The Complete Performance Management System
Performance Management Simplified 
The Performance Management System (PMS) has been built to simplify and streamline your organization’s performance evaluation process. From defining Key Result Areas (KRAs) and competencies to executing seamless performance reviews, the Performance Management System ensures a comprehensive review of employee performance, driving growth and productivity across your organization.
KRAs & Competencies
Easily add and manage Key Result Areas and competencies relevant to each role or department. Assign KRAs and Competencies to employees based on their job profiles and organizational objectives.
Custom Review Cycles
Configure performance reviews based on your organization's requirements—Monthly, Quarterly, Half-Yearly, or Yearly. Adapt the system to fit across multiple departments or employee roles as per the defined evaluation process.
Real-Time Performance Feedback
Reporting managers can seamlessly review employee self-assessments and provide feedback fostering growth and scope for continuous improvement. Take action based on real-time insights to support employee development.
Self-rating for Employees
Empower employees by providing self-rating capability on their KRAs and competencies. They can add comments, and upload supporting documents, by taking an active role in their performance evaluation process.
Supervisor ratings and reporting for HR Heads
HR managers have the capability to add their performance rating on employees. Further, they have access to advanced analytical reports such as KRA and Competency Summary Reports, Balance Check and Cycle Review Reports to track performance trends and make necessary data-driven decisions to enhance the organization’s growth.
Custom workflows to fit your review process
Configure complex performance review approval workflows tailored as per your organization's requirements for a streamlined performance review approval process.
Our
Features 
Weightage-based rating
As per the set objectives of the organization, assign specific weightage to KRAs and Competencies to specific Employees or Designations that allow balanced performance evaluation.
Moderated review process
Employees can be rated based on the various Key Responsibility Areas (KRAs) and Competencies assigned for the selected Performance cycle through Self-rating and the Manager rating and can add comments and upload supporting documents.
Performance feedback loops
After employees complete their self-assessment, the managers can review the ratings and take appropriate actions. They will evaluate the KRAs and competencies, providing feedback and taking necessary actions based on the self-assessment outcomes.
Submit final recommendation
Depending on the employees’ performance during a specific Performance cycle, the Final Recommendation is given. This recommendation informs decisions regarding promotions, salary increases, or other benefits, in accordance with organizational policies.
Performance Management Module FAQs.
To set up the performance management module, navigate to the “Admin” section, select “PMS,” and click “Add New Configuration.” Fill in the required fields such as the Start Date, End Date of the Performance management cycle, Cycle frequency, Review period extension , if currently active and save the configuration.
Go to the “Assign KRAs” section within the PMS module. Click “KRAs & Competencies”. You can define applicable KRAs and Competencies aligned with your organizational goals and assign it to an employee from the “Assign KRAs” option.
The Teamnest PMS Module supports various types of performance reviews, including annual reviews, Half-Yearly reviews, quarterly reviews, and monthly reviews.
Yes, employees can self-assess their performance by accessing the “KRAs & Competencies” section within the Employee Section . They can rate themselves on various KRAs and competencies and provide comments.These self-assessments will be accessible to their managers during the performance evaluation period.
Performance ratings are determined by the assigned weightage for each goal set within the Key Result Areas (KRAs) and Competencies, as well as the defined Competition Criteria and Unit Metrics set towards the achievements of these goals.