Top Talent Management Systems — August 2021

Everything you need to know about talent management software so you can better manage and engage employees, and boost your bottom line

Phil Strazzulla, HR Tech Expert, Harvard MBA, Finance and Software Nerd Jan 05, 2022

Talent management is a priority for companies large and small. After all, it encompasses so many key areas — from recruiting and onboarding to performance management to compensation to learning and development to offboarding and succession planning. It’s no surprise then that talent management software exists to help HR professionals better manage these processes. When used effectively, they can help you find and hire the right talent, make strategic people decisions as you grow, boost employee morale, and create a more productive company overall.

Depending on the size and needs of your company, you might opt for a talent management solution that helps you manage the entire employee lifecycle (from hire to retire) — or you can scale back and find a few solutions that specialize in one piece of the overall talent, workforce and human capital management pie.

In this guide, we’re going to help you figure out which type of solution is right for you, why you might need it, and how it can make your job easier.

We spend hundreds of hours researching the best HR and recruiting software so you don’t have to.  We never take money from vendors during our research phase and rely heavily on practitioners and experts to help us recommend the right software.  However we may earn a fee if you click on vendor links on this page.

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A Quick Breakdown: Top Talent Management Platforms

ClearCompany has a tailor-made talent management system that you can use to align with your mission and goals. With features such as new hire reviews, shoutouts, and real-time feedback, ClearCompany is a complete talent management solution.
ChartHop is a visual analytics tool that helps you manage your talent by allowing you to understand your people data. With it, you can design an org chart, measure effectiveness of DEI programs, and save hours worth of time and money.
BambooHR's talent management software is designed for employee engagement and accurate reflections of employee performance. Use it to conduct actionable reviews, regular assessments, and tracking employee goals among other things.
Bob has a delightful user experience and aims to increase employee engagement. Analytics, benefits, goal setting – these are just few of the features that come with Bob's talent management software.
ADP fosters talent management in various arenas like performance management, leadership development, compensation, team performance. A revered feature is that it helps you identify patterns as to why people leave your company.
Ultimate Software enables you to engage and develop your workforce. They do this with features that let you assess performance, gather feedback, ensure employee's growth, and seeing your company's data.
Workday has a full suite of talent management apps that focus on developing an employee's skills. Some of its key capabilities are talent acquisition, learning, performance management, and development.

We put in the effort to make this guide awesome

23
Hours Researched
4
Experts Consulted
10
Vendors Reviewed

Our criteria: How we chose the best vendors

We take our research seriously and want to make sure we are presenting our readers with the very best solutions in a given software category.  Here's how we select vendors to be in our buyer guides:

  • Product: We want to have a deep understanding of a vendor's product before recommending it.  This usually means getting a demo by a senior executive (their CEO, head of product, etc), and/or using the product ourselves to make sure it has a solid UI, intuitive workflows, and the features to make it a best in class offering.
  • User feedback: We do our best to understand what users say when they experience this product.  User input allows us to accomplish a more thorough due diligence of products, put new vendors on our radar, and generally make sure we are presenting the right products to our readers.
  • Financial metrics: We are very much finance nerds and so use a product's retention rates, growth, profitability, and scale to understand whether or not it is truly best in class.
  • Best for a use case: Sometimes the best solution is the cheapest, the best tool for international companies, or the best for startups. We try to include a diversity of solutions so that our readers can find the tool that is best for what they need.

Here's more detail if you want to read further on how we research vendors.

In this guide you'll find

Featured in

Top Talent Management Systems — August 2021

We surveyed the landscape for the best talent management software, here are some vendors we think you should look into.


ClearCompany

Review

ClearCompany's software allows HR teams to manage the full employee lifecycle from hire to offboarding. Their talent management system encompasses an ATS, onboarding, HRIS, performance management, and workforce planning. They also have a yearly conference dedicated to talent management, called Talent Success.

ClearCompany

Stats

  • Over 2,000 clients
  • Founded in 2004
  • 640,000 total users

ClearCompany

Pricing:

Best For

ClearCompany is best for large companies looking for a talent management suite.

