Performance management has recently gone through a functional revolution. These days, employees want more feedback than a simple annual performance review. That’s why performance management software should be an essential tool in every HR team’s toolbelt.
Performance management software is a modern solution for running successful performance review cycles. They can handle basic functions like scheduling, tracking and data analysis. They also incorporate modern elements like 360 degree feedback and continuous feedback loops.
In a previous role, I prepared and organized hundreds of performance reviews. It was a very time-consuming process, with no automations to ease the load. In that situation, performance management software would have been a game-changer.
With that in mind, here’s my list of the best performance management software currently available. It’s impressive to see how efficient performance management software really is!
Wondering what I look for when selecting the best performance management software for this list? Here’s a summary of my evaluation criteria:
- User Interface (UI): I chose systems with clean and attractive interfaces that make the performance review process straightforward to follow.
- Usability: I selected systems that clearly organize and track different elements of the performance management process and include easy-to-understand performance-based visuals like historical charts and comparison graphs.
- Integrations: I picked systems that integrate directly with human resources information systems (HRIS) or other similar platforms (or are HRIS systems themselves), to reduce the need to manually transfer data from one system to another.
- Value for $: I always prefer software with transparent pricing, so you can forecast your monthly or annual fees prior to requesting a demo or free trial. With some software systems, those details are only available upon request.
Performance Management Software: Key Features
Here’s a shortlist of the main features you can expect to find within the best performance management software:
- Continuous feedback mechanisms: This includes a whole host of features, like 1:1 check-in templates, tools to request feedback from colleagues, project-based feedback, or public praise and employee recognition tools. The idea behind all these features is to make feedback a more regular occurrence, instead of saving suggestions up for an annual review.
- 360 degree feedback: This modern element of performance management is designed to solicit feedback from multiple sources—managers, colleagues, direct reports, and the employee themselves—to produce a well-rounded picture of an employee’s performance.
- Goals & OKRs: These add granular focus to an employee’s work performance, giving them specific targets to aim for and measure progress against.
- Strategic alignment tools: These features often go hand-in-hand with goals & OKRs, but strategic alignment tools are an important way to show employees how they’re contributing to the company’s overall success. This is often demonstrated through visual elements such as cascading goals, goal maps, or goal trees that link smaller tasks to big picture objectives.
- Career development plans: Since every employee always has their eyes on their future, career development plans are an important part of performance management since they outline a clear path forward to achieving each individual’s career aspirations.
- Assessment ranking tools: The best performance management systems offer users a variety of assessment tools, such as 9-box matrices, skill tracking frameworks, competency grids or role-based assessment benchmarks.
- Automations: These are features that help companies execute their performance review cycles at scale by automating time-consuming processes like scheduling review dates, sending out reminders or requesting additional feedback.
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Overviews of the 10 Best Performance Management Software
Here’s a brief description of each performance management software that showcases each system’s best features, plus screenshots to give you a snapshot of the user interface.
Primalogik’s employee performance management software includes a wide range of features that foster employee engagement and empower managers and their employees to reach their full potential. Through a combination of performance review assessments, 360-degree feedback, engagement surveys, employee goals and OKRs (objectives and key results), and instant feedback including 1:1 check-ins, Primalogik helps employees gain insight into their individual performance and uncover areas to make small improvements.
Their 360-degree feedback module makes it easy to solicit feedback from multiple sources. Admin users can select their own rating scales for their evaluation questionnaires, and determine the level of anonymity that will be applied to the feedback. Advanced features in this module include the option for managers and admin staff to launch feedback requests about their employees and solicit responses from specific co-workers, automatic reminders to provide feedback by a certain date, and real-time feedback tracking.
Once employee feedback is in the system, Primalogik has several tools to support deep analysis of the data. For example, their system allows managers to compare employees’ self-ratings side-by-side against other respondent’s feedback. This helps identify any blind spots between where an employee believes they are, and what their co-workers have suggested. As well, their Comparison Mode allows admin users to benchmark each employee appraisal and compare them across their workforce — a useful way of identifying their overall top performers or spotting potential company-wide skill gaps.
Primalogik integrates with ADP, BambooHR, Google Workspace, Microsoft Azure, and Okta. Their performance management software is also available in Spanish or French.
Pricing for Primalogik starts at $159/month for up to 25 users. You can also request a 30-day free trial or a free demo through their website.
intelliHR is a continuous performance management system with built-in HR analytics covering employee performance, employee engagement, and core HR people management data. Their strategically designed software helps HR teams transform manual processes into automated workflows, eliminating manual calculations and intrinsic biases. In addition, their platform includes goal management tools and OKR (objectives and key results) tracking too.
