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Top 6 Best Performance Management Systems - January 2021

The best performance management and OKR software, benefits, pitfalls, pricing and more

The best performance management systems give managers and employees an in-depth view of the organization as whole, and how their efforts are making an impact.  It supercharges employee performance through 1:1s, OKRs, and goal management - all of which are best practices for today’s modern PeopleOps team.

Performance management systems and OKR software have typically been part of the annual review process that gives the employee a snapshot through a superficial performance appraisal. However, this category of HR software is evolving quickly and has become an important part of any company's talent management strategy.

We've spent a lot of time researching this space, and continue to stay on top of the its latest developments. Our goal here is to provide a short list of vendors we believe in for you to do demos with, along with everything else we think you need to be successful in implementing a new performance management system including the key benefits, pitfalls, thoughts on ROI, and more.

We spend hundreds of hours researching the best HR and recruiting software so you don’t have to.  We never take money from vendors during our research phase and rely heavily on practitioners and experts to help us recommend the right software.  Most of the vendors featured on our site have no commercial relationship with us, we want to feature the best software for our readers regardless. Learn more

We put in the effort to make this guide awesome

23
Hours Researched
2
Experts Consulted
17
Vendors Reviewed

Featured in

Top Performance Management Software

We track thousands of HRTech solutions, these are the best OKR and performance management solutions per our research and expert council as of January 2021.

ClearCompany

Review

With ClearCompany’s Performance Management Solution, you’ll increase not only employee satisfaction but also the frequency and effectiveness of performance conversations across your entire organization. ClearCompany’s Performance Management is the only solution that incorporates predictive performance data and automatically understands each employee’s role and goals, allowing you to easily customize review cycles and questions to unique positions and give each employee a personalized and actionable review experience.

With a mobile-friendly experience designed to increase participation, cycle management tools that reduce the administrative burden on HR teams, and goal tracking, ClearCompany is a great choice for performance management software.

ClearCompany

Stats

  • Over 2,000 clients
  • Founded in 2004
  • 640,000 total users

ClearCompany

Pricing:

Best For

ClearCompany is best for large companies looking for effective, customizable performance review rollout.

Worth Checking Out:

eloomi

Review

eloomi allows HR teams to see performance management data across the organization from one central dashboard.  This system makes it easy to start coaching sessions, complete with templates to help make these impactful.  Employees can also take control of their growth and OKRs through the system.  Organizations like Copenhagen Airport and Domino’s trust eloomi. This solution fits perfectly in the segment of mid-sized to enterprise businesses.

eloomi

Stats

  • 500+ customers
  • Offices in London and Copenhagen
  • Founded in 2015

eloomi

Pricing:

Best For

eloomi is best for mid-sized to enterprise companies.

Worth Checking Out:

eloomi also offers a best in class learning management system that is very complimentary to the gaps uncovered through their performance management software. Learn More About eloomi

Small Improvements is a performance management platform that allows companies to conduct 1:1s, give feedback, and relate employee efforts to goals. It’s worth noting this solution is free for companies with <10 employees.

Small Improvements

Stats

  • 750+ customers

Small Improvements

Pricing

Small Improvements has two different pricing levels. The Performance Starter Pack is $5 per user per month, billed annually. It has the basic features of performance management, including 360 degree feedback, reviews, company directory, and HRIS integrations. The Feedback and Performance Suite includes all of the starter pack features and adds 1:1 meetings, objectives, praise, and Slack integration for $7 per user per month billed annually.

Engagement and retention add-ons cost $2 per user per month.

Small Improvements provides a 14 day free trial for potential customers. They also offer an 11% discount on the base price if you pay up front for two years.

Best For

Small Improvements will be best for most organizations, but small companies will appreciate its affordability most.

Worth Checking Out:

Combining employee engagement with performance management means more insights into your organization (maybe the sales team is high performing, but burnt out!).

