15Five vs PiiQ by Cornerstone

• Organizes agendas for 1:1 meetings. Prior to 15Five, I kept a running list of notes, but I love that 15Five gives you the ability to add talking points to the 1:1 agenda and employees are able to do so as well. As we meet we can mark these off the list as we discuss them.
• Reminders and email notifications. We have it set up so that a 15Five should be completed weekly. The system automatically sends email reminders as the due date approaches.
• Ability to track company and team objectives/goals. When adding objectives into the system, you can assign them to a parent objective (company goal) to ensure you are on the right track with your goal setting and that it aligns with the business goals.

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• Enables employees to draft work goals and collaborate with their supervisors on a final version - improves mutual understanding right up front.
• Combines performance goal ratings with competency ratings and provides a blended score. Simplifies the goal weighting so you don't have to do any calculations.
• 9-box matrix provides useful definitions and descriptions so managers can prepare development notes or plans for individual employees.

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• While it is possible to generate custom reports based on historical data, the interface is not very robust. For instance, you cannot filter your reports based on, say, departments.

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• Would be good to have have a virtual "top level" (eg board) user built in to allow senior execs without a direct manager to be able to be set up with KPIs instead of having to create a dummy user
• Reports have difficulty downloading if pop ups disabled or in some browser environments
• When competencies are updated while a cycle is open, any changes don't effect that open cycle but only future ones. Would be nice to be able to have the option to apply changes to existing "open" cycles

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• 15Five is one of my favorite tools. It has allowed us to keep track of the general morale of the business and to address small issues before they became large issues
• It has also allowed us to streamline our review process, making everybody's life easier!

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• It's tool and it's only as good as the person wielding it. The investment in PiiQ was accompanied by a quarterly cadence and manager feedback training. We feel like our employees are given regular feedback and bonuses are tied to objective accomplishment.

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