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What Is SAP Talent Management?
SAP Talent Management products are offered in the SAP SuccessFactors Talent Management suite. The solutions offer capabilities that go beyond traditional core human resources (HR) software, enabling companies to provide more employee-centric HR programs from recruitment to retirement and beyond. SAP Talent Management also encompasses non-HR functions, such as sales performance management.
Talent management has become increasingly important at companies as they have realized the value of employee retention and employee satisfaction. This has encouraged organizations to offer better experiences in key areas such as talent acquisition, onboarding, development planning, training, and goal setting.
The SAP Talent Management modules include:
- SAP SuccessFactors Recruiting
- SAP SuccessFactors Onboarding
- SAP SuccessFactors Performance & Goals
- SAP SuccessFactors Compensation
- SAP SuccessFactors Learning
- SAP SuccessFactors Succession & Development
- Sales Performance Management
- Opportunity Marketplace
Many companies offer SAP Talent Management services that help customers implement SAP SuccessFactors as part of their HR strategy, such as Alight and Deloitte. Other companies offer products that integrate with SAP SuccessFactors to expand on SAP Talent Management capabilities. For example, Phenom provides a Candidate Experience Management solution that can complement SAP SuccessFactors capabilities.
What Is SAP Talent Management?
SAP Talent Management products are offered in the SAP SuccessFactors Talent Management suite. The solutions offer capabilities that go beyond traditional core human resources (HR) software, enabling companies to provide more employee-centric HR programs from recruitment to retirement and beyond. SAP Talent Management also encompasses non-HR functions, such as sales performance management.
Talent management has become increasingly important at companies as they have realized the value of employee retention and employee satisfaction. This has encouraged organizations to offer better experiences in key areas such as talent acquisition, onboarding, development planning, training, and goal setting.
The SAP Talent Management modules include:
- SAP SuccessFactors Recruiting
- SAP SuccessFactors Onboarding
- SAP SuccessFactors Performance & Goals
- SAP SuccessFactors Compensation
- SAP SuccessFactors Learning
- SAP SuccessFactors Succession & Development
- Sales Performance Management
- Opportunity Marketplace
Many companies offer SAP Talent Management services that help customers implement SAP SuccessFactors as part of their HR strategy, such as Alight and Deloitte. Other companies offer products that integrate with SAP SuccessFactors to expand on SAP Talent Management capabilities. For example, Phenom provides a Candidate Experience Management solution that can complement SAP SuccessFactors capabilities.
Key SAP Talent Management Considerations for SAPinsiders
- SAP Talent Management offerings are cloud-based. SAP SuccessFactors made its name in the talent management software-as-a-service (SaaS) space long before it was purchased by SAP in 2012. A decade later, SAP SuccessFactors is SAP’s primary focus for HR software development, with the cloud-based talent management modules getting twice-yearly updates.
- Many on-premise SAP ERP HCM customers also use SAP SuccessFactors talent modules. The SAP SuccessFactors suite is offered in a modular way — which means customers can choose specific functionalities without investing in a full cloud HR suite. On-premise SAP customers have often added on SAP SuccessFactors talent modules such as Performance & Goals or Recruiting to their existing HCM offering as a way to test the cloud HR software waters.
- Companies are increasing focus on a potential employee’s first impression. In our recent HR Technology State of the Market report, recruiting and onboarding solutions were in use or being implemented at just 36% and 29% of respondents’ organizations, respectively; however, they were the top two HR technologies in planning or evaluation mode. This suggests companies are beginning to understand the importance of a first impression when it comes to meeting requirements — particularly in areas such as talent acquisition and retention.
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Recession-Proof Your Recruiting with Contingent HiringNov 15, 2022 — With a labor shortage and fears of an upcoming recession, employers are looking to do more with less – this is especially true when it comes to hiring. More and more companies are turning to the contingent workforce to drive their business forward during these uncertain times. By pivoting their recruiting strategy, companies can expand their workforce without a long-term commitment and reduce costs.
