GroSum helps you manage employee performance through Reviews, 360 degree feedback & planning compensation - pay raise, bonus payouts etc.
GroSum is a cloud based Employee Performance Management solution.
With GroSum Performance Reviews, you can
1) configure Review process with timelines, automated alerts & reminders
2) set employee-wise review parameters with weights
3) choose from Industry standard Goal Libraries
4) set multi-level review & moderation
5) normalize ratings & grade employees
6) based on performance buckets
With GroSum 360 degree feedback, you can
1) let employees choose their 360 degree Feedback reviewers.
2) set feedback forms by departments & reviewer profile
3) seek feedback from Internal – Seniors, Juniors, Peers & External – Customers, Vendors & Partners
4) combine with a Performance review process or conduct Feedback independently
With GroSum Compensation Management, you can
1) set Pay Raise & Incentive budgets
2) get automatic recommendation of increment & payouts based on linear optimization
3) issue Increment/Promotion/Incentive letters as per configurable templates.
4) maintain employee wise compensation
5) structure with Incentive components
Which Performance Appraisal Style Suits Your Company?
GroSum - Feature List
1. S.No Module Feature Details Benefit Tags
1 Reviews
Configurable Process
Flow
Define process flow as per your requirements. Will you allow
employees to set goals? Can employees do self assessment? Do
you want reviews to be moderated? Depending on your policy,
you can set your review process flow.
Flexibility
2 Reviews
Multi Level Review &
Moderation
Set multiple reviewers per employee, with weightages depending
on level of involvement & importance. Set individual moderators
to audit review process.
Fairness, Transparency
3 Reviews Goal Templates
Maintain goal templates (set of goals) based on function & roles,
allowing for easy import at the time of reviews.
Organization
Alignment
4 Reviews
Customizable Review
Forms
Configure review forms, define sections and form fields as per
requirement. Set view rights to control who views what, can
provide inputs where, etc.
Flexibility
5 Reviews Grade & Score
Set grade conditions & scoring parameters, if goals are to be
rated.
Flexibility
6 Reviews Alerts & Notification
Auto email based alerts on initiation & closure of goal setting.
Auto reminders if process has not been completed before due
dates.
Automation, Time
Savings
7 Reviews
Role specific Goal
Setting
Employees can set different performance goals based on role &
functions they have played in the year for different reviewers.
Goals can be set at a department & organization level too for
these to be evaluated at the time of assessment.
Fairness,
Transparency,
Engagement,
Alignment
8 Reviews Goal Priorities
Goals can be set weightages based on it's priority in the
employee's job.
Flexibility
9 Reviews
Measurable Goals &
Targets
Goals can be set with targets, to be compared against actual
performance at the time of assessment. Rules can be set for auto
rating such goals.
Fairness, Transparency
10 Reviews Alerts & Notification
Auto email based alerts on initiation & closure of assessment.
Auto reminders if process has not been completed before due
dates.
Automation, Time
Savings
2. S.No Module Feature Details Benefit Tags
11 Reviews Self Assessment
Employees can do self assessment, if allowed by process,
providing inputs in the different form sections. On completion,
they can formally sign off to send form to Reviewer.
Engagement, Fairness,
Transparency
12 Reviews Reviewer Assessment
Reviewer can see employee's assessments and provide his/her
inputs in the different form sections. Reviewer can compare
within a set of employees to provide comparative inputs.
On completion, they can formally sign off.
Alignment, Relevance
13 Reviews Moderation
If Moderator is set, then he/she can view the inputs of both
employee & reviewer and audit for propriety & fairness. He/she
can also provide their overall inputs & formally sign off on
completion.
Fairness, Transparency
14 Reviews Acceptance & Sign off
The final step in the review requires employees to accept the
review inputs & sign off. Employees can choose to disagree with
reasons that will send the review form back to the Reviewer. Any
disagreement is automatically notified to HR & Moderators.
Fairness,
Transparency,
Engagement,
Alignment
15 Reviews Normalization
If goals are rated subjectively, then normalization helps to remove
bias in ratings of reviewers, thus providing standardized review
scores for employees.
Fairness, Transparency
16 Reviews Grading
If employees need to be ranked based on performance scores,
grading allows identification of top performers and laggards.
