HCM Top 500 Leaderboard Showcases Biggest HR Apps Vendors Vying To Dominate In Scores of Markets, Verticals and Countries

Core HR, Talent Acquisition, and Workforce Management Apps Shape HCM Future As Workplace Safety, HR Data Validation, Screen Time Issues Take Center Stage

1902

Our second annual HCM Top 500 Market Report highlights the achievements of more than 1,000 HCM applications vendors across 22 segments in three primary groups – Core HR, Talent Acquisition and Workforce Management.

For the second year in a row, we are identifying top 10 leaders, ranked by their latest annual HCM applications revenues, in segments like Core HR, Payroll, applicant tracking and workforce analytics. The more we survey these market leaders, the better we understand the magnitude of change sweeping through companies regardless of their size and location. Many companies are entering uncharted territories, tackling a host of issues from workplace safety (borne out of the #MeToo movement) to the digital habits of the Millennials (manifested by how much screen time shapes the daily life of a typical 21-year-old).

In addition to their market segment, vertical and functional attributes, we are making available top 10 leaders in some 45 countries through our Downloads Subscription plan. The idea is to help buyers shortlist vendors that have done well in established markets like the United States as well as emerging countries like Oman. Increasingly we find indigenous vendors making a big difference in specific countries where they have done a superlative job meeting local requirements. Examples include Works Apps in Japan, LG lugar de gente in Brazil and Aditro in Sweden. Suffice it to say that we are not stopping there with 45 countries.

This report summarizes our research results, spanning thousands of interviews and continuous surveys with HCM vendors, customers and consultants over a four-year period, as we identify some of the most innovative, the fastest-growing, as well as the ones with unparalleled staying power because of their sizable Cloud and on-premise applications revenues after decades of selling Core HR, recruiting and time and attendance applications to millions of organizations around the world.

As shown in Leaderboard 1 below, the worldwide HCM applications market reached product sales of more than $16 billion in software license, maintenance and Cloud subscription revenues in 2016. We align the three major product groups – Core HR, Talent Acquisition and Workforce Management – with their purpose-built capabilities to help companies identify and recruit talents, manage and evaluate every aspect of Core HR function from compensation to learning, while running a range of other apps to boost workforce productivity.

Leaderboard 1 – HCM Applications Market By Vertical, Function, Cloud vs. OnPremise, 2016-2021 Forecast

From hire to retire, HCM continuum extends across 22 markets, 21 verticals
From hire to retire, HCM continuum extends across 22 markets, 21 verticals, Source: Apps Run The World, December 2017

Similar to any market-sizing report that we put out, the objective is to deliver independent research to our subscribers and readers that they can use to navigate the tumultuous times for smart hiring, constantly reinforcing company values in order to build an engaging workforce, while devising new ways to improve metrics from learning and development to increased productivity.

For decades, companies have invested heavily in training their people, the same way they have put to use some of the most advanced analytics tools ever being created to better manage their employees.

The tidal wave is getting stronger. Mercadona, a Spanish grocery chain with more than 1,600 stores and 79,000 employees, has chosen SAP to move its business into the cloud. Mercadona will adopt a fully integrated SAP platform for its end-to-end digital transformation, implementing a broad set of SAP solutions including SAP S/4HANA, SAP for Retail solutions, and SAP SuccessFactors Employee Central, SAP SuccessFactors Employee Central Payroll, SAP SuccessFactors Recruiting and SAP SuccessFactors Learning solutions.

Similarly, AT&T is about to implement Oracle’s Field Service Cloud (OFSC) to optimize its scheduling and dispatching for its more than 70,000 field technicians. With OFSC, AT&T will combine its existing machine learning and big data capabilities with Oracle’s technology to increase the productivity, on-time arrivals and job duration accuracy of AT&T’s field technicians.

The examples illustrate the value of these HCM applications, especially in helping companies address staffing, learning and scheduling requirements for an army of employees, transforming their operations from typically a legacy system that is difficult to use and maintain to something that is lightweight and easy to run – similar to any app on a smartphone.

