How Internal Talent Marketplaces Help Employee Retention
What are Internal Talent MarketPlaces?
Internal talent Marketplaces are AI-powered HR software that automatically pairs existing employees with new and evolving roles in a business based on their applicable skills.
Employees upload their skills and interests to the marketplace, and the software displays potential new roles or mentoring based on that data.
How does it help talent shortage?
● Eliminates Bias: Being purely skill-based eliminates the human factor bias in employee selection.
●Gives Room for Growth: Matching employees with these open positions helps improve employee satisfaction because they have more room to put their skills to use.
● Unearths Hidden Talents: It reduces the possibility of qualified candidates for a position passed.
● More Room for Diversity and Inclusion: Potentially boosting diversity, equity, and inclusion by giving recruiting managers more comprehensive employee options. It captures employees’ skepticism about applying to the position because they do not meet all the requirements.
Conclusion
Successful implementation is pivotal to the Internal talent marketplace. AI-based HR technologies, including Internal Talent places, provide many benefits that improve employee attrition.
