TALENT MANAGEMENT
Talent Management: Capitalize on your human capital
Your business is only as good as the people you have in place to run it. Finding and keeping the right employees is where talent management starts, not where it ends. With global integration of your human resource management data, processes, policies and metrics you can finally align your talent strategy with your overall busin
ess strategy. IDTM is the only HCM provider with a truly global end-to-end solution, one that delivers cross-country integration of employee data and procedures with the local knowledge you need to remain both competitive and compliant. Global Talent Management: A double-edged sword? Doing business in multiple countries has its advantages, not the least of which is access to a global talent pool. But with that comes the need for country-level expertise to help you recognize which people can meet your company’s strategic goals today – and develop into tomorrow’s leaders. It’s time to take talent management seriously
If your company’s talent management strategy is not where you want it to be – or not there at all – you’re not alone. Only 1 in every 14 companies – that’s just 7% – has a mature global talent management strategy in place today1. A comprehensive global talent strategy is a critical contributing factor in achieving your company’s larger objectives, one that can help you:
• Find, attract, hire, onboard and develop top talent around the world
• Implement a global succession management program for positions at all levels
• Meet all legal, financial and procedural requirements for hiring and employing people overseas
• Get a clear picture of what you’re spending on talent from country to country as well as collectively
• Identify gaps in skills, and put a plan in place to remedy them, for every potential and current employee
IDTM spans the spectrum of talent disciplines, globally
How can you simplify the work of sifting through all that potential talent, pick the right people to hire, and plan their career trajectories before you even bring them on board? IDTM’s global talent management solutions can help. We provide consulting expertise and solutions in all major areas of talent management:
PERFORMANCE MANAGEMENT
Performance Management: The measure of your employees’ value
Imagine if your managers and employees – in all of your locations across the globe – could set goals and measure progress year round, not just during annual performance reviews. Effective performance management hinges on your company’s ability to assess how well your employees and your organization as a whole are progressing toward achieving your larger strategic goals. Globally Integrated Data, Information and Tools At Your Fingertips
Facilitating ongoing management and keeping your global workforce focused on strategic priorities requires a performance management solution that can:
• Automate the entire performance management process, from goal planning through evaluations
• Simplify the work of your HR services professionals with better tools and guidelines plus enhanced visibility into performance evaluation status
• Help you quickly respond to any skills-related performance deficits with a broad, flexible array of learning management solutions from IDTM
• Reward your employees based on results – integrating performance functions with IDTM’s compensation management solutions lets managers tie compensation awards directly to individual performance
• Reach broader global human capital management goals by integrating performance management with other IDTM-provided services, such as our succession management and human resource management solutions
IDTM’s Global Performance Management Solution Keeps You On Track
IDTM’s global solutions address key aspects of performance management, enabling you to:
Perform Ongoing Reviews and Increase Their Relevance
• Reduce the length of performance cycles by automating self evaluations, manager evaluations and multi-rater reviews
• Auto-populate review forms with up-to-date goals pulled from employee profiles
• Give managers instant access to competency assignments and goal-related feedback to help them complete performance reviews faster and more efficiently
Increase the Effectiveness of Your Performance Plans
• Make performance reviews and measurement a dynamic, ongoing process – not a static, once-a-year event
• Provide the tools and framework needed to help managers and employees work collaboratively to define and prioritize performance-related goals, competencies and employee development activities
• Enable employees and managers to check on the status of performance goals to keep things moving or make adjustments where needed
COMPENSATION PLANNING MANAGEMENT
Compensation Planning Management: Balance rewards with budget constraints
Global employee compensation may be your company’s single largest budget item. Wouldn’t you like to have confidence that you’re allocating that money in the smartest way possible? IDTM’s compensation planning management solutions can help ensure that you reward your employees according to how much they’ve contributed to your company’s strategic goals, while also optimizing managers’ decision-making process – all without going over budget. Global Compensation Requires Visibility, Governance, Control and Engagement
The more you add or relocate employees to multiple locations around the world, the more obvious the need for a globally consistent platform for compensation becomes. With a sound, merit-based global employee compensation solution in place, you benefit in several ways:
• Clearly tie individual employee performance to goals, demonstrating how actions and outcomes impact rewards such as promotions, compensation and other incentives
• Adhere to corporate procedures and policies – in every department, in every country
• Give managers the visibility and tools they need to get the greatest return on their investment
• Provide executives a dashboard-level view of compensation data to facilitate decision making
• Ensure that managers and departments keep compensation spending on budget
• Create a global pay-for-performance culture and improve employee engagement and morale in the process
• Achieve broader strategic goals in global human capital management by integrating compensation management with other IDTM-provided services, such as our performance management and human resource management solutions
IDTM Helps Optimize and Improve Employee Compensation Planning Processes
IDTM’s global solutions are designed to address the major issues faced by multinational companies when compensating employees around the world:
Adhere to budgets and policies, while easing the planning process
• Use approval workflows to automatically and intelligently route compensation requests and other transactions
• Give managers decision support tools to help them at key points in the decision-making process and minimize their need for HR assistance
• Use formula-driven guidelines, interactive worksheets and modeling features to aid in planning
• Allow HR services professionals and managers to see guidelines, salary ranges, market rates, historical employee data, budget allocations and more
• Flag recommendations that fall outside of guidelines or budgets and analyze alternative compensation actions to address those recommendations
• Enable your HR department to create predefined guidelines, salary ranges, market data, budgets (top-down or bottom-up), planning access periods and more to help guide and inform managers’ planning work
Adapt to regional and business unit needs
• Provide planning tools that include all necessary currencies, languages, time/zone formats, etc.
