Transform your workforce through skills-based talent practices

Transform your workforce with skills-based talent management. Reinvent your talent and reward programs with a focus on skills.
The #2 HR priority for 2022 is to design talent processes around skills.

Challenges

  • We struggle to identify current bench strength and skills gaps to inform skills-based hiring.
  • We’re working to restructure jobs around automation.
  • Learning and development investments aligned with skills-based talent management are difficult for us to prioritize.
  • We want to offer flexible careers across the organization.

How do leading companies reinvent for skills-based talent management?

  • Strategic workforce planning

    Apply internal and external supply-and-demand skills research data for enhanced insights and redefined talent/skills pools.

  • Reskilling

    Accelerate reskilling with targeted and personalized skills-based learning pathways and enhanced assessment capability, eliminating laborious current-state analysis.

  • Skills assessment

    Measure skills and capabilities objectively for talent acquisitions, development, succession or a broader people strategy based on your skills framework.

  • Pay for skills

    Invest in future skills, and reinvent pay programs with AI-enabled pay decisions based on skill demand, supply and criticality.

  • Performance management

    Agile environments require rapid, multisourced performance feedback and assessment to enable targeting of skill proficiency and development activities.

  • Career development/ pathing

    Enable employee ownership of careers through skill mapping and adjacencies, which shine a light on actionable career paths.

  • Succession planning

    Ensure succession pools are informed by individual skills to expand potential talent pipelines, and avoid job structures that may limit diversity.

  • Internal talent marketplace

    Deploy talent to gigs, projects and experiences based on skills supply and demand, promoting internal talent mobility and diversity of thinking and experiences across the organization.

  • Talent acquisition

    Select candidates based on skills-based hiring, using AI-driven skill inferences and simple digital assessment tools to improve the quality of both the process and the candidate experience.
98% of HR leaders say their companies have significant
skills gaps.

Is your organization ready for skills-based talent management?

Take this diagnostic to assess the maturity of skills structures and reskilling processes in your organization Identify areas for opportunities, and get instant advice on next steps.

Skills-based talent practices continuum

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Skills Pricer is a self-service web application that reports which skills influence the pay of a selected job, as well as assigning a value to those skills. Additionally Skills Pricer allows you to customise a benchmark job to reflect your own unique skills mix, and see how that impacts on pay for the new role. 

Incorporate skills into your talent strategy quickly and easily with Mercer Skills Library

Skills Library offers a rapid short-cut to deploying a skills taxonomy that is based on market data — the first step in adding skills to your organization’s pay strategy. 

Related insights

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