By combining their 1:1 check-ins with 360 degree feedback, intelliHR’s system creates a comprehensive loop of continuous feedback, improving the employee experience as well as employee engagement, by giving employees an opportunity to share valuable insights about their co-workers. Their software also allows managers or HR team members to access an individual’s entire performance history in just one click, thanks to their system’s automated data-aggregation capabilities. Performance report cards also incorporate easy-to-understand visuals to help management teams understand performance at the individual, team or whole-of-business levels.
intelliHR currently integrates with several widely used software platforms including DocuSign, Go1, Google Suite, JobAdder, KeyPay, Microsoft Power Automate, PandaDoc, Slack, Tanda, Xero, Workjam, and Zapier.
Pricing for intelliHR’s Performance Enablement package (which includes all features of their Employee Engagement model too) starts at $6/employee/month. You can also request a free demo through their website.
Leapsome is an all-in-one people management platform with modules for performance management, learning management, strategic alignment, and employee engagement. Used by companies like Spotify, Mercedes Benz, and Bolt, their software supports a continuous cycle of performance management alongside personalized learning plans that power employee development over time.
Their performance review cycles are fully customizable and easy to set up, and can be scheduled to automatically recur at predetermined timelines (e.g., quarterly, semi-annually or annually, or even for closing off probationary periods). Key features include 360 degree feedback (including anonymous feedback), expert question templates, skill frameworks, development paths, automations, and powerful analytics. Leapsome also includes OKR software to help manage goals and objectives at the company, team and individual level too, as well as helpful visuals like goal trees.
Leapsome integrates with Active Directory, ADP, BambooHR, GSuite, HiBob, Jira, Microsoft Teams, PayFit, Personio, Rippling, Slack, and others.
Pricing for Leapsome starts at $8/employee/month. You can also request a 14-day free trial or a free demo through their website.
ClearCompany offers an end-to-end talent management solution that links their applicant tracking system (ATS) to their onboarding process, with additional modules for performance management, workforce planning & analytics, and employee engagement. Their software is also mobile friendly, making it a good choice for teams that don’t work at desks.
Their easy-to-use employee performance review software allows you to quickly set up performance review cycles using custom scoring tables, weighted sections, free-form response fields, and custom scheduling automations. You can also use ClearCompany to collect 360 degree feedback, schedule 30-60-90 day reviews for new hires, or conduct competency and role-based reviews too.
ClearCompany integrates with 100+ commonly used software tools including Absorb, ADP, BambooHR, Canada SHL, Ceridian, CoAdvantage, eSkill, Gmail, Office 365, Okta, OneLogin, and UKG, as well as many additional tools for recruiting, background checks and skill assessments too.
Pricing details for ClearCompany are only available upon request, however you can request a free demo through their website.
Inspire Software integrates continuous feedback, OKRs, employee recognition, learning, and leadership development into its well-rounded performance appraisal system. Their performance evaluations can be customized to your needs, using their flexible templates and headers, custom grading scales and more. Their software also helps people leaders align their staff with the company strategy through actionable processes like goal setting and OKRs, while incorporating employee feedback through software integrations with systems your employees are already using, like Slack and Microsoft Teams.
Inspire Software comes with robust 360 degree feedback tools that empower teams to perform goal-driven, 1:1 conversations that address issues in real-time. Team leaders can also utilize their built-in collaboration, feedback and employee recognition features to keep teams focused on what’s important, while celebrating their successes all in one place.
Inspire Software integrates with popular HR software systems including ADP, Rippling, and Workday, as well as productivity tools like Google Suite, Jira, Microsoft Office 365, Okta, SurveyMonkey, and others.
Pricing for Inspire Software ranges from $5 to $11/employee/month depending on your contract term and number of employees. You can also request a free demo through their website.
PerformYard’s performance management software offers flexible features for HR, while creating a simplified employee experience for your staff. Their platform gives HR teams the tools they need to build out their performance review strategy, including 360 degree reviews, project-based reviews, custom rating scales, continuous feedback, and cascading goal structures. Meanwhile, employees benefit from a streamlined performance review process focused on effective discussions and delivering quality feedback.
In addition to your annual performance review cycle, PerformYard can also help you run regular check-in meetings, capture continuous feedback, recognize staff achievements, and document employee goals. PerformYard also provides a dedicated customer success manager to each new customer, to help you design an effective performance management cycle that works best for your organization’s needs.
