Published 15 Feb 2023

The Top 10 Performance Management Software for 2023

Learn about what performance management software is and how it can help your organization manage employee performance, improve productivity, and drive business success. Pick from our top 10 list to get you started in powering up a streamlined performance management system.

an employee and a manager using a performance management software during evaluation

What is a Performance Management Software?

A performance management software is a digital tool designed and used for managing, monitoring, and improving employee performance toward driving business success. This software helps leaders, managers, and employees easily track and implement initiatives and actionable insights from various levels: organizational, departmental, and individual.

Uses

While companies can use performance management software solutions quite differently, these are the common aspects where such a tool is most helpful:

Features

Top performance management software solutions must have these features:

  • Goal Setting
  • Check-ins
  • Automation & Workflows
  • Annual Evaluations
  • Development Plans
  • Analytics
  • Reporting
  • 360 Degree Feedback
  • Self-Evaluation

Choosing the Best Software

To help you choose the best performance management software, here’s a quick overview of our best 10:

  • Best Overall: SafetyCulture
  • Best for SMBs: Primalogik
  • Best for Organizations Seeking Modern Solutions: Lattice
  • Best for HR Leaders: 15Five
  • Best for Fast-Growing Companies: HiBob
  • Best for Medium-Sized Businesses: PerformYard
  • Best for Scale-Up Businesses: Leapsome
  • Best for Any Business Type: PeoplePerform by PeopleForce
  • Best for Growing Businesses: BambooHR
  • Best for Startups: Culture Amp

You may also use this table for the comparison of free version availability, pricing of paid plans, and mobile app capability:

Performance Management Software Free Version Paid Plan Mobile App
SafetyCulture Yes $19/month/10 users Yes
Primalogik None $159/user/month* No
Lattice None $11/person/month No
15Five None $8/user/month** Yes
HiBob None Details available upon request Yes
PerformYard None $5/user/month** No
Leapsome None $8/user/month*** No
PeoplePerform by PeopleForce None $125/month**** Yes
BambooHR None Details unavailable Yes
Culture Amp None Details unavailable No

* for a minimum of 3 months
** billed annually
*** modular pricing; billed annually
**** for 50 employees; package inclusive of PeopleHR and PeoplePerform only

Check out these ready-to-use performance management checklists that you can download, customize, and use in SafetyCulture for free:

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pat guevara safetyculture content specialist

SafetyCulture Content Specialist

Patricia Guevara

Patricia Guevara is a content writer and researcher for SafetyCulture. With her extensive content writing and copywriting experience, she creates high-quality content across a variety of relevant topics. She aims to promote workplace safety, operational excellence, and continuous improvement in her articles. She is passionate about communicating how technology can be used to streamline work processes, empowering companies to realize their business goals.

Patricia Guevara is a content writer and researcher for SafetyCulture. With her extensive content writing and copywriting experience, she creates high-quality content across a variety of relevant topics. She aims to promote workplace safety, operational excellence, and continuous improvement in her articles. She is passionate about communicating how technology can be used to streamline work processes, empowering companies to realize their business goals.