Doing the work properly and managing performance are equally important.
Since the company has already been automated, why continue using outdated performance appraisal techniques? The Payroll VVelocity system offers a comprehensive Performance Management System with goal formulation, self-appraisal, and many other features.
Dashlets
A graphical representation of target categories, time, and KPI charts, along with a list of the top 10 performers and underperformers.
Target Definition
Employees have the freedom to set their own objectives and occasionally take an active part in organizational growth.
Normalization and Rating card
Based on the rating, weight, and percentage of weight, a rating card is generated and can be integrated for advancement or promotion.
Feedback / Goal
Feedback or goals/KRAs/KPIs/competencies can be configured with weightage, rating, grace, and qualifying ratings.
Success / Appraisal
Through practical 360° appraisals and multihierarchical appraisals, employees and supervisors can periodically record their accomplishments.
Gap Analysis
Maintain organizational standards by evaluating the gap between actual and qualifying ratings, and promptly scheduling training sessions.
Try Free Demo
Payroll VVelocity, a web-based and cloud-based software, is ideal for both large and small businesses, offering a comprehensive solution for tracking employee attendance, productivity, and timekeeping requirements.
Frequently Asked Questions
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How does the normalisation process work?
Normalization is the process of organizing data in a database. It involves creating tables and establishing relationships between them according to principles designed to protect data and improve the database's flexibility by eliminating duplication and inconsistent dependencies.
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What is an appraisal of an employee's performance?
An appraisal of an employee's performance, also known as a performance evaluation or review, is a periodic assessment conducted by their supervisor. It provides an opportunity to evaluate the employee's progress, recognize achievements, and collaborate on setting goals to improve performance and support organizational objectives.