DEVELOPING YOUR COMPANY'S TALENT

Our talent development solution allows you to get top performance from your employees. You will know which practices, departments, and employees are most effective in their roles. Your staff will benefit from specific feedback and appraisals, fair compensation, and targeted training opportunities.

Our performance management solution enables you to accurately identify and close employee skill gaps and opportunities to develop strengths, reduce time and money spent on non-strategic training, and save time and administrative cost by immediately offering training options during the performance appraisal process.

As an employer you will know which practices, departments, and employees are most effective in their roles. Employees will benefit from recognition and appreciation that is fair, and from training opportunities for personal development that are specifically targeted.

Benefits of our solution include:

Save time and money by automating the performance management process
Align individual goals to corporate objectives
Reduce employee turnover and improve retention rates
Create succession plans and actively manage your workforce requirements

Automate Performance Management Process

Performance Management solutions from Vast Talent help you save considerable time automating performance appraisals, career & succession planning, organizational goals, and compensation analysis. Replacing cumbersome processes with automated performance management systems provide many benefits:

Performance Appraisals: No longer manual. No longer annual. Is your process annual because it’s manual? Many customers are now able to conduct enterprise-wide performance appraisal cycles much more frequently with the automated web-based system.
Better data. Better performance. Manual home-grown or traditional paper-based performance management processes usually dump hours of hard work into an isolated form that remains locked in filing cabinet. The best ROI from a performance management system comes with access to actionable data that helps you develop, maintain, and promote key employees.
Give managers the tools to manage better. The easier your organization can make the performance appraisal process, the more you are equipping managers with the tools to effective engage your workforce, fill skills gaps, and fulfill your promise to develop individuals.
Ensure performance appraisal consistency and standards. Employees’ performance reviews should reflect their true performance and not be subjected to their manager’s way of rating. By implementing a web-based performance appraisal system across your organization with workflow based on industry best-practices, your organization can ensure all employees are measured under the same process and criteria.
Better quality feedback leads to better performance. SumTotal’s employee performance management solutions provide easy-to-use tools and workflows that have been developed from the best-practices of thousands of organizations.

Align Organizational Goals

Success is best defined as the ability to set ambitious goals and then achieve them. Our employee performance management system provides cascading goals functionality that transforms each employee's goals into an individual scorecard that can be aligned directly to your corporate strategy. Your employees will not only understand how company strategy impacts them, but also how they can impact company strategy.

An Aligned Goal Strategy Increases Profits. Countless organizations have employees spinning their wheels on non-valuable activities because they’re misaligned. With an employee performance management system, you can ensure every employee is working toward critical objectives. SumTotal customers have found this to have considerable impact on financial performance.
Focus Employees and Show Where They Fit. See Better Results. Our line-of-sight, cascading goal functionality is one of the most empowering tools you can give your employees. With focused, clear objectives that map to the overall organizational strategy, employees understand where their contribution lies and are energized and compelled to perform.
Easy Tracking. Any Time. With our tools, tracking and monitoring your goals is easy. We ensure you can always get an up-to-date snapshot of goal status with manager dashboards, email notifications and available reports. You can view the progress of individuals, teams, and even the entire company.
Set Developmental Goals and Provide Employee Tools to Act. In addition to tracking critical objectives, our goal management functionality also allows you to track individual development plans. Developmental goals also integrate with the performance appraisal process, but more importantly, can link to a the Learning Management System where employees can immediately act on developmental goals and fill skills gaps with recommended learning activities.

Reduce Employee Turnover

Every HR professional knows finding quality talent is getting harder and harder. The best way to reduce replacement costs and the productivity lost with prolonged vacancy is to maintain employees. Employee performance management systems have proven to reduce employee turnover and save organizations millions.

Engagement and development reduces turnover. One of the most common reasons employees leave their positions is due to not being given adequate opportunities to develop. Employee performance management systems provide organizations, managers, and employees a structured environment to keep employees engaged, identify areas they can develop, and show what they need to grow within the organization.
Right person. Right job. Career and Succession planning technology allow you to track skills inventories and map individuals to positions throughout the organization. Not only does better job matching reduce an employee’s flight risk, it enhances the level of productivity out of this individual.
Identify and create succession plans for critical roles. Many organizations only have succession plans for their top brass while the most critical employees are dispersed across the organization. With career and succession planning tools that help identify the bench strength and fill skill gaps for these positions, organizations lessen the impact of employee turnover and reduce the likelihood of losing those waiting in the wings.
Identify and develop top performers and high potentials. By systematically reviewing all performance management data, organizations can analyze what employees they see in future leadership roles and ensure enough enticing development opportunities are created. Far too many employees leave because the organizations are able to provide the opportunities or challenges.
Read more about how we can help automate performance appraisals

Create sound succession plans

Where are the critical roles in your organization and what will you do if you need to fill those roles today? No matter what size an organization is, the pain and expense of having to fill a gap left by a critical employee can be staggering. And unless you are able to promote from within, you are faced with the high cost of external recruiting, including hiring, training, and support costs, as well as indirect costs such as the productivity losses incurred while you are waiting to fill that position. A sound succession plan can provide the information you need to answer the question “who’s ready to fill that position today?”

Identify and create succession plans for critical roles. With career and succession planning tools that help identify the bench strength and fill skill gaps for these positions, you can lessen the impact of employee turnover and reduce the likelihood of losing those waiting in the wings.
Focus employees and show where they fit. See better results. Do you have the right employee working on the right assignment at the right time? Our line-of-sight, cascading goal functionality is one of the most empowering tools you can give your employees. With focused, clear objectives that map to the overall organizational strategy, employees understand where their contribution lies and are energized and compelled to perform.
Identify and develop top performers and high potentials. By systematically reviewing all performance management data, organizations can analyze what employees they see in future leadership roles and ensure enough enticing development opportunities are created. Far too many employees leave because the organizations are able to provide the opportunities or challenges.
Click here to read details on our succession planning tool.


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