• Customize planning options according to regional or unit needs – without compromising corporate governance
Protect employees’ privacy
• Control managers’ access to confidential data through the use of role-based permissions
• Use the same application that you use for planning to also present compensation recommendations to managers, while suppressing the display of any confidential information that doesn’t pertain to their staff
Ease auditing, reporting and analysis
• Use standard reports to highlight performance distribution, budget adherence and any exceptions
• See graphic displays of geographical data, statistics and drill-down detail views to compensation details
• Create ad hoc reports for viewing, printing or exporting data
• Analyze employee compensation data in real time
• Create full audit trails to demonstrate compliance
SUCCESSION MANAGEMENT
Succession Management: Make the best preparations for the worst case scenarios
You may have spent years developing your top performers in order to get the most out of them. Protect that investment with a global succession management solution from ADP, one that addresses every level of your reporting hierarchy with a proactive – rather than reactive – approach to succession. Your Weakest Links Are Your Biggest Risks
Your global chain of command is only as strong as its weakest member. You can lose valuable employees overnight in any number of ways, including illnesses, personal leave or to your competitors. You may have employees who are ripe for promotion, but you’re holding them – and your entire organization – back because you don’t have suitable replacement candidates. With a global succession management solution from IDTM you can:
• Identify employees who should be groomed for advancement, and reduce expensive and time-consuming searches for external sources of talent
• Identify and mitigate potential “flight risks”
• Extend succession planning beyond your executive teams to every level of your global organization
• Help you quickly respond to any skills-related performance deficits with a broad, flexible array of learning management solutions from IDTM
• Reach broader goals you may have in global human capital management by integrating succession management with other IDTM-provided services, such human resource management solutions
IDTM Helps You Prepare for Whatever the Future Holds
IDTM can help you anticipate and respond to the biggest succession-related challenges with a solution that empowers you to:
See Who Your Strongest Succession Candidates Are
• Get one-stop visibility into the bench strength of your global workforce
• Build a pipeline of qualified succession candidates and help your managers develop them for advancement
• Leverage employee profiles, performance data and compensation information to aid in planning
See the gaps and make informed decisions about how to fill them
• Easily spot where you’re at your most vulnerable in terms of staffing and leadership
• Get a global view of your organization’s level of readiness and drill down through successor lists to the individual employee level
• Get insight into an employee’s future career potential as early as during the recruitment and hiring process
Help employees pursue their career paths
• Keep employees motivated through clearly defined career trajectories
• Compare current competencies with those needed to advance
• Enable employees to update their own profiles and search for positions to pursue for advancement
LEARNING MANAGEMENT
Learning Management: Skilled employees are the engine of success
As your business evolves, so do the demands placed on your workforce. A global learning management solution can help you create an environment in which the advancement of knowledge and skills become an integral part of your corporate culture, so you’ve always got the best and brightest talent working for you. Global, Flexible Skills Training – Provided Through a Single Point of Access
There’s a better way to teach and train employees. A global learning management solution can replace the piecemeal and reactive approach that many companies still use. A range of learning options and methods can help ease the process of keeping employees’ skills current while also anticipating what skills they’ll need in the future, regardless of where they’re located. IDTM’s solution can help you:
• Provide your workforce with convenient, flexible learning options that are delivered according to their needs: through self-paced e-learning, and in virtual or instructor-led classroom settings
• Maintain your learning platform with content management, compliance management and knowledge management capabilities
• Use IDTM’s performance management solutions to help identify where your employees’ skills gaps are today
• Achieve broader strategic goals in global human capital management by integrating learning management with other IDTM-provided services, such as our succession management and human resource management solutions
• Achieve better compliance and reduce the time and costs involved in administering training to meet certification and regulatory requirements
IDTM Will Soon Provide An Array of Learning Management Solutions
IDTM’s global solutions include:
Online and virtual classroom training options
• Provide employees with portal access to training titles in professional development, sales training, IT skills, safety and health training, management skills and more
