While many entrepreneurs and their employees look forward to the end of the year for time off, company parties and annual bonuses, others dread ringing in a new year because it means performance review time. Many companies conduct their employee evaluations at the end of the calendar year, adding mounds of paperwork and tasks to an already busy season of closing out the year's business details.
According to a recent study by Forrester Research, "Paper- or e-mail-driven performance review processes are dreaded by managers and HR and are rarely compliant." The hectic timing and disdain for doing reviews often leave them rushed and ineffective.
However, companies like Authoria, Softscape and SuccessFactors are aiming to change that with their automated performance review software. The programs include document templates, let managers track employees' progress year-round, calculate employee scores based on company standard ratings, and provide writing assistance and coaching for effective feedback.
So, deck the halls with a little automation this year and spend your holidays surrounded by good cheer instead of employee files.--Lindsay Holloway