PerformYard integrates with ADP, BambooHR, GSuite, Gusto, Microsoft Office 365, Microsoft Teams, Okta, OneLogin, Slack, Rippling, Paycom, Paylocity, UKG, and Workday.
Pricing for PerformYard ranges from $5 to $10/employee/month depending on your contract term and number of employees. You can also request a free demo through their website.
Profit.co offers dedicated OKR software with additional modules for performance management, task management, and employee engagement. By linking your performance management process to individual employee’s OKRs, you’ll gain an unbiased picture of an individual’s performance, while also aligning their employee development goals with your corporate objectives. Their system also supports continuous performance management and customized review cycles, including annual, semi-annual, quarterly, or project-based review dates.
Some of the more advanced aspects of their performance management software include flexible competency mapping, assessment tools for senior management positions, customizable performance scoring options, a performance heatmap, and a customizable 9-box scoring matrix that compares potential vs. actual performance. Profit.co also has tools to collect 360 degree feedback from peers, craft career development plans, and track detailed task assignments, including by due date or priority.
Profit.co integrates with 40+ popular software applications including Chrome, Gmail, Google Calendar, HubSpot, Jira, Microsoft Teams, Microsoft Outlook, Salesforce, Slack, Snowflake, Wrike, Zendesk and many others. Or you can access additional applications by connecting a paid Zapier account.
Pricing for Profit.co starts at $7/employee/month. You can also request a 30-day free trial or a free demo through their website. In addition, they have a freemium plan with limited features for up to 5 users.
Bob (also known as “HiBob”) is a human resource information systems (HRIS) with a fun, engaging and social media-like user interface. Their well-rounded HR system includes modules for core HR data management, performance management, time and attendance, paid time-off tracking, compensation, analytics and more.
Key features within Bob’s performance management software include the ability to customize and duplicate review cycles quickly and easily, tools to set clear and actionable goals and employee growth plans, and 360 degree feedback from managers, direct reports, and the employee themselves. Bob’s performance module also facilitates regular 1:1 check-in meetings using pre-loaded yet customizable templates to help instill a culture of continuous feedback and employee growth through small improvements.
With Bob acting as your single source of employee data—including work history and pay related information—it’s easy to pull up a full picture of your employee’s work history and link it to their performance reviews, while also planning their future trajectory with your company. HR teams can also analyze company-wide performance data in one aggregated view to spot any trends between different managers or departments.
Bob integrates with 40+ commonly used software applications, including Google Suite, Microsoft Teams, Slack, and Zapier, as well as popular learning and development platforms like 360Learning, Auzmor, Go1, HowNow, Learnster, Learn Amp, Zavvy, and others. They also have a full-feature mobile app for Android and iOS users too.
Bob offers pricing upon request, and a free demo.
Lattice’s people management platform is designed to help organizations develop employees into high performers and with tools to help them set, monitor and achieve their personal and professional goals. In addition to their performance management module, Lattice also offers integrated solutions to manage objectives and key results (OKRs) and goals, employee engagement tools like surveys, pulses and eNPS ratings, and employee growth tools that help staff and their managers develop career growth plans and track skill competencies.
Lattice’s performance management software includes modern features such as continuous performance management feedback loops, 1:1 templates, and 360 degree feedback. This means performance reviews prepared within Lattice incorporate a blend of feedback sources from managers, colleagues, direct reports and the employee themselves, creating a well-rounded profile of how each employee is performing. Lattice also supports project-based reviews too.
Lattice integrates with many commonly used human resource information systems (HRIS), including ADP, BambooHR, Namely, Personio, Rippling, Workday, and Zenefits, as well as other popular software platforms such as Gmail, Outlook, Microsoft Teams, Slack and others.
Lattice’s Performance Management module costs from $11/employee/month with additional add-ons available for Engagement, Growth and Compensation tools. They also offer a free demo.
15Five combines performance reviews, engagement surveys, OKRs, and a suite of other people development tools into one platform to help HR leaders make insightful decisions and take strategic action to support their organization’s growth. Their performance reviews include a focus on OKRs, goal setting, and long-term employee development, with helpful visual tools that make it easy to spot each employee’s strengths and opportunities for improvement.
