15Five vs Profit.co

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Our analysts compared 15Five vs Profit.co based on data from our 400+ point analysis of Performance Management Systems, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

15Five is a comprehensive software solution designed to streamline performance management and enhance employee engagement within organizations. Tailored for businesses of all sizes, it is particularly beneficial for companies looking to foster a culture of feedback and continuous growth. One of the key advantages of 15Five is its ability to facilitate effective communication between managers and their teams through features like goal setting, feedback, and recognition tools. This not only helps in aligning individual objectives with company goals but also in identifying areas for improvement and celebrating achievements. Compared to similar products, users often highlight 15Five's user-friendly interface and the actionable insights it provides as distinguishing factors. Pricing for 15Five varies based on the number of users and the level of functionality required, with payment typically structured on a per-user, per-month basis. This flexibility allows organizations to scale the solution according to their needs, making it a cost-effective option for performance management.

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Profit.co is a web-based performance management platform, also available for on-premise deployment. It focuses on talent advancement with OKRs, progress evaluations and employee check-ins with customizable workflows for project execution and task management. It provides pulse surveys, meetings, awards and recognition to improve employee engagement and workplace experience.
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$6/User, Monthly
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Tailored to your specific needs
$7/User, Monthly
Get a free price quote
Tailored to your specific needs
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Product Assistance

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Product Insights

Benefits
  • Responsive Data: Gain insight into the employee experience to better understand personnel needs and create better growth strategies. Support managers with built-in features to increase leadership abilities. 
  • Increased Engagement: Prompt personnel to offer vital feedback and concerns, amplifying employee engagement, which leads to satisfaction and higher retention across all departments. Offer 360° and multi-level feedback for a holistic approach. 
  • Procedural Focus: Save time with streamlined processes that translate feedback and concerns into actionable items for managers. Avoid forgotten tasks with a simplified feedback loop for all parties. 
  • Multi-Level Connectivity: Give employees, managers and administrators opportunities to connect and encourage each other, remotely or on site. Identify red flags in employee performance quickly and work alongside employees to find the best solution. 
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  • Enhanced Performance Tracking: Profit.co enables businesses to monitor employee performance in real-time, allowing for immediate recognition of achievements and swift identification of areas needing improvement.
  • Goal Alignment: It ensures that individual objectives are aligned with the company's strategic goals, fostering a unified direction and maximizing organizational synergy.
  • Streamlined Feedback Process: The software simplifies the feedback loop, making it easier for managers to provide constructive feedback and for employees to act on it, thereby fostering a culture of continuous improvement.
  • Increased Employee Engagement: By involving employees in the goal-setting process and providing clear metrics for success, Profit.co boosts motivation and engagement, leading to higher productivity levels.
  • Objective Performance Assessments: The platform's data-driven approach to performance management minimizes biases, ensuring fair and objective evaluations of employee performance.
  • Customizable Performance Reviews: Profit.co offers flexible review templates that can be tailored to meet the specific needs of different teams or departments, ensuring relevance and effectiveness.
  • Efficient Task Management: With its task management features, the software helps teams prioritize tasks, track progress, and meet deadlines, enhancing overall productivity.
  • Strategic Decision Making: The insights generated by Profit.co empower leaders to make informed strategic decisions, optimizing resource allocation and driving business growth.
  • Improved Communication: By centralizing performance data and goals, the platform facilitates better communication among team members, ensuring everyone is on the same page.
  • Robust Analytics and Reporting: Profit.co provides comprehensive analytics and reporting tools, offering deep insights into performance trends and helping identify opportunities for improvement.
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  • Engagement Surveys: Measure employee growth, productivity and satisfaction with accurate quantitative surveys. Choose from 30 templates with more than 100 question options to craft a survey that fits any company or employee group. 
  • Science-Backed Performance Growth: Uncover insightful data-driven strategies with the platform’s Full Potential Index, a measurement of a maximized employee, group and company. Extrapolate trends and employee insights to create strategies for quantifiable growth on the Full Potential Index. 
  • Supportive Engagement: Offer feedback and celebration with digital High Fives. Establish a public or private recognition strategy for remote and on-site employees, or send an external High Five beyond company scope. 
    • Feedback Opportunities: Increase communication with check-ins and allow employees to raise concerns as well as celebrate successes. 
  • Improved Assessments: Bypass traditional self- and- manager assessments with the Best-Self Review. Focus on strengths and growth areas with quarterly or semi-annually distributed Competency Assessments. 
  • Feedback Initiation: Allow employees to send digital requests to administrators. Specify the type and timing of actionable feedback with positive, constructive and mixed prompts. 
  • Weekly Check-Ins: Schedule two-step, 15-minute check-ins to be completed weekly by employees. Take action with in-app follow-ups, performance reviews, future agendas and at-risk tracking. 
  • Individual Focus: Organize guided 1-on-1s between employees and administrators with templates, talking points and action items to be covered together. Record notes and create OKR action items as managers facilitate discussions. 
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  • Meeting Support: Conduct one-on-one and team meetings to check progress and address issues with editable agendas. Avoid scheduling conflicts by comparing availability, assigning users and automating recurring meetings. 
  • Recognition Scoreboards: Drive healthy competition with leaderboards to display rewards, badges and points. Reward top performers and improve engagement by posting comments and congratulating peers for work accomplishments. 
  • Performance Reviews: Generate 360-degree assessments with self-evaluation tests, manager evaluations and peer reviews. Assign secondary reviewers, performance scores and manager ratings to eliminate subjectivity. 
  • Goals Management: Add OKRs to projects with preset visibility, target dates and performance indicators to measure productivity. Review departmental heat maps and progress percentages to track ongoing progress and goals alignment. 
  • Activity Tracking: Manage boards containing lists to streamline tasks. Let team members move assigned cards through different queues to change activity status. 
  • Multi-Device Compatibility: View dashboards, monitor updates and receive alerts on mobile devices. Display performance data on desktops, TV screens and tablets during meetings. 
  • Integrations: Bundle with productivity apps, office tools and communication platforms. Integrate existing HRIS with single sign-in authentication and run multiple platforms with full context. 
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Product Ranking

