Oracle Talent Management Reviews & Pricing

Key Features

• Recruiting: Registers results from candidates making screening much quicker and eliminating the step of account creation. It has a digital assistant to help them answer questions expediently. The tool integrates with a CRM to target candidates with customized messages and landing pages. An AI helps with the software with accelerated recommendations, data-driven offers and lets candidates do their own scheduling. Last, it can help with internal hires by recommending roles to employees within the company.
• Onboarding: Onboards employees ensures a consistent experience within the HCM. It uses a digital assistant and steps that are easy to follow so users can get trained quickly from their preferred device. A personalized to-do list allows new hires to navigate the system easily and accomplish their goals from a centralized location. It also gives them access to any necessary resources.
• Performance Management: Helps employees track and set their objectives that align with the broader goals of the organization. This helps every team strive toward something together. It breaks down the walls between employer and employee by enabling feedback with a request system. Users can offer up advice or comments at any point during the process. Employees are encouraged to constantly improve with check-ins, alerts and other tools that make mentoring and coaching much easier.
• Compensation: The performance management helps managers evaluate and plan for the upcoming budget, raises and other important compensation decisions. Once the strategy and compensation plans are finalized, it makes it easy for the system to scale this process and create payment models, analyses and budgets. Ultimately, this leads to the successful administration of payment on a local and even global scale. Last, it creates a compensation plan so that everyone is on the same page.
• Professional Development: Through career paths and development plans, employees can create goals and track their progress through an organization. This makes it easier for someone to understand their place and their path to better things. The system can deliver content employees might find interesting and connect mentors and mentees that are looking for opportunities to connect and collaborate.
• E-Learning: This program includes e-learning features that deliver assignments, learning materials, initiatives, recommended content and more based on the data provided by the HCM. Integration with LinkedIn makes for a better eye on learner engagement in real-time. Subject matter experts can create top-notch content while administrators can look at skill and performance gaps and generate reports for actionable insights.
• Succession Management: Nurtures future leaders and cuts down on turnover by identifying tomorrow’s management team. An inquisitive, visual dashboard guides discussions around leadership and helps users build a flexible talent pool, create succession plans and always keep an eye on metrics that could change everything.
• Opportunity Marketplace: This program combines job posts, internal gigs and volunteering opportunities to show employees a complete realm of opportunities within a company. Some short-term positions can get workers cross-trained and learning new skills from a different perspective. Meanwhile, volunteering gives everyone a sense of purpose and renewed investment within a business.
• LinkedIn Integration: Leverages recruiting, learner and profile data to review candidates from LinkedIn. All of this happens within the system, making it easy to connect with candidates without even leaving the system.

Approach to Common Challenges

• Slow Recruitment Process: Streamlines the recruitment process with AI-powered candidate sourcing, automated workflows, and intuitive candidate relationship management tools.
• Poor Candidate Experience: Improves candidate experience with a mobile-friendly application process, personalized communication, and timely updates.
• Difficulties Identifying Top Talent: Uses AI-powered talent assessment tools to identify the best candidates based on skills, experience, and cultural fit.
• Limited Career Development Opportunities: Provides employees with access to personalized learning and development programs, career coaching, and mentoring opportunities.
• Unclear Performance Goals: Enables managers to set clear, measurable goals for employees aligned with organizational objectives.
• Lack of Feedback and Recognition: Offers continuous feedback and recognition tools to motivate employees and improve performance.
• Inefficient Workflows: Automates administrative tasks and streamlines workflows to save time and improve efficiency.
• Compliance Risks: Ensures compliance with labor laws and regulations through automated compliance checks and reporting tools.
• Limited Data and Insights: Provides real-time data and analytics on key workforce metrics to help organizations make informed decisions.

Cost Of Ownership

• Q: What is the cost of Oracle Talent Management?
  A: Oracle Talent Management is priced based on a subscription model per employee per month. The cost varies depending on the specific modules and features included, but generally ranges from $10 to $15 per employee per month. For example, the Talent Management module alone costs $10 per employee per month, while the Global HR module, which includes Talent Management, costs $15 per employee per month. Additionally, there may be additional fees for implementation, training, and support.
• Q: How does Oracle Talent Management compare in price to other talent management solutions?
  A: Oracle Talent Management is generally considered to be a mid-range pricing option in the talent management market. Some solutions, such as Workday HCM, are more expensive, while others, such as BambooHR, are less expensive. The best option for your organization will depend on your specific needs and budget.
• Q: What are the return on investment (ROI) benefits of using Oracle Talent Management?
  A: Oracle Talent Management can provide significant ROI benefits for organizations by helping them to improve their recruiting process, reduce turnover, and enhance employee performance. For example, a study by Forrester Research found that organizations that use Oracle Talent Management can achieve a 25% reduction in time to hire, a 10% improvement in employee retention, and a 5% increase in employee productivity.

Limitations

• May be too complicated and complex for smaller businesses
• Steep learning curve
• Hard to navigate
• Higher price point

Suite Support

FAQ

• Q: Can Oracle Talent Management be integrated with other systems?
  A: Yes, Oracle Talent Management offers comprehensive integration capabilities with other Oracle Human Capital Management (HCM) modules, as well as third-party applications. This allows users to seamlessly flow data between various systems, promoting data consistency and streamlined workflows.
• Q: How does Oracle Talent Management handle data security and compliance?
  A: Oracle prioritizes data security and compliance, adhering to strict industry standards and regulations. The platform utilizes robust data encryption, access controls, and audit trails to ensure data protection and compliance with international regulations like GDPR and CCPA.
• Q: Does Oracle Talent Management offer customization options?
  A: While Oracle Talent Management provides a comprehensive set of features out-of-the-box, organizations can customize various aspects of the platform to align with their specific needs. This includes customizing workflows, reports, and dashboards, allowing for a tailored user experience.
• Q: What is the level of support provided for Oracle Talent Management?
  A: Oracle offers various support options for its products, including comprehensive online documentation, knowledge base articles, and community forums. Additionally, paid support plans provide access to dedicated technical support professionals, ensuring timely response and resolution to customer inquiries.
• Q: How does Oracle Talent Management address mobile accessibility?
  A: Recognizing the importance of mobile access, Oracle Talent Management provides a mobile-friendly interface for key functionalities. Users can access essential features like employee profiles, performance reviews, and learning resources from their mobile devices, enhancing accessibility and convenience.