Performance Appraisal 
Performance can be evaluated on a monthly, quarterly, half-yearly, or annual basis depending on the organization’s appraisal requirements. Increments, promotions, and training can be recommended by the employee’s manager. The module has a powerful dashboard for the Stakeholders to know the status of a performance appraisal.
Get Started Offered On-Cloud & On-Premises
Key Features: Performance Management System
360-DEGREE SOLUTION
HR wallet provides a 180/360-degree performance appraisal and feedback solution by integrating associate ratings, manager ratings, and other relevant data into a comprehensive dashboard.
KRAs
Multiple KRAs, competencies, qualitative, quantitative, descriptive, and objective assessments can be created dynamically for performance review.
SELF APPRAISAL
It also facilitates a rewards and recognition system where employees can appraise themselves or can recognize another individual’s achievements, which will then be subjected to review.
SENIOR MANAGEMENT REVIEW
Senior Management, including the managers, division heads, and CEOs, can also be put through the system for performance appraisals and reviews.
REPORTS
Appraisal result output, increment, and promotion output can be directly exported from the platform.
DASHBOARD
HR personnel can quickly view the status of appraisals through the performance appraisal dashboard.
Frequently Asked Questions
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How many levels of approval or review can be configured in the performance management system?
N-levels of approval can be configured in the system.
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Can we cascade goals?
Yes, goal cascading can be configured.
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Can target and achievement metrics be captured?
Yes, target and achievement metrics be captured.
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Can the review be done periodically?
Yes, it can be done on Monthly, Quarterly or Half yearly basis.
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Is confirmation appraisal available?
Yes, confirmation appraisal is available.
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Can standard goals be defined for a role?
Yes, standard goals can be defined for a role.
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Can we configure 180-degree appraisal?
Yes, 180-degree appraisal can be configured in the application.
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Can bell-curve be configured in the system?
Yes, bell-curve can be configured.
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Can we configure 360-degree appraisal?
Yes, 360-degree appraisal can be configured in the application.
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Can the employee do self-rating?
Yes, the employee can do self-rating.
Article
Uncover Your Employees Potential With Wallet HR
Every business strives to stand out from its competitors in every possible way. Employees are the backbone of any organization and it is essential that every employee gives their best to make their company the best. Tracking the performance of every employee comes under the HR responsibilities which can be cumbersome.
Wallet HR, the best performance management system in India is an efficient system that helps your business to decode the employee performance in the most accurate way. Our software is designed to offer a great assistance to the companies in terms of improving productivity, identifying the areas that needs to be improved, and to make data-driven decisions.
Identify & Address Your Employee Performance:
With Wallet HR software India you can identify and assess your employee’s performance based on the various parameters. Every employee needs to be appreciated for their work performance which they have contributed for the organization. So, addressing their performance before their superiors is essential in any organization and our system helps in achieving the same.
Through our application, HR professionals can curate performance reports which can be exported directly from our platform for their promotion and increment.
Employee Progress:
Every business works on a specific goal and expects their employees to work for the same. As a result the employee strives hard to meet the expectation of the business and gives the best in all the possible ways. Hence, it is essential for the employee to bring their performance under the supervision of superiors and our Wallet HR makes that happen in a click.
With the help of our module, the employer can create endless KRAs (Key Result Areas gives a complete outline on the employees responsibilities and roles within the organization) and KPIs, provide ratings & feedback across each metric. Quantitative and qualitative reports can be generated at ease including bellcurve, promotion recommendations and much more.
Promotion and increment recommendations flow seamlessly to the payroll management module which makes us the best payroll management software in India.
Our module is designed to streamline your performance management, through our integrated attendance system that provides robust features for empowering you to effectively monitor employee performance and drive productivity.
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