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Best Internal Talent Marketplace Platforms

Internal Talent Marketplace Platforms

The demand for skilled talent is rapidly growing. Companies today are increasingly turning to their existing workforce to find the best talent for their roles. 74% of organizations invest in internal mobility programs to drive employee engagement and retention.

Internal talent marketplaces are gaining popularity due to their incredible features for managing internal talent and enhancing employee engagement via AI-powered solutions and data analytics. These marketplaces provide employees with opportunities for skill development and career growth. Besides, they offer a host of other tools that contribute to building a more agile and motivated workforce.

In this article, we will learn about the top internal talent marketplace platforms and their offerings. We will also help you choose the best one for your organization’s talent management needs.

Top 5 Internal Talent Marketplace Platforms

Here are some of the best internal talent marketplace platform examples you can consider investing in.

#1. TalentGuard

TalentGuard is a powerful internal talent marketplace platform that centralizes an organization’s approach to personalized skill development, helping employees build and enhance the competencies needed to excel in their current roles and advance their careers.

It leverages AI technology to provide real-time, actionable insights into an organization’s talent landscape, identifying skill gaps, predicting future workforce needs, and recommending targeted development initiatives. . It enables employees to explore internal opportunities, fostering a culture of continuous growth and internal mobility within an organization.

TalentGuard Internal Talent Marketplace

Key Features

  • AI-powered workforce intelligence engine for managing employees and planning their career progressions strategically.
  • Comprehensive talent frameworks for guiding employees with personalized career development.
  • Intelligent talent assessment that conducts skill gap analysis and utilizes intelligent mapping techniques to enhance employees’ skill tracking and development journey.
  • Personalized career path recommendations via holistic career pathing.
  • Advanced internal mobility solutions to promote continuous employee growth.
  • Performance management to track the development and accomplishments of employees.
  • Real-time analytics for strategic workforce planning.

Pros and Cons

Pros Cons
  • Intuitive user interface 
  • Integrates seamlessly with major HR systems to build an efficient HR ecosystem.
  • Offers a high level of customization to ensure the system meets company requirements.
  • Offers a free trial.
  • Requires training to fully leverage all the advanced features and capabilities.

Pricing

Free, with paid plans starting at $7 monthly. 

Ideal For 

Mid-sized to large organizations.

#2. 365Talents

365Talents is another internal talent management platform that leverages AI to match employees’ skills with internal opportunities for building a dynamic workforce. It offers real-time insights into the workforce’s skills and a strategic roadmap to align these talents with projects to achieve business goals.

Key Features 

  • Talent marketplace that allows employees to discover potential opportunities quickly.
  • Advanced skill mapping tool to align your workforce and business needs.
  • Career developer solution to design personalized career paths for employees.
  • Workforce intelligence for smart skills data and workforce analysis.

Pros and Cons

ProsCons
  • Does not offer a free trial.
  • Quite complex and, hence, requires hands-on training.
  • Third-party integrations can be tricky.

Pricing 

Request the 365Talents team for pricing plans.

Ideal For

Large organizations and enterprises.

#3. Gloat

Gloat is the next tool in this list of best internal talent marketplace platforms. It offers an AI-powered solution that helps organizations maximize their talent potential by enabling employees to discover internal roles that align with their skills and career goals.

Key Features

  • AI-powered talent matching to match employees with roles that fit their skills.
  • Deep analytics on workforce skills, skills gaps, and mobility patterns.
  • Internal gig platform to enable employees to find short-term projects with the organization.

Pros and Cons

ProsCons
  • Offers comprehensive talent mobility with skills visibility and upskilling insights.
  • Offers diversity and inclusion tools to promote equal opportunities across the workforce.
  • Provides real-time insights for strategic talent-related decisions.
  • Involves a steep learning curve.
  • Third-party integration may be quite difficult.
  • Low touch customer implementation

Pricing 

Request the Gloat team for pricing plans.

Ideal For

Mid-sized and large enterprises.

#4. Workday Talent Management

Workday Talent Management is an intuitive solution among the suite of tools provided by Workday for tracking employee growth right from onboarding to performance monitoring.

