Human capital management includes a comprehensive suite of HR processes. HR leaders can use HCM for:
Talent acquisition: Find the right candidates efficiently with streamlined recruiting and hiring processes
Payroll: Manage team data, benefits, and compensation in a centralized system
Learning management: Provide learning and development opportunities to enhance your people’s skills and knowledge
Talent management: Support team member development, performance management, and succession planning
Time and attendance: Simplify time tracking, scheduling, and attendance management
Compliance: Ensure organization policies adhere to local and global laws and regulations
Analytics and reporting: Generate relevant insights into performance trends, turnover, cost-per-hire, and employee engagement rate