Performance reviews have the potential to contribute to the growth and longevity of both your employees and business. And when coupled with well-integrated and user-friendly technology, you can increase their positive potential and largely eliminate the anxiety and annoying aspects of conducting performance reviews. Let’s dive into some of the ways Dominion’s Performance Review software will benefit your business.
Reducing paperwork is one of the most obvious advantages of utilizing a Performance Review software. HR teams and supervisors will no longer have to track and organize stacks of performance review paperwork. Our software enables supervisors to quickly check in on their employee’s job performance from the same platform they manage payroll, benefits, and hours worked. Save some trees and move employee management into the 21st century.
One platform for increased accountability
By giving employees access to their performance data from the same platform they review hours, submit PTO, and check pay stubs, they’ll feel an increased sense of accountability. Personally, I know if I have written reminders about goals I need to accomplish, there’s a much higher percentage I’ll meet those goals. Allowing employees to refer back to specific company and department goals and competencies encourages a sense of purpose, as they can see exactly what they need to be striving towards.
With Dominion, managers can create company and employee goals, list competencies for skill assessment, and more. This transparency encourages accountability and ensures employees stay on the right path.
Set goals and monitor progress
Employees who contribute to company goals feel valued and report increased job satisfaction, which in turn breeds a lower turnover rate. In today’s job market your business should be making a serious effort towards employee job satisfaction. Finding top talent is difficult, to say the least, and keeping a new employee invested in your business is almost as hard. With Dominion’s Performance Review software, employees can constantly check in to see what department and company goals they should be trying to reach. Setting and measuring employee goals not only helps the employee feel invested in their work, but it also provides a starting point of discussion when it’s review time.
Gather critical feedback
Performance reviews often get a bad reputation because they’re not conducted in a timely manner. If you conduct annual reviews, it’s challenging to accurately recall all the great work an employee has accomplished in the previous year. Likewise, you’re liable to see their performance only under the lens of the past couple weeks. Dominion’s Performance Review software allows managers to set notifications and reminders so reviews can be conducted promptly. Prompt and timely performance reviews provide insights into the overall productivity of the company. Of course, performance data is only useful if management decides to act on it. Dominion won’t be there to hold your hand on management decisions, but we’ll give you the best HR tools possible to collect and report on meaningful analytics.
Streamline raises into payroll
Often times the dread and awkwardness of a performance review is rewarded with a raise. If you decide an employee has contributed adequately and exceeded their goals, Dominion’s Performance Review software allows approved managers to integrate raises into payroll. The discussed raise is reviewable by other managers before its submission and approval. Learn how to set up goals and scoring, how to track employee performance, and more by scheduling a demo!