15Five’s platform follows a research-backed design meant to develop a personal growth mindset among employees. To achieve this, their platform gives managers a set of special tools to maintain high-performing teams and tips for how to encourage employees to self-actualize in their careers. Their system is also useful for succession planning as it can help identify future leaders early on in their careers. Both managers and HR administrators will also appreciate the system’s ability to send performance review reminders to ensure your review cycle stays on track.
15Five integrates with many popular HR systems, including BambooHR, Gusto, Namely, Sapling, Rippling and Workday. They also have a free mobile app for Android and iOS users too.
Pricing for 15Five’s Perform module costs $8/employee/month. You can also request a 14-day free trial or a free demo through their website.
The 10 Best Performance Management Software Summary
30 days free trial
|From $159/month for up to 25 users||Check out Primalogik|
Free demo available
|From $6/employee/month||Check out intelliHR|
14 days free trial + free demo
|From $8/employee/month||Check out Leapsome|
Free demo available
|Pricing upon request||Check out ClearCompany|
Free demo available
|From $5/employee/month||Check out Inspire|
Free demo available
|From $5-$10/employee/month||Check out PerformYard|
Free demo available
|Pricing upon request||Check out Bob|
30 days free trial + free demo
|From $7/employee/month||Check out Profit.co|
Free demo available
|From $11/employee/month||Check out Lattice|
14 days free trial + free demo
|From $8/employee/month||Check out 15Five|
Here are a few more options that didn’t make the best performance management software list:
- Betterworks – Performance management software with integrated modules for goals & OKRs and employee engagement, plus coaching conversation tools.
- Teamflect – Easy-to-use performance management software that can run your entire performance review cycle within Microsoft Teams.
- Eloomi – Performance management software that supports employee development through personalized development plans, feedback conversations, competency and goal tracking, and employee evaluations.
- Trakstar – Comprehensive performance appraisal and employee engagement software that includes engagement surveys and multi-rater feedback.
- People Fluent – Flexible and scalable talent management software with modules for performance, talent mobility, and succession planning.
- Factorial HR – All-in-one HR software with modules for employee performance, training management, goals & OKRs and more, with easy customizations.
- Engagedly – Employee development platform, well-suited for performance management, team member goal alignment, and employee engagement.
- KazooHR – All-in-one employee experience platform, with tools for coaching, mentoring, anonymous feedback and 360 degree reviews.
- Synergita – Streamlined platform for employee engagement, employee development and performance management – available as a 7-day free trial.
- Mirro – Performance management platform with integrated culture-building tools, including peer-to-peer public recognition and feedback.
Why is Performance Management Important?
The research is clear: employees want feedback! In fact, 65% of employees desire more feedback than they’re already receiving.
Regular performance-based feedback can improve your employee’s engagement and reduce your employee turnover rate. Recent research has shown that organizations that provide regular employee feedback have a 14.9% lower turnover rate than organizations that don’t provide regular feedback.
Similarly, employees who receive regular feedback are motivated to work harder, whereas those who don’t are actively disengaged from their work. Consider these stats from the same study:
- 69% of employees admit they would work harder if their efforts were recognized through feedback.
- 98% of employees disengage from their roles when receiving little or no feedback!
With that in mind, it certainly makes a strong case for prioritizing performance management within your organization. Unless, of course, you want an unengaged and underperforming workforce!
What is Continuous Feedback?
Continuous feedback is a component of modern performance management that gives managers and employees opportunities to give and receive feedback regularly. This can be accomplished in many ways, but often includes daily or weekly feedback cycles through check-ins or 1:1 meetings.
Most performance management software includes templates for providing this type of continuous feedback, with prompts automatically rolled out so nothing slips through the cracks. The feedback is also recorded in the system, making it easy to refer back to during a more formal annual performance review too.
Research has shown the clear benefits of continuous performance feedback. Organizations that use a continuous feedback model outperformed their competition by 24%. Similarly, companies who use continuous feedback models are 39% better at attracting top talent, and 44% better at retention.
Other Performance Management Resources
If you made it this far, chances are you’re looking for options to overhaul your performance management processes from the ground up. Luckily for you, we have a lot more resources to get you going!
Here are some links to our best performance management resources aside from our software recommendations:
- Why Is Performance Management Important? (+ Tactical Tips)
- How to Conduct a Better Performance Review
- Continuous Performance Management: Why & How To Do It
- How to Optimize Performance Management in Your Organization
- Top 4 Techniques for Effective Performance Management
- How to Choose the Right Performance Management System for You
- 5 Powerful Performance Review Questions to Tap Your Team’s Potential
- 54 Essential Performance Review Phrases and Best Practices
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