46% of regional businesses looking to change their Talent Management solutions, according to new survey
Sydney Australia, June 23, 2015 – Saba, a global leader in cloud-based intelligent talent management solutions, today released the results of a new survey by Australian HR professionals and an update on the company’s market momentum.
In a talent management survey conducted by Saba earlier this month, 46% of Human Resource and business leaders across Australia and New Zealand are looking to change the software and systems they currently use to attract, retain, engage and grow their people. The key reasons: their systems no longer meet their needs and they want to consolidate functionality and insights from a more integrated solution.
Key findings from the survey include:
- Leadership development is the most pressing priority of businesses of all sizes according to 75% of survey respondents. The issue has escalated in importance in the face of the mass exodus of 10,000 baby boomers who are retiring daily from businesses worldwide
- 69% need talent management to help them better attract and retain the right people
- 62% put a tight focus on employee learning and development to ensure they have the best-qualified employees at all levels of their businesses.
- While talent management is a priority, it is clear why businesses in Australia and New Zealand are looking to change their systems: at least half of all software solutions are home grown or still using spreadsheets for their core Talent Management processes: learning 48%; performance 68%; recruiting 76%; compensation 70%; and workforce planning; 84%.
Saba Software opened its business in the Australian region over 10 years ago with industry-leading learning management software. Today the company provides a full suite of cloud based talent management solutions including learning, performance, recruiting, succession planning, workforce management and compensation to regional businesses including: Blue Care, LendLease, Victoria University of Wellington (NZ), Allianz, Clayton Utz, FSA Power Networks, Foodstuffs, Big Brothers Big Sisters, ASWIG, Australian Laboratory Services and Principals Australia Institute.
This year alone, Saba has seen increased market demand, adding customer across verticals including, agriculture, healthcare, banking and pharmaceuticals, including:
- Yellow Pages of New Zealand
- Kiwi Bank
- Bank of Queensland
- Australian Institute of Marine Science
In fact, to keep up with that demand, Saba expanded their highly secure Australian Data Center to include onshore backup and recovery facilities in late 2014, meeting regional business requirements. Saba operates from a regional head office in Sydney and has an office in Melbourne and staff presence in other states.
Additionally, Saba is deepening its partnership with Hudson Gates to extend its holistic talent solutions for customers in the region.
To learn more about HRchitect and how we can help your organization and your Human Capital Management (HCM) technology needs, please visit www.HRchitect.com. As the leader in HCM Systems strategic consulting, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation and selection, change management, implementation, project management and ongoing support of HCM systems of all types including Talent Acquisition, Talent Management, Learning Management, Workforce Management, Benefits, Core HR/Payroll, and more. After more than 18 years in business working on over 2100 successful engagements for more than 1000 clients of all sizes and industries across the globe, our experience is vast. We have expertise around all major HCM systems including IBM Kenexa, Oracle, Taleo, WorkForce Software, Ultimate Software, Saba, Benefitfocus, SumTotal Systems, SAP, SuccessFactors, Lumesse, PeopleFluent, Cornerstone OnDemand, Infor, and more. HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.
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