Talent marketplaces connect employees with career opportunities and resources for professional growth. Powered by artificial intelligence, these platforms match employees with career advancement opportunities—such as internal projects, online courses, mentorship programs, and open roles on other teams—based on each individual’s existing skills and future goals. Talent marketplaces typically generate personalized profiles for each employee and recommend potential career paths that align with their professional interests.
Businesses use talent marketplaces, also called talent mobility platforms or opportunity marketplaces, to promote internal talent mobility and help employees continuously develop new skills. Engaging employees in their own career growth can increase retention, attract new talent, and uncover new employee capabilities that could benefit the business. HR managers and company leaders also use talent marketplaces to help shape their talent acquisition strategy and understand how to best support employee development. The opportunity-matching functionality in talent marketplaces can be used by employees in any part of an organization.
Talent marketplaces typically integrate with core HR software to facilitate sharing of relevant employee data. They may also source learning content from third-party online course providers.
To qualify for inclusion in the Talent Marketplaces category, a product must:
Maintain a database of professional development opportunities, such as mentorships, projects, courses, or internal job postings
Create personalized career profiles for employees, based on each individual’s existing skills and career interests
Using artificial intelligence, match employees with relevant professional development experiences
Generate analytics reports on talent marketplace usage and/or employee skill attainment