Talent review is the bedrock of organizations. It involves core responsibilities such as assessing the skills, abilities, and potential of employees. Naturally, talent review tools have gained a rightful position in the workplace. They help:
- Identify high-potential employees who have the ability to take on more significant roles.
- Helping create a pipeline of talent for future leadership roles.
- Align employee development with business strategy by discovering the skills and competencies.
- Improve retention by identifying career development opportunities and creating a clear career path for employees.
- Identify blatant skill gaps in the workforce by providing training and development.
In this blog, we will look at 10 talent review tools that can enable workforce managers to identify and develop top talent, align employee development with business strategy, improve retention, and identify skill gaps.
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Top 10 Talent Review Tools Every Hiring Manager Must Know About
1. iMocha
iMocha is a skill intelligence and assessment platform that leverages AI technology to help you make informed talent decisions. Its range of features and customization options make it a versatile platform that can be tailored to meet the unique needs of any organization, while its powerful assessment tools help to ensure that employees are performing at their best.
It provides a comprehensive overview of employee performance, encompassing their strengths, weaknesses and areas where they can improve. This helps managers identify training and development requirements effectively and develop plans to enhance performance. Additionally, organizations can utilize the taxonomy and skill inventory functionality to establish skill benchmarks for existing and potential employees.
Top Features:
- World’s Largest Skills Assessment Library
- Cheating Prevention Tools
- Skill Ontology and Taxonomy
- Skill Mapping
- Multi-level Skill Validation
- AI-LogicBox
- Coding Simulations
- Live Coding
G2 Rating: 4.4 out of 5 stars (246 reviews)
Price: Customized enterprise plans available
2. Quantum Workplace
Quantum Workplace is a web-based talent review software that enables hiring managers to assess employee performance, identify areas of improvement, and develop employee career paths.
Additionally, the tool provides a user interface that enables managers to review and monitor real-time employee performance data while also offering valuable insights into individual strengths areas, for improvement and future potential.
Top Features:
- Customizable Performance Metrics
- Goal Setting and Tracking
- Automated Feedback and Recognition
G2 Rating: 4.5 out of 5 stars (437 reviews)
Price: Available on request
3. Predictive Index
Predictive Index is a cloud-based talent review software that assists recruiters in identifying, nurturing and retaining top talent.
If you are looking to utilize data driven insights and make informed choices regarding talent acquisition, growth and retention, this is one of the commonly known talent review tools you can opt for.
Top Features:
- Behavioral Assessments
- Job Analysis and Benchmarking
- Talent Optimization
- Real-Time Analytics
G2 Rating: 4.8 out of 5 stars (485 reviews)
Price: Available on request
4. Lattice
Lattice is another cloud-based talent review tool that enables recruiters to manage employee performance, engagement, and development.
It comes power-packed with a comprehensive set of features that enable managers to track employee performance data, identify areas for improvement, and develop talent pipelines.
Top Features:
- Continuous Feedback and Recognition
- Customizable Performance Metrics
- Career Development Planning
- Analytics and Reportin
G2 Rating: 4.7 out of 5 stars (3790 reviews)
Price:
- Performance Management: $11 per person/month
- Engagement: $4 per person/month
- Grow: $4 per person/month
5. 15Five
15Five is HR software that helps businesses assess and oversee employee performance efficiently. It provides functionalities such, as tracking performance conducting talent reviews setting goals and recognizing employees.
HR managers, team leaders and executives primarily utilize this software to offer feedback to employees, identify areas for training and development and establish career paths for their workforce.
Top Features:
- Performance Tracking
- Talent Review
- Goal setting
- Employee Recognition
- 360-degree Feedback
G2 Rating: 4.6 out of 5 stars (1760 reviews)
Price:
- Engage: $4per user/per month
- Perform: $8per user/per month
- Focus: $8per user/per month
- Total Platform: $14per user/per month
6. Leapsome
Leapsome is a cloud-based performance management platform that offers a Talent Review module.
This talent review platform enables managers to conduct talent reviews for their team members, providing a holistic view of employee performance, potential, and career development opportunities.
Top Features:
- Customizable templates for creating review forms
- Interactive dashboards
- 360-degree feedback
- Performance analytics
G2 Rating: 4.8 out of 5 stars (1500 reviews)
Price: Leapsome offers 6 pricing models: Perform, Align, Engage, Learn, Reward, and Enterprise. Contact the team to get the price quote.
7. UKG Pro
UKG Pro is an HR management software that includes a Talent Review module. The tool enables managers to identify top performers, track employee progress, and create career development plans.
Top Features:
- Customizable talent review templates
- Dashboard analytics
- Performance benchmarks
- Collaborative tools
G2 Rating: 4.2 out of 5 stars (1476 reviews)
Price: Available on request
8. Paylocity
Paylocity is a cloud-based HR and payroll management software that includes a Talent Review module.
The tool enables managers to conduct talent reviews, identify high-potential employees, and create career development plans.
Top Features:
- Customizable talent review templates
- Dashboard analytics
- 360-degree feedback
- Collaborative tools
G2 Rating: 4.4 out of 5 stars (2416 reviews)
Price: Custom pricing is available on request
9. Gloat
Gloat offers a talent marketplace that utilizes AI technology, which includes a module called Talent Review. This powerful tool allows managers to identify performing individuals, monitor the progress of employees and establish plans for their career development.
Top Features:
- AI-powered talent matching
- Dashboard analytics
- Collaborative tools
- Personalized career development plans
G2 Rating: 4.5 out of 5 stars (19 reviews)
Price: Available on request
10. WorkTango
WorkTango offers a software solution for employee engagement and performance management, which includes a Talent Review module. With this module managers can easily conduct talent reviews, keep track of employee progress and develop career plans.
Top Features:
- Performance Evaluations
- Competency Assessment
- Career Development
- 360-Degree Feedback
G2 Rating: 4.6 out of 5 stars (733 reviews)
Price: Available on request
FAQs
1. What should a talent review include?
A talent review should include the following:
- Performance evaluation
- Potential evaluation
- Readiness evaluation
- Analyzing skills and competencies
- Identifying development needs
2. How do you run an effective talent review?
To run an effective talent review, consider the following:
Determine the purpose of the talent review and what you hope to achieve.
- Decide on the individuals who will participate in the talent review process, such as managers and HR representatives.
- Collect performance evaluations, potential assessments and any other pertinent information regarding employees.
- Review employee data, discuss potential and readiness with managers, and identify development needs.
- Collect performance evaluations, potential assessments and any other pertinent information regarding employees.
3. How do you measure employee talent?
To measure employee talent, leverage:
- Performance metrics to evaluate an employee's performance against job requirements and company standards.
- Gather feedback from peers, managers, and other stakeholders to assess an employee's skills and competencies.
- When considering an employee's growth and development within the company it is necessary to evaluate their potential for advancement.
- Behavioral assessments to evaluate an employee's personality traits, such as their ability to collaborate or communicate effectively.
- Evaluate an employee's skills and abilities through skills assessments or tests.
