Trakstar vs Performance Pro

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Our analysts compared Trakstar vs Performance Pro 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.

Trakstar Software Tool

Product Basics

Trakstar is a comprehensive software solution designed to streamline performance management processes for organizations. It is particularly well-suited for businesses seeking to enhance employee performance through regular feedback, goal setting, and performance appraisals. One of the key benefits of Trakstar is its ability to facilitate continuous performance monitoring, allowing managers to identify and address issues promptly. The software is renowned for its user-friendly interface and features such as 360-degree feedback, self-assessments, and customizable appraisal forms, which collectively contribute to a more engaged and motivated workforce. When compared to similar products, users often highlight Trakstar's robust analytics and reporting tools that provide valuable insights into team performance, aiding strategic decision-making. Pricing for Trakstar typically varies based on the size of the organization and the specific features required, with payment options usually structured on a per-user, per-month basis, making it a scalable choice for businesses of different sizes.
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Performance Pro is a cloud-based, all-in-one performance, compensation and learning management system that assists HR professionals to implement services from employee development to salary administration. It provides users with essential process automation, feedback facilitation, new hire learning programs and more. The platform is suitable for businesses of all sizes and across all industries.
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$4,370 Annually, Quote-Based
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Tailored to your specific needs
$2/Employee, Monthly
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Tailored to your specific needs
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Product Insights

