Corporate learning technologies help organizations train, develop, engage and analyze their learners. They help organizations with compliance, certifications, onboarding, talent development, upskilling, collaboration, coaching and mentoring, sales training, partner education, and customer training.
Talent marketplaces, also known as internal talent or opportunity marketplaces, are highly intelligent platforms that democratize access to development opportunities and mobility by connecting people to opportunities. They provide workers personalized recommendations that align with their unique skills, experiences and aspirations without the involvement of a recruiter. Talent marketplaces primarily focus on internal talent, though they may include external talent with previous organizational relationships. Opportunities in the marketplace include gigs, projects, stretch assignments, mentoring and in some cases full-time roles. Talent marketplaces use complex AI-matching algorithms, marketing features and feedback functionality to support agile talent strategies and adaptive organizational design
Pay equity software is designed to facilitate the analysis, monitoring, and ensuring fair and equitable compensation practices within an organization, regardless of factors such as gender, race, or other protected characteristics. To do so, it collects data and uses statistical analysis, reporting, and scenario planning that help organizations in addressing and preventing pay discrimination. As a result, it accomplishes, identifies, and rectifies any wage disparities or inequalities that may exist within the workforce, and promotes equal pay for equal work, and compliance with relevant laws and regulations. The typical users are HR teams and managers.
A talent management (TM) suite is an integrated set of modules that supports an organization’s need to plan, attract, develop, reward, engage and retain talent. The modules offer functionality that includes the areas of workforce planning, recruiting and onboarding, performance appraisal, goal management, learning management, competency management, career development, succession and compensation. The functional modules align with the key human capital management (HCM) processes of: • Plan to source • Acquire to onboard • Perform to reward • Assess to develop A boost to demand in the TM suite market has resulted from the delivery of functionality to improve workforce engagement and collaboration. Further, growing demand for greater analytical capabilities and predictive insights to improve decision making in relation to workforce actions has improved the market’s general health.