ISG Software Research Analyst Perspectives | Human Capital Management (3)

Strategic Onboarding Increases Business Success

Posted by ISG Research on 26 July 2023

For decades, most organizations thought of onboarding as a basic housekeeping item, akin to filling out tax withholding paperwork, having a picture taken for a badge, getting a uniform or signing for a handbook. In reality, true onboarding encompasses much more. It’s considerably more strategic than tactical, including all processes required to successfully integrate a new employee into an... Read More

Topics: Human Capital Management, Talent Management, employee experience

Plum Provides Insights for Better Talent Management

Posted by ISG Research on 05 July 2023

Perhaps no human capital management-related topic has been more widely examined in recent years than the struggle to find and retain top talent. Software has flooded the market to address the challenge from every angle — automated sourcing and stack ranking of candidates; artificial intelligence-powered employee sentiment analysis for identifying and reducing the risk of attrition; and internal... Read More

Topics: Human Capital Management, Talent Management

WorkForce Software Focuses on the Essentials of Workforce Management

Posted by ISG Research on 09 June 2023

Workforce management software is used to automate and streamline core processes that organizations use to optimize their hourly workforce. These include capabilities like labor forecasting, scheduling, time tracking, absence management and compliance. In today’s competitive labor market with the complexities that accompany hyper-localized workforce rules and regulations, workforce management... Read More

Topics: Human Capital Management, Workforce Management

HiBob Setting a New Standard for HCM Platforms

Posted by Mark Smith on 16 May 2023

The past five years have witnessed unprecedented innovation and investment in HCM technology. As quickly as the world of work has changed, so too have new technologies emerged to support those changes to optimize human engagement and business outcomes. Point solutions and platform providers alike have made headlines with advances in talent intelligence, personalization within the flow of work,... Read More

Topics: Human Capital Management, employee experience

Skills-Based Workforce Possible with Commitment to Digital Passport

Posted by ISG Research on 10 May 2023

Organizations are constantly striving for agility and efficiency to stay competitive. From a human-capital standpoint, a logical way to achieve this is by moving away from a job title and education-based workforce and transitioning to one that is skills-based. This approach emphasizes the skills and capabilities of individuals rather than their prior job titles or education, enabling... Read More

Topics: Human Capital Management, Talent Management

Pay Transparency Mandates Require Preparation for Managing Compensation

Posted by ISG Research on 24 April 2023

The world is witnessing a long overdue and significant shift in the realm of pay equity and transparency. On March 30, the European Parliament passed the Pay Transparency Directive, mandating pay transparency and equity within organizations in an effort to close the gender pay gap and ensure equal pay for equal work. This legislation comes with teeth, providing strict mechanisms for enforcement... Read More

Topics: Human Capital Management, Total Compensation Management, Pay Equity

Opportunity Marketplaces Help Address Talent Shortage

Posted by ISG Research on 19 April 2023

In recent years, organizations have struggled to find and retain the right talent to fill critical roles. This can be attributed to a combination of factors, including an aging workforce, a lack of critical skills needed for current and future organizational needs, and increased competition for talent from other organizations seeking similar skills. Our research shows that, within the next five... Read More

Topics: Human Capital Management, Talent Management

Workday Excels at People Analytics

Posted by ISG Research on 11 April 2023

People analytics is the application of data and statistical methods to better understand and optimize the human capital within an organization. It has become a crucial aspect of business strategy as organizations seek to make data-driven decisions about the workforce. In the past decade, the people analytics market has experienced substantial growth, as businesses look for ways to gain insight... Read More

Topics: Human Capital Management, Analytics, HR Analytics, People Analytics

Total Compensation Management Value Index Classifies and Rates Vendors

Posted by ISG Research on 31 March 2023

We are happy to share insights gleaned from our latest Value Index research, an assessment of how well vendors’ offerings meet buyers’ requirements. The Ventana Research Value Index: Total Compensation Management 2023 is the distillation of a year of market and product research by Ventana Research. Drawing on our Benchmark Research, we apply a structured methodology built on evaluation categories... Read More

Topics: Human Capital Management, Total Compensation Management

Market Observations from the Total Compensation Management Value Index

Posted by ISG Research on 30 March 2023

Having just completed the 2023 Ventana Research Value Index for Total Compensation Management, We want to share some of my observations about how the market has advanced since our assessment three years ago. For more than two decades, Ventana Research has conducted market research in a spectrum of related areas including Total Compensation Management (TCM) as well as broader HCM areas ranging... Read More

