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Benefits Of A Talent Management System
Increase Applicant Pool. Implementing a talent management system (TMS) has been known to triple applicant pools. Having a system that garners a greater number of candidates working in tandem with a good assessment and selection process ensures the best candidates will be chosen for job positions.
Positive Experience for Candidate. Make the candidate's first interaction with your company a positive one. A good TMS can be branded with your company's look and feel and terminology. The candidate will not have to fill out the same information on multiple forms because all forms can be pre-populated with information the candidate entered the first time.
Save Time and Money. Having applicants apply for jobs through a TMS reduces time spent on interviews and paperwork. It reduces time and money spent on assessment tests and background checks by stopping the application process if the applicant does not meet the required criteria for the job.
Focus on Candidates with More Potential. Increasing the applicant pool and eliminating unqualified candidates earlier on helps you hone in more quickly on candidates with the highest potential.
Reduce HR workload. No more paperwork, no more interviews with unqualified candidates, no more physically posting jobs in multiple locations, etc. These are just some of the ways a TMS can reduce the work load of HR staff. All of the hiring and career management functions are located in one easy to use place.
Track Candidates from Onset of Career and Throughout. All of the information captured from the candidates application, testing and background check information and their employee paperwork can all be stored in a TMS. All paperwork and job changes can be maintained here.
Identify Trends. With the reporting mechanisms of a TMS you can look for trends and identify where your hiring practices are working and where they need improvement. You can look at where you are doing more hiring or have more turn over across locations. Being able to create custom reports is ideal to give you the exact snapshot of information you are looking for.
You Have a Backup. a good vendor will provide full back up capability and availability, redundant high-speed internet bandwidth and generator backup support for loss of power at the data center. They will also have expert service and support available whenever you need them.
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