• Offer managers and employees a platform from which to browse available courses as well as assign, join and track course enrollment and completion
• Offer personalized, convenient instructor-led training through hosted conference and other online solutions while avoiding the high cost of travel
In-person training options
• Administer instructor-led courses in a face-to-face environment in areas such as management development, legal compliance and corporate leadership
• Let your employees’ schedule dictate training dates by making instructors available on-site to accommodate worker availability
• Manage all aspects of in-person training including event session planning; management of vendors, instructors, facilities and equipment; automated registration and attendance recordkeeping; course waitlist and training “wish list” tracking
Content and knowledge management
• Create, publish and deploy media-rich training content using preloaded templates or customized courses – without needing prior programming knowledge
• Use collaborative tools to author, test and assess course materials
• Create knowledge tests and share grade results instantly for individual and global reporting
TALENT ACQUISITION
Talent Acquisition: Get smarter about how you hire
There’s a war for talent being waged on a global scale. How can you find the right people to fill your open positions – quickly, efficiently and with minimal “bad hire” risk – so your company stays competitive? IDTM’s global recruitment and acquisition solutions can help you sift through today’s growing job pool of candidates and hire the people who will fit your requirements – and fit right in with your company’s culture – no matter where in the world you need them. As a bonus, we can accelerate the process and help you drive down your average “days to hire” for new candidates. Local vs. Global Talent Acquisition – It’s the Same Set of Challenges
Whether you’re looking to staff up a single department or location, or hire thousands of people at dozens of locations around the world, the hiring issues you’ll face are the same. Fortunately, IDTM can help you address them with a solution that offers a single point of entry to all global talent acquisition functions:
Improve sourcing and recruitment management
• Offer consistent, single-point control over all aspects of candidate relationship management
• Provide secure access to confidential data for managers, employees or authorized partners/agencies
• Avoid compliance-related risks with built-in adherence to local and national pre-employment and on-boarding directives
• Build a global talent funnel of passive candidates, active job seekers, networking contacts, employee referrals and internal candidates
• Use social media and premier job posting sites to find and attract new talent, or use a dedicated recruitment specialist to manage all aspects of your recruiting program
• Reduce redundant data entry and simplify the process of conducting background checks with our integrated screening and selection services
• Conduct decentralized, global recruiting while maintaining visibility into the status of each opening
Optimize hiring speed and hiring spend
• Find candidates quickly using active and passive sourcing, and integrated decision support services
• Use flexible, self-managed workflows to simplify recruiting, hiring and on boarding for managers and HR
• Minimize bad hire risks with background checks, drug testing, and performance and retention assessments
IDTM Will Soon Provide Full-Service Global Talent Solutions
Our talent recruitment solution allows you to automate and manage all of your recruiting processes through one common application. IDTM’s global product support services include expertise in delivering local recruiting expertise in close to two dozen languages, using flexible workflows to facilitate in-country candidate data collection, hiring processes and on boarding. In addition, working with IDTM enables you to:
Integrate talent recruitment management with other functions
• Integrate your talent recruitment efforts with other global human capital management initiatives, such as human resource management, compensation management and succession management
• Provide a consistent, consolidated talent recruitment environment, one in which a company recruiter has access to all relevant data and never has to leave the talent recruitment platform to conduct tasks
• Get seamless, automated or user-initiated connectivity to third-party job postings, screening orders, assessment testing invitations, new hire feeds to HR and Payroll and more – without worrying about system or data integration
Optimize system configuration, data management, reporting and analytics
• Adapt to and manage change effectively, with system optimization, data integration, health checks, interactive employment branding and more, provided by IDTM’s technical consulting experts
• Get insights and refine plans with one-click reports, ad hoc reporting tools and data warehouse integration
1. Society of Human Resources Management
1. For every 14 companies, only 1 has a mature global talent strategy in place. - Bersin & Associates, June 2010
2. 93% of companies have no talent management strategy. - Talent Management: Benchmarks, Trends, & Best Practices, Bersin & Associates, 2010