The good news is that HCM applications vendors are getting better at this. Workforce Software, for example, is adding R&D resources to improve its user experience. After buying WorkPlace for its scheduling applications, Workforce Software is strengthening its product portfolio in order to better compete with category leader Kronos. At the same time, Workforce sees an opportunity in bulking up its partner ecosystem for key verticals like retail and manufacturing, while streamlining implementation time by up to 40% in order to help customers generate better and faster returns on their software investment.

For its part, Kronos just announced a new suite of workforce management applications called Dimensions after spending millions in new Cloud infrastructure with the use of Google Cloud as well as advanced personalization capabilities for entering time cards and requesting time-off – all by accessing one’s smartphone.

This comes at a time when demanding users are raising the bar, putting the onus on HCM applications vendors to meet and support their ever-changing onboarding, career development, as well as ready access requirements to relevant data and insights in order to perform their tasks.

Many HCM applications vendors have done an admirable job standardizing the record-keeping functions of the personnel system, keeping track of everything from accruals to PTOs while delivering correct pay slips and other important compliance updates.

Furthermore, talent management vendors like BambooHR, ELMO and Reflektive have made such automation tools as continuous performance management, succession and rewards and recognition widely available as part of their standard features to end users around the world in real time.

In 2016, some of these vendors have gained ground by delivering a range of such best-of-breed features as part of their suite offerings. For instance, Oracle over the past year has incorporated more than 1,000 new features into its HCM Cloud. Oracle now packs everything from video-based learning to Anytime Feedback into its HCM Cloud suite, which already includes a revamped applicant tracking system and new modules for governance, risk and compliance as well as employee health and safety.

While some continue to build out their on-premise offerings, much of the growth is driven by their Cloud applications, as shown in Leaderboards 2 and 3 that rank top 10 vendors in the overall HCM apps market and Cloud HCM.

Leaderboard 2 – Top 10 Vendors In Overall HCM Applications Market, 2016

Rank Top 10 in Overall HCM Apps Market 2016 HCM Apps Revenues, $M 2016 HCM Apps Market Share, % Major HCM Offerings
1 SAP Subscribe Subscribe Core HR, Performance Management
2 Workday Subscribe Subscribe Core HR
3 ADP Subscribe Subscribe Payroll
4 Oracle Subscribe Subscribe Core HR, Applicant Tracking
5 Linkedin Subscribe Subscribe Recruiting
6 Kronos Incorporated Subscribe Subscribe Time and Attendance
7 Ultimate Software Subscribe Subscribe Core HR, Payroll, Time and Attendance
8 IBM Subscribe Subscribe Performance Management
9 SumTotal Systems, a Skillsoft Company Subscribe Subscribe Learning, Core HR
10 Cornerstone OnDemand Subscribe Subscribe Learning, Performance Management
Other Subscribe Subscribe
Total Subscribe Subscribe

Source: Apps Run The World, December 2017

In 2016, Workday’s comprehensive Cloud HCM offerings coupled with its relentless focus on customer satisfaction propelled it to become the No. 1 vendor in the Cloud HCM applications market.

Leaderboard 3 – Top 10 Vendors In Cloud HCM Applications Market, 2016

Rank Top 10 in Cloud HCM Apps Market 2016 Cloud HCM Apps Revenues, $M 2016 Cloud HCM Apps Market Share, % Major HCM Offerings
1 Workday Subscribe Subscribe Core HR
2 SAP Subscribe Subscribe Core HR, Performance Management
3 Oracle Subscribe Subscribe Core HR, Applicant Tracking
4 Ultimate Software Subscribe Subscribe Core HR, Payroll, Time and Attendance
5 Linkedin Subscribe Subscribe Recruiting
6 ADP Subscribe Subscribe Payroll
7 Cornerstone OnDemand Subscribe Subscribe Learning, Performance Management
8 Paycom Subscribe Subscribe Payroll
9 IBM Subscribe Subscribe Performance Management
10 SumTotal Systems, a Skillsoft Company Subscribe Subscribe Learning, Core HR, Talent Management
Other Subscribe Subscribe
Total Subscribe Subscribe

Source: Apps Run The World, December 2017

HCM Top 500 By Functional Segmentation

All these developments will result in broadening the HCM applications market at the granular level.  Leaderboard 4 shows the Nos. 1, 2 and 3 vendors in each of the 22 HCM applications segments in 2016. For other key players, follow the links of these 22 HCM applications segments below and access an index page that lists profiles of dozens or more of other vendors that compete in the same segment.

