Technology
6
-minute read

Top 5 talent management solutions for employee retention

Employee retention is a high priority for every HR team. To save time and money, most HR leaders opt for a talent management platform that helps them identify and address key turnover issues and prepare for future challenges. 

In this article, we analyze the top 5 talent management solutions to achieve this goal, looking at key features and benefits for your organization. 

Adepti

Adepti is an all-in-one talent management platform that significantly improves retention through Artificial Intelligence technology. One of its key strengths is skills intelligence, which allows companies to optimize individual and team skill development by identifying current skills and future needs. 

Skills intelligence

Adepti uses machine learning to constantly update and refine its understanding of individual and team skills. This means businesses can not only identify skill gaps but also predict future needs based on changing market conditions. This reduces the guesswork out of workforce planning so HR can make more informed decisions on recruitment, training and succession planning.

The ability to predict future skill demands is particularly useful in industries where technological change is rapid and skillsets change fast. For example, in tech-driven industries like AI and data science, Adepti can help businesses forecast which skills will be critical in the next few years. This means employees are always developing skills that will keep them relevant in their role, so retention rates increase​. 

Customized career paths

Adepti delivers career development recommendations to each individual based on their professional goals and the skills they need to develop. This personalized approach means employees are not only gaining new skills but also progressing towards their career aspirations within the company​. When employees see a clear career path, they are more likely to stay engaged and stay with the organization longer.

Moreover, Adepti’s career paths adapt as the employee grows. As new skills are added and new goals are set, the platform updates its recommendations, contributing to continuous employee development

Talent marketplace

Adepti’s talent marketplace is designed to drive internal mobility and succession planning by identifying high potential employees and preparing them for leadership roles. This feature connects employees with internal opportunities that match their skills, career aspirations and the company’s long-term needs. 

Internal mobility reduces the need for external recruitment, saving time and resources and ensures key leadership roles are filled by people who already know the company culture and objectives.

Gloat

Gloat is a talent management platform focused on internal mobility and skills matching. One of its key features is the talent marketplace, where employees can browse internal job opportunities that match their skills and career goals. In addition, Gloat offers skills inventory and gap analysis features, which give companies a real-time view of the skills within their organization.

Talent marketplace

Gloat’s talent marketplace is a key feature that helps companies retain top talent by enabling internal mobility. Employees who feel stuck in their role or unsure of their career progression are more likely to leave for external opportunities. Gloat solves this by having a marketplace that showcases available roles, projects and mentorship opportunities within the organization. 

Compared to Adepti, Gloat’s marketplace doesn’t have the same level of AI-driven personalized career paths that help employees develop the skills to succeed in those new roles. Gloat is great at connecting employees to internal opportunities but doesn’t have the same depth of career development and training recommendations. Instead, Adepti ensures employees are not only in the right role but also continuously developing the skills to excel in those roles​.

Skills inventory & gap analysis

Gloat’s skills inventory and gap analysis give HR teams a clear view of the skills within the organization. This tool helps businesses identify skill gaps that need to be filled through training or recruitment, which allows teams to have the right skills to meet their objectives​. 

While Gloat gives insights into current skill gaps, it doesn’t provide the same level of foresight into future skill demands as Adepti, which allows businesses to see which skills will be needed in the future to make strategic decisions. This can make a big difference in the long-term retention plan.

Fuel50

Fuel50 has personalized career pathing tools that help employees map out their long-term career goals within the organization.

Career pathing 

Fuel50’s features give data-driven insights into future skill demands so companies can map out current career paths. Since its career pathing is more focused on current skills and roles, it may not be as effective for long-term workforce planning.

Talent marketplace

Fuel50 supports internal mobility by matching employees to roles, but it doesn’t offer personalized upskilling opportunities alongside internal job opportunities. Instead, Adepti’s marketplace matches employees to new roles and helps them develop the skills to succeed in those roles so it is a more effective tool for long-term retention​.

Workday

Workday is an enterprise solution that has a range of talent management features, including career development, competency management and performance tracking. These tools make Workday a good choice for large companies that need to manage their talent pipeline at scale. But Workday’s broad approach can sometimes be less personal than platforms like Adepti, which focus on tailored development plans and predictive analytics. 

Employee lifecycle management

Workday gives HR teams a full suite of features to manage the employee lifecycle from recruitment to retirement. These tools include competency management, career development planning and performance appraisals that allow companies to ensure employees are growing within their roles. 

Still, while Workday has a lot of features, it’s more operational than developmental. The platform is great at managing workflows and compliance but may not have the same level of employee engagement and skill development as Adepti​.

Operational management

Workday allows companies to manage various operational tasks, including budgeting, forecasting and employee lifecycle management. These tools help HR teams align their talent management strategy with broader business objectives like cost control and resource allocation​. 

However, Workday’s workforce management features don’t have the same level of predictive analytics as Adepti’s platform. Adepti’s AI-driven analytics can forecast future skill demands based on internal data and external market trends, allowing companies to make more strategic decisions on talent development and resource allocation​. 

Eightfold

Eightfold is a talent management platform that uses AI to provide talent intelligence and skills trends. Eightfold’s AI algorithms analyze employee data to provide customized career paths. 

Talent intelligence and skills trends

Eightfold gives HR teams a view of the skills within the organization to make more informed decisions on recruitment, training, and succession planning. This data-driven approach allows companies to identify critical skill gaps and develop targeted training programs to fill them​. 

Career development 

Eightfold provides customized career paths based on the individual’s skills and experience. This combination of career development and skill building means employees are always growing within the organization, which is key to retention​.

Adepti, your talent management solution

When it comes to the top talent management solutions, Adepti is the winner for employee retention. Its AI-powered skills intelligence, predictive analytics and customized career paths make it a complete solution for companies that want to develop and retain their workforce. Book a free demo now to increase employee retention and foster business growth.

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Emile Cornelissen

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