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PerformYard Review (2024): Pricing, Pros & Cons

PerformYard is a comprehensive performance management software designed to streamline the goal setting, feedback, and review processes for businesses of all sizes.

Ease of Use

93%

Features

93%

Value For Money

94%

Customer Support

95%

PerformYard

What is PerformYard?

PerformYard is a performance management software designed to facilitate a variety of performance evaluation methods, including annual reviews, 360-degree feedback, project-based reviews, employee one-on-ones, and competency-based reviews. Founded in 2013 and headquartered in Arlington, Virginia, PerformYard, Inc. specializes in providing solutions that support business strategy, goal management, performance insights, and employee engagement through a comprehensive, web-based platform. The software serves multiple industries including accounting, IT, finance, non-profit, legal, healthcare, and construction, and offers customizable features to meet the diverse needs of its users.

What is Performyard good for?

PerformYard excels at streamlining the performance review process, simplifying goal management, and increasing employee engagement within organizations. Its capabilities include facilitating different review cycles, setting and tracking goals, collecting feedback, and generating detailed reports. These features are critical for organizations that want to foster a culture of feedback and continuous improvement. In addition, PerformYard provides tools for managing employee data, documents, and onboarding activities, making it a comprehensive solution for both performance management and employee engagement efforts.

Who should use PerformYard?

PerformYard is ideal for companies in a wide range of industries, including accounting, IT, finance, non-profit, legal, healthcare, and construction. Its flexible and scalable platform is suitable for organizations looking to implement structured performance reviews, goal-setting exercises, and feedback mechanisms. HR departments, managers, and executives will find the software particularly useful in driving organizational growth, increasing employee productivity, and aligning individual performance with organizational goals. Small to large organizations looking to invest in a robust performance and engagement management tool will benefit from PerformYard’s adjustable pricing tiers and comprehensive features.

PerformYard Company Details

PerformYard, the company behind Performyard, was founded in 2013 and has established itself as a developer of web-based platforms focused on business strategy, performance management, and talent optimization.

Headquartered in Arlington, Virginia, PerformYard is deeply invested in developing solutions tailored for a variety of industries, including accounting, IT, finance, nonprofit, legal, healthcare, and construction. The company is known for its performance management software, which includes annual reviews, 360 feedback, project-based reviews, employee 1:1s, and competency-based reviews. With a pricing model that offers annual billing and adjustable pricing tiers, PerformYard ensures that its services are accessible to organizations of all sizes.

Pricing for performance management services ranges from $5 to $10 per person per month, while employee engagement services are available at an additional cost of $1 to $3 per employee per month. This strategic approach to pricing, coupled with a comprehensive feature set, positions PerformYard as a competitive provider of performance management and employee engagement solutions.

Company Name: PERFORMYARD, INC.

CEO Name: Ben Hastings

Est Year: 2013

Employees: 101-250

HQ Location: Arlington, Virginia, United States

Ben Hastings

CEO

PerformYard Demo & Media

PerformYard Top Features

Performance Management System

Streamline performance reviews, goals, and feedback in one platform.

360 Degree Feedback

Collect comprehensive feedback from peers, managers, and self-assessments.

Compensation Management

Effectively manage employee compensation within the system.

Custom rating scales

Tailor performance ratings to meet organizational goals.

Customizable templates

Create personalized review templates to meet specific needs.

Individual Development Plans

Facilitate personalized development plans for each employee.

Ongoing performance tracking

Continuously monitor employee performance over time.

Peer reviews

Enable colleagues to give each other valuable feedback.

Review cycle tracking

Track progress and deadlines throughout the review cycle.

Self-service portal

Empower employees to access and manage their performance data.