Leaderboard 4 – Breakdown of HCM Applications Market by Segment and Nos. 1, 2 and 3 Vendors in 22 Segments Based on Their Segment Revenues

Category Functional Market 2016, $M As a Percentage of Total HCM Market No. 1 Vendor No. 2 Vendor No. 3 Vendor
Core HR Benefit Administration 750 5% Benefitfocus ADP WEX Health
Compensation 398 2% SAP Oracle Salary.com
Compliance 334 2% IBM ADP Workday
Core HR 3489 21% Workday SAP Oracle
Payroll processing 2851 17% ADP Paycom Paylocity
Learning 1067 6% SumTotal Systems, a Skillsoft Company Edgenuity SAP
Pension Administration 82 0% Aquila Oracle SAP
Performance Management 676 4% SAP IBM Cornerstone OnDemand
Succession Planning 308 2% SAP Cornerstone OnDemand Halogen Software
Subtotal 9955 61% Workday SAP ADP
Talent Acquisition Applicant Tracking 732 4% Linkedin Cornerstone OnDemand IBM
Contingent Labor Management 445 3% SAP Upwork Beeline
Marketing 410 2% Linkedin Cornerstone OnDemand IBM
Onboarding 447 3% Ultimate Software IBM Oracle
Recruiting 1219 7% Linkedin IBM SAP
Sourcing 728 4% Linkedin IBM Insperity, Inc.
Subtotal 3981 24% Linkedin IBM SAP
Workforce Management Absence and Leave Management 250 2% Kronos Incorporated Ultimate Software Oracle
Fatigue Management 94 1% Fatigue Science Optalert Limited WorkForce Software, LLC
Scheduling 648 4% Kronos Incorporated Verint Systems Inc. Nice Systems
Task Management 148 1% SAP Oracle Reflexis Systems
Time & Attendance 1135 7% Kronos Incorporated ADP Ultimate Software
Workforce Analytics 215 1% SAP ADP Ultimate Software
Hardware(Time Clock) See ARTW Database See ARTW Database
Subtotal 2490 15% Kronos Incorporated ADP Ultimate Software

Source: Apps Run The World, December 2017

HCM Top 500 By Vertical Segmentation

The worldwide Human Capital Management applications market is evolving across different industries as demographic shifts and the increased dependence on services sectors for job growth are leaving the global workforce in a state of flux.

In 2016, collectively healthcare, retail and professional services accounted for nearly 30% of the total spend in HCM applications given the aging population, growing consumer spending and increasing demand for specialized professional services have all contributed to job growth in healthcare, retail and professional services verticals especially in fast-growing countries like China and India.

Backed by their domain expertise and differentiated offerings, many HCM applications vendors that specialize in strategic verticals are finding increased traction.

Leaderboard 5 shows the Nos. 1, 2 and 3 HCM applications vendors in each of the 21 verticals with SAP, Kronos and Workday dominating 17 industries in 2016. For other HCM Top 500 vendors that cater to specific industries, follow the links of these 22 verticals below and access an index page that lists dozens or more of other players that have built a franchise in that vertical.

Leaderboard 5 – Breakdown of HCM Applications Market by Vertical and Nos. 1, 2 and 3 Vendors in 21 Verticals Based on Their Vertical Revenues

HCM Apps Spend By Vertical, % As A Percent Of Total HCM Apps Market No. 1 Vendor No. 2 Vendor No. 3 Vendor
Aerospace & Defense 1% SAP ADP Oracle
Automotive 2% SAP Kronos ADP
Banking & Financials 8% SAP ADP LinkedIn
Communication 4% Oracle ADP SAP
Construction & Real Estate 4% Oracle Workday ADP
Consumer Packaged Goods 6% Workday SAP ADP
Distribution 5% SAP Ultimate Software Workday
Education 4% Workday Oracle Ultimate Software
Government 6% Kronos ADP Oracle
Healthcare 10% Kronos ADP Oracle
Insurance 4% IBM ADP SAP
Leisure & Hospitality 5% Workday Ultimate Software Cornerstone OnDemand
Life Sciences 2% SAP Oracle Workday
Manufacturing 9% SAP Kronos Workday
Media 2% Workday LinkedIn IBM
Non Profit 1% SAP ADP Oracle
Oil and Gas 3% SAP ADP IBM
Professional Services 9% LinkedIn Kronos Workday
Retail 10% Kronos Oracle ADP
Transportation 4% SAP Ultimate Software Workday
Utility 1% SAP Oracle IBM

