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A talent management system is an integrated software which addresses to four main processes, i.e recruitment, performance, learning and development.
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Talent management software is technology that human resource management professionals use to manage employees as a competitive advantage.
Benefits of Talent Management • It helps the organization fulfill its vision with the help of efficient and promising talented people. • Talent management also assists the organization to build a talent pool comprising a list of talented people to meet future exigencies.
It makes the organization more competitive and progressive. • It paves the way for future leadership.
It helps automate the core processes and helps capture data for making better decisions. • Automates repetitive tasks like creating salaries thereby releasing time and resources for making strategies and more critical decisions.
Benefit for Organization • Enhances individual and group productivity and capacity to compete effectively in a complex and dynamic environment to achieve sustainable growth. • Assists in hiring quality workforce.
Establishes better match between jobs and skills. • Helps retain top talent thereby reducing the cost of hiring new recruits. • Helps in understanding the employees better.
Keeps employees engaged constructively. • Effective use of available man-hours. • Helps develop leaders for tomorrow within the organization.
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