文档介绍:How to Use Position Management to Build a Talent Management Solution for the 21st Century
How to Use Position Management to Build a Talent Management Solution for the 21st Century
Keith Gardner
Towers Perrin
What We’ll Cover …
What is talent management?
The SAP HCM solution
Foundations for talent management
Wrap-up
What We’ll Cover …
What is talent management?
The SAP HCM solution
Foundations for talent management
Wrap-up
Talent Management: What is it?
Talent management is the ongoing process of:
Attracting
Developing
Moving
Rewarding (top talent)
Reassigning or transitioning out under-performing talent
Key objective:
Having the right people in the right places at the right times doing the right things
Towers Perrin’s 2003 Talent Report Findings
The optimization of attraction, retention and engagement each require different strategies/programs – a one-size approach won’t work
There is still a gap in perceptions about rewards for performance with 49% of respondents not believing pany rewards top performers more than average performers
Making jobs more challenging and improving opportunities for advancement are the two areas in workforce management that would arguably provide the most return on investment
Towers Perrin’s 2003 Talent Report Findings (cont1>.)
Only one-fifth of employees are “highly engaged,” and highly engaged employees tend, on average, to work panies that had revenue growth at least one percentage point above the average for their industry. Conversely, the least engaged employees tend to work panies where revenue growth fell one or two percentage points below the industry average.
Roughly 40% of respondents had negative emotions about their current work experience.
Building engagement is a process that never ends
Our study provides a talent management mantra that says...
To attract me, you’ve got to get the basics right (pay, benefits, career, people)…
Pay
petitive base pay
Pay raises linked to individual perfor