Retaining talent continues to be the number one challenge for hundreds of senior Human Resources (HR) managers according to the HR Challenges in 2008 survey by Taleo. Here is a summary of their ranked responses:

• Keeping it in the company – 30% cite “employee retention”.
• Recruiting the right staff – 23% say “hiring the best talent in the marketplace.”
• Attracting candidates – 11% mention “attracting candidates to the organisation.”
• Keeping it legal – 11% point to “complying with new legislation.”

The top challenges echo the recruit and retain mantra that reduces talent management to its simplest form. These two primary actions are no longer exclusive initiatives. The power of a single talent system of record that captures and reports recruiting and performance information cannot be overstated. In fact, it provides the solution to these top three HR process requirements:

• 44% need “a system to improve performance management, succession, and career planning in the organisation”.
• 21% want “an easy way to measure the effectiveness of HR processes like recruitment”.
• 15% seek “better visibility into employee’s skills.”

Converged processes combined with robust reporting holistically meet these HR needs. You can take advantage of a single platform for talent management and realize The Value of Unified Recruiting and Performance Management.