Join us to hear how Eightfold's Talent Flex technology can:
- Help create a scalable workforce that can adapt to a dynamic talent market
- Increase agility to adapt to unexpected disruptions
- Raise the quality of your hires with skills-based AI
1 minute read
4 Strategies That You Need to Hire the Right SAP TalentOct 21, 2022 — This article will help you understand the different strategies needed to not only attract new, skilled talent, but ensure that they are satisfied with their role in the organization and remain a productive employee for a long time.
We’ve seen tumultuous changes in trends in the job market over the last two years. The inclusion of tools in the everyday workforce has become standard practice, and automation is to be expected. SAP is one such tool that automates business processes to encourage lean and efficient operations.
This progress towards the digital age has been streamlined with The Great Resignation. There's now a shortage of technological skills, and leaders face the challenge of restructuring their operating environments to fit the demand, lest they risk the continuity and success of critical SAP projects.
Now that digitalization is more important than ever, companies need to bring out strategies that can help in attracting the best SAP talents.
In the 21st century, company culture is an important variable that determines whether an employee chooses a workplace. Standards have increased for workers to prioritize how they feel throughout their entire employment lifecycle, over other variables like pay.
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Tenova Realizes 10% Savings in HR Costs with SAP Talent Management SolutionOct 13, 2022 — Tenova recognized the need for an HR system that could support international expansion and engage an evolving workforce. Strategic decision-making, uniform people management, and common ways of working through policies and procedures were all critical to continued success. Learn how SuccessFactors was leveraged to help Tenova achieve cost savings and efficiency on a global scale.
3 minute read
Town Hall: Is Managing the “Whole” Employee too Big a Bite to Take?Jul 22, 2022 — There is a growing consensus that the more you can understand about your employees the better you can manage them. Additionally, allowing employees to be part of their own career journey encourages retention of talent. But how do we get there?
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Kennametal’s Global Rewards Journey with Xoxoday and SAP SuccessFactorsApr 1, 2022 — How do you make rewards appealing to your employees? They need to be relevant to their daily lives. That can be a challenge when you have employees in different countries around the world. Kennametal overcame that challenge and increased engagement in its rewards program by providing localized awards with the help of Xoxoday and SAP SuccessFactors.
Xoxoday provided Kennametal with a global, standardized platform for redemption, but provided employees with regionally-relevant awards. Kennametal also worked closely with Xoxoday to ensure the platform met their specific needs, even down to company culture—aligning rewards and recognition to Kennametal’s core beliefs.
“There were things we challenged Xoxoday to do for us that maybe they hadn’t done with other clients, but now they can bring those solutions to other clients,” says Lippa. “We have a relationship to be a little innovative in how we are going to use the program and how we are going to leverage recognition for our employees.”
In this SAPinsider Technology Insight video, hear:
How Kennametal transformed its rewards and redemptions program with Xoxoday and SAP SuccessFactors integration.
Why offering relevant and localized rewards was key to the success of the program.
Kennametal’s co-innovation journey with Xoxoday to build a unified rewards and recognition platform aligning with its core company beliefs that could be applied globally across multiple countries.
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How Alumni Management Drives Talent Acquisition and SalesMar 3, 2022 — A robust alumni program can provide tangible benefits to a business. Engaged alumni are some of the best cheerleaders for your organization. Building to that level of effective alumni management requires the right culture and can be enabled by technology.
PeoplePath Co-CEO Tony Audino says alumni are the second-best source of recruiting referrals after current employees. Tapping into that resource can help companies combat the effects of The Great Resignation. Beyond that, he says the best companies are increasing sales through their alumni management programs.
In this video, we talk with Audino to discuss:
- Overcoming the top challenges in alumni management
- How one company generated $376 million in alumni-assisted sales
- Leveraging alumni for low-cost talent acquisition
- The role that technology plays in alumni management strategy
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SAP Social Sabbaticals Develop Leadership SkillsJan 13, 2022 — SAP has developed a program called “social sabbatical” that sends employees around the globe to work with a team to tackle challenging social problems. The program is designed to develop leadership skills, motivate employees, improve employee retention, and attract new recruits. Begun in 2012, the program has expanded to include 1,300 employees from 51 countries […]
2 minute read