An integrated set of applications that HR professionals use to cultivate and maintain a company’s human capital. Because talent management software keeps track of an employee’s career starting with the hire date, HR managers can compile valuable data[2] about the workforce at various points in the employee lifecycle. Talent Management comprises recruiting, onboarding[1], learning and development, performance management and compensation management.
Defined Terms
1. ↑ onboarding.
The process of hiring, orienting and immersing new employees into their roles and into the organization’s culture.
