What users are saying about

15Five

6 Ratings
Score 8.3 out of 101

Carta (formerly eShares)

3 Ratings
Score 8.7 out of 101

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Likelihood to Recommend

15Five

15Five is well suited for businesses/groups that are transparent, and willing to share information. If an organization was not a place where information is freely shared, it would not be helpful. Although, it could improve the level of transparency, as members of the organization could have space where they feel comfortable to share information. There are several different privacy settings within the each 15Five, so users can choose what they want to share. Also, it's best to make sure you/your organization has the time to use 15Five. It can be time-consuming for users, but also for those reviewing employees 15Five. It can be a lot of information to sift through. However, the layout of the software is easy to engage with and digest, which is helpful! Additionally, it's important to share with the team how 15Five works, and why it's being utilized. Depending on the questions that are set up within the software, it would seem a bit invasive to some. However, if a clear expectation is set prior to use 15Five, this may not be an issue.

Carta (formerly eShares)

Carta has been sufficient so far. It seems pretty easy to use and our team has very little problems thus far. I would like to see an improved live chat response time. I'm still waiting for a response. Regardless, the experience has been satisfactory. Vesting schedules appear to be working properly.

Feature Rating Comparison

Performance and Goals

15Five
10.0
Carta (formerly eShares)
Corporate goal setting
15Five
10.0
Carta (formerly eShares)
Subordinate goal setting
15Five
10.0
Carta (formerly eShares)
Individual goal setting
15Five
10.0
Carta (formerly eShares)
Line-of sight-visibility
15Five
10.0
Carta (formerly eShares)
Performance tracking
15Five
10.0
Carta (formerly eShares)

Performance Management

15Five
9.1
Carta (formerly eShares)
Performance plans
15Five
10.0
Carta (formerly eShares)
Review status tracking
15Five
10.0
Carta (formerly eShares)
Rater nomination workflow
15Five
10.0
Carta (formerly eShares)
Review reminders
15Five
10.0
Carta (formerly eShares)
Workflow restrictions
15Five
7.0
Carta (formerly eShares)
Multiple review frequency
15Five
7.0
Carta (formerly eShares)
Reporting
15Five
10.0
Carta (formerly eShares)

Pros

  • Goals/To-do lists: 15Five is a great tool for creating to do lists or establishing goals for the week. Employees can add them easily, and check them off when completed. For me, this has provided a helpful visual of what needs to be accomplished that week.
  • It's easy to send information out to anyone in the organization - tagging individuals or @all is an easy way to share information within the platform. Our president is a big fan of 15Five, and she has utilized it as a way to disseminate information throughout our organization. Information can be uploaded in an easy-to-read, easy-to-access manner.
  • Reminders - it's easy to set up reminders within the program, to ensure employees are completing their portion. As an employee, the reminders are helpful in encouraging completion.
  • Customizable questions - direct supports/supervisors can set up different questions to be asked of employees from week to week. This is helpful if there are questions that are needed to be asked weekly, monthly, quarterly, or yearly. Being able to change questions regularly is great.
  • Carta tracks my vesting schedule.
  • Carta allows for me to know how many shares I have.
  • Carta is unintrusive. They don't spam me with notifications.

Cons

  • Although I mentioned customization as a positive aspect, it could use some improvements. The backend process of updating the questions, and setting them to a certain schedule, can be a bit confusing. This process could be streamlined.
  • The commenting process can be a bit confusing. If a person is tagged/mentioned in a comment, they are typically sent an email notifying them. However, it can be difficult to locate where you can reply and continue the conversation. Although a simple issue, it seems it could be easily rectified.
  • I would like to see more integration of the team portion of 15Five. It seems this feature is not as prominent, so you can easily get stuck in just your specific 15Five information.
  • Their live chat team takes a while to respond. They could improve their response times.
  • Their support team is okay...

Alternatives Considered

15Five is the first performance management system I have utilized.
I have no experience using other web-based ESO software

Return on Investment

  • 15Five has positively impacted the information provided to our leadership team. Our direct supports feel more connected to their department and are able to resolve issues as they arise, or even beforehand.
  • It has provided a positive impact on the 'kudos' or positive reinforcement our employees can provide to one another.
  • We have a solution for employee stock options that is completely cloud-based.
  • We can easily see vesting schedules.
  • I can only assume this product helps out our HR team greatly in setting stock option expectations.

Pricing Details

15Five

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Carta (formerly eShares)

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details