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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.

0%
Ease of Use
93%
Features
93%
Value For Money
94%
Customer Support
95%

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

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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
  • 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
  • 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

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

    Platforms Supported

    Review Method

    At BeginDot, we go through each product in detail so that we can prove the most authentic information to our audience. We try the products, go through documentation, do research in user sentiments before adding our final recommendation. 

    Affiliate Disclosure: BeginDot is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

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