Key Features

  • Skills intelligence engine that helps unlock employees’ potential and make skill-based talent decisions.
  • Personalized learning center to encourage employees to learn and grow.
  • Career pathing via gigs and mentorships to support employees’ agile careers.

Pros and Cons

ProsCons
  • Integrates seamlessly with Workday’s HR platform thus eliminating data silos.
  • Provides actionable insights on employee performance and skills for informed decision-making.
  • Can be time-consuming to implement.
  • Navigating the platform can be challenging considering its extensive features.
  • Certain actions require role-based permissions that can be quite frustrating.

Pricing 

Request the Workday Talent Management team for pricing quotes.

Ideal For

Small, mid-sized, and large enterprises.

#5. Gigged.AI

Gigged.AI is the last tool in this list of best internal talent marketplace platforms. This platform utilizes artificial intelligence to match internal talent with opportunities within organizations by tapping into the existing workforce’s skills and expertise.

Key Features

  • AI-powered talent matching to help employees discover internal projects based on their skills and experience.
  • Workforce management with a 360-degree view of their skills.
  • Internal gig marketplace to allow employees to learn more about new opportunities within the organization.

Pros and Cons

ProsCons
  • Offers AI-driven skill matching to ensure the right employees are matched with the right projects.
  • Shares opportunities for skill development via short-term gigs and enhances employee engagement.
  • Ideal for promoting short-term gigs; hence may not suit all organizational needs.
  • Requires accurate information about employee skills during initial setup.

Pricing 

Request The Gigged.AI team for pricing plans.

Ideal For

Small and mid-sized businesses.

Comparison Table – Internal Talent Marketplace Platforms

Here is a handy comparison table we have put together to simplify the process of choosing the best internal talent marketplace platform for your organization. Please note these ratings are based on the respective internal talent marketplace platform reviews on G2Crowd.

 

RatingQuality of SupportPricing
TalentGuard4.8/5 stars24/7 global support with dedicated account managersOffers free trial

Starts from $7 per user per month (billed annually)

365Talents4.8/5 starsStandard support during business hoursNo free trial

Pricing upon request

Gloat4.4/5 stars24/7 global support, with specialized support for enterprise customersOffers free trial

Pricing upon request

Workday Talent Management4.3/5 starsStandard support during business hoursNo free trial
Pricing is related to the Workday HCM suite
Gigged.AI4.7/5 stars24/7 support with personalized helpNo free trial

Pricing upon request

Choosing the Right Internal Talent Marketplace Platform for Your Organization

When selecting the best internal talent marketplace platform for your organization, there are some key features you need to consider. These features will ensure that the software meets your organization’s specific needs. 

  • Internal Mobility – Check if the platform supports internal job transitions. The placement of these internal jobs will allow employees to search and explore new roles that match their skills and career goals and boost employee retention.
  • Career Pathing – Check if the system can offer the employees career pathing tools. This will help employees to plan their career advancements in the company. A few career pathing tools clearly state the stages and activities employees must undertake to achieve the objective.
  • Employee Resource Groups –  Assess if the platform supports employee resource groups, enabling employees to engage with fellow employees who share the same interests and create a sense of belonging.
  • Referral Programs – Check whether the software offers an efficient referral program. It could strengthen internal recruitment strategies by using existing employees’ contacts to find the best internal candidates.
  • Mentoring Programs – Understand if the system offers mentoring features. This is because mentoring creates a motivational environment for sharing professional knowledge and fosters engagement through mentor-mentee relationships.

Wrapping Up

Choosing the right internal talent marketplace platform is an important decision as it can significantly impact your organization’s talent strategy and overall success. Whether you are a small business looking to maximize your team’s potential or a large enterprise focused on fostering cross-functional collaboration, you must ensure that the internal talent marketplace platform you select aligns with your specific requirements. 

Each of the platforms we have mentioned in this article offers unique strengths and features tailored to different business needs. By carefully assessing these platforms, you can optimize your internal talent management and drive long-term growth. 

TalentGuard offers an innovative solution to meet your needs if you want to streamline your internal talent management. With the help of its advanced features, you can build a dynamic internal talent marketplace that can help you unlock your workforce potential without any hassles. Sign up for a free demo to learn more about how TalentGuard can benefit your business.

To learn more about why TalentGuard has one of the best talent marketplace platforms, request a demo.

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