Cornerstone Performance Management
A web-based multi-module performance management system; formerly Halogen eAppraisal by Halogen Software Inc. acquired by Saba Software in 2017; now part of Cornerstone OnDemand.
Product Overview
Cornerstone Performance Management, previously known as Halogen eAppraisal before its acquisition by Saba Software and Cornerstone, is a comprehensive performance management tool designed to align employee goals with business outcomes. It features configurable elements to match unique business needs, nurtures a feedback culture through effective coaching conversations, and supports skills and competency development. The software automates review processes and integrates with goals and competency assessments, enabling career and leadership development.
The software also offers tools for succession management, total compensation planning, and development plans, making it a versatile tool for managing employee performance and development. Cornerstone Performance Management provides clear expectations by incorporating pulse engagement surveys for a clear picture of employee engagement.
Pros
- Automates review processes
- Simplifies performance evaluation
- Configurable to business needs
- Activity tracker
- Control learning and development
Cons
- Only offers basic reporting functionality
- Complexity in learning the system, especially with custom functions
Target Market
Mid-sized to large enterprises across various industries, particularly those with over 1,000 employees. Designed for HR professionals, C-level executives, managers, and employees.Cornerstone Performance Management is part of the larger Cornerstone People Experience Platform by Cornerstone OnDemand.
Launched in 2024, Cornerstone Galaxy is an AI-powered platform that offers personalized development paths, skills gap analysis, and forecasting tools for performance trends. It is being integrated into Cornerstone Performance Management to enhance its existing capabilities:
- Continuous performance management supports continuous development through check-ins and real-time feedback.
- Competency management allows organizations to define and assess competencies across roles, integrating them into performance evaluations and development plans.
- Succession planning helps identify high-potential employees and prepare them for future leadership roles.
- Advanced analytics and reporting for insights into skill gaps and performance trends.
Key Features
- Activity tracker
- Competency management
- Configurable workflow
- Dashboard
- Development planning
- Email reminder
- Evaluation forms
- Feedback management
- Goal management
- Talent profiles
- Tools and authoring aids
Pricing
Cornerstone Performance Management falls into our “Over $100,000” pricing tier based on a typical three-year total cost of ownership. This includes subscription fees, maintenance, and other ongoing costs. While exact pricing depends on user count, modules, and contract length, enterprise customers should expect a six-figure investment.
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