With Oracle Performance Management Cloud, Oracle has rethought the business of performance management and designed the system to support HR’s shift from an administrative to a strategic, modern role. In areas from goal setting and alignment with the business, to performance management and employee development management, Oracle Performance Management Cloud provides the necessary collaboration support and insight during the performance process. When managers provide employees with ongoing feedback and coaching supported by modern technology, employee productivity will likely increase—and employees, managers, and the entire organization will be poised to achieve important goals. Goal Management enables the setting and tracking of goals across the various levels of an organization, supporting an ongoing performance conversation throughout the year. Performance Management is designed to support employees, managers, and business leaders with point-in-time evaluation of worker performance. Organizations can configure the performance process to match their business practices. Workforce Predictions uses current and historical indicators to predict performance and attrition, determines corrective action through “what if” scenario modeling, and provides the ability to implement that corrective action.
- Know your top performers and where to take action to manage your business
- Provide valuable insight to business leaders for monitoring employee performance and alignment to strategic organisational goals
- Leverage a flexible solution that supports different processes depending on unique needs
- Foster the ability to provide appropriate pay for performance with an integrated compensation solution
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