With only 23% of employees feeling actively engaged, increasing employee engagement and performance levels is crucial for any organization's success. This is where 15Five steps in as a leading platform in employee performance management.

Our 15Five review examines its key features, advantages and disadvantages, pricing options, and who it's best for. Keep reading to discover if this platform can transform your methods for managing performance and facilitating employee development.

About 15Five

15Five is a performance management software designed to supplement HR teams, managers, and employees in achieving individual and team success. The platform focuses on boosting employee engagement through surveys to gauge employees' perceptions of the workplace environment. Based on the feedback, organizations can set objectives and key results (OKRs) to improve workplace culture or morale.

The software also promotes employee growth with tools for manager-led guidance and self-guidance to help employees reach their career goals. Roles can be clearly defined for each individual, one-on-one performance reviews can be organized, objectives set, and progress tracked. 

A unique feature is the ability for employees to give "high fives" digitally, allowing peers to show appreciation for outstanding work or efforts. These recognitions are publicly displayed within the app for the entire company to see.

Top Features Of 15Five

Engagement Surveys

15Five’s engagement surveys are a simple and effective way to find out how engaged your employees are.  Your employees can complete a survey on any device in just a few minutes, and you can view precise analytics based on their responses. As a result, you can make data-informed decisions to improve your work environment. 

Using this feature, you ensure your employees' voices are heard, making them feel valued and boosting performance and morale. Here’s what you get:

• Custom assessments

• 6-minute engagement surveys

• Dynamic heatmaps

• Action plan dashboard

• Filterable data breakdowns

The 6-minute engagement surveys quickly gather feedback from your team, showing how happy and engaged they are at work. These scientifically validated surveys give you reliable insights into employee satisfaction and motivation. 

You can compare your results with industry standards using benchmarking to stay competitive in attracting and retaining top talent.

Performance Management

15Five offers an excellent way to track each employee's performance. You'll get access to templates for self, manager-led, and peer reviews. This feature also includes:

• Performance reviews with 360-degree feedback

• Objectives and key results (OKRs) and goal management with customized goal weighting

• Organization-wide tracking and management

• Slack, Teams, and Google Calendar Integrations

• 1-on-1 meeting agendas

• Recognition (high fives)

• Jira, Salesforce, Slack, Teams, and Google Calendar integrations

By leveraging the power of 15Five, organizations can nurture employee growth, boost productivity, and create a culture of continuous improvement.

HR Outcomes Dashboard

The HR Outcomes Dashboard is a comprehensive tool that analyzes engagement, performance, manager effectiveness, and turnover. It offers centralized data and filtering options, giving managers insights to make data-driven decisions. Here’s what the dashboard includes:

• Engagement, performance, manager effectiveness, and turnover analysis

• Centralized data and actionable metrics

• Group filtering and insights

• Human Resources Information System (HRIS) Integrations

• Recommended actions

The dashboard empowers you with actionable metrics and HRIS integrations for seamless operations, from engagement to turnover analysis.

Pricing

15Five offers three pricing plans to suit your needs. 

Engage Plan ($4 per user per month - billed annually)

With the Engage Plan, you can access valuable tools to measure and improve employee engagement. The plan allows you to customize assessments to focus on specific engagement aspects, providing actionable insights. Here’s what it includes:

• 6-minute Engagement Surveys

• Benchmarking

• Action plan dashboard

• Available Insights briefing and strategic planning

Perform Plan ($10 per user per month - billed annually) 

Performance management is essential for business growth and employee development. The Perform Plan gives you the tools to understand your team's strengths and areas for improvement. Here’s what the plan offers:

• 360º feedback

• Competencies

• Calibrations

• Talent Matrix

• Career Paths & Plans

• HRIS Integrations

Total Platform Plan ($16 per user per month - billed annually)

If you want to become more effective and succeed, the Total Platform Plan is your top choice. With this plan, you can spot areas for improvement and improve team dynamics by looking at meaningful engagement and performance data. It provides access to all the features that come with the Engage and Perform plans, plus the following:

• Engagement, Performance, Manager Effectiveness, and Turnover Analysis

• Centralized data and actionable metrics

• Measure and assess the manager’s skills and behaviors impact on business-critical outcomes

• Custom weighting and assessment

  
  

Pros And Cons Of 15Five

By exploring the pros and cons, you'll get valuable insight into what it's like working with 15Five. 

Pros

• Weekly check-ins and rhythms: 15Five offers a feature for employees to check in on a weekly basis, ensuring regular communication and updates on tasks and progress.

• Encouraging others through high fives: This feature allows employees to recognize and appreciate their peers for their achievements, fostering a positive work environment.

• OKR ease of use: Objectives and Key Results (OKRs) are easily set and tracked, simplifying the goal-setting process.

• Reminders of weekly goals: The system sends reminders about weekly objectives, which helps make sure tasks don't fall through the cracks.

• Allows employees to express concerns and needs on a weekly basis: Employees have a platform to voice their concerns, ensuring that you can address any issues promptly.

Cons

• Difficulty in setting up annual performance reviews: Some users found it challenging to set up yearly reviews, especially concerning privacy settings.

• New tools need refinement: Features, like requesting feedback, need further development for optimal use.

• Objectives feature: The process of setting objectives could be more user-friendly.

• Overwhelming feature set: With many added features, a clearer overview or tutorial might be beneficial.

• Goal-setting functionality: Additional features, like a timeline for tracking goals, could enhance the goal-setting process.

  
  

Who Is 15Five Best For?

15Five best suits employers, HR teams, and managers who prioritize employee growth, regular feedback, and data-driven decision-making. With user-friendly engagement surveys and performance tracking features, HR professionals can gain valuable insights into employee satisfaction and motivation, fostering a positive and engaged workforce.

This platform particularly benefits small- to medium-sized businesses seeking cost-effective employee management and development solutions. Companies with remote or distributed teams can leverage 15Five's cloud-based platform and mobile apps to ensure seamless communication and collaboration.

Key Takeaways

15Five stands out as a powerful ally in employee performance management. With its user-friendly engagement surveys, performance tracking, and goal-setting capabilities, the platform streamlines the process of understanding, nurturing, and rewarding employee growth and development.

To further positively impact employee engagement, performance, and overall organizational success, team up with an employee gifting and rewards platform like PerkUp to truly show your appreciation for your employees and recognize their hard work. 

With over 1,000 gift offerings from PerkUp, rewards can be tailored to suit each employee's preferences and demographics. So whether it's gift cards, discounts, or experiences, everyone will feel valued. Book a demo today to try it for yourself.