
What is SAP SuccessFactors Performance Management?
SAP SuccessFactors Performance Management is a component of the SAP SuccessFactors Human Experience Management (HXM) Suite, which is a cloud-based, integrated suite of human resources (HR) software solutions offered by SAP. SAP SuccessFactors Performance Management is specifically focused on managing and enhancing employee performance within an organization.
Key Features of SAP SuccessFactors Performance Management
Goal Management
Enables employees and managers to set, track, and align individual and team goals with the organization's strategic objectives. It helps ensure that employees are working toward shared priorities.
Performance Reviews
Supports the scheduling, completion, and tracking of performance reviews and evaluations, including manager assessments, self-assessments, and peer reviews. It facilitates the feedback and appraisal process.
Continuous Feedback
Facilitates ongoing feedback and coaching between employees and managers through a feedback and comments system. This encourages real-time communication about performance and development.
Development Planning
Helps employees and managers create and manage individual development plans based on performance feedback and career aspirations. It supports skill development and career growth.
Competency Management
Allows organizations to define, track, and assess core competencies and skills relevant to each role. It aids in assessing and developing employee capabilities.
360-Degree Feedback
Provides a holistic view of employee performance by collecting feedback from peers, managers, direct reports, and other stakeholders.
Talent Calibration
Supports talent calibration meetings where HR and leadership teams review and discuss employee performance and potential for development. It helps ensure fair and consistent assessments.
Compensation Management
May integrate with compensation management features to align performance with compensation decisions, such as merit increases and bonuses.
Document Management
Offers secure document storage for performance-related documents, including performance appraisals, development plans, and coaching notes.
Analytics and Reporting
Provides reporting and analytics tools to track and analyze performance data, identify trends, and assess the impact of talent management initiatives.
Mobile Accessibility
SAP SuccessFactors is typically accessible via mobile devices, allowing employees and managers to access performance management tools and information on-the-go.
Integration
The platform is designed to integrate with other SAP SuccessFactors modules, such as learning, recruiting, and HR, as well as with third-party systems to ensure data accuracy and streamline HR processes.

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