LinkedIn, Facebook, Twitter, Glassdoor have all had a significant impact on the ability of an employer to discover and attract quality employees. These insights have also translated for employers into a huge saving of time, productivity improvements and better employment outcomes.
But it is the management and onboarding of new employees where HR has needed to become not only more efficient, but also more effective to ensure the retention of talent, be it in white, blue or pink collar workforces.
KPMG’s report ‘Rethinking Human Resources in a Changing World’, produced in partnership with the Economist Intelligence unit, found 81% of companies surveyed believe talent management is a key competitive advantage.
We agree with KPMG, the solution to effective recruitment, selection, employee engagement, talent management, which all have a material impact on the bottom line, lies with HR implementing cloud solutions to leverage data analytics to deliver a people management strategy closely aligned with the company’s goals.