Integrated Performance Reviews Drive Employee Accountability and Effectiveness
Santa Monica, CA, December 14, 2005 - Cornerstone OnDemand, a leading provider of integrated on-demand enterprise software solutions for talent management, today announced the general availability of its advanced performance review functionality for employee performance management. These latest enhancements enable managers to automatically generate performance reviews based on competency scores and goal achievements already measured and tracked within the system.
"We've taken the automated approach to the performance review process one step further by incorporating goals and competency scores," said Kirsten Maas, Vice President of Global Services, Cornerstone OnDemand. "Not only are managers now able to complete performance reviews, which are often time-consuming, more quickly, but they can capture a more accurate and comprehensive picture of their employees' performance. The inclusion of competency scores and goal achievements as part of the performance review process now offers the ability to incorporate assessments given by peers, subordinates and others involved in the 360 assessment process into the employee's overall performance review."
Using Cornerstone, managers are able to more accurately determine appropriate compensation and more easily coordinate talent planning. With expectations being more clearly defined by goal-driven measurement and assessment scores, managers can leverage results that yield clear and concise feedback, resulting in increased employee accountability and enhanced employee development.
In addition to compensation-based performance, Cornerstone OnDemand's ability to fully integrate with existing learning and training functionality arms managers' with a complete set of tools that not only helps to identify weaknesses, but immediately identifies the most appropriate course of training to help struggling employees improve in areas they need most. This ability further enhances managers' role as a coach and mentor, and increases employee morale as they improve upon existing skill sets
Cornerstone was founded with a passion for empowering people through learning and a conviction that people should be your organisation’s greatest competitive advantage.
Cornerstone is a global human capital management leader with a core belief that companies thrive when they help their employees to realize their potential. Putting this belief into practice, Cornerstone offers solutions to help companies strategically manage and continuously develop their talent throughout the entire employee lifecycle.
Featuring comprehensive recruiting, personalised learning, development-driven performance management, and holistic HR planning, Cornerstone’s human capital management platform is successfully used by more than 3,500 global clients of all sizes, spanning more than 42 million users across 192 countries and 43 languages.
Learn more at cornerstoneondemand.co.uk.