GroSum - Performance Management Delivered
Transcript of GroSum - Performance Management Delivered
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Reviews
360
FeedbackBonus & Increments
manageemployeesperformance
Sell Sheet
rosum
Performance Management
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grosum is In brief
an Employee Performance Management Solution
Cloud based
PerformanceReview
Development Needs Identification & Planning
360 Feedback & Recommendations
Rewards - Pay Raise & Bonus Payouts
A sum of all of these & more
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Solving your problems
One-way No-Appeal process
Employees have no input on thereview parameters
Employees have seldom chanceto disagree with review & appeal
Pr. 11
These are representative problems with Performance Review process at organizations
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Solving your problems
No second review
Assessment is done by a single managerwith no second review or moderation
to ensure accuracy or fairness
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Solving your problems
Doesnt address diversity
Same review form is applied to alarge group of employees
All assessment factors aretreated with equalimportance
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Solving your problems
Inconsistency across managers
Some managers are easy raterswhile others are not, resulting
in biased review ratings
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Solving your problems
Disconnected from rewards
Increments, bonus payouts or promotionare loosely linked to employeesperformance
Pr. 17
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360Feedback;YOUcan
let employees choosetheir 360Feedback reviewers.
set feedback forms by departments & reviewer profile
seek feedback from InternalSeniors, Juniors, Peers &ExternalCustomers, Vendors & Partners
combinewith a Performance review process or
conduct Feedback independently
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Compensation;YOUcan
set Pay Raise & Incentive budgets
getautomatic recommendation of increment &
payouts based on linear optimizationissue Increment/Promotion/Incentive lettersas per
configurable templates.
maintain employee wise compensation
structurewith Incentive components.
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Delivering YOUBenefits
Performance Management
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Delivering you benefits
Manage employee performanceTransparentlyMulti-level reviews, moderation &
employee acceptance for closure
Normalization of ratings toremove reviewer bias
Performance linked pay raise &bonus
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Manage employee performanceComprehensively
Complete review of employees
performance, competencies &professional attributes
360Evaluation including external
partners & customersIndustry standard goal libraries
Delivering you benefits
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Manage employee performanceFlexiblyEmployee specific goal setting
with weightages
Easy, configurable reviewworkflows
Delivering you benefits
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Manage employee performanceEasily, Simply, SwiftlyAutomated workflows for review
process tasks, notifications &reminders
360Review directly from email
Delivering you benefits
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Show & Tell
Performance Management
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Easy, Configurable Review Process flows & assessment forms
Options for Self-assessment, multi-level reviews & Moderation
Showcase: Review Process
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Source Performance Measures from Industry Standard libraries.
Import Measures from previous assessments & set templates.
Showcase: Goal Libraries
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Performance Measures rated by Balanced Scorecard perspectives.
View SELF & REVIEWER ratings side by side
Get overall rating based on weighted average of goal/competencies ratings
Showcase: Review Ratings
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Ability to compare within reviewees in a single screen & give relative rating.
Ensures consistency of review.
Showcase: Comparative Rating
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Document Profession & Competency development aspects
Identify employee training needs
Recommend for transfer & promotion specifications for new role.
Showcase: Development Plan
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Configure 360Feedback reviewer profiles Internal & External
Set rating scales for feedback.
Showcase: 360Feedback Process
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Send Feedback form on email.
Ensure easy access & quick completion.
Showcase: 360Feedback
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Import Recommendations from LinkedIn & Feedback on eMails.
Tag with performance parameters for easy reference during reviews.
Showcase: LinkedIn Recommendations
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Normalize ratings based on individual reviewers rating statistics.
Remove bias from reviewers ratings & ensure review parity.
Showcase: Normalize Ratings
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Grade employees based on ranking of normalized ratings.
Identify top performers & laggards for personalized development planning.
Showcase: Performance Grades
Performance Grade
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Determine pay raise & bonus payouts, based on budget & normalized
performance scores.
Showcase: Increment & Bonus
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Showcase:Auto Recommendations
Automatically determine increments based on review performance grades.
Maintain conditions for optimization & check for conflicts.
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Issue review letters based on specific review outcomes for employees.
Personalize the review letter format & generate PDF ready for print.
Showcase: Review Letters
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Key People
Performance Management
rosum
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Hi, I am
Name Souvik Majumdar
EducationB.Tech(H) IIT Kharagpur
PGDM IIM Lucknow
Profile Souvik is an entrepreneur since 2009 and has expertise in design &
delivery of enterprise SaaS based collaboration & productivity
solutions and analytics.
GroSum is a brand from the house of award-winning SaaS business
solutions by TuneSpray. In 2011, TuneSpray was the Winner of
Innovation in ICT Award by DST, Govt. Of India.
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