Source: Apps Run The World, December 2017

HCM Top 500 By Region

If one maps the current working-age of about 64% to the global population of 7.4 billion, nearly 4.7 billion between the ages of 15 and 64 could be end users of HCM applications. Against this vast group, the segmentation of the worldwide HCM applications market extends across geographies.

Worldwide HCM and Cloud HCM Applications Market By Region, 2016, $M
2016 Worldwide HCM Applications Market By Region, $M, Apps Run The World, December 2017
2016 Worldwide Cloud HCM Applications Market By Region, 2016, $M
2016 Worldwide Cloud HCM Applications Market By Region, $M, Apps Run The World, December 2017

HCM Top 500 By Country

Leaderboard 6 shows the biggest HCM applications vendors by country. In addition to the 16 countries listed below, downloads subscribers will be able to access the top HCM vendors in 45 countries.

The diversity of our HCM Top 500 underscores the HR continuum that companies are trying to sustain and strengthen, especially those that need to operate in multiple countries. In its latest annual report, Deutsche Bahn, the German rail company with nearly 300,000 employees, said it was rolling out a new recruiting software program as part of an EU-wide talent management program. Talentsoft for talent management, Facebook for social media recruiting, as well as a number of virtual-reality startups are helping DB and its 150-strong talent acquisition team identity cutting-edge technologies to fill the 7,000 to 8,000 positions each year vacated by departing and retiring employees.

HCM vendors are racing to support that strategy. In the fourth quarter of 2017, SAP announced extending localization support for its Employee Central product via its Upgrade Center to include Position Management, Total Workforce Management, integration and localized content for time off and Time Sheet for countries such as Australia, France, Germany, Saudi Arabia, UAE, UK and USA. That in turn will provide HR managers more best-practice templates to roll out a consistent HCM strategy at the global level.

MOVE-IT, on the other hand, is one of the HCM Top 500 vendors with extensive ties to Egypt. With customers in 12 countries including many Gulf States, MOVE-IT said it is considered the first cloud based HR solution with dual language interface (Arabic and English). For any HR executive working in Egypt with more than 80 million people and a growing array of Cloud and HR options, choosing between a big vendor and a local hero will not be an easy decision.

Or take Xceed365 as an example, the Lagos, Nigeria-based vendor has won the support of some of the biggest banks in the country. These tier-one customers prefer to buy from local HCM heroes like Xceed365 capable of delivering extensive support as well as domain-specific in Core HR and talent management products, instead of partnering with others that are not ready to expand in Africa.

For HR executives, managing people is a universal challenge. With the advent of mobile technology and the spread of real-time information in split seconds, not running the right HCM applications may well be untenable at best, or detrimental in the worst-case scenario.

The purpose-built capability of this year’s HCM Top 500 vendors in 22 functional areas, 21 verticals and 45 countries serve as a game-changing reminder that choosing the right solution may well be the best antidote to a global challenge that could get more complicated for companies regardless of their size and location.

Leaderboard 6 – Breakdown of HCM Applications Market by Country and Nos. 1, 2 and 3 Vendors in 16 Countries Based on Their Country Revenues

Region Country 2016, $M As a Percentage of Total HCM Market No. 1 Vendor No. 2 Vendor No. 3 Vendor
Americas Brazil 226 1% LG lugar de gente Apdata do Brasil TOTVS
Americas Canada 580 4% Kronos Incorporated SAP Intuit
Americas Mexico 161 1% SAP Kronos Incorporated Meta4
Americas USA 9827 60% Workday ADP Ultimate Software
EMEA France 405 2% SAP IBM Cegid
EMEA Germany 1002 6% SAP DATEV IBM
EMEA Italy 186 1% SAP IBM Linkedin
EMEA Netherlands 282 2% SAP Raet UNIT4
EMEA Spain 150 1% Meta4 SAP Oracle
EMEA Sweden 177 1% Aditro Visma SAP
EMEA UK 1380 8% Oracle SAP Lumesse
Asia Pacific Australia 511 3% SAP Oracle Linkedin
Asia Pacific China 196 1% SAP Yonyou IBM
Asia Pacific Japan 275 2% SAP Works Apps IBM
Asia Pacific Singapore 220 1% SAP Oracle Workday
Asia Pacific South Korea 52 0% SAP IBM Duzon Digitalware

