Talent Management Software

Top Rated Talent Management Products

These products won a Top Rated award for having excellent customer satisfaction ratings. The list is based purely on reviews; there is no paid placement, and analyst opinions do not influence the rankings. Read more about the Top Rated criteria.

Talent Management Software TrustMap

TrustMaps are two-dimensional charts that compare products based on trScore and research frequency by prospective buyers. Products must have 10 or more ratings to appear on this TrustMap.

Talent Management Software Overview

What are Talent Management Systems?

Talent management is a set of capabilities that are considered strategically important to the organization’s labor or workforce. Talent management systems are designed to manage talent through the entire lifecycle from talent acquisition through development to reward and measurement. Talent management systems help ensure that the best people are being hired, developed, trained, and compensated to maximize value for the organization. HCM suites will often include talent management capabilities as well.

Talent Management System Processes

Talent management systems form a continuum of activities and processes revolving around the most important resource in any organization--its people. The primary talent concerns of most organizations include:

  • Talent acquisition, especially improving the quality and strategic planning of hires

  • Speeding up the time to competency

  • Improving performance and development

  • Making sure that everyone is working on projects with the highest potential for impact

  • Ensuring that talent is rewarded and compensated

  • Finding a new generation of leaders

  • Continuously developing staff to meet the fast-changing needs of the modern corporation

A talent management system is designed specifically to help organizations solve common people-related HR pain points and meet these highly strategic goals. These systems can be broadly applicable to a range of industries and talent pools. Some talent management systems focus on specialized talent pools with unique needs, such as healthcare talent management software.

Talent Management Software Features & Capabilities

Most talent management systems cover these core capabilities:

  • Recruitment/ATS: Recruiting is offered either as a component of talent management suites or as standalone products. Features include job posting, candidate management, and applicant tracking.

  • Onboarding: Onboarding is the process of orienting and integrating new hires into the cultural and performance aspects of their job. The goal of onboarding is to speed up new hires' time-to-value and includes features like training tracking, assessments, and new hire portals.

  • Cascading Goal Alignment: Goal alignment features help coordinate employee's personal performance and career goals with specific, higher-level business goals and objectives. They include hierarchical goal setting, line-of-sight visibility, and performance tracking.

  • Performance Management: Performance management is the process of tracking employees' accomplishment of predetermined goals. It is measured via performance plans, status tracking, and reporting.

  • Employee Engagement: Employee engagement entails surveying employees to track engagement with culture, job satisfaction, and competency levels to target future employee development. It is a relatively new facet of talent management.

  • Learning Management: Learning management focuses on post-onboarding employee skills development and competencies, as well as customer training in some cases. The market for e-content and learning management systems offers general-use products and industry-focused offerings.

  • Compensation Management: Compensation management entails setting employee pay grades and incentive structures based on performance criteria.

  • Succession Planning: Succession planning is the identification and preparation of top talent within the company for professional growth and leadership positions. It includes the creation of succession plans themselves, as well as candidate tracking and ranking.

Talent Management Systems Comparison

To compare different talent management systems, consider these aspects of each software offering:

  1. Talent management suite vs HCM suite: Talent management capabilities exist both in standalone suites and as modules of more comprehensive Human Capital Management suites. If you already have an HR management suite and just need an external talent management product, a standalone offering may be more efficient and cost-effective. However, if you’re looking for additional HR software beyond talent management, a more comprehensive suite can pose substantial integration and data centralization benefits.

  2. Integrations: Integration and data flow within your HR environment is an increasingly important aspect of talent management, according to our study of talent management professionals and external research. In response to this need, many vendors are improving their ability to integrate with various 3rd party software. To get the most out of your own data, make sure that every product you’re considering can demonstrably integrate with the other software you’re using.

  3. User base demographics: Most talent management users skew towards larger businesses and enterprises. As businesses grow in size, they often need talent management functions that are more complex, in-depth, and varied than smaller organizations. In addition to exploring the specific features offered, look at the size of each products’ users to get a preliminary gauge of how well the product would be able to scale to fit your needs.

Start a Talent Management comparison

Pricing Information

Talent management systems’ pricing varies depending on whether or not it's housed within a larger HR Management or HCM suite. Standalone talent management solution prices can range from $10-20/month/user. Talent management features are frequent components of full HCM suites, which rarely advertise set pricing plans and can vary widely. However, pricing for HCMs and standalone talent management solutions both generally scale by the number of users.