7Geese is an employee first performance management system which has focused on the under-resourced HR teams of small to mid sized companies.  They are very focused on tracking OKRs and allowing employees to see how their actions are contributing to the overall performance of the organization.

7Geese

Stats

7Geese

Pricing

There are three tiers of pricing. They all include automated program management, advanced reporting, single sign-on, a support team, org chart, HRIS integrations, mobile app, OKR goal-setting, 1-on-1 coaching, and valued based recognition.

Align costs $10 per user per month billed annually, with a $3,000 per year minimum (meaning at least 25 users per month, or basically paying extra per user for smaller teams). This is the baseline plan, and only has the functions featured above.

Perform costs $14 per user per month billed annually, also with $3,000 per year minimum (meaning at least 18 users per month, or paying extra per user for smaller teams). It adds the additional functionality of company surveys and performance reviews.

Grow costs $19 per user per month billed annually, also with a $3,000 per year minimum (at least 14 users per month, or paying extra for smaller teams). It offers everything the Perform tier has, plus career management, roles and responsibilities, and people analytics.

Best For

Worth Checking Out:

7Geese has a dedicated team of talent advisors who can help you get started, all of whom have backgrounds in both HR and change management.

Reflektive’s software covers the gambit of performance management to employee engagement.  This means their product allows you to measure and track OKRs, 1:1’s, real time employee engagement, etc all from one platform.  Reflektive has raised over $100 million in funding.

Reflektive

Stats

  • Some customers decreased turnover by over 70%
  • Founded in 2013
  • Over $100M in funding

Reflektive

Pricing

While Reflektive does offer a free product demo, they do not publicly reveal pricing. You must contact a sales representative.

Best For

Larger companies will see the best ROI from Reflektive, but that doesn't mean small businesses won't find use cases.

Worth Checking Out:

Reflektive allows users to seamlessly interact with their solution through gmail, Outlook, and Slack making it simple to regularly engage employees.

Betterworks is a performance management platform designed to measure what matters most in your organization – your people. This software helps companies with OKRs, as well as conversations, feedback, and recognition. Overall, it allows your employees and mangers to understand where the organization is trying to go, and how they are impacting these goals.

BetterWorks

Stats

BetterWorks

Pricing

BetterWorks costs $8 per user per month when billed annually. The engagement feature suite cost an extra $2 per user per month.

Best For

BetterWorks is best for small to mid-sized companies.

Worth Checking Out:

Their board member John Doerr is one of the world’s most famous investors, and also the author of “Measure What Matters”

Lattice’s people analytics software empowers managers and HR to get a holistic view of what’s going on in their organization and make more data-driven decisions. Lattice has an expansive product that covers employee engagement, 1:1s, goal setting and recognition. Its easy-to-use user interface is majorly important to customers.

Lattice

Stats

  • 2,000+ customers
  • 1.67 million pieces of feedback shared

Lattice

Pricing

Lattice offers three pricing plans as well as add-on features.

Performance

  • Base plan
  • $9/user/month
  • Basic performance management features, such as reviews, analytics, goals management, feedback, 1:1 meetings, integrations, and a mobile app

Performance & Engagement

  • $12/user/month
  • Combines performance management features with employee engagement features

Enterprise

  • Custom pricing
  • All-encompassing solution

The add-on feature pack, called Grow, cost an additional $3 per user per month and adds growth plans, career tracking, and competencies to your feature list.

Best For

Lattice is great for mid-sized to enterprise level corporations, but its three different price plans will appeal to any customer.

Worth Checking Out:

Combining employee engagement with performance management means more insights into your organization (maybe the sales team is high performing, but burnt out!).

Looking for an HR Tech consultant to help out?

We've hand picked a shortlist of consultants who can help with vendor selection, implementation, strategy, and more

Final Advice

We hope you’ve enjoyed out overview of performance management software.  This page will change on a regular basis to reflect new learnings that we think are important to buy and implement this type of software so please subscribe to our newsletter and good luck!

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