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Know Your Employee Performance With Wallet HR

June 29, 2023
Know Your Employee Performance With Wallet HR



HR software plays an important role in determining employee’s performance. It streamlines the performance management process to enhance transparency and promote employee development. It involves the process of tracking and monitoring the quality, quantity and the contribution of the employee, which leads to the overall success of the organization. Wallet HR’s effective performance management system identifies the strength and improves opportunities for employee development and growth. It also evaluates the essential features to know the status of employee performance. The primary function of the Wallet HR software is to streamline and enable managers to access real-time performance data and aid in monitoring employee progress.

Various Aspects Of Employee Performance Management

Employee Performance Dashboard

The performance appraisal dashboard is a visual representation of various components and features of appraisal-related information. It also allows HR to track the progress of each employee's appraisal and take necessary actions. Wallet HR application simplifies the performance appraisal process, such as scheduling appraisals, sending reminders to employees and managers, and tracking completion status.

Key Result Area (KRAs)

KRAs are often used to measure performance and assess the accomplishments of employees. It is directly linked to the broader goals and objectives of the organization. It also includes various aspects of an employee's job responsibilities. The key result area highlights areas of strength or improvement, identifies patterns or trends, and supports data-driven decision-making. It enables individuals to prioritize the key areas contributing to the organization's overall success, enhancing performance appraisal accuracy and relevance.

Self-Appraisal Evaluation

HR software allows employees to evaluate their performance and contributions. It empowers individuals to reflect on their achievements, strengths, and areas for improvement. They can highlight their achievements and contributions. The review process ensures that the self-appraisal and recognition align with performance standards. Hence, it enables the employee to get complete insights into their performance.

It also allows employees to recognize and appreciate the achievements of their colleagues. Managers can nominate and provide feedback on their reportees exceptional performance and significant contributions. The Wallet HR performance management system also facilitates the managers to recommend training to the employees, upon submission of their self-evaluation form. Since it is an integrated solution, the training recommendations flows seamlessly into the training management module, wherein the HR team can take necessary action in planning, scheduling and sending out calendar invites for training.

Performance Reviews And Feedback

The 360-degree solution features a multi-perspective view of employee performance and It provides a comprehensive solution for optimizing employee productivity, engagement, and growth. It can assist in creating and tracking performance improvement plans for employees who need additional support. The data visualization tools, such as dashboards and reports, can help managers and HR professionals gain insights into employee performance trends. Based on the assessment and feedback, a development plan outlines actions and strategies for the employee's growth and improvement.

Streamlining performance reviews aids in tracking key performance and mapping continuous feedback and recognition. It allows for easy access to historical performance data, facilitating comparisons and tracking progress. Investing in cloud based HR software can help you make data-driven decisions and make your business and employees achieve sustainable growth in the long term.

Client Testimonials Across Business Verticals

  • Auto Ancillary Manufacturing

    "We have implemented all the modules of Wallet-HR in our organization. We are very happy to mention that the product works great and the Crystal team implemented the solution at cheetah pace with good understanding. Very commendable job considering the size of our organization. We have integrated attendance devices across our 45 locations to centralised attendance software and integrated to payroll along with other modules. As a result of complete HR automation we were able to save atleast 7% on our turnover year on year. We are extremely delighted to have chosen Crystal HR as our solution provider."

    HR

  • NGO

    "We have 9 companies with almost 4000 employees Over all; managing employee’s records was very difficult. We have chosen wallet-HR after evaluating many products. Now we are using few modules of Wallet-HR, further we are planning to use all modules from this financial year. We are very satisfied with the Wallet-HR software, because of its updated technology, and the time it saves. Wallet-HR gives us accurate results and reports as per our requirements. Good Luck to Crystal team!"

    HR

  • Pharma

    "Wallet HR has been implemented and integrated across all our 9 locations. We have strict FDI guidelines to follow in respect of access control and attendance, which we have tirelessly implemented with the help of Wallet HR suite."

    IT Head

  • Auto Ancillary

    "We have nine factories across different locations in India. Wallet-HR is implemented for managing our entire employee lifecycle. We had huge challenges in managing workforce using attendance devices. Crystal with their proprietary technology was able to provide us a seamless solution. We have been using Wallet HR for 6 years now with excellent backup support from Crystal whenever required."

    HR Head

  • Retail

    "We are amazed by the domain understanding of Crystal and the configuration capabilities of the product. They have been able to provide solution to all our issues without making any customization in the product. It is a great tool that helps to balance the entire process of our organization in an easy manner."

    HR Manager

  • Hospitality

    "Intuitive UI, dynamic functionality and robust technology is what made us choose Wallet HR amongst all other products in the market. Earlier we used to manually amend the attendance data before processing payroll, now everything is automatic, which in multiple ways has reduced the time and effort spent in validating the attendance. That is indeed great."

    IT head

  • Share Registrar

    "We are very impressed by the lightning speed of Wallet-HR’s payroll engine. We have been able to process payroll of around 4000 employees in less than two minutes."

    Functional Manager - HRD

  • Steel Manufacturing

    "Selection of vendor is a tough process in Hyundai. Wallet-HR has been selected by Hyundai software division to implement the solution across all Hyundai subsidiaries. As a first step we have implemented the solution at one of our subsidiaries in Sriperumbudur and we are happy that they have gone live without any fuss. Good job done by Team Crystal."

    HR Manager

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