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.
Internal talent marketplaces are worker-facing platforms that use AI-enabled skills management to match people with experiential development opportunities, thereby democratizing access to development and mobility. Opportunities in the marketplace include gigs, projects, stretch assignments, mentoring or full-time roles. The marketplaces provide personalized recommendations that align with workers’ unique skills, experiences and aspirations without the involvement of HR or managers. Internal talent marketplaces enable talent agility, mobility and experiential learning by providing skills insights to match people to opportunities. They provide valuable insight into available skills and provide workers with equitable visibility into growth opportunities.
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.