#37

among all
Performance Management Systems

#125

among all
Performance Management Systems

Find out who the leaders are

Analyst Rating Summary

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Employee Check-ins Management
Employee Recognition
Mobile Capabilities
Review and Feedback Management
Talent Management
Platform Capabilities
Goal Management
Review and Feedback Management
Integrations and Extensibility

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

15Five
Profit.co
+ Add Product + Add Product
1-on-1s 360 Degree Performance Review AI-based Capabilities Dashboard And Reporting Employee Check-ins Management Employee Recognition Employee Surveys Goal Management Mobile Capabilities Platform Capabilities Review And Feedback Management Talent Management 83 88 40 57 100 100 98 86 100 97 100 100 83 69 20 57 80 36 83 95 75 100 92 63 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

85%
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User Sentiment Summary

Excellent User Sentiment 867 reviews
Excellent User Sentiment 271 reviews
95%
of users recommend this product

15Five has a 'excellent' User Satisfaction Rating of 95% when considering 867 user reviews from 2 recognized software review sites.

98%
of users recommend this product

Profit.co has a 'excellent' User Satisfaction Rating of 98% when considering 271 user reviews from 2 recognized software review sites.

5.0 (14)
n/a
4.74 (853)
4.85 (130)
n/a
4.9 (141)

Awards

SelectHub research analysts have evaluated 15Five and concluded it deserves the award for the Best Overall Performance Management Systems available today and earns best-in-class honors for Employee Check-ins Management, Employee Recognition, Mobile Capabilities, Review and Feedback Management, Talent Management and Integrations and Extensibility. 15Five stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

Analysts' Pick Award
User Favorite Award
Employee Check-ins Management Award
Employee Recognition Award
Mobile Capabilities Award
Review and Feedback Management Award
Talent Management Award
Integrations and Extensibility Award

SelectHub research analysts have evaluated Profit.co and concluded it earns best-in-class honors for Platform Capabilities. Profit.co stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Platform Capabilities Award

