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The Essential Features in a Talent Management Solution

By HR Tech Outlook | Thursday, July 30, 2020

Talent acquisition is the process of sourcing, interviewing, recruiting, and hiring talent. Any HR professional or recruiter responsible for recruiting knows that Applicant Tracking System can improve the effectiveness of this department.

Fremont, CA: Talent management software is used by HR professionals to manage employees in order to gain a competitive advantage. The main purpose of talent management software is to help organizations and companies manage their current employees, from performance management to benefits.

Let us look at some must have features in a talent management solution: Top 10 Employee Engagement Solution Companies - 2020

Talent Acquisition

Talent acquisition is the process of sourcing, interviewing, recruiting, and hiring talent. Any HR professional or recruiter responsible for recruiting knows that Applicant Tracking System can improve the effectiveness of this department. Hence, it is essential to find out the integration in the entire talent management platform, smart forms, easy recordkeeping, and compliant records. The best talent management systems should include features that make facilitate the overall acquisition process.

Employee Lifecycle Management

Employee Lifecycle management, also known as “employee tracking,” is the most rudimentary feature in talent management software. The employee lifecycle starts from the first working day of an employee at a company. When employees are going through the learning phase, they are in the onboarding stage. After that, they step into employee development as they get settled with their job roles. At last, when employees are about to move on from the company, they enter the termination or transitional phase. Therefore, lifecycle management is a necessary feature to include in talent management software so that it can be easier to track employees in all stages of their lifecycle.

Succession Planning

Succession planning helps HR pros follow an employee’s career in the company as it comes to an end, including offboarding and identifying a replacement to take over the emptied position. Some of the more advanced succession planning features also enable HR to track a replacement’s onboarding process as they take over the job role.

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