Source: Apps Run The World, December 2017

Workplace Safety, HR Data Validation, Screen Time vs Productivity Gains

In order for anyone to stay successful in the HCM applications market, the challenge is that the base line is constantly evolving. For much of 2017, workplace safety became a hot topic in social media with the revelations of sexual misconduct perpetrated by powerful media, business and government executives. Soon the #MeToo movement took on a new significance by inspiring ordinary workers in different industries and countries to speak out of their own sexual harassment experiences in the workplace.

The new base line is not whether any organization would be immune from the fallout given that there may be millions of companies with impeccable workplace safety records. Still, it only takes a single allegation to tarnish one’s reputation for good these days. So the issue is how HR should respond to any such exposure when it happens. Equally important is if HR should have implemented safeguards from whistle-blower hotlines to rigorous follow-throughs and direct reporting of such cases to the board and/or shareholders whenever they may occur.

For HCM vendors, the question is what role they should be playing to help companies mitigate such risks through real-time reporting, training as well as HR policy reviews. Addressing employee concerns on a pro-active basis may well be the visual cues that HR departments need to take in order to demonstrate their commitment to workplace safety. Amid low employment, the first thing any observant employee would want is the perception that their HR department is vocal and active about enforcing workplace safety.

The next priority for HCM vendors is to convince users the value of the HR data that are being generated.

Continuous feedback, micro-learning as well as other tools designed to help employees become more engaged in the workplace will form the basis of a new-generation of employee self-service and manager self-service systems. The key is whether these tools are being created using algorithms that may incorporate unintentional biases or flawed assumptions. Instead they need to be purpose-built to address a specific problem. The same applies to artificial intelligence and machine-learning systems that have been touted as the next big thing. Should they be considered the panacea that can fix organizational malaise or just more data being served up to justify knee-jerk reactions?

At a time when iconic organizations like General Electric are facing existential crisis, one is tempted to ask just how valuable are the data these companies have been generating and how they reflect their health, or the ability of their employees to harness such data.

For HCM vendors, the holy grail is to bullet proof the value of one’s HR data in order to ascertain the quality of new hires, the competitiveness of one’s compensation program, or the integrity of one’s time and attendance system to root out innocuous things like buddy-punching to outright fraud for systematic overpaying.

Last but not least, HCM vendors will have to find better ways to account for the time employees spend doing their jobs. If the stat of a person now spending more than 11 hours each day using electronic devices is to be believed, it’s worth asking how much more work can be done by that employee if his/her screen time rises or falls.

Does a company that foots the bill of a smartphone for its employees have the rights to decide how much screen time is allotted for work? Conversely, should a company prevent an employee from using his/her own smartphone if it interferes with their productivity? What should the social contract be like between employers and employees if the former do not have any control over how the latter spend their working hours?

While it’s purely academic to ask such questions, the bottom line is simple – to what extent can productivity improve if an employee’s screen time is taken into account?

In a services-based economy where someone is either a solution scientist (meaning their value rests with their ability to deliver and replicate a solution down to a science) or a project player (meaning their collective value depends on getting a project done to the satisfaction of their client), the amount of screen time these employees spend now matters a great deal.

To put it another way, labor activity, which used to measure how much time a worker spends on completing a task, is now going through seismic changes with the advent of eCommerce, robots, and autonomous vehicles. There used to be a time when one could track the labor activity of a store clerk. With growing popularity of eCommerce, the store clerk could well be a robot in a fulfillment center, or a solution scientist running the entire fulfillment center with just a handful of colleagues.

