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Caroline Randazzo
Head of Human Resources and Recruitment at Aquatic
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integrated solution
Connect every stage of talent management
Do away with scattered spreadsheets and loosely connected tools. Unlock unrivaled insights with people development, data, and compensation in one, integrated solution.
- Link individual goals and competencies to performance reviews
- Identify skills gaps and provide targeted training in the same place
- Connect performance with compensation data to reward and retain top performers seamlessly
FAQs
What is performance management software?
Performance management software is a digital tool that helps organizations manage and enhance team member performance. It facilitates processes such as:
- Setting performance goals
- Conducting performance appraisals
- Providing continuous feedback
- Tracking progress.
The software aims to improve productivity, align individual performance with organizational goals, and support talent development through structured feedback and performance analytics.
Performance management software offers a broader suite of tools than performance tracking software. Apart from performance tracking, it includes goal setting, continuous feedback, performance appraisals, team member development plans, and integration with other HR processes.
What is performance tracking software?
Performance tracking software is a tool for monitoring and measuring team member performance against set goals and objectives. Its features include:
- Real-time tracking of performance metrics
- Automated reminders for deadlines
- Analytics to assess progress and identify areas for improvement.
This software helps managers and team members stay aligned with performance expectations, facilitates timely feedback, and supports data-driven decision-making.
Performance tracking software is a component of performance management, which provides a more comprehensive framework for managing all aspects of performance and development.
What is a PMS system in HR?
A performance management system (PMS) in HR is a set of complementary processes organizations use to evaluate and improve team member performance. It includes:
- Setting performance expectations
- Monitoring progress
- Providing ongoing feedback
- Conducting performance reviews
- Developing team skills.
A PMS also helps align individual performance with organizational goals, enhances productivity, and supports career development.
What should I look for in a performance management solution?
Look for a software solution that allows you to:
- Customize performance review cycles to your company's needs and goals—this is possible with features such as anonymity settings, peer selection criteria, performance form builder, conditional questions, calibration, and customizable rating scales
- Collect and share actionable, frequent, and meaningful insights from multiple sources (such as peers and supervisors)
- Automate tedious tasks such as tracking goals, sending review forms, and sending reminders and notifications (via email or Slack) to ensure nobody misses steps or review cycles
- Trigger performance evaluations automatically based on criteria like probation or start date
- Reveal details of the larger picture of critical competencies, team performance, and leadership potential
- Offer a user-friendly experience that admins, HR specialists, managers, and team members can easily access and navigate
- Securely store and access company and team data
Deel Engage offers all of these features and more.
What functions can I perform with Deel’s performance management software?
Our performance management software provides a comprehensive suite of tools designed to streamline the process of managing team performance.
Key functions include:
- Goal setting and tracking
- Performance appraisals (linked to competencies and career paths)
- Continuous feedback
- The creation of team member development plans
- Feedback analytics (9-box, skills gap analysis, competency profiles).
The software also supports 360-degree feedback for comprehensive team evaluations from multiple sources.
Companies can track performance metrics and OKRs, calibrate performance reviews to ensure fairness, and link performance with compensation to motivate team members. With heatmaps, radar charts, and a 9-box grid, companies can track individual performance over time, identify skill gaps, identify high potentials, etc.
Additionally, integrating with other HR systems will ensure seamless data sharing and reduce administrative burden.
Does the tool support 360° degree feedback and peer reviews?
Yes. The tool is highly customizable, which means you can run 360° degree appraisals, 180° degree feedback, peer reviews, and self-evaluations. You can also link goals and competencies to 360° appraisals.
Can Deel Engage integrate with our existing HR systems?
Yes, Deel Engage will integrate with your existing HRIS.
However, if you’d like all your talent management processes in one place, you can switch to Deel’s HRIS for free.
Can we tailor the competencies, rating scales, and review forms to our organization’s requirements?
Absolutely; Deel Engage has one of the most customizable review form builders on the market. You can add qualitative and quantitative questions and mix and match rating scales. You can link competency frameworks to performance reviews with one click. You can simultaneously define and launch different review forms for your organization (e.g., probation period reviews, 360° reviews, leadership reviews, etc.). You can also define the anonymity of feedback forms.
Are there resources such as user guides, tutorials, and customer support services?
All customers can access guides, tutorials, manager training, and 24/7 customer support.
What is the implementation process like, and how long does it typically take?
The implementation process for a performance review process can take up to 3 weeks, depending on various aspects, such as the existing performance system, the number of team members onboarded, and training needs.
The steps are:
- Meet stakeholders to assess the status quo, review requirements, and align on the desired "go live" date
- Design and create the performance review process
- Train managers and team members
- Onboard team members to the platform
- Launch the review
- Conduct additional manager training for interpreting and sharing results
Note that if you also need to include competencies in your review form, the process will take longer, as you will need to define competencies for all roles and levels within your organization.
Are there any hidden costs for additional features or support services?
No, there are no additional fees for accessing support.
What measures are in place to protect sensitive team information? Does Deel Engage comply with relevant regulations (e.g., GDPR, CCPA)?
Deel takes data security seriously and uses best-in-class security protocols, such as SSL encryption, two-factor authentication, ISO 27001 certification, and SOC 2 and GDPR compliance. We also have a dedicated security team that monitors our systems 24/7.