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Trakstar

Performance Management

Performance management and appraisal software for businesses.

Overview

Trakstar Perform is a fully automated performance management system offering 360-degree feedback, self-assessments, customizable appraisal forms, and OKR goal management. The platform streamlines the entire review process with automatic reminders for managers, goal progress tracking, and native iOS/Android apps for on-the-go performance management.

Pros & Cons

Pros

  • Fully automated review process with manager reminders
  • Highly customizable to fit different organizational needs
  • Strong goal tracking and OKR alignment features
  • Native mobile apps for iOS and Android
  • Intuitive interface for most users
  • Responsive and helpful customer support during implementation

Cons

  • Organizational chart feature not user-friendly for larger orgs
  • Calibration feature cumbersome and time-consuming for enterprises
  • Some aspects less intuitive for administrators
  • Occasional bugs and manual processes reported
  • Slow support response times mentioned by some users

Who Should Use This?

Best For

  • Medium to large organizations needing automation
  • Companies committed to OKR methodology
  • Organizations wanting customizable performance processes
  • Teams needing mobile performance management access
  • Businesses prioritizing employee accountability

Not Ideal For

  • Very large enterprises with complex hierarchies
  • Organizations needing simple, lightweight solutions
  • Companies requiring advanced calibration features
  • Businesses seeking transparent, public pricing

Key Features

Performance Reviews
360 Feedback
Goal Setting
Continuous Feedback
Development Plans
Analytics

Implementation

Implementation includes setup support and training. Platform offers automated workflows to streamline adoption. Support staff assist throughout implementation process, though some customization may be complex.

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Quick Info

Pricing
Paid

Pricing starts at $4,370 annually with quote-based pricing. No publicly available pricing; requires contacting vendor for custom quotes based on usage, modules, and user count.

Company Size
51-200201-1000
Industries
All Industries
Integrations
BambooHRADPWorkdayNamely

📋 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 Trakstar

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