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Profit.co

Performance Management

OKR and goal management platform with performance reviews and employee engagement features.

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Pros & Cons

Pros

    Cons

      Who Should Use This?

      Best For

        Not Ideal For

          Key Features

          OKR Management
          Performance Reviews
          1-on-1s
          Employee Engagement
          Task Management
          Analytics
          Free Resource

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          Numbers only (10-15 digits)

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          Quick Info

          Pricing
          Paid
          Company Size
          11-5051-200201-1000
          Industries
          TechnologyStartupProfessional Services
          Integrations
          SlackMicrosoft TeamsJiraAsanaGoogle WorkspaceZapier

          📋 Implementation Guide

          Step-by-step guide to implementing Performance Management software

          View Guide BelowOpen Full Guide Page
          Performance Management

          Implementing Performance Management Software

          Launch performance management software that employees will actually use.

          4-6 weeks
          Medium

          Implementation Steps

          Design your performance management approach before configuring software.

          Key Tips:
          • Decide on review frequency (annual, semi-annual, quarterly)
          • Choose review types (self, manager, 360, peer)
          • Define rating scales or qualitative approach
          • Align with company goals and OKRs
          • Get executive buy-in on process
          • Keep it simple - you can add complexity later

          Common Mistakes to Avoid

          • ×Making process too complex - leads to low completion rates
          • ×Not training managers on feedback skills - tool alone won't help
          • ×Launching during busy season - reviews become checkbox exercise
          • ×No accountability for completion - reviews get ignored
          • ×Rating scales without clear definitions - inconsistent ratings
          • ×Not showing value to employees - seen as HR busywork

          Best Practices

          • Start simple - add complexity only if needed
          • Focus on ongoing feedback, not just annual reviews
          • Make it conversational, not transactional
          • Tie reviews to development, not just ratings
          • Share positive feedback publicly when appropriate
          • Review completion should be a manager KPI
          • Continuously gather feedback and iterate
          • Celebrate great feedback examples

          Frequently Asked Questions About Profit.co

          Common questions about Profit.co, including pricing, features, integrations, and who should use it.