule, run, and manage 1:1 feedback. 

Why I picked Lattice: Lattice is a lightweight performance management tool that integrates with dozens of solutions. The software enables your team members to provide feedback in real-time from wherever they work, and makes it easy for them to share a few words about a co-worker or manager. The solution also enables employees to request feedback, set goals, and take ownership of their performance development. 

Lattice enables HR professionals and managers to schedule and run pulse surveys, objectives and key results (OKR) reviews, and one-on-one interviews. The platform’s 1:1s are easy to manage by both team leaders and employees, and you can connect your other surveys and reviews to the 1:1 meeting agenda so they can serve as talking points or reminders. 

Thanks to its variety of helpful features, Lattice is a great HR software for businesses of all sizes. 

Lattice Standout Features and Integrations

Features include 360-degree feedback, one-on-one interviews, goal setting, public recognition, continuous feedback, and analytics. 

Integrations are available natively with hundreds of solutions, including BambooHR, Jira, Microsoft Teams, Okta, Slack, and Zenefits. 

Profit.co is an AI-enabled OKR software designed to help businesses execute their strategies by focusing on goals, measuring progress, and achieving results. 

Why I picked Profit.co: I like that Profit.co offers AI-powered performance reviews, which include 360-degree reviews, 1:1s, recognition, and surveys. This all-in-one system ensures that performance appraisals are not just a once-a-year event but a continuous process that provides real-time feedback and goal alignment.

The software's ability to capture comprehensive feedback through customizable questionnaires and review templates allows organizations to gain deeper insights into individual performance and make actionable improvements. Additionally, the integration of OKRs with performance management helps in aligning individual and team goals with the organization's objectives.

Profit.co Standout Features and Integrations

Features include OKR management, real-time reporting, task management, collaborative workspaces, checklists, awards, pulse surveys, employee engagement, portfolio roadmaps, risk management, earned value management data, and dashboards.

Integrations include Slack, Microsoft Teams, Gmail, Zapier, Outlook, MS Outlook Calendar, Power BI, Google Calendar, DOMO Connector, Google Sheets, MS Excel, and Jira.

ClearCompany is a configurable HR management system that helps companies identify top performers using their own evaluation processes and criteria. 

Why I picked ClearCompany: ClearCompany is a great performance management solution for organizations that want to build their own reviews and evaluations. Besides offering pre-built review templates, the software also gives you the ability to build assessments from scratch and create your own templates. 

ClearCompany enables you to build your own forms with different sections, questions, measurement scales, and multi-stage evaluation processes. You can add timed stages, approval breaks, and track your team’s evaluation progress. 

Thanks to the customizable assessments it helps you create, the system is a great option for organizations that have a highly-trained workforce and need specific evaluations. ClearCompany is best for companies based in the U.S. and Canada.

ClearCompany Standout Features and Integrations

Features include new hire reviews, performance reviews, competency and role-based reviews, 360-degree reviews, and time-based reviews. 

Integrations are available natively with dozens of tools, including AccuTrace, BambooHR, Checkr, Glassdoor, and Indeed. 

Leapsome is an HR platform that helps organizations assess employee engagement and make data-driven decisions to increase employee retention. 

Why I picked Leapsome: Leapsome is a customizable HR system that helps you simplify your performance evaluation processes with templates. The solution enables you to create templates for all your needs, such as weekly 1:1s, daily huddles, quarterly performance analyses, and so on. You can choose your to-do items, set your priorities, sync the platform with your calendar and mailing software, and rely on its notifications to perform time-sensitive tasks. 

Leapsome’s surveys are well structured, encouraging users to rate their colleagues and share feedback. The survey structure helps raters to express their thoughts without losing time, so the evaluation process is not intrusive. 

Thanks to its user-friendly pulse surveys, Leapsome is a great app for HR teams that want to improve their company culture. 

Leapsome Standout Features and Integrations

Features include automation, new hire onboarding tools, a skill framework, 1:1s, team meetings, and public and private recognition. 

Integrations are available natively with dozens of solutions, including HiBob, Microsoft Active Directory, Rippling, Slack and Workday. 

Peoplebox is a comprehensive platform that integrates talent analytics, performance management, and employee engagement tools, making it the best choice for organizations looking for a comprehensive solution for managing and analyzing their talent.

Why I picked Peoplebox: I chose Peoplebox because it provides a holistic platform that encompasses performance management, strategy execution, employee engagement, and people analytics. Its distinctive capability to conduct performance reviews directly within Slack and MS Teams, coupled with features like automated engagement surveys and anonymous messaging, makes it a unique offering in the market.

Peoplebox Standout Features and Integrations:

Peoplebox's features work together to help organizations bridge the gap between their OKR strategy and their OKR execution. It accomplishes this by making it easy to track action items, and hits & misses, with the intention of identifying blockers or bottlenecks before they impact productivity. Other features include OKR management, KPI tracking, productivity check-ins, pre-defined nudges, automated performance reviews, people insights, survey templates, and feedback management.

Integrations are available with a number of tools, including Asana, Google Sheets, Jira, Microsoft Outlook, Microsoft Teams, Okta, Slack, Salesforce, and others.

Paylocity is a cloud-based human capital management (HCM) platform that combines HR, payroll, talent management, benefits administration, employee experience, and workforce management functionalities into an all-in-one solution.

Why I picked Paylocity: The performance management features of this software are designed to encourage employees to take a more active role in their development and growth. Employee self-evaluation is facilitated through the platform and employees can track their progress with the journal feature, adding text or video to keep a record of their accomplishments and milestones.

Performance assessment templates give a clear outline of what's being evaluated and help managers spot opportunities for promotions and upskilling. Managers and employees can set performance goals together in the software, and come back to them regularly to maintain alignment. 360 feedback helps create a clearer, more well-rounded assessment of employee performance.

Paylocity Standout Features & Integrations

Features include 360 feedback, performance appraisal templates, employee journal, video and text notes, self-evaluations, goal setting and tracking, employee recognition, and peer recognition.

Integrations include Azure, Clover, Concur, Expensify, Microsoft Dynamics 365, Oracle NetSuite, QuickBooks, Sage Intacct, Square, Xero, 24HourFlex, and 4MyBenefits. An API can also be used to configure additional integrations.