Synopsis of User Ratings and Reviews

Promotes Regular Feedback: The platform encourages consistent communication between managers and their team members through features like weekly check-ins and pulse surveys, which helps to identify and address issues promptly.
Streamlines Performance Reviews: 15Five simplifies the performance review process by providing tools for goal setting, progress tracking, and feedback delivery, making it more efficient and less time-consuming for both managers and employees.
Enhances Employee Engagement: The platform's focus on continuous feedback and recognition helps employees feel valued and connected to their work, leading to increased engagement and motivation.
Provides Valuable Insights: 15Five offers reporting and analytics features that give managers insights into team performance, engagement levels, and potential areas for improvement.
Supports Goal Alignment: The platform allows for clear goal setting and tracking, ensuring that individual and team goals are aligned with overall company objectives.
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Balanced Approach: Profit.co offers a balanced approach to performance management, combining traditional performance reviews with continuous feedback and development. This allows for a more holistic view of employee performance and helps to identify areas where employees need support.
Goal Management: The platform provides robust goal management features, allowing users to set, track, and manage goals at individual, team, and organizational levels. This helps to ensure that everyone is working towards the same objectives and that progress is being made.
Customizable: Profit.co is highly customizable, allowing organizations to tailor the platform to their specific needs. This includes the ability to create custom performance review templates, set up different goal types, and configure workflows to match existing processes.
User-Friendly Interface: The platform has a user-friendly interface that is easy to navigate and use. This makes it easy for employees and managers to adopt the platform and get the most out of its features.
Integrations: Profit.co integrates with a variety of other business applications, such as HRIS, payroll, and learning management systems. This helps to streamline processes and improve data accuracy.
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Limited Customization: The platform's rigid structure might not accommodate the diverse needs of all organizations, especially those with unique performance review processes or industry-specific requirements.
Learning Curve: Users accustomed to traditional performance management systems might find 15Five's approach and interface to be unfamiliar, requiring additional time and effort to adapt.
Integrations: The platform's compatibility with existing HR and payroll systems could be a concern for organizations seeking seamless data integration and workflow automation.
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Steep Learning Curve: The platform's extensive features and functionalities can overwhelm new users, leading to a prolonged onboarding process and potential frustration.
Customization Challenges: Profit.co's emphasis on OKRs might not align well with organizations seeking a more flexible performance management system.
Integrations: Profit.co's integrations with other HR and business tools may be limited compared to other performance management platforms, potentially hindering seamless data flow and workflow automation.
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Navigating the sea of performance management software can feel overwhelming, but 15Five emerges as a compelling option with a range of features designed to streamline the employee evaluation process. Let's dive into how users over the past year have weighed in on 15Five's strengths, weaknesses, and unique offerings. 15Five receives consistent praise for its user-friendly interface, making it accessible for both managers and employees. The platform's versatility shines through its ability to adapt to various organizational needs, whether it's setting goals, tracking OKRs, or facilitating regular check-ins. Users appreciate the seamless integration with popular HRIS tools like ADP and Workday, as well as productivity apps such as Slack and Microsoft Teams. Affordability is another advantage, with pricing plans that cater to businesses of all sizes. However, some users note that the initial setup can be time-consuming, and mastering all the features may require a learning curve. In comparison to competitors like Lattice and BambooHR, 15Five stands out with its emphasis on continuous feedback and employee engagement. Features like "High Fives" for peer recognition and pulse surveys for gauging sentiment contribute to a culture of open communication and appreciation. The platform's focus on objectives and key results (OKRs) aligns individual goals with broader company objectives, fostering a sense of purpose and direction. 15Five is particularly well-suited for organizations that prioritize regular feedback, goal alignment, and employee engagement. Its intuitive design and comprehensive features make it a valuable tool for businesses seeking to cultivate a thriving and high-performing workforce.

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Profit.co appears to be a popular choice among businesses seeking a comprehensive platform to manage OKRs, employee engagement, and performance reviews. Users frequently highlight its user-friendly interface and intuitive design, making it easy for both administrators and employees to navigate and utilize its features effectively. The platform's flexibility is also a significant advantage, as it allows for customization to align with specific organizational structures and workflows. Profit.co's ability to integrate with various third-party applications, such as HRIS and project management tools, further enhances its value proposition by streamlining data flow and reducing manual effort. While Profit.co receives positive feedback for its core functionalities, some users note that certain advanced features, such as reporting and analytics, could benefit from further development to provide more in-depth insights and data visualization options. Additionally, while the platform offers a mobile app, its functionality is somewhat limited compared to the web-based version, which may pose challenges for users who require on-the-go access. Profit.co's emphasis on OKR management, coupled with its performance review and employee engagement modules, positions it as a suitable solution for organizations that prioritize goal alignment, continuous feedback, and performance improvement. Its scalability and customizability make it adaptable to businesses of varying sizes and industries, particularly those seeking a holistic approach to performance management that fosters transparency and accountability.

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Screenshots

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