PerformYard Review: Features, Integrations, and Pricing 2024
PerformYard is a cloud-based employee performance management software that helps create a culture of continuous improvement within an organization. Performance reviews typically take a lot of time and effort. What’s more? HR managers may need to conduct these evaluations more thoroughly to ensure they yield accurate results.
About 60% of businesses monitor and track staff performances using basic spreadsheets. With this process, it takes between one to two weeks to complete a single employee review. However, PerformYard strives to set a new standard for efficiency, transparency, and growth through proper employee performance management.
This article reviews PerformYard features, pricing, integration, customer support, and policies to determine whether it’s a worthy investment.
PerformYard Overview
As management theorist Peter Drucker once said, “What gets measured gets improved.” With PerformYard, you can achieve a high-performance organizational culture. In the business world, where the collective performance of a team determines success, there’s a need for intuitive and robust performance management software. PerformYard boasts features that simplify goal-setting, amplify feedback, and ensure individual and collective success.
With a mission to simplify, enable, and facilitate performance evaluation processes, the founders of PerformYard, Ben Hastings and Jon Malpass, built an employee management software. Having met in 2009 at a small tech company, the duo collaborated for five years to build a SaaS platform for employee performance management. This platform provides a collection of software-based retention, upskilling, and staff management tools.
The company was founded in 2013, and today, PerformYard offers an array of pipelines and workflows for monitoring and addressing different employee review aspects. This includes continuous feedback, quarterly goals, and annual reviews. Using the PerformYard platform, managers can set team and individual goals for employees, conduct surveys to determine employee engagement and give private notes to foster growth.
PerformYard currently has over 1500 business customers and tripled its revenue in the last four years. The company recently announced that it raised $95 million from Updata Partners, a D.C.-based tech-focused growth equity fund. Hastings, the company’s CEO, disclosed in an interview that the company will use this fund to build PerformYard’s apps and services and grow the company even further.
- Established: 2013
- Founders: Ben Hastings and Jon Malpass
- Headquarters: United States
5 Core Features of PerformYard
Expert Opinion
Rating: 4.8/5
PerformYard is an excellent performance management software that streamlines and automates employee evaluation processes, including reviews, check-ins, goal setting, and feedback.
PerformYard software is very user-friendly and transforms the rigorous traditional process of conducting reviews and evaluating performance into a seamless process. We found this HR software helpful in saving time and boosting productivity. The software does so through a dashboard, where we can view all available tasks, goals, reviews, and feedback.
While the notification frequency may seem high initially, it’s helpful as it’s a vital reminder for timely evaluation submission. The dashboard may also be less attractive; sometimes, it takes a while to load the pages. But the fact that the software allows the customization of several aspects, including nicknaming employees and adding pictures to everyone’s profiles, makes up for it.
The onboarding process for this software is commendable, as you get a dedicated customer success manager who is always available to answer all your queries. While using the software, we faced some challenges changing built-in elements. But the customer success manager quickly responded and walked us through the process.
Overall, it is an excellent software with a satisfactory user experience! While there’s always room for improvement, PerformYard software remains a top choice for businesses looking to optimize their employee performance management strategy.
Features of PerformYard Performance Management System
PerformYard has a comprehensive toolkit that transforms traditional performance management in a company into a collaborative and dynamic process. This software fosters growth across the organization. Here are key features to note:
1. Continuous Feedback
With PerformYard, companies can establish a culture of continuous feedback year-round. Managers can evaluate every team member by creating a system solely focused on performance. This makes it easier to recognize achievements, detail team performance, and keep private notes to engage employees.
You can leverage this software to give real-time feedback by connecting review cycles to day-to-day performances. With frequent feedback, taking action on performance conversations becomes more manageable. Managers can eliminate surprises by building a summarized record of employee performance throughout the year.
PerformYard’s feedback system supports public, one-on-one, and peer-request feedback. This allows you to give public feedback that appears within PerformYard or on integrated apps like Slack so that team members can celebrate achievement together. Alternatively, you may provide timely one-on-one feedback so employees can immediately take action.
2. Reviews and Check-ins
The PerformYard platform formalizes managers’ vision for review cycles and check-ins. With this software, you can continuously improve and automate reviews, schedule reminders, and send approval notifications. You can also eliminate tedious HR tasks and implement a more straightforward system.
PerformYard enables you to create new review forms or import existing ones. Designing any performance management process is possible with the software and support system. You can customize review cycles and forms by deciding the questions to ask, touchpoints to use, and timelines to follow.
A live progress dashboard also helps track review completion and approvals. This allows you to stay on top of tasks to ensure the timely completion of essential reviews. You can also analyze and visualize review data from the dashboard to compare employee performance through various visuals.
3. Reporting and Analytics
PerformYard believes that, with better performance data, making better people decisions becomes more accessible. That’s why you can design your performance management process to produce performance data that can help you automatically track data and analyze results. With this, you can improve and develop a high-performance management system that creates summary results, performance categories, goal scores, and many more.
