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Starting at $5–10 per person, per month depending on the size of your business, PerformYard is an excellent performance management platform that enables managers and employees to stay on top of their reviews and goals.
PerformYard is designed to sit alongside your existing HR platform, and it has several available add-ons to consolidate your package. Examples include Employee Engagement ($1–3 per person, per month) and Meetings ($2–4 per person, per month).
Backed by our own independent HR software research, this guide unpacks how much PerformYard costs and whether the platform is worth your money.
Key Takeaways
PerformYard costs between $5 and $10 per person, per month, depending on the size of your business.
The platform has several paid add-ons, including PerformYard AI ($1–$3 per person, per month), Employee Engagement ($1–$3 per person, per month), Meetings ($2–$4 per person, per month), or Surveys ($2–$4 per person, per month).
PerformYard offers unlimited employee training and a dedicated success manager to help you navigate the platform’s setup.
Alternative options include Performance Pro, which includes compensation and learning tools, or Eletive, which offers real-time employee insights.
Why Should You Trust Us? Our Research Methodology
Honed over years of market and user research, our research methodology measures each product against a rigorous evaluative framework.
Once the research team has gathered all of this information, it is handed over to our talented team of (human) writers, who turn it into the reviews and guides that you’ll find across our site. This is one of them.
For a full breakdown of how we research the best payroll products on the market, head to our methodology section.
PerformYard offers several performance management features, including review cycles, goal-setting, and feedback options, with an emphasis on helping businesses automate as many infrastructure and maintenance tasks as possible. It's flexible, allowing companies to build their own review templates and forms, and comes at a price point that should keep most customers satisfied.
- Performance Management: $5–10 per per person, per month
- PerformYard AI: $1–3 per person, per month
- Employee Engagement: $1–3 per person, per month
- Meetings: $2–4 per person, per month
- Surveys: $2–4 per person, per month
- Free demo available
Does PerformYard Have Any Hidden Costs or Fees?
No, PerformYard does not have any hidden fees, but it does have several available add-ons.
- PerformYard AI — $1–3 per person, per month
- Employee Engagement — $1–3 per person, per month
- Meetings — $2–4 per person, per month
- Surveys — $2–4 per person, per month
Pros
- Centralized dashboard lets key stakeholders stay on top of reviews cycles
- Excellent support options, including a dedicated success manager
- Modular pricing structure means you only pay for what you need
Cons
- Clunky interface can result in a steep learning curve
- Reporting options are limited, so it’s difficult to tailor evaluations
- Limited range of third-party integrations means platform isn’t very scalable
PerformYard Key Features
Now that I’ve broken down how much PerformYard costs, it’s time to deep dive into the key features of the platform.
Performance reviews
At PerformYard, reviews can be downward, upward, lateral, self, or external, while cycles can be customized to your liking. Once managers have launched a review, they can track employee progress via a live dashboard.
It’s easy to include existing feedback, assessments, or new employee goal performance metrics with your reviews. The software also supports 1:1s, quarterly check-ins, and exit interviews.
AI features
Opt for the PerformYard AI add-on ($1–3 per person, per month), and you’ll unlock a suite of tools for streamlining performance management processes.
For example, you can instantly summarize performance reviews, 1:1s, and other engagements, and the platform automatically recommends follow-up actions based on employee data.
Goal management
PerformYard can track a variety of business goals, including quantitative, qualitative, individual, team, and OKRs.
Employees can create their own goals, and view their progress towards them via a progress bar or dynamic chart. Each individual goal has a section for updates and peer feedback, and team goals can be shared in collaboration with other team members.
Meanwhile, managers can access all this data in a concise format that allows them to glean insights on the top performers.
Integrations
PerformYard integrates with HR software, such as BambooHR and ADP, and workplace platforms, including Google Suite, Office 365, Okta, and OneLogin.
Help and support options
PerformYard has excellent help and support options, including unlimited training sessions and a dedicated success manager for all customers.
You can also access an online support hub, through which users can submit tickets that will be answered within normal business hours during work days. Phone support is available during the same time period.
For users who prefer to self-serve, there’s also a knowledge hub available online.
What Are the Best Alternatives to PerformYard?
Alternatives to PerformYard include Performance Pro, which bundles compensation and learning tools into its core performance management offering.
Another option is Eletive, which offers real-time employee insights and greater scalability than PerformYard.
For a full list of alternatives, check out the table below.
| Starting price | Best for | Pros | Cons | Performance | Training | Recruiting | HR | Benefits | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FEATURED PROVIDER  |  |  |  |  |  |  | ||||
| Workday | BambooHR | Betterworks | Leapsome | 15Five | Engagedly | |||||
| Custom | $10 per employee, per month |
| Custom pricing | $4 per user, per month | $2/user/month | |||||
| Not yet accessed | Ease of use | Visual users | Goal-oriented teams | Mid-sized businesses | Coaching employees | AI-enhanced talent management | ||||
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Methodology: How Do We Compare HR Platforms?
We understand how important choosing the right software for your team is, and that’s why we go the extra mile when researching and reviewing the top providers.
First, we conduct an initial exploration to find the most relevant and useful platforms on the market. Then, we analyze their potential using a vigorous methodology that focuses on the concerns businesses care about the most, including the quality and quantity of features, entry price, average plan cost, presence of a free plan, user experience.
These findings then help determine each software’s overall potential, which businesses they are best suited for, and how they size up against the wider competition.
So much more goes into our research process, though. If you’d like to learn more about how we test and review products at Tech.co, you can learn more about our research here.
Verdict: Is PerformYard Worth the Money?
Yes, PerformYard is worth the money. For a relatively modest outlay, the platform lets you streamline your performance management processes, with some excellent AI enhancements to make things even easier.
While support hours are not 24/7, there’s still an excellent range of options available, with a dedicated success manager and unlimited employee training for every customer.
If you’re looking for more functionality, another great option is Performance Pro, which also includes compensation and learning tools.
Take a look at the PerformYard security policy for more information.
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