For over 4o years, Redwire has been a leading provider of commercial and home security systems in Florida, south Georgia, and south Alabama. They provide fully-integrated intrusion detection, access control, video surveillance, and fire detection solutions for commercial, governmental, institutional, and residential clients. The company is based in Tallahassee, Florida and has over 200 employees.
Challenges before Trakstar
Like many large organizations, Redwire struggled to complete performance reviews for all employees in a timely manner. Some managers continued to miss deadlines year-after-year and HR was tasked with constantly following up with reminders. It was also difficult for the human resources team to track which employees were still awaiting their performance evaluation and where the evaluation was stuck in their individual processes.
Redwire implemented Trakstar and drastically decreased the average number of days to complete an annual review cycle:
- Prior to using Trakstar: 145 days
- Year 1 of using Trakstar: 46 days
- Year 2 of using Trakstar: 31 days
How did they go from taking nearly 5 months to complete performance reviews to evaluating all 200+ employees in a single month? The solution was Trakstar.
The benefits of Trakstar
Trakstar is designed to help organizations automate performance reviews. The time saved allows managers to better evaluate direct reports and have more productive conversations about performance. Here are a few of the benefits Trakstar offers:
- Automated email notifications remind managers to complete reviews.
- An admin dashboard shows the number of outstanding reviews.
- Employee goals result in personalized performance reviews.
- Flexible reporting optimizes future performance reviews.
- A performance check-in questionnaire leads to frequent feedback from managers.
Redwire took advantage of all these features to streamline and improve its performance review process.
More about Trakstar
Trakstar is more than just a performance management solution. We also offer Trakstar Engagement which includes pre-built surveys on the various topics that impact employee productivity and happiness. Our reporting feature helps admins identify trends and correct the issues affecting employee engagement across the workforce.
Additionally, Trakstar Succession Planning helps organizations identify future leaders. Managers evaluate employees on both their current performance and management potential. Results are plotted across a 9-box grid that displays the employees who should be prioritized for career advancement and the employees who need to improve before they can be promoted.