SuccessFactors Performance & Goals helps you make your company a success. This happens by increasing your employees’ commitment, productivity and efficiency.
SuccessFactors allows you to align your employees’ goals with those of your company and to create a culture that encourages on-going and objective evaluations.
SuccessFactors Goal Management supports you in defining company goals and cascading them to individual employees. That way employees get a better understanding of how their work affects the company as a whole. As a result they identify with the company more strongly, which directly affects their motivation.
For defining their goals, managers can resort to a comprehensive goal library created according to SMART criteria (Specific, Measurable, Attainable, Realistic, Timely) Managers can create their own goals as well, supported by the SMART wizard to make sure they fulfill all SMART criteria.
Monitoring your goals via dashboards and evaluations allows you to take timely measures if goal achievement is jeopardized.
You can create interfaces between defined goals and trainings in SuccessFactors Learning to support your employees in achieving their goals.
SuccessFactors Performance Management provides you with modern tools for ongoing evaluation. Ongoing feedback lets your employees know where they stand and how they can improve.
Meetings with employees are supported by workflows with the people involved submitting evaluations. Scheduling and having personal meetings is also supported by Performance & Goals. This happens via prepared text modules, an immediate scan checking the suitability of your own texts and an easy user interface allowing you to make entries directly into the system while the meeting is still going on.
To avoid inconsistencies when it comes to different superiors’ evaluations, Performance & Goals provides an effective calibration tool allowing you to compare different evaluations and make them more objective. Via different matrices, you can view your employees’ classification into low and high performers and determine both the likelihood of resignations and their effects.
If you are also using Compensation Management, you can make premium payments conditional on goal achievement, promoting a success-oriented corporate culture.