The COVID-19 pandemic has paved the way for digitalizing the HR department's roles in every organization. Due to the strict social distancing and COVID-19 norms, conducting face-to-face interviews and post-hire HR processes is a big no-no. However, with the help of Talent Management Systems (TMS), recruiters can now conduct the overall talent acquisition and management processes online.
Fremont, CA: The COVID-19 pandemic has paved the way for digitalizing the HR department's roles in every organization. Due to the strict social distancing norms and country-wide shutdowns, conducting face-to-face interviews and post-hire HR processes is a big no-no. Furthermore, during the lockdown, recruitment drives had to come to a sudden halt for a while. However, with Talent Management Systems (TMS), recruiters can now conduct the overall talent acquisition and management processes online. Moreover, companies are already implementing this software solution to make their HR department more efficient.
Talent Management System is an integrated software solution built on the five pillars of Recruitment and On-boarding, Learning and Development, Performance Management, Compensation Management, and Succession Planning. TMS enables HR teams to efficiently achieve their talent acquisition and retention goals and champions the idea of employee-centricity. TMS enables organizations to keep a keen eye on new employees and their performances. From hiring to planning successions, they can quickly validate and capture details like experiences, skills, qualifications, and performance data in real-time. It also enables HR to automate and optimize the selection process such as interview scheduling, appointment confirming, job advertisement posting, and tracking & managing job offers given to selected candidates.
Employee retention can be a significant hindrance for any organization to conquer. A good organization always prioritizes its employees' development and wellness and keeps them motivated and engaged in personal and professional development activities. As a TMS stores data of every situation faced by an employee within an organization, including performance, aspirations, training, skills, and so on; it makes an employer understand what makes the employee tick. Happy employees tend to stick to an organization longer, and TMS plays a vital role in their retention.
TMS also empowers employers to connect with their employees and supervise their performance, appraisals, daily work reports, or other activities. It allows them to create a fair understanding of their employees' professional and personal goals. Owing to that, companies can maintain long-term relationships with top performers leading to a reduced turnover.
It is a given fact that companies cannot stop employees from leaving their organization which leads to unwanted vacancies. In the same manner, promotions and transferring employees also give rise to new vacancies. And it is the role of HR to build robust succession strategies and determine how to fill vacant positions on a timely basis without impacting the company's productivity and cost.
To conclude, an organization cannot run efficiently without its Talent Management System. Additionally, managing talent is much more than recruiting, on-boarding and training. It entails everything, from sourcing and screening suitable candidates to developing, motivating, and, most importantly, retaining them. So, in this post-COVID time, when remote work culture has become the new normal, companies must implement TMS into their HR system to tackle the associated challenges more effectively and efficiently.
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