Worth Checking Out:

WorkDay

Review

While hated by many users, and the HR teams that have to implement this solution, Workday is still one of the best talent management systems particularly for large enterprise companies that need a solution that can scale, checks the necessary IT/Infosec boxes, and can be implemented across large global companies. In fact, we see more and more top People teams adopting Workday for their HCM suite as time goes on.

WorkDay

Stats

  • Used by over 45% of the Fortune 500
  • Over 7,000 customers

WorkDay

Pricing

Best For

Large and enterprise companies.

Worth Checking Out:

Bob

Review

Bob is a relatively new entrant to the market. They have a slick user interface for HR teams and employees alike. They take a data driven approach to improving culture and performance, along with making sure they do everything a typical talent management system would do, from a paperwork and compliance perspective. Bob is a great solution for mid-market companies looking for a new talent management partner.

Bob

Stats

  • Over 13 modules 
  • Four packages to cover most needs 
  • Founded in 2016

Bob

Pricing

Bob offers custom pricing, for which you must get in contact with a sales rep.

Best For

Companies of any size looking for highly customizable modules.

Worth Checking Out:

ChartHop

Review

Originally, ChartHop started out as an org chart software vendor. They now see their offering as a new category called organizational management, which can deliver on many of the tasks you'd expect from talent management software. For example, they've added people analytics, headcount planning, and compensation management tools to their platform. You can use this tool to understand the state of diversity hiring, for example, or how your organization is changing in real-time.

ChartHop

Stats

  • Saved customers a total of $2.5M in lost productivity
  • Raised $14M in Series A funding
  • Peloton, OpenAI, better.com

ChartHop

Pricing

ChartHop’s organizational management platform is a part of their suite of employee management products.

The pricing tiers that offer compensation planning are Grow, Scale, and Enterprise. They are $7 per employee per month, $10 per employee per month, and custom priced respectively.

Best For

Worth Checking Out:

ADP

Review

ADP needs no introduction as one of the largest vendors in the HR space. They of course manage payroll for millions of employees each month. They also have a software suite for HR teams who need a simple talent management suite.

ADP

Stats

ADP

Pricing

ADP has separate packages based on on whether or not you have over or under 50 employees. They do not offer pricing information on their website, but they do show that talent management tools come with the Performance Plus plan.

Best For

Any company will find a use case in ADP.

Worth Checking Out:

ADP has a reputation of great customer service.

BambooHR

Review

BambooHR has over 16,000 customers using their HR and recruiting software. They have standard HR/People software (onboarding, PTO, performance management), along with a robust recruiting software suite. It's no wonder so many small and mid-sized companies turn to them for their talent management needs.

BambooHR

Stats

  • 16,000 customers
  • Founded in 2008

BambooHR

Pricing

Best For

Small and mid-sized companies.

Worth Checking Out:

UKG

Review

UltiPro is one of the largest HR software providers out there and their suite is definitely one to take a look at when it comes to Talent Management. Specifically, their software is used by thousands of companies for succession planning, performance management, recruiting, and the standard blocking and tackling you'd expect from a robust HRIS. Ultimate Software recently merged with Kronos to create an all-encompassing HR software group.

UKG

Stats

  • Average ROI of $3.88 for each dollar invested in Ultimate Software products
  • 96% customer retention rate

UKG

Pricing

Best For

Large or enterprise companies.

Worth Checking Out:

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Next Steps for Talent Management

To help you determine the right solution for your talent management needs, you need to think about the big picture. More specifically, will you benefit from one solution that manages everything, or would you rather invest in a few providers that are best-in-class for specific categories. For example, one recruiting and onboarding tool, one HRIS, one performance management system, one HCM solution, etc. 

You’ll be able to get clarity on this during your demos, but you should also do some internal analyses of your human resource management efforts. That way, you can see: 

  • What’s been working (and therefore where you might not need help)
  • What’s becoming more of an administrative burden
  • What your HR department will need in the near future as your company grows

All in all, you want a talent management system that’s going to help you better manage and engage your people so you can find the right talent — and keep them around so your company can grow.

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