You get out of it what you put into it!
Pros
- Takes annual goals set up at the beginning of the year and puts them in the performance management process for employees to begin their self-evaluations.
- Routes from employee, to manager, to second-level manager, to HR, for review and then sends back to all for acknowledgment and sign-off.
- It sends out automatic emails prompting everyone included in the process to begin the process, prompt them through the process and emails when the process is complete.
Cons
- The process to actually set up the performance management template is more complicated than it should be.
- Setting up the performance management task process is also a little complicated. I do not think it is as user-friendly as it could be. It took a lot of assistance from a Cornerstone implementation specialist to get the process set up.
- It would be nice to be able to remove some features that are hard coded in the performance management template. We have no need for the Tasks & Targets part of the template, however they could not be removed and really confused our employees.
Most Important Features
- The ability to track and keep reviews in a central location
- In conjunction with the compensation management module, it takes managers from the review phase right into comp planning
Return on Investment
- I don't have hard numbers, but it saved HR a ton of time from constantly having to track down reviews. When done through the manual process, it could take a full year to get a completed reviews into our HR file.
- I was told that this was one of the easiest review cycles the manager has ever experienced at our company.
Alternatives Considered
SAP SuccessFactors
Other Software Used
ADP Workforce Now