In the future, HCM applications will be tasked to do different things and measuring how employees optimize their screen time may well be one of their biggest attributes. Already, HCM applications have emerged as the career assistants, policy advisors and work-life balance pilots for employers and employees alike. Undercut by tech-savvy competitors that have succeeded in exploiting digital transformation that has reshaped the advertising industry, Publicis Groupe decided to break its many silos by launching the Power of One model. Eschewing a long-standing multi-divisional structure with an international network of agencies, Publicis quickly developed a talent management system that combs through the resumes of the nearly 80,000 employees of the 92-year-old French advertising agency in order to identify the skills needed to handle digital-marketing projects that are in demand by its customers.

Instead of relying on seniority, titles, and traditional advertising work experiences, Publicis runs algorithms to build a tiger team of account managers, coders, graphic designers and copywriters, according to a January 19, 2018 article in the Wall Street Journal. In other words, Publicis now places greater value of its HCM applications above corporate hierarchies and conventional business processes in order to accommodate ever-changing customer requirements.

After all, with home-delivered meal kits, ubiquitous Uber rides, a staggering number of  review sites and social media feeds now dominating many lives, the task of managing people and resources takes on a different meaning evolving from a static system sitting in the background to a pro-active intelligent app that helps users make the right HR and career decisions.

Companies and employees will be better off to ask if they are well protected by using such apps and their trust in these systems could well be a clear indicator on how they want to be seen in the world, reflecting their core values in terms of finding talents, grooming them and helping them realize their true potential.

Further Readings

The HCM Top 500 report series covers more than 3,000 pages of content, make sure you don’t miss any of the 500+ profiles by becoming a subscriber. Or you can catch the highlights with the following links:

Methodology

Similar to any of the hundreds of reports that we have published since 2010, HCM Top 500 is a labor of love. Since 2013, our team of researchers have been conducting rigorous research on thousands of HCM vendors, surveying them quarterly, reviewing their products at even shorter intervals because of the compressed Cloud release cycle, and discussing HR vision with their customers to better understand user needs as well as different paths to upgrade and replace their existing systems.

Each year we also attend many industry-wide and vendor-specific user conferences – HR Tech Conference, Dreamforce, UNLEASH (ex HR Tech World), SAPPHIRENOW, Oracle Open World, just to name a few, to gauge what customers are looking for.

Throughout this process comes a rich database of more than 2,000 HCM vendors as well as over 50,000 HCM customers that have been touched one form or another through regular surveys, phone and in-person interviews, email exchanges, and social media interactions, etc.

On a proactively basis, we contact the vendors directly to tabulate their latest quarterly and annual revenues by HCM segment, vertical market, revenue type, region, country and customer size.

We supplement their written responses with our own primary research to determine quarterly and yearly growth rates in each of the 22 segments and 21 verticals, in addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our quantitative research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.

The database provides customer insight and contextual information on what types of HCM, enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall HCM and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the HCM marketplace for years to come.

HCM Market Taxonomy

From hire to retire, HCM continuum extends across 22 markets, 21 verticals
From hire to retire, HCM continuum extends across 22 markets, 21 verticals

