In today’s hyper competitive global economy, the most critical aspect of a business to innovate and grow lies in its ability to attract and retain the right people to help realize the future.
Alchemus Talent Management Solution is a set of integrated organizational HR processes designed to attract, develop, motivate, and retain productive, engaged employees. The goal of Alchemus talent management is to create a high-performance, sustainable organization that meets its strategic and operational goals and objectives.
Key Talent Management process automation include
Recruiting – is a platform to successfully attract and hire key talent for current and future organizational needs through competency-based advertising and interviewing efforts. It also includes ability to improve employee engagement and performance through networking, social collaboration and knowledge sharing.
Onboarding – is a social engagement platform of acclimating new hires and ensuring that they quickly feel welcomed, and valued by the organization. This process enables new employees to become productive members of the organization, who understand expectations for their job roles. Onboarding goes beyond traditional “orientation” programs which focus mainly on managing policies, forms, and procedures.
Workforce Planning – enables organizations to strategically project , plan access to talent (either internal or external) with the skills, knowledge, and behaviours essential for the achievement of your strategic objectives and/or demands.
Strategic plan/Goal alignment – enables organization to develop and implement plans to reach an organization’s long-term goals and objectives. It is the road map to lead an organization from where it is now to where it would like to be in future.
Performance Management – An ongoing, continuous process of communicating and clarifying job responsibilities, priorities, performance expectations, and development planning that optimize an individual’s performance and aligns with organizational strategic goals. .
Learning & Development – Platform for organizations to define and structure structures the career progress of their members, and the individual’s process for identifying job opportunities within an organization’s structure, and the sequential steps in education, skills, and experience-building needed to attain specific career goals. It also includes Process of establishing training goals and plans that link to individual goal attainment, career planning, and possible succession planning.
Compensation – Helps organization to build reward and incentive programs A way to reward individuals for important work accomplishments, contributions to the goal achievements, and increased skills and competencies in their jobs.
Succession management – Succession management helps in identifying and developing internal personnel with the potential to fill key or critical organizational positions. Succession management ensures the availability of experienced and capable employees that are prepared to assume these roles as they become available.
Retention – A systematic effort focused not only on retaining an organization’s talented performers but also to create and foster a welcoming work environment and high-retention culture. The end result is an organization that operates more effectively and efficiently, while becoming a great place to work.
Compliance -Helps to ensure the active participation of all staff in compliance initiatives such as policies, learning and surveys, thus mitigating the risk of compliance incident and the associated fines.
Competencies – Helps organization to build measurable behaviors, characteristics, abilities and personality traits that identify successful employees against defined roles within an organization
Engagement – Provided insights which employees are committed to their organization’s goals and values, motivated to contribute to organizational success, and are able at the same time to enhance their own sense of well-being.
Alchemus Talent Management Modules
Learning & Development
Alchemus ERP Connect
Integration to Time & Attendance
Integration to Payroll
Key Benefits of Talent Management
Hire Right Person in the right Job
This is especially important both from the perspective of the organization as well as the employee because the right person is deployed in the right position and employee productivity is increased. Also since there is a better alignment between an individual’s interests and his job profile the job satisfaction is increased.
Retaining the top talent
Despite changes in the global economy, attrition remains a major concern of organizations. Retaining top talent is important to leadership and growth in the marketplace. Organizations that fail to retain their top talent are at the risk of losing out to competitors
Understanding Employees Better
Employee assessments give deep insights to the management about their employees. Their development needs, career aspirations, strengths and weaknesses, abilities, likes and dislikes. It is easier therefore to determine what motivates whom and this helps a lot Job enrichment process
Better professional development decisions
When an organization gets to know who its high potential is, it becomes easier to invest in their professional development. Since development calls for investment decisions towards learning, training and development of the individual either for growth, succession planning, performance management etc, an organization remains bothered where to make this investment and talent management just make this easier for them.