  • Boost Efficiency: Consolidate all performance evaluation functionalities in a single place to boost efficiency. The system allows HR managers to complete performance review tasks in one place, saving them time to focus on other HR tasks that cannot be automated. 
  • Automate Process: Complete a variety of tasks with little effort from managers with the fully automated system. It streamlines the whole review process, reminding managers when to conduct a review. It automatically tracks goal progress. 
  • Reduce Bias: Help managers provide a holistic analysis of employee performance with accurate and unbiased data. 
  • Manage Employee Performance: Manage performance expectations, set and prioritize organizational goals and encourage real-time, unbiased feedback between the employees and managers. This helps users to measure employee performance with respect to the corporate objectives. 
  • Track Performance Reviews: Keep track of employee performance reviews, customize rating scales, competencies, questions to highlight the strengths of high-performing employees and equip them with the tools to perform better. 
  • Increase Employee Engagement:  Provide frequent feedback, conduct regular check-in meetings and recognize employee contributions towards the organization. Recognizing employees’ efforts help boost employee satisfaction, increases workforce productivity and aids in employee engagement and retention. 
  • Real-Time Dashboards:  Create real-time dashboards, drill-down into the specifics to unearth hidden trends and insights and segment results by groups or time period. It helps users to get a detailed view of the data and make smart, data-driven organizational decisions. 
  • Discover Future Leaders:  Discover future leaders with the ability to assess the entire workforce based on qualitative criteria such as the ability to lead, aspirations and long-term goals and engagement with the organization. With the essential training and mentorship, it’s easier for higher management to conduct succession planning with the existing staff. 
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  • More Customizable: Personalize learning paths, workflows, merit pay and more to align with organizational goals and ideals. 
  • Better Integrated System: Combine performance, compensation and learning management software to save valuable time and money by reducing the need to invest in multiple platforms. 
  • Monetized Employee Performance: Boost employee engagement and motivation by rewarding employees with monetary praise for exceptional performances, thus increasing productivity. 
  • Increased Workflow Capabilities: Use workflows to streamline processes, including performance reviews, which are readily available at any point in time. 
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  • Goal Management: Automate goal setting and online goal tracking to help managers set objectives that align with broader company targets. Both managers and employees can track progress towards achieving goals and can choose to receive email reminders of goal deadlines. 
  • Performance Evaluation: Managers can assess employee performance with evaluation tools. These tools include self-evaluation, performance review, 360-degree feedback and performance ranking report. It ensures the performance scoring is unbiased and objective with the rater bias report. 
  • Succession Management: Compare current employee performance to the potential performance to assist with future workforce planning and career development. It collects feedback and generates reports to provide managers with insights into workforce planning. 
  • Applicant Tracking System (ATS):  Recruiters can post jobs on social networking sites, job boards, career portals and the company’s website. The system can automate onboarding and exit management by providing e-signature capabilities. 
  • Reporting and Analytics: Real-time reporting and analytics provide managers with insights into employee performance to identify top performers. Users can run reports to assess performance history, performance ranking and other performance-based reports. 
  • Integration: The system integrates with a variety of other third-party solutions such as MS Office and G Suite. 
  • Configurable Workflows:  Users can define the business rules related to compensation models, compensation workflows, leave plans and benefits-related plans. Administrators can also set permission-based access levels for all types of users, including employees.  
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  • Performance Management:  
    • Pay For Performance: Grant monetary rewards as employees reach their goals using tools such as merit budget allocation, competitive salary data and automated merit increase modeling. 
    • Automation: Create multiple workflows to orchestrate evaluations, employee development and check-ins, customize definitions for ratings, competency and weightings and use single sign-on capabilities. 
    • Goal Management: Set workplace performance goals and track progress by receiving updates. Store and view goals in the goal library and repository. 
    • Feedback: Provide timely evaluations in between annual reviews using real-time feedback tools and 360 views. Keep up to date with reviews by receiving check-in reminders and notifications. 
  • Compensation Management:  
    • Market Data: Attract top talent with credible salary data, salary grades and ranges and a step-by-step job evaluation process. 
    • Equal Pay: Capitalize on external market data, professional compensation consultants and internal salary range benchmarking to identify equal pay for equal work. Use market adjustments to structure compensation based on internal and external market factors. 
    • Merit Pay Modeling: Produce and compare merit paying models based on performances based on company budgets, allocations to managers and automated merit and bonus approvals. 
    • Pay For Performance: Classify top performers and potential flight risks using in-depth analytical tools. Create discretionary merit plans and plans that recognize head contributors. 
    • Automation: Automate job evaluation and benchmarking, merit scenario planning and annual salary updates to reduce the need for manual compensation processes. 
  • Learning Management:  
    • Career Development Plan: Develop employee skills along suitable learning paths based on current and future positions. Tailor training with specific courses and use knowledge retention tools to test and apply what employees have learned. 
    • Learning Program: Kickstart new hires into the business with customizable vision, mission and organizational culture lessons and learning paths to develop fundamental skills on products and services. Use assignment and tracking tools for required and role-based classes. 
    • Learning Content: Choose from over 1,000 courses from a library and select them based on skill areas such as HR, IT, sales and more. Personalize learning with the integrated course authoring system. 
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Product Ranking

#20

among all
Performance Management Systems

#3

among all
Performance Management Systems

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Analyst Rating Summary

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42
100
69
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360 Degree Performance Review
Employee Surveys
Platform Capabilities

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Trakstar
Performance Pro
+ 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 33 100 0 57 80 36 100 68 63 80 84 75 42 69 0 47 40 0 83 73 63 91 41 38 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

62%
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User Sentiment Summary

Great User Sentiment 715 reviews
Excellent User Sentiment 161 reviews
89%
of users recommend this product

Trakstar has a 'great' User Satisfaction Rating of 89% when considering 715 user reviews from 5 recognized software review sites.

90%
of users recommend this product

Performance Pro has a 'excellent' User Satisfaction Rating of 90% when considering 161 user reviews from 3 recognized software review sites.

