Appraisal of performance can be rolled out on a monthly, quarterly, half-yearly, or annual basis depending on the organizational needs.it also factors in increments, promotions, and trainings recommended by the respective managers. The robust dashboard offers an easy view of the status of a performance appraisal.
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.
Multiple KRAs, competencies, qualitative, quantitative, descriptive, and objective assessments can be created dynamically for performance review.
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, including the managers, division heads, and CEOs, can also be put through the system for performance appraisals and reviews.
Appraisal result output, increment, and promotion output can be directly exported from the platform.
HR personnel can quickly view the status of appraisals through the performance appraisal dashboard.