Compensation Planning Software That Connects Pay to Performance
PerformYard compensation planning software lets HR teams run streamlined, budget-aligned compensation cycles. Managers make recommendations, leadership signs off, and everyone has access to employee performance data.
Streamline Your Compensation Cycles
Eliminate the Comp Cycle Scramble
PerformYard replaces spreadsheets and email threads with a single compensation workflow. You can route pay decisions for approval, send reminders, and track every change from proposal to sign-off.
Data-Driven Pay, Not Guesswork
Give managers a real budget and their team's performance history side by side, so raises are merit-based and budget-aligned across the organization.
Run Any Comp Cycle Your Way
Raises, promotions, off-cycle adjustments: design the compensation process that fits your organization, with the flexibility and support to run sign-offs your way.
Run Any Review Process
PerformYard has everything we need to run our performance process and is very easy to use. It’s enabling our performance program while we grow rapidly, helping us scale effectively.
One of our owners told me that PerformYard’s style and design have employees actually being thoughtful about the completion of their reviews and engaged in the process. That's a win!
It’s so easy to set up a review cycle, send it out, have our employees fill it out, and track who has completed their form and who still needs to finish.
Since using PerformYard, our employee evaluation and review process has gone from a time-consuming and stressful task to an easy and manageable routine.
Run Data-Driven Comp Cycles
PerformYard pulls review scores, goal results, and continuous feedback into your compensation planning, so all raise recommendations start from one source of truth instead of scattered spreadsheets.
Your whole team can connect pay decisions with performance data, so every raise is merit-based, consistent across the organization, and easy to explain.
Let PerformYard Do Your Managers' Prep Work
PerformYard does the prep work so managers can do the people work. Each manager sees performance and pay data for the people they oversee, and the budget they control. Manager pay recommendations roll up for HR and leadership automated approval workflows.
The cycle moves forward on its own, without anyone having to chase spreadsheets or email threads.
Stay Within Budget and Pay Bands
Set merit-based budget pools up front, then let your compensation planning software enforce them as managers make recommendations.
Comp-ratio, range penetration, and budget usage update in real time, so HR catches outliers early and keeps pay outcomes consistent across the organization.
Integrate With Your Payroll and HRIS
PerformYard connects with the HR systems you already use, so salaries, job titles, and effective dates stay accurate throughout the cycle. When recommendations are approved, finalized amounts are ready to flow back to your system of record without double entry.
Your Complete Performance and Development Toolkit
Performance Reviews
Run Performance Reviews That Actually Drive Growth
- Employee appraisals
- 360 degree feedback
- Quarterly check-ins
- Annual reviews
- Project-based reviews
- Review cycles built around your timeline
- One-on-ones
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PerformYard AI
Tell the Platform What You Want
- Build review forms through conversation
- Create goals by chatting, not clicking
- Generate any report from a plain-language request
- AI summaries of reviews, meetings, and cycles
Goal Management
Set Goals People Actually Follow Through On
- Individual, team, and company goals
- Cascading and aligned objectives
- Progress check-ins and updates
- Goals tied directly into reviews
Continuous Feedback
Make Feedback a Habit, Not an Event
- Real-time recognition and feedback
- Public or private visibility options
- Feedback that feeds review cycles
- Simple enough that people actually use it
Reporting & Analytics
Turn Performance Data Into Decisions
- Cycle completion and participation tracking
- Rating distributions and trend lines
- Nine-box and calibration views
- Exportable, shareable reports
Employee Engagement
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Know How Your People Are Really Doing
- Anonymous engagement surveys
- Benchmark and trend tracking
- Drill-downs by team and department
- Action planning from results
Meetings
Run One-on-Ones Worth Showing Up For
- Shared agendas and talking points
- Notes and action items in one place
- Ties into goals and feedback
- Meeting history at your fingertips
Surveys
Get Answers From Your Whole Org
- Custom surveys in minutes
- Anonymous or attributed responses
- Automated reminders
- Results reporting built in
Ask PerformYard AI
Put Your Performance Data to Work
- One intelligence layer, connected to your reviews, goals, meetings, and feedback
- Recommendations built from your data, in your company's context
- Meeting notes inform goals; review outcomes feed comp and growth plans
- Every cycle makes the next one smarter
Coaching
Insights that Find You
- Employee Insights: a complete view of each person's performance and development.
- Meetings Coach: Pre-meeting prep and post-meeting analysis
- Goal Quality Coach: Ensures every goal is aligned with your organization's philosophy.
- Review Feedback Coach
Compensation
Pay Decisions Backed by Performance Data
- Comp reviews connected to performance
- Transparent, defensible pay decisions
- Budget and approval workflows
- Merit cycles without the spreadsheets
Skills & Competencies
Give Every Employee a Blueprint for Growth
- Define competencies by role and level
- Assess skills in reviews and check-ins
- Show employees the path forward
- Career pathing built on real data
Frequently Asked Questions
What is compensation planning software?
Compensation planning software helps HR teams run merit, bonus, and salary-adjustment cycles in a structured, data-driven way. It replaces manual spreadsheets with workflows for budgeting, manager recommendations, approvals, and reporting — and when it's connected to performance data, it ensures pay decisions actually reflect employee performance.
How does PerformYard connect performance reviews to compensation decisions?
PerformYard brings review ratings, goal outcomes, and continuous feedback into the same platform where comp cycles are run. HR teams reference performance data alongside salary, compa-ratio, and band information when setting guidelines, and managers see relevant performance context as they make recommendations — so pay is merit-based, not guesswork.
Can HR set budgets and salary bands for merit and bonus cycles?
Yes. HR teams define merit pools, bonus pools, and salary bands at the start of a cycle, apply them to the appropriate groups, and let the platform enforce them as managers enter recommendations. Budget usage and range penetration update as the cycle progresses.
How are manager salary recommendations approved?
PerformYard supports multi-level approval workflows so recommendations roll up from manager to skip-level leader to HR. Automated notifications move each step forward, and HR retains visibility into where every recommendation stands — no chasing required.
Does PerformYard integrate with our payroll and HRIS systems?
Yes. PerformYard integrates with major HRIS and payroll platforms including ADP, Gusto, Office 365, and more, keeping employee data in sync so comp decisions are always based on accurate titles, salaries, and effective dates.
Can we run merit, bonus, and adjustment cycles in the same platform?
Yes. HR teams can configure multiple comp cycles — annual merit, spot bonuses, mid-year adjustments — each with their own budgets, guidelines, and approval paths, all inside PerformYard.
How does PerformYard support pay equity and fairness?
Yes. HR teams can configure multiple comp cycles — annual merit, spot bonuses, mid-year adjustments — each with their own budgets, guidelines, and approval paths, all inside PerformYard.
