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
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.
For more about Saba in Australia and New Zealand: www.saba.com/anz or call: 02 8622 7555.
* Saba Talent Management survey respondents included HR and Business leaders of 100 Australian and New Zealand businesses. Of the respondents, 53% worked for businesses with up to 2,000 employees; 31% for companies with 2,000-6,000 employees and 16% for companies with more than 6,000 employees.
Saba delivers a cloud-based intelligent talent management solution used by leading organisations worldwide to hire, develop, engage and inspire their people. With machine learning at its core, Saba Cloud offers proactive, personalised recommendations on candidates, connections and content to help employees and businesses lead and succeed. It is purpose-built on a highly scalable platform that exceeds industry security and reliability standards. Saba has more than 31 million users and 2,200 customers across 195 countries and 37 languages. Learn more about intelligent talent management at www.saba.com.