Talent Management Software

Get the best talent management software for your business. Compare product reviews, pricing below. Read our buyer’s guide for more help.

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SAP SuccessFactors Screenshot
SAP SuccessFactors
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SAP SuccessFactors is a human resource management solution in the cloud. The option provides one of the leading human capital management (HCM) suites that provides fully integrated: Core HR and payroll; Recruiting and onboarding; Learning and development…
Client OS
Web
Deployment
Cloud Hosted
Oracle HCM Cloud Screenshot
Oracle HCM Cloud delivers an end-to-end solution that allows HR admins to meet their changing business needs on a global scale—with advanced HCM controls, robust dashboards, and insightful analytics. The system helps create human experiences and…
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Web
Deployment
Cloud Hosted
Workday Screenshot
Workday
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Workday is enterprise software that provides financial management and human capital management functionality for companies across a variety of industries: Financial Services; Healthcare and Life Sciences; Higher Education; Manufacturing; Retail and…
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Starting Price
$100/year/user
Client OS
Web
Deployment
Cloud Hosted
Saba TalentSpace Screenshot
Saba TalentSpace
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Formerly Halogen, Saba TalentSpace transforms your company’s talent programs to create new value. Use this software to build a high-performance culture around your new and existing talent. With Saba TalentSpace, you can engage employees with a talent…
Client OS
Web
Deployment
Cloud Hosted
Paycom Screenshot
Paycom
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Paycom is an online payroll services and HR payroll software option that helps businesses streamline their employment processes from recruiting to retirement and everything in between. The Talent Acquisition, Time and Labor Management, Payroll, Talent…
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
BambooHR Screenshot
BambooHR
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BambooHR is a human resource software that lets you focus on the people in your organization from hiring, onboarding, preparing compensation, and improving their employee lifecycle. A single database helps you improve your organizatio but providing one…
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Starting Price
$6.19/month/employee
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
UltiPro Screenshot
UltiPro unites all aspects of HR, payroll, and talent management into a complete human capital management functionality. The cloud-based product suite is designed to simplify work people to every day, and identify employees at risk to leave the company…
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Ascentis HR Screenshot
Their software is wizard driven, giving you simple steps to automate complex processes. They automate communication, keeping managers in front of employees’ needs. They have 300+ reports within Ascentis HR, plus the ability to create unlimited custom…
Client OS
Windows
Deployment
Cloud Hosted
Glint Screenshot
Glint is a people success platform. utilizing talent management, employee engagement, and more, this software allows businesses to make themselves stronger by hiring and maintaining better employees. The Glint People Success Platform provides visibility…
Client OS
Web, iOS, Android
Deployment
Cloud Hosted
Workforce Central Suite Screenshot
Kronos Workforce Central addresses the total employee relationship with proven solutions for automating processes, engaging the workforce, and optimizing performance . The suite is the most comprehensive workforce management solution available from a…
Client OS
Windows, Web
Deployment
Cloud Hosted
Workforce Go! HCM Screenshot
Workforce Go! HCM is a simple way to recruit, retain, manage and grow your workforce. The Workforce Go! HCM” suite combines the power of workforce management and human capital management (HCM) in one unified cloud platform to help you manage your entire…
Client OS
Web
Deployment
Cloud Hosted
Criterion HCM Screenshot
Criterion is a modern HCM designed for mid-sized companies who seek a: Comprehensive HCM solution; Scalable solution to grow along with their company; Way to engage the entire organization in HCM processes; and Maximum flexibility and configurability…
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Starting Price
$5/month/user
Client OS
Web
Deployment
Cloud Hosted
Serenic HCM Screenshot
Human capital management payroll and human resource management solutions built on Microsoft Dynamics NAV, enables you to direct and execute your daily HR functions, track and analyze a wealth of employee information, and easily and accurately administer…
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Client OS
Windows
Deployment
Cloud Hosted
Epicor HCM Screenshot
Epicor Human Capital Management (HCM) software solution helps companies manage their workforce, improve human resource processes, and enhance employee satisfaction for greater efficiency and cost savings across the enterprise. Epicor HCM automates your HR…
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Client OS
Web, Windows
Deployment
Cloud Hosted
Vibe HCM Screenshot
Vibe HCM helps you connect, manage, engage, and inspire your employees through human resources and payroll capabilities. The software lets you recruit, onboard, communicate, handle payroll, develop talent, and provide analytics. Some common questions…
Client OS
Web
Deployment
Cloud Hosted
SilkRoad Onboarding Screenshot
Award-winning SilkRoad Onboarding has successfully transformed the new employee orientation process for tens of thousands of users. SilkRoad Onboarding continues to innovate to drive ever-greater employee engagement for organizations around the world…
Client OS
Deployment
Cloud Hosted
SimpleHR Screenshot
SimpleHR 2006 provides the functionality of a midsized HRIS (Human Resource Information System) at the price of an entry-level software package. Popular Features: SimpleHR supports the HR Administrators in their daily HR Tasks. This begins with reminders…
Client OS
Windows
Deployment
Cloud Hosted

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Talent Management Software Buyer’s Guide

What is Talent Management Software?

