Published on September 1, 2025
4 min read
Performance Review Platform
Performance Review Platform is a type of software that helps organizations conduct and manage employee performance reviews. Performance Review Platform can include features such as goal setting, feedback collection, rating and ranking, development planning, and reporting. The purpose of Performance Review Platform is to improve employee performance, engagement, and retention, and to align employee goals and skills with organizational strategy and culture.cost of performance review platform
The cost of Performance Review Platform depends on several factors, such as the number and type of features, the number of users and employees, the level of customization and integration, the deployment model (cloud or on-premise), and the vendor and support options. According to various sources , the average cost of Performance Review Platform can range from $5 to over $50 per user per month.
Some examples of Performance Review Platform and their costs are:
• Lattice: Lattice is a cloud-based Performance Review Platform that offers features such as goal setting, feedback, reviews, recognition, engagement surveys, and analytics. The cost of Lattice starts from $9 per user per month for the Performance plan and $12 per user per month for the Engagement plan.
• 15Five: 15Five is a cloud-based Performance Review Platform that offers features such as goal setting, feedback, reviews, recognition, coaching, engagement surveys, and analytics. The cost of 15Five starts from $7 per user per month for the Basic plan and $14 per user per month for the Plus plan.
• Trakstar: Trakstar is a cloud-based Performance Review Platform that offers features such as goal setting, feedback, reviews, development planning, succession planning, and analytics. The cost of Trakstar starts from $8 per user per month for the Essentials plan and varies depending on the number and type of modules for the other plans.