Free Talent Management Software Options
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With so many experienced professionals out in the world, companies want to be sure they are hiring the best in the business. Free talent management software systems can be a great way to attract diverse candidate pools, hire leadership internally, and give employees well-deserved rewards and recognition for their hard work. If you need help outsourcing these services but aren’t ready to pay for premium software, there are still some excellent free software available to help manage those talent needs.
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Matchr’s Top Free Talent Management Software Recommendation
Matchr works with some of the top free payroll software companies. We help match customers with the software that will best fit their company payroll needs. For those who don’t have the possibility of paying for premium payroll software, we’ve compiled the following list of the best free HR software solutions to consider.
1 TalentLMS
TalentLMS offers software for employee onboarding, company training, compliance training, sales training, and even remote partner training. The platform on the software creates learning courses easily, with added tests, quizzes, and live sessions.
The added benefit of the platform is the customizable software permissions and detailed learning paths to track growth. While TalentLMS offers a variety of paid packages, it also offers a “forever-free plan” which allows up to 5 users and provides unlimited email support and up to 10 courses. If you’re looking to grow your company, users can scale their task automation and in-depth reports to tailor their tasks to each team of professionals. To stay connected as a team grows, the software also allows users to meet and connect their video calls or message discussions. All of the training tools you need are in TalentLMS so it’s in one convenient place, a streamlined software platform that companies can customize to their own brand.
Features Typically Found in Free Talent Management Software
Even in free software, there are many tools to help companies optimize their talent management. With interactive digital dashboards that allow both management and employee access, these features can help increase employee satisfaction and engagement throughout their professional journeys.
Talent Pool Sourcing
Talent pool sourcing can be an effective tool for human resource managers and recruiters. Candidate resume data can be saved in the talent management system and be pulled easily when a new role is created. This helps streamline the hiring process and find the most qualified talent for particular positions.
Succession Plans
If you’ve been working with employees internally who have shown great management skills, perhaps it may be time to hire and promote from within. Free talent management software can track successful candidates and identify those leadership opportunities, oftentimes even before an HR manager may be able to identify them.
Interactive Dashboards
No free talent management software is complete without an interactive dashboard for management and staff. These interactive dashboards can pull data reports and analyze performance review progress, recruitment data, hiring trends, and more. The free talent software can aid in hiring decisions that are accurate, and driven by tangible data trends.
Data Protection and Security
With so much personal candidate data in one place, you’ll want to be sure none of that information is compromised. Free talent management software comes with built-in security protections that ensure no one’s personal information is hacked or leaked out into other digital spaces. This ensures your company, and any potential hires, are protected.
Employee Database Centralization
Employee appraisals help upper management evaluate employee performance to determine if they are a good fit for the role and the company as a whole. Free performance management software includes appraisal development software so teams can conclude the value of work being performed more efficiently.
Employee Talent Reviews
For annual appraisals or reviews, talent management systems can help management teams prepare and execute employee recognition programs with success. Businesses that continually recognize talent internally and provide rewards for hard-earned work, tend to create an engaged workforce.
Benefits of Using Free Talent Management Software
Free talent management software tools can offer numerous benefits to companies looking to grow their business or find innovative ways to extend leadership opportunities. The wider the candidate pool in talent management, the more creativity and transformation are possible.
Increase Employee Engagement
With better resources for employee reviews and recognition, staff members report increased engagement and satisfaction in the workplace. Free talent management systems help to initiate ongoing feedback and communication between employees and their managers to create clear role expectations.
Strategic Recruiting
One of the biggest benefits of free talent management software is its recruiting capabilities. The software can pull candidates that stand out from large data sets and identify highly qualified staff members. The more talent companies can attract, the higher the quality of work seen in an organization. The free recruiting tools can also find candidates who aren’t actively applying for jobs and snag the best performers before they are acquired elsewhere.
Diversity and Inclusion
Another added benefit of having a wider candidate pool is diversity and inclusion. When companies are able to expand their hiring pool, they can reach prospective employees that they may have previously looked over and not had access to. Free talent management software helps previously unrecognized talent have a shot at being recognized for their experience.
Potential Limitations of Free Talent Management Software
Despite all of the benefits present in free talent management software, there can be limitations such as the technology learning curve or the time it takes to recruit employees from a wide candidate pool.
Implementation Time
The time it takes for companies to fully integrate and implement talent management software can be concerning for some business owners. Oftentimes HR managers and recruiters may already be overwhelmed, and getting to know an entire new system can sometimes come with hiccups as they figure out how to best use it with their teams.
Long Recruitment Processes
One other possible drawback of free talent management software is that it can inadvertently extend the recruitment process. This usually is done in part to help employers find the best candidates, however, if businesses need a role filled quickly, they do not have time to wait for the perfect candidate to be found.
Miscommunication
As great as talent management review systems can be, sometimes they can cause unwanted miscommunication between managers and employees. To eliminate the chance for miscommunication, it is usually best to consider getting premium talent management software that has more robust capabilities.