Learn why investing in a talent management strategy and solution is the most effective way to recruiting and retaining top talent employees.
Recruiting and retaining employees is arguably the most challenging process on which depends any corporation’s success, especially in a challenging global job market such as the one we are currently living in.
Successful employee management process guarantees employee retention and corporate growth, which is why talent management has become the latest popular buzzword and a key priority in all Human Resources (HR) departments.
Adopting a talent management strategy that aligns with business goals and strategic objectives will enable you to lead and help recruits, as well as revolutionize your industry’s business productivity and competitive advantage.
HOW EMPLOYEE MANAGEMENT PROCESS HAPPENS AND HOW IT CAN GO WRONG
The employee management process in any corporation is long and overwhelming.
At the beginning of the process, HR needs to advertise the job posting, which includes both content and decision on where to post. Subsequently, they have to manually check the numerous applications one by one and choose only a few that meet the job requirements.
Once HR selects the potential candidates, they need to come up with an appropriate test and review each result to determine which applicant is the most suitable for the vacancy.
More importantly, HR needs to make sure that all of the recruitment stages are done in a well-organized manner, or else they could lose important documents and information, or even confuse the vacancy requirements.
After interviewing the chosen applicants, HR must decide which applicants have the required background, skills, and qualifications to become a valuable addition to the company, before sending all documents to upper-management.
HOW TALENT MANAGEMENT SOLUTIONS SIMPLIFY AND OPTIMIZE THE EMPLOYEE MANAGEMENT PROCESS
Providing new, existing, and departing employees the best working experience is fundamental to a company’s success. That is why all corporations should invest in reinventing their employment lifecycles using intuitive, unified, and modern strategies driven by digital transformation solutions.
Typically, an ideal talent management lifecycle goes as follows:
- Announcing the job vacancy
After making sure the job description suits the company’s needs, HR can automatically link their posting with multiple portals. They can create a database of required skills and requirements, and provide candidates with a hiring process overview. This way, candidates know what they’re getting themselves into and whether they are suitable for the job position or not.
- Finding suitable candidates
After receiving different applications from potential applicants, a Human Resources Management system can automatically classify and rank applications by tracking, indexing, and categorizing the submitted applications, so that HR personnel could clearly compare the pre-qualifications and skills of the applicants.
- Assessing the potential candidates
Selecting the right employees is crucial as hiring unsuitable employees can have damaging effects on any enterprise. In order to avoid wrong employee hires, these hiring solutions can analyze the metadata of applications to pick up certain requirements. They can also analyze, and rate candidates and interview performance.
- Adopting a convenient onboarding process
Providing the right kind of onboarding process for employees is a key factor that will decisively affect whether they will start on the right track or not. Tailoring your onboarding process to meet employees’ needs enables successful training and productivity, as well as high retention. Adopting onboarding processes starts by negotiating contracts, storing documents in employee files, and explaining communication processes.
- Enabling employee growth
Investing in new hires is a must, as retaining and developing employees is a significant factor that determines long-term employee productivity and employee satisfaction. Providing employees with a working environment that suits their needs is fundamental and can be done by providing skill assessments, promotions, recognition programs, and performance appraisals, with the help of Talent Management Solutions.
- Providing a smooth offboarding process
Although the offboarding process can seem like it is not worth the time or effort, it is just as essential as the onboarding process. If it is not followed through with caution, it can be risky and even dangerous to the business and its reputation. The departing employee can go through a smooth offboarding process by having access to an offboarding checklist that specifies the transition conditions, as well as participating in a recorded exit interview or questionnaire providing feedback.
INTALIO TALENT MANAGEMENT TO THE RESCUE!
The most effective way not to lose your best recruits and to set your employees up for success is by investing in a talent management solution that will assist and guide you through a successful employment and retention process.
If you recognize the importance of such an investment, Intalio can provide you with its Talent Management software that covers a wide range of Human Resource processes by adopting Recruitment and Appraisals modules.
Not only does Intalio Talent Management facilitate the entire employee management process, but it is also a key asset that will guide you from the start to the very end of the hiring process, enabling your corporation to sustain an exceptional employment lifecycle.