Talent Management Technology Value Matrix 2022
A challenging talent landscape for employers and employees alike has emphasized the value of dedicated solutions for talent management. Hiring freezes and layoffs have replaced mass resignation. However, many organizations continue to focus heavily on hiring in addition to engaging, retaining, and developing existing employees. Regardless of conditions, organizations of all sizes continue to require functionality that identifies the highest performing employees and provides tools to promote internal career development while tracking behavior and sentiment, leading to heightened demand for functionality that improves the overall employee experience. Leaders in the space are responding to this through increased acquisitions and partnerships, as well as continued investment in baseline functionality such as automation and analytics.