Definition of Human Capital Management (HCM) Applications

Core HR and Performance Management
Core HR and Performance Management Description
Personnel & Organization Management Core human resource management system, personnel records, HR master file, accruals, organizational development, org chart visualization
Payroll Payroll processing, tax filing, language support, country-level updates, payslip calculations, automatic deductions and other government requirements for proper disbursement of employee compensation.
Benefits Administration Benefits and health administration. Plan and design benefits lifecycle, billing and payment. Carrier solutions are also included for integration purposes.
Pension Administration Pension and retirement fund(401K) administration as well as software that helps manage profit sharing plan, defined benefit plan, or cash balance plan.
Compliance Compliance, regulatory updates and reporting including such laws as Affordable Care Act, Overtime Regulations, Fair Labor Standards Act
Performance & Goal Management HR performance management applications are designed to automate the aggregation and delivery of information pertinent to the linking of job roles and the mission and goals of the organization. More specifically, the system allows users to automate the performance review process by using mechanisms such as training and key performance indicators to continuously track and monitor the progress of an individual employee, work team, and division. Some of the key features include: Assessment of individual career objectives and organizational skills gaps that impede performance and job advancement. Continuous reviews and establishing milestones. 360-degree evaluation and real-time feedback. Performance appraisal automation. Goal setting and tracking. Employee surveys. Alignment of human assets to corporate objectives. Fast tracks for top performers.
Learning & Development Learning management systems refer to applications that automate the administration, tracking, and reporting of training events. Other tools may include courseware and other delivery, management, tracking, or integrated solutions whose focus is on the learning environment, including learning content management systems. Career development tools include apps for coaching, mentoring, employee development planning, and diagnosing of development needs.
Succession & Leadership Planning Identify and address current and potential talent gaps to create succession management reporting. Develop and maintain a continuous supply of internal talent to fill critical job roles. Improve employee engagement through digital tools to advance career path development opportunities.
Compensation Management Compensation management applications are designed to automate the process of providing cash, noncash, variable and nonvariable compensation to employees through advanced modeling, reporting, and built-in interfacing to payroll processing systems. Other key features include seamlessly manage compensation budgets and allocation in a single, shared tool. Streamline pay recommendation workflows and approvals. Support multiple pay and incentive practices. Ensure budget compliance and adherence to compensation guidelines. Quota and territory management. Calculation and distribution of commissions, spiffs, royalties, incentives to employees, and channel and business partners. Compensation analysis using internal and external data for retention risk analysis. Linking salary, commission and incentives — cash and noncash — to business objectives. Payroll and payment engine interfaces. Account payables integration.
Talent Acquisition 
Talent Acquisition Description
Applicant Tracking Applicant tracking software automates such functions as management of resumes, applicant information, scoring, workflow, matching, search, interview scheduling, job descriptions, EEOC reporting, job postings and notifications
Recruiting Recruiting applications are designed to automate the recruitment process of salaried and hourly employees through screening and skills assessment, as well as automated selection processes to improve hiring pipeline by identifying talent inside or outside the organization. Other key features include: Manage skills inventories. Create and manage job requisitions. Coordinate team collaboration within hiring processes. Video Interviewing, team building and digital coaching.
Marketing Applications designed to attract and engage candidates and employees. Other tasks automate functions such as candidate relationship management apps, career site technology, social recruiting, employee referrals, branding, video engagement, campus recruiting and internal hiring
Contingent Labor Management Processing of hiring of contingent labor, search, skills matching, assessment, interview scheduling, negotiation of rates, approvals, project milestone payments, project completion tracking, performance ratings
Sourcing Facilitate resource planning for staffing firms as well as vendor managed system, allowing for front office integration for employment agencies as well as talent acquisition apps designed for staffing firms.
Onboarding Applications designed to deploy workers to appropriate jobs, projects, or teams for accelerated on-boarding.
Workforce Management
Workforce Management Description
Absence and Leave Management Absence management applications offer automated features to support employee leave management, employer authorized leave, Short-Term-Disability/Workers’ Comp coordination, federal and state compliance, customized leave correspondence, medical certification processing, insurance premium payment tracking as well as employee self-service capabilities. Leave Management supports compliance activities related to government regulations such as the Family and Medical Leave Act in the United States and other local leave laws in different countries.
Workforce analytics Workforce analytics are used to analyze compensation, benefits, and other employee variables. These applications can also be used to analyze and optimize labor allocation for particular projects.
Fatigue Management Fatigue Management apps help automate key facets of fatigue risk mitigation, enforcing employee work-hour limits and aligning with fitness for duty best practices. Similar apps may act as electronic work diaries for real-time reporting and compliance with transportation laws.
Hardware (Time Clock) Time capture is the hardware platform that provides authentication features for clock-in and clock-out times, meal and rest breaks, as well as timesheet and payroll reporting and compliance.
Workforce Scheduling Products are designed to Increase forecasting accuracy by factoring in a variety of methods and historical patterns. Create optimal schedules to meet customer demands, while reducing costs and maximizing resources
Task Management Task Management offers labor management capabilities such as task-based and project-based activity tracking as well as measurement and reporting functions against performance standards like engineered labor standards, team standards and reflective standards.
Time & Attendance Time and Attendance applications are designed to automate employee time tracking in different locations, help reduce overtime expenses, improve payroll accuracy, eliminate pay errors and adjustments, along with the need to simplify and optimize administrative tasks and complex rate calculations by making available accurate and current labor data and full audit trail of payroll data. Source : Read the rest via top10pokerwebsites.net

1 COMMENT

LEAVE A REPLY