Today, the estimated value of the HR software industry is at $14 billion, catering to all recruitment needs in talent, performance and benefits computation. While HR software has been around for decades, talent management is relatively a new shoot helping businesses strategize their hiring and retention for better.
A recent survey conducted by Capterra taken by 500 HR professionals explores the scope and ingenuity of the talent management software, and hindrances if any. Here we have reviewed their survey to help you with these key takeaways-.
Interestingly, 66% of the respondents admitted that talent management software had significant impact on their hiring process and they find it irreplaceable. However, the expectation is for greater impact on other processes by integration of newer features such as Mobile Accessibility, Personality and Aptitude Tests, Focus on Training/On-Boarding Process, Job-boards & Social Media Integration, Video Interviewing and Training, Gamified Performance Reviews & Training etc.
Where are you headed in the grand scheme of your organization’s Talent Management?
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