Silwatech is backed by a team of 1000+ employees, serving clients in over 10+ industries across 9+ locations
Performance appraisals are an important part of Human Resources functions. It involves analyzing pre-set standards with which to measure employees’ workplace performance and behavior. The results are utilized to reward employees through pay hikes and bonuses while also providing feedback to employees on where they need improvement. A standardized appraisal system plays a key role in the managerial decision-making process involved in employee compensation and promotion, or pink slips and termination during opposite situations. A comprehensive performance appraisal software automates all the key tasks in the entire process.
Hiring employees is costly and repeated hiring to backfill attritions puts a huge dent in the revenue. Retaining existing employees is one of the top priorities and for that, employee appraisal has to be timely, effective, and fair. Our HRMS appraisal management software makes all of these things are taken care of. No more wasting hours trying to maintain large excel sheets. Switch to the advanced and powerful appraisal management software that takes care of everything for you.
Silwatech is a trusted name in the IT and SaaS products industry. We value our clientele and bring products based on decades of expertise and rigorous battle testing in live business environments. Our appraisal management software UAE is feature-rich and loaded with functionalities aimed at providing maximum benefit to the end-users.
This module of our appraisal management software covers:
Parameters to design custom appraisal system
Employee contribution to organizational goal
Assessment of target vs. achievement for employees
Employee contribution to critical projects
Employee developing new skill sets or upskilling
Calculation of ROI on employee training vs. their contribution
In-depth reports
And more
This module of our appraisal management software includes:
Defining KRAs at each level of hierarchy
Preparing job descriptions and defining KRA for different positions
Defining targets and deliverables at every stage
Monthly / quarterly/ annual reviews
Detailed reporting
And more
The self-appraisal module of our appraisal management software covers:
Self-appraisal form templates
Determining and defining self-evaluation questions
Setting up KRAs and parameters for success
Automatic forwards for approval to concerned supervisors and managers
360-degree performance reviews
This module of our appraisal management software offers:
Performance review planning
Defining and setting review cycles
Multiple forms for appraisal reviews
A multi-rater review across levels for comparative rating
Detailed report generation and sharing
And more
This module of our appraisal management software covers:
Time-based productivity tracking
Evaluation of total task time
Tracking time loss, time offs, leaves, etc.
Defining skills and competencies for performance assessments
Setting goals and targets for appraisals
Merit bonus pay plan
And more
This module of our appraisal management software includes:
Appraisal planning and management
Setting HR processes and benchmarks with the best practices
Define appraisal cycles
Managing the execution of performance appraisal rounds and follow-ups
Reviews and reporting
And more
Data reveals that organizations that take share regular feedback with employees have around 15% lower turnover rates than the ones that do not.
More than 20% of workers would be willing to quit their jobs if their managers do not provide enough performance feedback.
69% of employees agree to work hard if their work received more recognition.
68% of the workforce feels fulfilled in their jobs if and when they receive the right feedback, consistently.
Managers who focus on the weakness of their teams are 26% less likely to engage with them than those who focus on the positives.
Over 90% of people concur that negative feedback is effective towards enhancing their performance when delivered constructively.
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