Talent management software is designed to make it easier for companies to attract and develop new talent while motivating and retaining existing employees. This solution covers the employee lifecycle from recruitment and initial onboarding to succession planning and final offboarding. The goal is to provide a company with workers who generate a large return on investment.

Part of human resource management (HR) solutions, talent management tends to focus more on recruitment, retention and motivation of high performing employees like HCM systems. However, unlike HR software, talent management is also designed to help the company itself by determining who should be promoted and how to develop succession plans.

SAP SuccessFactors
Handling applicants and onboarding with SAP SuccessFactors.

Features of Talent Management Software

  • Recruitment and talent acquisition: Post new jobs to popular employment sites and draw in the best possible talent to apply
  • Applicant tracking: Organize employee applications submitted online or in-person; compile applicant information for easy recollection and tracking during the hiring process
  • Onboarding and offboarding: Integrate new employees into the organization by familiarizing them with the client base and products/services offered; record results of drug tests, gather required tax information, and schedule initial training; correctly handle termination processes
  • Core HR processes: Keep information on basic employee data like hiring and start date, compensation benefits, vacation details, and more
  • Employee performance management: Tools to monitor and measure employee performance to show who is best contributing to your company
  • Time and attendance recording: Track daily or hourly employee clock-ins and clock-outs; track any out-of-office or away-from-desk hours
  • Employee analytics: Measure specific employee behaviors and track the results of their work in real-time and over a set work period
  • Performance reward/discipline programs: Establish a recognition system for employees who perform well, and create a structure for handling employees who are struggling or not contributing to the bottom line
  • Career development: Determine the best future for each employee based on the company’s bottom line and their own skill set
  • Compensation calculator: Accurately calculate bonuses and other types of compensation benefits for high performing employees
  • Exit interview recording: When an employee parts ways with your company, conduct a formal exit interview to determine what factors influenced their decision and what changes the company could make in the future
Saba TalentSpace
Set and monitor employee tasks with Saba TalentSpace.

Talent Management Benefits

There are several benefits businesses can enjoy if they use a talent management system:

Attract the Best New Talent

When your company is expanding, you want the best and the brightest to fill new labor roles. Talent management software includes recruitment and acquisition tools to help you reach out to the right people with the right skills. Set clear expectations for your candidates, like previous industry experience and education requirements.

One way to draw in the best talent is to promote all the employee benefits offered by your company. The better your incentive package, the more talented people will want to apply with your than your competitors.

Another tool included with talent management software is an applicant tracking system. This lets your recruiters keep tabs on all job candidates in one platform, no more juggling multiple resumes and misplacing physical applications.

BambooHR
BambooHR provides easy applicant tracking.

Promote a Healthy Work Culture

Of course, one of the easiest ways to attract new workers and hold on to existing talent is to promote a healthy work culture. Talent management software helps you establish your employer branding to attract the best possible employees and keep the ones you already have.

Your company’s brand will reflect the internal worker culture. If employees are not happy, your brand will suffer and you won’t be able to draw in new talent. Quarterly or annual performance reviews give employees the chance to provide feedback directly to your HR department or management team.

Increase Overall Employee Performance

No one wants to get lost in the shuffle of a repetitive 9-5 job. Once you have new and motivated talent, you can begin to enjoy more productive work by keeping them engaged. One way to improve employee engagement is to reward high performers with incentive programs or offer special bonuses for meeting quarterly goals.

A compensation management system within your talent management software lets you determine payroll changes from these benefits. You can even automate who receives bonuses based on pre-set performance metrics. In turn, this helps you avoid any possible HR conflicts from manually determining additional compensation.

Talent management solutions track worker performance so you can find areas of improvement. If you find consistent problem areas, learning management helps you control the development of your top talent by letting you set up training to address these issues. With a talent management learning and development program in place for new hires, you can ensure all your workers receive the same training.

UltiPro
UltiPro gives you control over time and attendance which can be used to measure performance.

Make Long-Term Succession Plans

A changeover in management can cause the entire company to dramatically transform. It doesn’t matter if a CEO is stepping down or a long-lasting manager is leaving. Having the right successors in place can assuage fears of unnecessary changes to the corporate structure.

A succession plan is made before an employee announces their plans to retire, resign, or otherwise leave your company. You’ll want a contingency plan in place well before any unexpected resignations or terminations.

How is Talent Management Different from General Human Resources?

Talent management services often fall into the realm of human resources (HR). Talent management software has more of an emphasis on keeping employees, especially those who offer long-term benefits to the company. With the right talent management solution, you can plan for the expansion of new departments and the replacement of retiring workers.

Human capital management (HCM) is another branch of HR which overlaps with talent management. However, HCM only focuses on recruiting and hiring new employees. There may be some performance management, though it is not necessarily included like it is with talent management software.

Additionally, employee management software focuses on monitoring the performance of existing employees and keeping up their productivity. While talent management offers some tools for rewarding and disciplining workers, it overall is focused on the entire recruiting, acquisition, hiring, and onboarding process. A full HR suite may include HCM, employee management, and talent management, though there are advantages to having separate software depending on the needs of your organization.

Glint
Use Glint software to review management performance and plan for succession.
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