More Resources

Talent Management Products

(1-25 of 79) Sorted by Most Reviews

Cegid Talent (formerly Technomedia)

Cegid Talent (based on technology from the former Technomedia, acquired by Cegid in 2016), allows users to manage candidates recruiting, training, performance, compensation, career development and succession. Its business intelligence tools help identify organizational potential…

Netsuite SuitePeople (formerly TribeHR)

NetSuite SuitePeople, replacing the former TribeHR acquired by Netsuite in 2013), gives businesses control over their HR processes. SuitePeople enables managers and HR professionals to streamline employee information, new hires, employee onboarding, performance management, payroll,…

Eightfold

According to the vendor, Talent Intelligence Platform (TIP) is the first AI-powered platform, and revolutionizes the talent acquisition process to challenge systemic issues related to hiring, retention, and engagement. Eightfold's TIP integrates with HRMS and ATS allowing teams to…

Hibob

Hibob headquartered in London their HR management platform, bob. Hibob provides a wide range of features supporting talent management including onboarding administration and task management, payroll reporting and time tracking, and manager dashboard for tracking employee performance.…

CivilSoft Talent Acquisition

CivilSoft provides a talent acquisition solution. Some key features include: Social Media and Job Boards Posting, Candidate Relationship Management and Workflow Management.

Create LMS

Create LMS is an online Learning Management System for organisations of all sizes. It is available in 20+ languages and offered as an SaaS LMS platform or on premise (self hosting).

Kallidus Performance

Kallidus Performance is an employee performance management application. It helps create a consistent, objective and company-wide approach to people performance. It supports organizations in their effort to improve company performance by setting and reviewing personal and organisational…

BlackbookHR Sense

BlackbookHR Sense is an employee performance and talent management solution offered by BlackbookHR. Sense is positioned specifically as an employee engagement solution.

Haufe Talent Management (umantis)

Haufe Talent Management (or umantis) is one of Europe's best known talent management software suites. Haufe Talent Management is used by approximately 1,000 companies in 120 countries.

HoganDevelop

HoganDevelop is an employee performance and talent management software solution offered by Hogan Assessment Systems.

Infor CloudSuite HCM

Infor CloudSuite HCM's cloud-based human capital management software solutions replaces complex processes, workflows, and systems with sophisticated, yet intuitive technology, allowing HR professionals to deliver streamlined workforce processes. The suite evolves from Infor's acquisition…

eConscribi eRecruitment

eConscribi eRecruitement is a SaaS based solution targeted towards startups, SMEs, as well as large private and public enterprises. According to the vendor, their solution offers out-of-the-box, ready-to-use, end-to-end SaaS capabilities to clients desiring efficient, flexible and…

COMPview

COMPview is a cloud-based compensation management solution. Some key features include: Automated Worksheets, Decision Support, and Budgeting and Planning.

GuideSpark

GuideSpark is an employee performance and talent management software solution.

HiringBoss

HiringBoss is an applicant tracking solution. It is a fully automated hiring platform that helps users post jobs, and track and hire applicants. The vendor's main presence is in the Asia-Pacific region but it also has a location in the US.

Inspirus

Inspirus is an employee performance and talent management software solution offered by Inspirus, LLC.

Avature DNA

Avature DNA Social is an Enterprise Social Network platform and is part of the vendor’s range of Talent Management and Core HR solutions which include:OnboardingPerformance ManagementInternal MobilitySuccession PlanningCompensationTime Off ManagementEmployee Self-ServiceEmployee…

OpenHR

OpenHR from UK company Advanced is a complete human resource management system (HRMS). Integration with OpenPeople, the vendor's payroll processing system, presents a complete automated HR solution.

Kallidus Talent

Kallidus Talent is a talent management and succession planning application. It helps organizations actively identify, track and develop star players and future proof their workforce via succession planning. Kallidus Talent helps prepare for the future and think about processes to…

Worklogix Succeed!

Worklogix Succeed! is an employee performance and talent management software solution offered by Worklogix.

Frequently Asked Questions

Why use talent management?

Talent management software is used to streamline and optimize the acquisition, compensation, and development of your business’s talent pool. It entails HR processes revolving around your talent (personnel) from recruitment to offboarding.

What are the core functions of talent management?

There are 6 core areas in talent management. Modern talent management suites should support most or all of these functions:

  • Recruiting
  • Onboarding
  • Performance management, including goal management
  • Compensation management
  • Learning management
  • Succession planning

How is talent management different from performance management?

Performance management is a subset of talent management focusing on employee goal setting and achievement, as well as company benchmarks and expectations for productivity. Talent management includes a broader set of features, including performance management, that supports employees throughout their lifecycle at a company.

How much does talent management software cost?

Talent management software cost differs based on whether it is part of a larger HR suite/HCM product or if it is a standalone offering. Standalone talent management software can range from $10-$20/user/month.

Why does talent management matter?

Talent management is crucial to sourcing and getting the most value possible out of your existing talent pool, including supporting skills development and retraining. It is also playing a growing role in retention and addressing employee engagement.