Topics: Human Capital Management, Total Compensation Management

Learning Management Systems Value Index Classifies and Rates Vendors

Posted by ISG Research on 20 March 2023

I am happy to share insights gleaned from our latest Value Index research, an assessment of how well vendors’ offerings meet buyers’ requirements. The Learning Management Value Index 2023 is the distillation of a year of market and product research by Ventana Research. Drawing on our Benchmark Research, we apply a structured methodology built on evaluation categories that reflect the real-world... Read More

Topics: Human Capital Management, Learning Management

Learning Management Systems: An Integral Resource for Any Organization

Posted by ISG Research on 17 March 2023

Having recently completed the 2023 Ventana Research Value Index for Learning Management Systems (LMS), I’d like to share some of my observations about how the market has advanced since our assessment three years ago. The evolution of the LMS technology market has accelerated exponentially as a result of shifts in employer and worker expectations that occurred during the pandemic and continue... Read More

Topics: Human Capital Management, Learning Management

Power the Talent Journey with Integrated Systems

Posted by ISG Research on 16 March 2023

A decade ago, organizations were sold on best-of-breed technology stacks. In the world of human capital management, that meant a separate system for each of the myriad processes that make up a worker's life span with a company. The approach seemed to make sense because a single system cannot be the best at everything, can it? Is it realistic for a single provider to create the most advanced... Read More

Topics: Human Capital Management, Talent Management, employee experience

5 Strategies to Improve Candidate Experience and Conversion Rates

Posted by ISG Research on 01 March 2023

Recruiting is hard. The best candidate often isn’t even actively looking for a new role, and yet recruiters are expected to find the perfect match of skills, experience and fit at exactly the right time and somehow convince that individual to leave a familiar role and work community to join a new organization. Those who are already in the market have gone to considerable lengths to ensure their... Read More

Topics: Human Capital Management, Talent Management

Continuous Compensation Management Requires the Right Technology

Posted by ISG Research on 15 February 2023

Compensation management is the practice of strategically aligning worker pay with job roles, responsibilities and organizational objectives. It involves setting pay levels to ensure employees are adequately rewarded for their work while considering factors such as external economic trends, internal equity, budget constraints, tax regulations and compliance requirements. Historically,... Read More

Topics: Human Capital Management, Total Compensation Management

The Case for Continuous Performance Management

Posted by ISG Research on 01 February 2023

In January of 2020, I was head of product innovation for a newly launched product in the human capital management technology space, targeting high-volume hiring. We had big ambitions for that year, tied to product development and sales, all documented during our annual goal-setting and performance review process. And then the pandemic hit, and everything changed overnight. Everything, that is,... Read More

Topics: Human Capital Management, Talent Management

HCM Market Agenda: A Focus on Experience and Engagement

Posted by ISG Research on 26 January 2023

Ventana Research recently announced its 2023 Market Agenda for Human Capital Management, continuing the guidance we’ve offered for two decades to help organizations derive maximum potential from workforce- and people-related technology investments and initiatives. In crafting this Market Agenda, we focused on three critical themes top-of-mind for both HCM vendors and buyers: Organizational... Read More

Topics: Human Capital Management, Employee Engagement, Learning Management, Talent Management, Workforce Management, Payroll Management, Total Compensation Management, employee experience

2023 Market Agenda: Digitalization Evolves for Business Revitalization

Posted by Mark Smith on 06 January 2023

Ventana Research has announced its market agenda for 2023, continuing a 20-year tradition of credibility and trust in our objective efforts to educate and guide the technology market. Our research and insights are backed by our expertise and independence, as we do not share our Market Agenda or our market research – including analyst and market perspectives – with any external party before it is... Read More

Topics: Customer Experience, Human Capital Management, Marketing, Office of Finance, Analytics, Data, Digital Technology, Operations & Supply Chain, Office of Revenue

Skills-First Hiring is the Future of Talent Acquisition

Posted by ISG Research on 05 January 2023

As the world of work continues to evolve, so too must the way organizations evaluate talent. Traditional evaluation criteria like education and prior job titles still have a place in hiring, promotion and succession-planning processes. However, organizations that consider transferrable skills first have the opportunity to screen in talent that they may not have otherwise considered, creating a... Read More

Topics: Human Capital Management, Talent Management

UKG Excels in User Experience

Posted by ISG Research on 29 December 2022

Since its inception, HCM software has upended how people interact with their workplace. Paper resumes have given way to online applications. Physical time clocks have largely disappeared in favor of apps or clocks housed within a point-of-sale system. Even benefits enrollment has entered the digital age, adding tools like decision-support modeling to help enrollees determine which of the myriad... Read More

Topics: Human Capital Management, employee experience