Talent management Definitions

  • #

    70-20-10 (70-20-10 rule)

    70-20-10 is a formula that describes how someone learns to do their job. The formula proposes that on average, 70% of a person's learning at work is internal and experience-based, 20% comes from interacting with fellow employees and 10% is the result of formal training and reading. 

  • A

    Achievers Corp.

    Achievers is a maker of talent management software and provider of consulting services headquartered in Toronto, Canada.

  • applicant tracking system (ATS)

    An applicant tracking system (ATS) manages the recruiting and hiring process, including job postings and job applications.

  • B

    BetterWorks

    BetterWorks is cloud-based software that helps employees continuously manage their performance and align their goals to the objectives of the organization. BetterWorks provides visuals and social collaboration tools to track the progress of goals and keep them connected to the organization's strategic plan.

  • C

    candidate experience

    Candidate experience refers to a job seeker's feelings about an organization's job application process.

  • candidate relationship management

    Candidate relationship management is a structured approach to handling job candidates in a company's talent pipeline.

  • chief human resources officer (CHRO)

    Chief human resources officer (CHRO) is a top-level management executive in charge of an organization's employees.

  • chief learning officer (CLO)

    A chief learning officer (CLO) is a senior-level executive who ensures that a company's corporate learning program and strategy supports its overall business goals.

  • cognitive diversity

    Cognitive diversity is the inclusion of people who have different styles of problem-solving and can offer unique perspectives because they think differently. Unlike demographic diversity, which focuses on achieving a mixture of statistical characteristics such as gender or age, cognitive diversity focuses on achieving a mixture of how people carry out intellectual activities, such as making associations or drawing conclusions.

  • Compensation Management

    Compensation management is a critical part of talent management and employee retention.

  • continuous performance management

    Continuous performance management, in a human resource management context, is the supervision of an employee's work through one-to-one discussions and ongoing feedback from supervisors and regularly scheduled check-ins.

  • Cornerstone OnDemand

    Cornerstone OnDemand is a vendor of cloud-based learning and talent management software. Cornerstone OnDemand provides management of recruiting, onboarding, performance and goals, learning, social collaboration, analytics, compensation and succession.

  • corporate wellness technology

    Corporate wellness technology is software, and sometimes associated hardware, that human resources departments use to improve and manage workers' health and well-being.

  • D

    digital HR

    Digital HR is the digital transformation of HR services and processes through the use of social, mobile, analytics and cloud (SMAC) technologies.

  • Dovetail Software

    Dovetail Software is a software vendor based in Austin, Texas, that specializes in providing web-based HR and help desk software to businesses in the United States and internationally.

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