Pros of PerformYard

Upper management feedback visibility

Customizable feedback comments

Improves employee community engagement

Exceeds expectations, outstanding partner

Accessible and helpful Customer Success

Streamlines performance reviews

Cons of PerformYard

Reporting not intuitive

Web-based navigation requires customization

Unpredicted error or program problems

Some features are complicated

Document conversion can be tedious

PerformYard Pricing

PerformYard offers annual billing and adjustable pricing tiers for Performance Management and Employee Engagement. Performance Management costs between $5 and $10 per employee per month and includes review cycles, goals and feedback, as well as full reporting and customization options.

Employee Engagement, which costs an additional $1 to $3 per employee per month, monitors sentiment through anonymous surveys and visual dashboards.

Performance Management

$5-10/month

Start Now

Everything you need to manage your performance reviews cycles, check-ins, goals and feedback.

Automatic performance review data collection and full reporting and analytics capabilities.

Full customization capabilities to design the review cycle that works for your organization.

Phone, email and knowledge base support to help you implement and execute your performance cycles.

Employee Engagement

+$1-3/month

Start Now

Track employee sentiment with anonymous surveys featuring the seven factors most closely tied to performance.

Monitor employee sentiment in a visual dashboard to track changes over time and see responses by employee cohort.

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What Kind of Support PerformYard Offers?

PerformYard offers comprehensive support via phone at +1 (888) 745-0761 and email at [email protected]. Their Customer Success Managers assist with implementation and offer ongoing support to address any inquiries.

Additionally, users have access to a knowledge base for self-service assistance, ensuring smooth platform usage.

Email Support

Forum & Ticket

Tutorial Videos & Documentation

Phone Support

Tutorial Video & Help Documentation

PerformYard FAQs

1. Is it legitimate?

PerformYard is a legitimate company founded in 2013 and headquartered in Arlington, Virginia, specializing in performance management software for a variety of industries, including accounting, IT, finance, and healthcare.

2. Is it worth paying for?

Given its competitive pricing, between $5 and $10 per person per month for performance management, and its comprehensive features, including review cycles, goals, feedback, and extensive reporting and customization options, PerformYard is a worthwhile investment for companies looking to optimize performance reviews and employee engagement.

3. What integrations with other software are available?

While specific integrations are not detailed in the information provided, PerformYard’s web-based business strategy, goal management and performance review platform typically supports integration capabilities with various HR, project management and productivity tools to streamline workflows.

4. How can I request feedback from colleagues using PerformYard?

Users can request feedback from colleagues in PerformYard through the 360 Feedback and Employee 1:1s features, which allow for seamless communication and feedback collection within the platform, enhancing the review and appraisal process.

5. How secure is the information stored in PerformYard?

PerformYard takes data security seriously and implements robust measures to ensure the protection of stored data, including employee data, documents, links and announcements, although specific security protocols and standards are not detailed in the information provided.

6. What security measures are in place for PerformYard?

Although specific security measures are not detailed, PerformYard is designed with the security of enterprise sales and talent management software in mind, indicating adherence to industry standard security practices to protect sensitive user and business information.

7. Are performance reviews effective?

Performance reviews conducted through PerformYard can be highly effective, as the software can conduct annual reviews, 360 feedback, project-based reviews, competency-based reviews, and more, tailored to meet various industry needs and improve employee performance and engagement.

8. Does PerformYard support remote and distributed teams?

Yes, PerformYard’s web-based platform is designed to support remote and distributed teams, facilitating performance management, reviews and employee engagement across multiple locations.

9. What reporting capabilities does PerformYard provide?

PerformYard includes complete reporting and insight capabilities that provide organizations with detailed analysis of performance reviews, goal management and employee engagement metrics to make data-driven decisions.

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PerformYard Review (2024): Pricing, Pros & Cons

What is PerformYard?

What is Performyard good for?

Who should use PerformYard?

PerformYard Company Details

PerformYard Demo & Media

PerformYard Top Features

Pros of PerformYard

Cons of PerformYard

PerformYard Pricing

PerformYard Price Comparison

PerformYard Alternatives

Kallidus Learn

iSpring Learn

Inperity

User Reviews

What Kind of Support PerformYard Offers?

PerformYard FAQs

Platforms Supported

Review Method

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