Dear Community,
Over the last few months you have heard again and again about innovations in the performance area. Some of you may have found it difficult to keep track of everything. We have summarized again what exactly has changed.
📌 Which features were already available, and are still included in your package?
The Performance tab in the employee profile will be available to you until the end of this year. You can use it to fill out individual feedback forms, write performance comments, set up performance meetings, and set target bonuses. The administration of bonuses will be added to the performance package later this year, once they have been revised.
Until the end of the year, the features will still be available without the additonal performance package. A solution will be provided to export the performance data prior to the transition. In any case, all those affected will be notified beforehand.
➕ What has been added with the new package
Since April 2022, there is a new package that can be booked separately, as it includes many new functions in Performance Management and there will be a lot more to come here.
Since a few months it is possible to set up Performance Cycles to oversee and automate 360° feedback. Training management is a completely new function that will be gradually expanded. Both enhancements can be viewed via the new Performance button on the left side of the navigation bar.
As a small preview, I can tell you that the goal bonus function will be further expanded, we will of course keep you up to date.
What are your advantages with the performance package?
- You can map the performance results within one single tool and don't need any additional software for your feedback cycle. This makes it easier for you and your employees. Data only needs to be entered once and only one login needs to be created. Depending on the solution you have used so far, this can also save costs for another license.
- You can map a complete 360° feedback.
- More new features and developments will be added in the coming months. It is planned to add analysis functions of performance periods, the target bonuses will be extended and improved, there will be a possibility to set performance dates via iCal, and much more.
Have you set up processes in your company to give feedback in all directions?
In our Personio Product Update in April, we asked how many of the audience already had processes for performance management in place. There were some of you who have not yet established any processes for this.
👉 Feel free to comment and discuss below what your blockers are and what is going well or perhaps not so well in the implementation of performance management.
💡 Tip: We have provided you with a Performance Management Guide including a self-assessment, which can support you in evaluating or introducing or implementing performance management.
Want to see how the new area can be applied?
👉 Feel free to join us at H.U.G Digital on Tuesday. My colleague Marc will hold a Deep Dive on Performance & Development, where he will show the domain with a practical example.
👉 If you are directly interested in the package, please contact your Personio Growth Manager via your Account Owner.
You are already using the Performance Area and have suggestions for improvement?
Feel free to submit them as an idea in the Ideation Area 🤝.
Our product team looks forward to your ideas, they look at them regularly and try to incorporate them into further development.
All the Best,
Lena