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Talent Management vs. Performance Management: What’s the Difference?

Extensis

Quick look: While the terms talent management and performance management are often used interchangeably, they play different (yet equally important) roles in a company’s human resource function. While the two terms may seem similar, they represent distinct approaches with unique objectives.

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What is a Talent Management System? | ClearCompany

ClearCompany HRM

Your HR team uses lots of software solutions to manage the administrative parts of human resources, like payroll, health insurance, timesheets, vacation time, and other benefits. Often, you use other systems still to conduct people management tasks related to employee engagement and performance.

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Top 10 Succession Planning Tools and Software

Digital HR Tech

A rapidly aging workforce and a growing need to upskill people make succession planning – and therefore the use of succession planning tools – increasingly important. As a result of these changes, succession planning – and the tools that go with it – become more and more important for companies.

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The Role of Technology in Talent Management | ClearCompany

ClearCompany HRM

Talent management refers to your company’s processes for hiring, engaging, developing, and retaining employees and planning for future workforce needs. There are strategic and administrative components of talent management — all handled by human resources teams whose plates are fuller than ever.

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From Compliance to Talent Management: The 15 Essential HR Responsibilities

Analytics in HR

Growing the business: Workforce planning, recruitment, and selection responsibilities 4. Talent management: Employee experience, engagement, and performance 6. Each category has its own set of HR responsibilities, but they are all crucial to the success of an organization.

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Using the 9-Box Grid Performance Management Strategy | ClearCompany

ClearCompany HRM

Your HR team can close skills gaps and help your employees grow using the 9-box grid to categorize A-players, guide learning and development efforts, and map out succession plans. The 9-box performance grid, pictured below, is a framework for categorizing employees based on a combination of performance and potential.

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Talent Acquisition vs. Talent Management | ClearCompany

ClearCompany HRM

Human resources departments handle it all when it comes to managing a company’s workforce. They find, interview, and hire candidates, facilitate onboarding and performance management, and develop employee engagement strategies. Integrates with LinkedIn Recruiter System Connect and LinkedIn Apply Connect.