SuccessFactors Performance & Goals helps you make your company a success 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 ongoing and objective evaluations.
SuccessFactors Goal Management supports you in defining company goals and cascading them to individual employees. In this 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 make use of 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 fulfil all SMART criteria.
Monitoring your goals via dashboards and evaluations allows you to take timely measures if goal achievement is jeopardised.
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 in progress.
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. You can use various matrices to view the classification of your employees as low and high performers and potentials. Furthermore, you can determine the probability of your employees leaving the company, and the effects this would have.
Performance Management also offers an evaluation of employees‘ competencies for performance reviews. You define the competencies yourself, which means SAP SuccessFactors an option for evaluating role-specific or company-wide competencies. Performance Management thereby enables an evaluation of the employee beyond the boundaries of goal achievement, and illustrates how employees have integrated themselves into both their current position and the company overall.
If you also use Compensation Management and Variable Pay, you can make premium payments conditional upon goal achievement, promoting a success-oriented corporate culture.
If you are interested, please contact us for more information.