You can leverage this software to store performance histories. Using PerformYard, organize every piece of employee performance history, both quantitative and qualitative, to create a holistic view of performance. But it continues beyond there; you can filter and group your database to identify future leaders, find trends, and compare departments. For a flexible performance management system, you can visualize insights from reviews for easy understanding.
Even as you continue to evolve your process, you can track changes over time by maintaining a complete performance history and tracking process across review cycles. Do you want answers to questions you care about? Questions like “Who is the most intuitive employee?” Filter and slice your data to get answers to your questions.
4. Goal Management
With the PerformYard performance management system, you can get your whole organization working on the same goal. This software allows you to track and align team, individual, and company-wide goals within the same system. Are you working on a new product launch or project? The goal management feature allows you to improve and develop a system that yields desired results continuously.
Tracking and managing objectives is relatively more manageable with the right software, as you can bring goals into your review cycles. This allows you to get progress updates and close the loop on performance. You can get everyone within the organization moving in the same direction.
You can also create strong goal alignment by setting goals from the top down. Get even deeper insights by seeing how different employee goals affect company-wide or team goals. Leverage PerformYard to get meaningful visualizations that show goal progressions through charts and graphs.
5. Employee Engagement
Fine-tune your workflow and organization with PerformYard out-of-the-box employee engagement tracking. Build a unique performance system that understands employee needs and sentiments using the anonymous PerformYard engagement survey. You can create a database for employee sentiments from this survey and monitor it from a visual dashboard that tracks changes over time.
With the PerformYard employee engagement system, you can identify issues and improve specific engagement factors. You can also spot trends in satisfaction among employees in various departments. With this, you can locate the data to help drive organizational changes.
PerformYard Integrations
PerformYard integrates seamlessly with other HR and business software systems. Integration capabilities are vital for organizations to ensure the smooth flow of data between different tools. Here are some aspects of PerformYard’s integration capabilities:
1. HR System Integration
PerformYard integrates with various HR systems, such as HRIS (Human Resource Information Systems). This integration ensures proper synchronization of employee data, ensuring consistency across systems. PerformYard supports the use of systems, including ADP, BambooHR, Gusto, Rippling, UKG, Workday, Paylocity, and many more.
2. Single Sign-On (SSO)
To enhance security and user experience, PerformYard offers Single Sign-On integration that allows users to log into the platform using existing credentials from other systems. This streamlines access management and provides ease of use. Single Sign-On for PerformYard is accessible on Google Suite, Office 365, Okta, OneLogin, SAML 2.0, and Custom SSO.
3. API Access
PerformYard provides API (Application Programming Interface) access that allows you to build customer integrations with your existing software stack. This integration enables flexibility in connecting PerformYard with other tools tailored to your organization’s needs. You can integrate PerformYard with applications such as Slack and Microsoft Teams.
PerformYard Plans and Pricing
PerformYard has various pricing options on its website. To access the performance management business software, pricing is $5-10 per employee per month. The company bills this annually, and minimum pricing applies. There are also enterprise pricing discounts available.
The performance management package provides features necessary to manage your performance review cycles, check-ins, feedback, and goals. You also get full customization capabilities to design the best review cycle that suits your organization. Automatic performance review data collection and full analytics and reporting capabilities are also available.
You get access to employee engagement if you pay an additional $1-3 per person/month. This add-on allows you to track and monitor employee sentiment with surveys and a visual dashboard. You can also contact a product expert to get features and custom price quotes that work for your organization.
PerformYard Terms and Policies
Every customer has to be at least 13 years old to use PerformYard’s services, as the company does not knowingly collect personal information from anyone under this age. By accessing or using the company’s services, PerformYard collects your personal information. You can get details on the category of personal data the company has collected over the past twelve months here.
PerformYard, like many standard web servers, collects log files. This includes IP addresses, browser type, and platform type. They use these data to ensure the company presents content from the website most effectively. They keep the information they collect safe from unauthorized access through reasonable technological, physical, and other measures.
PerformYard Customer Support
PerformYard offers several customer support options for employees and managers. To contact customer support at PerformYard, you can send a direct message to their email address at info@performyard.com. You can also send a ticket through an online form on the company website. You’ll provide your name, the subject of the inquiry, your email address, and a custom message.
You can also visit their office at 4201 Wilson Blvd, #110420, Arlington, VA 22203. PerformYard’s social media pages are places to stay updated on the latest company’s activities or share your experience with the product.
Facebook: PerformYard
LinkedIn: PerformYard
Conclusion
With PerformYard, you can continuously simplify complexities and cultivate the habit of goal setting. It is the complete employee performance toolkit that optimizes performance for unparalleled success. PerformYard achieves this by harmonizing the diverse talents within an organization.
This software is easy to navigate and fosters meaningful connections, ensuring every customer gets a dedicated employee management aide. Businesses needing companywide goal actualization can leverage this tool to ensure everyone is working toward the same objectives. To get a demo of how the product works, you can fill out the request form available on the company’s website.
Contributor: Jude Enosegbe