Automation, Time
Savings
17 Reviews Reports
Excel based reports on Goals & related ratings/inputs,
Development needs identified, Promotion recommendations etc
employee wise.
Automation, Time
Savings
18 Reviews Review Letters
Configurable PDF review letters based on outcome of process for
easy print out on letter heads or email directly to employees.
Automation, Time
Savings
19 360 Feedback
Multi Level Feedback
providers
Set feedback providers internally across Seniors, Juniors & Peers.
Allow for feedback from external parties - customers, partners,
vendors
Fairness, Transparency
3. S.No Module Feature Details Benefit Tags
20 360 Feedback
360 attributes by
Function & provider
Set attributes by function & provider profile to seek feedback on.
So, seniors can give feedback on specific attributes in HR
department, etc.
Fairness,
Transparency,
Engagement,
Alignment
21 360 Feedback
Customizable
Feedback Forms
Configure feedback forms, define sections and form fields as per
requirement. Set view rights to control who views what, can
provide inputs where, etc.
Organization
Alignment
22 360 Feedback Alerts & Notification
Auto email based alerts on initiation & closure of 360°
assessment. Auto reminders if process has not been completed
before due dates.
Automation, Time
Savings
23 360 Feedback
Internal Providers
Assessment
Internal providers (Seniors, Juniors, peers) can provide inputs in
the different feedback form sections. On completion, they can
formally sign off.
Engagement, Fairness,
Transparency
24 360 Feedback
External Providers
Assessment
External providers (customers, partners, vendors) are notified by
email. They can provide feedback on a secure web page without
requiring to login or sign up. On completion, they can sign off.
Engagement, Fairness,
Transparency
25 360 Feedback Reports
Excel based reports on Attributes & related ratings/inputs,
Comments, etc employee wise.
Automation, Time
Savings
26 Compensation Budgeting
Set salary budgets & average increments at an organization,
department or employee band level. Baseline against current
actuals.
Automation, Time
Savings
27 Compensation
Auto
Recommendations
Set rules for determining increments. Get auto recommendations
on what employee increment will be based on performance grade
& budget.
Automation, Time
Savings
28 Compensation Salary Finalization
Auto Salary structuring based on new CTC. Confirmation & sign
off on the effective from date.
Automation, Time
Savings
29 Compensation Budgeting
Set bonus budgets at an organization, department or employee
band level. Baseline against overall eligibility.
Automation, Time
Savings
30 Compensation
Auto
Recommendations
Set rules for determining bonus payouts. Get auto
recommendations on what employee bonus payout will be based
on performance grade & budget.
Automation, Time
Savings
4. S.No Module Feature Details Benefit Tags
31
Feedback &
Recommendations
Give Give feedback to any employee & set who can see the feedback.
Engagement,
Continuous
Improvement
32
Feedback &
Recommendations
Get Seek feedback from any employee about Self or someone else.
Engagement,
Continuous
Improvement
33
Feedback &
Recommendations
Share
Tag feedback received against performance goals & share
feedback with colleagues & reviewers.
Engagement,
Alignment
34
Feedback &
Recommendations
Auto Integration with
Reviews
Allow feedback to automatically show up at the time of reviews
against specific goals for quick reference & validation of
performance.
Fairness,
Transparency,
Engagement,
Alignment
35
Feedback &
Recommendations
Integration with
LinkedIn
Integrate with LinkedIn account to automatically make available
recommendations received. Tag recommendations with goals to
make appear at the time of reviews.
Fairness,
Transparency,
Engagement,
Alignment
36
Feedback &
Recommendations
Integration with eMail
Forward feedback/appreciation emails to your GroSum account
that will automatically show up in your repository.
Fairness,
Transparency,
Engagement,
Alignment
37 Analytics Dashboard & Reports
Performance Analytics on ratings - drill down to a goal and view
how employees have performed. Compare between departments
and check performance across parameters. Supported by excel
based reports.
Continuous
Improvement,
Automation, Time
Savings
38 Analytics Dashboard & Reports
Performance Analytics on ratings provided by type - Internal or
External. Drill down to an attribute level & compare to identify
areas for development & excellence. Supported by excel based
reports.
Continuous
Improvement,
Automation, Time
Savings