Phenom announced it is once again named a Leader in Talent Marketplace Platforms on G2, the world’s largest and most trusted software marketplace, in the Fall 2023 Grid® Report. Products in the Leader quadrant are rated highly by software users and receive substantial market presence scores. This level of recognition is a testament to how Phenom empowers customers to hire, develop, and retain talent.
To be a contender for the Talent Marketplace Platform Grid®, products are required to meet specific criteria, including maintaining a database of professional development opportunities, creating personalized career profiles for employees, leveraging AI to connect employees with relevant opportunities, and offering people analytics.
The Phenom Talent Marketplace helps companies take the first step towards building out end-to-end workforce intelligence by seamlessly connecting employees with personalized opportunities based on their unique experience, interests, location and career goals. Powered by AI and a dynamic career architecture, Talent Marketplace leverages Phenom’s skills ontology to deliver tailored recommendations for employees’ career paths, upskilling opportunities (e.g. online learning, gigs, mentorships) and internal jobs. By maximizing employee engagement and the availability of data, talent management teams can make stronger, more informed workforce planning decisions, while strengthening retention.
Phenom customers have realized tremendous value from Talent Marketplace, including:
- A Fortune 500 insurance provider identified 33,000 skills they didn’t have visibility into previously.
- A global logistics leader saw 2x higher conversion rates with internal candidates and a 20% decrease in time to fill.
- A major technology and investment solutions provider saw 1,500 internal applicants in the first three months the talent marketplace was live.
Phenom is also recognized as a leader in 10 other Fall 2023 G2 reports, including:
- Enterprise Grid® Reports for Talent Intelligence, Recruiting Automation, Candidate Relationship Management and Recruitment Marketing
- Enterprise Americas Regional Grid® Reports for Talent Intelligence, Recruiting Automation, Candidate Relationship Management and Recruitment Marketing
- Enterprise Relationship Index for Recruitment Marketing
- Relationship Index for Talent Intelligence
“Customers are raving about the immense value they’re getting with Phenom’s holistic approach for addressing their biggest talent management and talent acquisition challenges,” said John Harrington, Director, Product Marketing at Phenom. “Rooted in AI, our platform enhances the experiences and improves efficiency across talent attraction, engagement and retention.”
One of the world’s largest and most trusted software marketplaces, G2 helps businesses discover the right solutions to tackle their biggest business challenges. Grid® rankings were established based on a product’s ability to meet specific criteria, as well as cumulative customer reviews and market presence.
With Phenom, candidates find and choose the right job faster, employees develop their skills and evolve, recruiters become wildly productive, managers build stronger-performing teams, HR aligns employee development with company goals, and HRIS easily integrates existing HR tech to create a holistic infrastructure.
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