SilkRoad Performance is a performance management software that allows for early and frequent conversations about goals, expectations and feedback are critical for setting employees up for success. Avoid quick quits and disengagement within your tenured workforce with reinforcing conversations about performance.

Manage and track employee performance with SilkRoad Performance, an all-in-one way to automate the performance appraisal process–from kickoff to completion. Align business strategies with team and individual goals. Ensure that appraisals get completed on time.

Video Overview

SilkRoad Performance Benefits

The benefits of SilkRoad Performance include:

Save Time and Money on Performance Appraisal Processes

Save time and money automating the end-to-end performance appraisal process. SilkRoad supports goal planning, appraisals, development planning, succession planning and 360-feedback features in one easy-to-use, tablet-friendly platform.

Automate Workflows

Increase productivity by automating employee performance appraisal cycles with custom workflows and dashboards that let HR managers monitor when and how managers and employees complete assigned tasks. Configure appraisal workflows to fit your business processes – from kickoff through completion. Easily access year-end and interim employee appraisals and employee history.

Easily Create Forms to Speed Processes

You can easily manage an unlimited library of assessment forms. Each form can be included in its own workflow to reach different audiences. Use the SilkRoad Performance library to access a selection of best practice form templates. Or create original forms using a Microsoft Word template.

Set Corporate, Team and Employee Goals

Foster a performance culture because employees are more engaged and productive when aware of how individual performance affects the bottom line. Create clearly articulated goals and then watch those goals cascade from the organization to the department level. Or from the department level to the employee level. In turn, improved performance affects how goals are set. Everyone wins.

Create Development Plans

Individually focused development plans can be tracked and managed. Develop employees through consistent performance appraisal processes that provide fair evaluations and opportunities for employees to improve. Investing in employee development will increase their ability to positively impact the organization.

SilkRoad Performance Features

The features of SilkRoad Performance include:

360-Degree Feedback

Support 360-Degree, Peer-to-Peer Feedback for Complete Picture of Employee Performance

SilkRoad’s WingSpan 360-degree evaluation solution makes it easy for organizations to score and assess an individual’s job performance, while keeping employees engaged and aware of expectations.

Managers and supervisors gain from the complete picture of an employee’s contributions through the WingSpan employee evaluation software. They can use the information for setting goals for an individual, adjusting compensation, and aligning their career path for maximum impact down the road.

The WingSpan 360-degree feedback tool:

Accommodates shifting organizational dynamics
Supports multi-rater assessments–giving everyone a say, including managers, peers, employees, customers, and project team members
Gives administrators control over employee evaluation while saving them time and energy
Project Team Members

The WingSpan performance dashboard provides:

Configurable workflows on an individual level
A deep library of competencies created by an industry expert in human performance criteria and metrics
Tools to define high-potential executives for generating lists of top performers and help with succession planning
Social media integration
Average assessment ratings comparisons from different managers for context
Strength and weakness gap analysis using ideal performance

Appraisals

Facilitate Ongoing Performance Measurement Process Through Easy-to-Use, Configurable Appraisals

SilkRoad’s WingSpan employee performance appraisal system allows you to achieve 100% participation through a seamless, accurate, and secure process.

The system is easy to configure for content, distribution, and interpretation of data. Goals assessments, development plans and performance data are stored in one repository, providing HR managers with comprehensive and timely data for employee appraisals–whenever and wherever needed.

Directly import goal data, including weight and score from a goal plan into an appraisal
Define your own fields to capture data that is most important to you
Integrate iCalendar meeting requests with calendaring tools
Create forms with a user-friendly Form Builder tool
Select additional feedback providers
View ratings and comments from prior reviews
Allow management and HR approval of reviews

Compensation Management

Compensation Management Software Instills Pay-for-Performance Culture

When employees know that their pay is directly connected to their performance, their motivation soars. SilkRoad’s WingSpan compensation management software gives organizations the ability to pay employees for their current performance–and the incentive to improve in the future.

Allow employees to look back at their performance histories through an easy-to-review dashboard.
Show how performance affects compensation over time
Enforce corporate policies and overcome traditional compensation challenges
Share coaching tips for managers
Provide real-time reporting on the compensation pool status
Compensation may include base salaries, bonuses, and stock.

Employee Development

Develop Employees Skills as Dictated by Company Needs and Achieve Corporate and Employee Goals

SilkRoad’s WingSpan employee development solution integrates learning management with performance management to create comprehensive and flexible employee development planning

When combined with other performance indicators such as appraisals, individual and corporate goals, when you evaluate the gaps with the current talent, development plans become essential to grow the skills necessary to drive the strategic vision of the company.

Create a personalized roadmap that guides employees forward
Map a deep library of development activities to your company’s particular competencies.
Scale to the specific needs of your organization.
Import your own development library.
Channel employees’ educational data seamlessly into their profiles once you integrate with the GreenLight learning management system.

Goal Management

Set, Track, and Meet Performance Goals With Flexible, Configurable Goal Setting Software

Improve business performance: Encourage employees to contribute to the overall success of the business by aligning employee and organization goals.

SilkRoad’s WingSpan performance goal setting feature combines employee goal management with its core assessment capabilities to make the most of both–all on one, seamless platform.

No two goals are alike. The WingSpan goal management software supports a goal setting process where managers involve employees in defining the goals. Understanding how current performance links to future expectations creates more engaged, productive employees.

Qualify employee goal objectives according to their importance.
Managers and employees interact and negotiate agreements on the qualifications and scores
Goal definition is highly configurable–from a two-sentence goal agreed upon simply by a manager and employee to a S.M.A.R.T. goal requiring multiple inputs and specific success criteria.
Simple approval process enables employees to submit their own goals to managers for approval.

Succession Planning