You hire people who have the best talents and show the most promise to join your workforce. Although already skilled, it is up to you to bring out their hidden potentials. To hone them to be an asset to your company, you should equip yourself with the best career management software.
11+ Career Management Software
7. Cornerstone Ondemand
What Is Career Management Software?
Career management software is a program that helps companies and organizations with their career management tasks. It offers a database that stores essential employee documents. Also, it has tools that aid in the collection of data analytics and other crucial information necessary for developing and establishing your employees’ career paths. With this digital solution, you can also streamline employee goal setting.
This technology also plays its role in employee monitoring and employee performance management. In addition, when you utilize this management software, you can integrate it with polling software and other talent management digital systems. Another functionality of this digital program is it provides a platform that allows your team to access lessons and attend training sessions online.
Taking advantage of this career management tool will allow you to incorporate new means and methods during your strategic planning for your career development plans. With these new opportunities presented, you can save time and reduce the budget needed for these complex tasks. That said, you can produce more efficient results by expending lesser resources.
Making decisions is a crucial part of running a business and shepherding an organization. In this situation, it would not be an exaggeration to say that the software of your choice would be a defining factor in the success of your career management. That said, in selecting one, you should study the available software packages and subscription plans on the market carefully. A helpful tip is to go for the one that can close the gaps in your career management needs. Here is a list of crucial features that you should consider in your selection process:
- Skills management tools
- Predictive analytics tools
- 360 degree feedback functionalities
- Applicant tracking capabilities
- Career path builder
- Powerful reporting properties
- Learning management system
- Third-party applications integration
Top 10 Career Management Software
1. Workday HCM
This software provides its users with features such as workforce planning and payroll management. They have 12,500 employees and have over 4 billion dollars in generated revenue.
2. Cornerstone Performance
This digital solution allows its users to utilize controls for individual development plans and compensation management. They have 740 million dollars in generated revenue and have 2,900 employees.
TalentSoft is a learning management software with competency management and applicant tracking capabilities. They employed 700 people and have 147 million dollars in generated revenue.
Udemy helps businesses by allowing them access to learner portals and course authoring functionalities. They have generated revenue of 136 million dollars and employed 650 people in their team.
5. Lattice Performance Management
Goal management and progress tracking are examples of functionalities you can access in this software. They have generated revenue of 42 million dollars and employed 200 people.
6. Insala Mentoring
When you utilize this mentoring system, you can use mentoring tools and coach matching properties. They have 41 employees in their team and have 28 million dollars in generated revenue.
This software offers controls for streamlining recruitment management and career development. They have 21 million dollars in revenue and have 125 employees working for them.
This digital solution allows its users to access tools for measuring key performance indicators and an intuitive dashboard. They have 9 million dollars in generated revenue and employed 49 people.
Onboarding and employee management capabilities are some features you can utilize TalentGuard. They employed 37 people in their team and have generated revenue of 7 million dollars.
10. Learn Amp
Learn Amp has video conferencing properties and course authoring tools. They have 25 people working for them and have generated revenue of 4 million dollars.
What is career management?
Career management refers to guiding and helping employees gain self-awareness of their skills and capabilities. Also, it involves designing strategies to help them set and achieve their career goals. When administrating career management, the person responsible should conduct employee tracking and gather enough data for more accurate assessment. In addition, it focuses on finding ways for more efficient human resource management and at the same time helps them enhance their skills for career progression and succession.
Why is career management essential for companies?
Career management will help you determine the strengths and weaknesses of your employees. That said, doing this practice will help you increase the effectiveness of your employee development and deployment. Also, it would improve employee retention. Achieving success in this feat would upgrade the performance and the health of your company.
What are the steps to take for effective career management?
For effective career management, the first step that you should take is to assess your employees. Following that should be to oversee employee goal setting. You should help them to set realistic and achievable career goals. After that, you should aid them in coming up with tactics and strategies to accomplish those goals. Lastly, give them timely feedback.
Effective career management helps both employers and employees to gain an edge. That said, it is a win-win situation. Help them play on your strengths and bridge the skills gap of your employees by utilizing career management solutions. Retain and help your best talents progress in their careers while simultaneously growing your company. Hit two birds with one stone with the perfect career management software for you.
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