Multisource assessments with feedback from numerous constituents — internal peers as well as external sources, such as partners and customers — can facilitate employee development planning. 360 Feedback automates the competency-based multisource assessment process so it can be consistent and repeatable.
- Facilitate employee development and growth as you aggregate competency feedback from internal and external sources and link it to development planning
- Save time and reduce effort with automatic rater nominations, feedback forms, data collection and analysis, and report generation
- Increase employee engagement and productivity as you offer development recommendations, identify unrealized strengths, and track year-over-year progress metrics
You can simplify and standardize the planning, modeling, budgeting, analysis, and execution of global compensation and reward policies. There’s no need to rely on spreadsheets or outdated legacy software systems to manage compensation based on inaccurate or out-of-date information, inefficient and costly systems for rollups and approvals, and an inability to align compensation decisions to the performance of individuals and groups. With Compensation, you can:
- Achieve global compensation visibility with a flexible, centralized, and modern compensation system that replaces spreadsheets and legacy systems
- Build a culture of high performers as you align performance, goals, and rewards across an entire organization
- Reduce the cost and complexity of compensation administration by optimizing rollups, exception handling, and approvals