5.0 (11)
n/a
4.3 (130)
4.6 (13)
4.5 (280)
n/a
4.4 (285)
4.5 (147)
4.0 (9)
4.0 (1)

Awards

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Performance Pro stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Performance Management: The solution has excellent performance management capabilities, according to 100% of users. It enables users to apply company-wide performance metrics and accumulate a history of appraisals over time to precisely measure and track employee performance.
Customer Support: According to 79% of users who reviewed this pro, the customer support representatives are knowledgeable, dedicated and responsive to user queries. The representatives show genuine interest in understanding customer problems.
Usability: About 89% of users who mentioned this pro said the solution is easy to use. It’s straightforward and offers immense flexibility. The layout is clean and easy to maneuver around.
Training: Regarding this feature, approximately 100% of users said that it provides excellent training options such as webinars, videos and guides for novice users.
Customization: According to 85% of users who reviewed this, it provides advanced customization capabilities. It enables users to customize the performance appraisal cycle, workflows and review forms.
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Streamlined Goal Setting: Performance Pro simplifies the process of setting goals and aligning them with organizational objectives, making it easier for managers and employees to track progress and measure success.
Enhanced Performance Reviews: The platform offers tools for conducting more effective performance reviews, including customizable templates, 360-degree feedback, and performance analytics, enabling managers to provide more meaningful feedback and development opportunities.
Improved Employee Engagement: Performance Pro fosters a culture of continuous feedback and development, which can lead to increased employee engagement and motivation.
Data-Driven Insights: The platform provides valuable data and insights into employee performance, allowing organizations to make more informed decisions about talent management.
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Calibration: The calibration feature is often seen as cumbersome and time-consuming, particularly for larger organizations with complex hierarchies. Users have expressed frustration with the manual effort required to ensure accurate calibration across different teams and departments.
Goal Management: Setting and tracking goals in Trakstar can feel rigid and inflexible to some users. The system's structure may not easily accommodate the dynamic nature of goals in certain industries or roles, leading to challenges in aligning individual and organizational objectives.
User Interface: The user interface of Trakstar has been described as outdated and clunky by some users. Navigating through the platform and finding specific information can be a slow and inefficient process, impacting user adoption and overall satisfaction.
Integrations: While Trakstar offers some integrations with other HR and business systems, the options may be limited for certain users. The lack of seamless integration with essential tools can create data silos and hinder workflow efficiency.
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Difficult to Use: Users have reported that the platform is not intuitive and requires extensive training to use effectively. This can lead to frustration and wasted time for HR staff and employees.
Limited Functionality: Some users have expressed disappointment with the limited functionality of Performance Pro, particularly in areas such as compensation management and succession planning. This can make it difficult for organizations to fully leverage the platform for their talent management needs.
Poor Customer Support: Several users have cited poor customer support as a major drawback of Performance Pro. They have reported long wait times, unhelpful responses, and a lack of follow-up from the support team.
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The solution is straightforward to use and offers advanced customization options to cater to dynamic user requirements. It allows users to customize the performance appraisal cycle, workflows and review forms. It enables users to send persistent notifications and reminders to the employees to remind them to take specific actions. The appraisal reports make it easier for the users to follow-up with the employees to ensure they complete appraisals on time. Users can leverage reports to track performance history and performance ratings. It has a responsive customer support team that responds within 24 hours. On the other hand, some users feel the solution lacks advanced reporting capabilities to generate custom reports.

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Is Performance Pro a real performance "pro"? Performance Pro is a customizable and automated performance management platform that helps businesses manage talent. It offers features like performance reviews, compensation management, and succession planning. Users praise its user-friendliness and customizability, particularly the ability to tailor content libraries with competencies and tools for meaningful feedback and goal setting. This empowers employees to take ownership of their professional development and aligns goals with strategic objectives, boosting performance and achievement across the organization. However, some users have pointed out limitations. They desire more robust reporting functionalities and integrations with other HR systems. Despite these drawbacks, Performance Pro stands out for its focus on driving employee development and aligning individual goals with organizational objectives. This makes it ideal for businesses prioritizing talent development and performance improvement. Its customizable features cater to various organizational needs and sizes, making it a versatile solution for businesses seeking to streamline performance management processes and foster a culture of continuous improvement.

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Screenshots

Top Alternatives in Performance Management Systems


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Performance Pro

Performly Intra

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Profit.co

Quantum Workplace

Reflektive

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