UKG, a leading provider of HR, payroll, workforce management, and culture solutions, has announced the launch of the UKG Pro Talent Marketplace. This innovative AI-powered talent management application is designed to help organizations fill critical labor gaps while simultaneously opening up new career opportunities for both frontline employees and knowledge workers. The solution offers a forward-thinking approach to workforce management by focusing on internal talent development and leveraging an external gig workforce.
Building a Strong Talent Pool with UKG Pro Talent Marketplace
The UKG Pro Talent Marketplace solution helps organizations build a talent pool in two key ways:
1. Cultivating Internal Talent
Launching in early 2025, the internal talent marketplace will enable employees across various roles—both hourly and salaried—to create comprehensive talent profiles. These profiles will allow employees to map their career interests, identify necessary skills, and chart a course for their career growth. By offering personalized development experiences, the marketplace fosters continuous learning and career pathing, helping organizations build a stronger internal pool of qualified candidates for future labor needs.
2. Tapping into the External Gig Workforce
Targeting fall 2025, UKG Pro Talent Marketplace will also allow organizations to draw from a qualified pool of external talent. This will enable businesses to fill labor gaps flexibly, providing workers with the freedom to choose when, where, and how they work. By linking external candidates to employers, the platform creates a gig-like experience that increases labor pool options, helping organizations maintain the necessary staffing levels.
Addressing the Evolving Workforce Needs
According to Stacia Garr, Cofounder of RedThread Research, “Business agility is more important than ever, yet many organizations still struggle to create meaningful growth and development opportunities for their frontline workforces.” The UKG Pro Talent Marketplace solution is designed to address these challenges, particularly for frontline employees, by offering them clarity on their current skills and providing a pathway to new opportunities.
The Importance of Continuous Learning and Career Development
A recent UKG study found that:
- 68% of frontline employees are eager to learn new skills.
- 58% believe continuous learning is crucial for their personal and professional growth.
- 73% are willing to invest time outside of work hours to acquire new skills.
By providing these learning opportunities, UKG aims to enhance employee satisfaction, increase retention rates, and improve career progression.
A Modernized Approach to Talent Management
Hugo Sarrazin, president and chief product and technology officer at UKG, emphasized the dynamic nature of today’s labor market. “The launch of UKG Talent Marketplace will provide all workers with more choice and autonomy over their development, helping to boost retention, engagement, and effort, while creating new gig-like pathways for organizations to fill their labor needs.”
The solution not only helps in talent management but also modernizes the way organizations manage culture, productivity, and data. UKG’s broader portfolio includes tools like the UKG Great Place to Work Hub, UKG Talk communications platform, UKG Pro Strategic Workforce Planning, and the UKG Pro Benefits Hub, all contributing to enhanced employee engagement and workforce optimization.
With the UKG Pro Talent Marketplace, UKG is setting the stage for a new era of talent management. By helping organizations develop internal talent and access flexible external labor, UKG is transforming how businesses approach workforce planning and employee development, ultimately fostering a more agile and engaged workforce.