We all know that every company needs common objectives and values to grow effectively, but aligning the big vision with employees' personal goals and aspirations can be troublesome.
As your company grows, it becomes even harder to track goals and priorities across departments and teams. But that's where employee goal-setting software comes in.
It helps you automatically break down larger goals into smaller objectives and track individual and team goals. In this article, we'll explore the five best goal-tracking software and performance management tools that can help you.
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5 best employee goal-setting software: A detailed overview
Here are five excellent employee goal-setting software we've selected for you based on user reviews, ratings, and their features.
Lattice
Lattice is a holistic people management software that can be used to improve performance and engagement, but you can also use it as a general HR tool. It has separate modules for goal-setting and OKRs. It stands out for its collaborative approach and modern interface.
Features
- OKRs & goals – You can use this feature to set individual, team, and company goals and track progress.
- Visual dashboards – The dashboards use a color-coding system that allows you to visually monitor progress of each goal.
- Performance management – Lattice allows you to track employee performance in multiple ways, whether it's through performance reviews, employee check-in, or direct feedback.
- Real-time updates – As a manager, you can get real-time alerts on your employees' progress and engagement so that you can provide them with timely support to help them reach their goals.
- Development plans – You can quickly create personalized development plans for your employees using the Lattice development plan framework. Click here to see some employee development plan examples that will inspire you.
- DEIB analytics – Lattice stands out for its DEIB analytics, which ensures that your performance programs are fair to everyone and that all employees receive adequate support.
- Integrations – Lattice integrates with tools like Slack, Jira, and Microsoft Teams, which allows you to manage goals without having to switch apps.
User reviews
Lattice has a 4.5 score on Capterra and a 4.7 rating on G2. Reviews praise the goal-tracking and review functionalities, but some of them complained about user-friendliness and technical issues.
💡 If you want to learn more, click here to discover how to conduct a performance review.
15Five
15Five is a performance review software known for its quick reviews that take less than 15 minutes to complete. However, it has many other features, including two separate features for goal setting – one for strategic objectives and the other for short-term goals and tasks.
Features
- Goals and OKRs – You can use this feature to set long-term strategic goals for your team and company and transform them into cascading goals for your employees.
- Priorities – This feature is suitable for managing short-term goals and setting priorities for the week or month to keep your team focused.
- Performance reviews – The tool comes with user-friendly performance review templates that are easy to fill out and review, making it a solid performance management system for small business.
- Weekly check-ins – 15Five is suitable for running quick check-ins that require less than 15 minutes to complete.
- 1:1 template – You can use the 15Five meeting agenda template to streamline your 1:1 meetings and make sure you've covered all important topics. Check out this staff meeting agenda as an example.
- Career plans – Employees can choose their desired career path and get a custom plan with all the skills and competencies that they have to acquire in order to get that role.
- Integrations – 15Five integrates with many HR platforms like Workday and BambooHR, and collaboration tools like Slack, Jira, and Microsoft Teams.
User reviews
15Five has a 4.6 rating on G2 and a 4.8 score on Capterra. Users liked its templates and goal-setting features but have complained about occasional bugs.
Trakstar
Trakstar is one of those talent management tools that can be used throughout the whole employee lifecycle, from hiring to learning and development. What's interesting is that it connects goal-setting with employee development and has a whole LMS system where you can create your own courses.
Features
- SMART goals – Trakstar uses the SMART goal-setting framework, which helps your employees set goals that are specific, measurable, achievable, relevant, and time-bound.
- Email reminders – You can break down your goals into milestones, and you'll get email notifications and reminders whenever key milestones are coming up.
- Performance reviews – Its performance reviews are very flexible and customizable, and they can meet any special requirements you might have.
- Learning management system – Trakstar comes with a built-in LMS that can replace employee development software in your company. You can create custom learning paths for your employees that will help them achieve goals.
- Upskilling – It has a vast course library, with courses ranging from IT skills to business topics, that your employees can use to learn new skills. You can also use their quizzes for quick employee skills assessment.
- Visual reporting – You can turn employee data and goal progress into beautiful presentations with actionable insights in only a few clicks.
- Integrations – Trakstar integrates with some HR and communication tools, including BambooHR, Slack, and Google Workspace.
User reviews
Trakstar has a 4.4 score on Capterra and a 4.2 score on G2. People like its feature set but complain about the interface and occasional glitches.
Engagedly
Engagedly is a modern and interactive employee experience software. It uses AI to help you set goals, break them into milestones, and create strategies to achieve them. It stands out for its excellent employee engagement features and user-friendly mobile app that can help you improve team alignment.
Features
- Cascading goals – You can use AI to automatically break down big company objectives into team and individual goals, which can save you a significant amount of time.
- Goal gamification – You can gamify goals and motivate your employees to work toward them by using features like point scoring, team challenges, and leaderboards.
- Performance reports – Unlike most other tools that focus on traditional performance reviews, Engagedly allows you to generate a performance management report that focuses specifically on the goals an employee has been working on.
- Performance improvement plans – You can use AI to generate personalized improvement plans based on an employee's individual goals and career aspirations.
- Learning platform – The learning platform comes with plenty of pre-made courses and learning paths, but you can also use it to organize live training sessions.
- Mobile app – Engagedly has a user-friendly and interactive mobile app, which makes it an excellent workforce management software for frontline workers in industries like healthcare, retail, and similar.
- Integrations – Engagedly integrates with HR tools like HiBob and BambooHR, with learning platforms like Udemy, and some other tools.
User reviews
Engagedly has a 4.6 score on Capterra and a 4.3 rating on G2. Users like the interactive features, mobile app, and gamification, but they complained that some features are limited.
Profit.co
Profit.co is a goal management tool based on the OKR framework, a method that focuses on objectives and key results. It comes with plenty of templates and goal suggestions and can be a good starting point for companies that want to start managing their goals this way.
Features
- OKR templates – It has excellent OKR templates that can be adjusted for companies of all sizes, from small businesses to large enterprises.
- AI chatbot – Profit.co can be a good option for those who want to start tracking OKRs but have never used an OKR goal management tool before, as its AI assistant guides you every step of the way, from creating your OKRs to analyzing performance.
- KPI library – Profit.co comes with over 400 pre-made key performance indicators you can use to set your key results. If you don't find anything suitable, its AI assistant can help you create your own KPIs.
- Visual dashboards – Its dashboards use a color-coding system to help you stay aligned, track progress, and identify potential problems or productivity bottlenecks early on.
- Task management – Apart from setting big organizational goals, you can also use Profit.co for tracking and prioritizing daily tasks.
- Performance management – It also has standard performance management tools, including 360 feedback and 1:1 check-ins. Click here to explore some 360 feedback examples.
- Integrations – Profit.co integrates with more than 100 apps, including project management tools like Trello and Notion, collaboration tools like Slack and Microsoft Teams, and many other tools.
User reviews
Profit.co has a 4.8 rating on Capterra and a slightly lower 4.7 score on G2. Users are satisfied with the overall experience and integrations but said that the interface could be modernized.
💡 If you want to learn how to give feedback effectively, check out these constructive feedback examples.
Conclusion
Some of the goal management softwares offer plenty of tools to measure employee performance. Others provide more specialized feature sets, like OKRs or cascading goals.
Choosing the right one depends on the size of your company, your current needs, and other tools that you might already be using. Whichever you choose, remember that goal-tracking software is an investment that will pay off multiple times!
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