Betterworks provides a performance management platform that integrates goal-setting, feedback, and analytics to enhance employee engagement and manager effectiveness. The solution enables organizations to align daily activities with business strategy, facilitating data-driven talent decisions and continuous performance enablement.
Funding
$161.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+3Founders
Product
Problem
Many organizations struggle to align employee activities with overall business strategy, hindering effective performance management and data-driven talent decisions. Traditional performance management systems often lack the tools to foster continuous feedback, meaningful conversations, and real-time goal alignment. This can lead to disengaged employees, ineffective managers, and ultimately, a disconnect between individual contributions and organizational objectives.
Solution
Betterworks offers an intelligent performance management platform designed to empower employees and enhance manager effectiveness by integrating goal-setting, continuous feedback, and advanced analytics. The platform enables organizations to connect daily tasks with strategic business objectives, facilitating data-driven talent decisions and continuous performance enablement. By harmonizing goal setting, conversation updates, and recognition directly into the tools teams use daily, Betterworks promotes continuous, in-the-moment performance enablement. AI capabilities embedded within the solution automate performance enablement tasks, allowing managers to focus on coaching and developing their employees.
Target Audience
Betterworks targets HR leaders and organizations seeking to improve employee engagement, enhance manager effectiveness, and make data-driven talent decisions.
Features
- Goal management tools to align individual and team objectives with company strategy.
- Continuous feedback mechanisms for ongoing performance insights and development.
- 1:1 meeting tools to facilitate effective manager-employee conversations.
- Employee engagement surveys and analytics to measure and improve workforce satisfaction.
- AI-powered performance insights to automate performance enablement and provide actionable recommendations.
- Calibration tools to ensure fair and consistent performance evaluations.
- Integration with existing HR systems and workflows.
- Advanced analytics and reporting for data-driven talent decisions.