HRToolbench Review - why 4.6 stars?

Shlomi Lavi / updated: Dec 17, 2022

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What is HRToolbench?

HRToolBench provides a talent management solution. The software includes candidate selection, compensation, succession planning, performance management as well as feedback on employee performance & competency.

HR Technology Solutions main objective is to help companies achieve their goals by aligning employee development with business strategy. The company achieves this by providing solutions that allow employees to develop the required skills to support business goals, as well as ensuring that they are well rewarded so that their productivity improves and thus the business gains.

Who is it best for?

HRToolBench is a cross industry solution which is provided for small and mid-sized companies. The product is offered as a hosted cloud based solution with a SaaS delivery model.

The software is suited for companies that require a solution that integrates all of their talent management requirements in one platform, so that they can develop their workforce strategically to gain a competitive advantage in the marketplace. Additionally HRToolBench is designed to make the HR Department more efficient & productive in managing & growing employees so that they can become strategic assets in improving the company's performance. The product also allows integration to third party HR & Payroll systems to leverage on a company’s existing software infrastructure.

The product offers detailed workforce analytics to measure employee productivity, determine competency gaps & development needs, as well as structure fair performance based compensation packages so that employee attrition is reduced which is important for any business. Finally HRToolBench also provides HR consulting by experienced professionals to help companies address complex HR challenges. In this way businesses can feel more comfortable knowing that they are working with a company who has the experience and knowledge to address all their talent requirements.

Customers for HRToolBench include Northwestern Michigan College, Sterilite, Orthman, DeCotis Insurance Associates, Crossland Construction Company and Scientific Protein Laboratories.

Main features and functionalities

HRToolbench provides a modular architecture built around a core module which is the Job Description that defines a company’s ideal workforce requirements. The product includes libraries of benchmarked jobs, competencies and job content to build these descriptions quickly. This is then used as the foundation for all the talent management processes against which employees are evaluated against in the system. Therefore all the additional modules can be utilized based on the customer’s specific requirements.

There is a Candidate Selection module that covers identification, interviewing and competency ranking to ensure best fit for defined job requirements. Additionally there is a 360 Feedback module to gain feedback from co-workers on a given employee’s knowledge and performance. HRToolBench also provides a Performance Management module that allows assignment of personal performance goals by managers to each employee. This can then be used as the basis for evaluation & collaboration on employee productivity, both to recognize high performers and determine those that need further development.

The product also has a Compensation module that has a job evaluation modeler integrated with a salary market analyzer drawn from external sources. Alternatively HRToolbench also provides in built salary grades tied to market indices as well. There is also a Pay Equity Assessor to identify employees that are at risk due to compensation issues, as well as a Merit Increase Planner to model salary increase recommendations based on performance.

Finally there is a Succession Planning module that has two purposes. First to evaluate employees and determine suitability for current and future advancements; and secondly also allowing employees to assess their own capabilities to qualify for promotion, as well as identifying any training needs to help in this endeavor.

What is the actual cost?

ITQlick pricing score is 6.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for HRToolbench. You can also find here pricing information from HRToolbench's website.

Pros

• HRToolBench can integrate to third party software such as HR & Payroll systems
• The product is offered as a cloud based solution which means minimal technology investment and no software maintenance
• HRToolBench provides a modular architecture so customers can only utilize the modules they require and add the others as and when needed
• Advanced Data Analytics are provided by HRToolBench
• HR Consultancy services are also provided to customers to help them solve any complex HR problems that they might encounter

Cons

• HRToolBench does not offer a free trial or guarantee period with its product
• There is no on premise option for the product
• Mobile device access of the application is not supported by HRToolBench
• HRToolBench does not fully support user driven customization of the product
• The product does not include a Learning Management module to handle training requirements

How it stacks up?

Access a head to head analysis of HRToolbench vs alternative software solutions.

Frequently Asked Questions (FAQs)