Phenom Earns 2024 HR Tech Awards for ‘Best Innovative or Emerging Tech Solution’ in Talent Acquisition and Talent Management
Phenom X+, Career Pathing and Talent Marketplace Technologies Recognized for Solving the Biggest Hiring, Development and Retention Challenges with an Innovative Approach
PHILADELPHIA – July 11, 2024 – Phenom has earned 2024 HR Tech Awards by Lighthouse Research & Advisory in two categories: ‘Best Innovative or Emerging Tech Solution’ for Talent Acquisition and Talent Management. The awards recognize Phenom X+ Generative AI, Career Pathing and Talent Marketplace for bringing new features and capabilities to the market and solving traditional challenges in innovative ways, ensuring HR teams can enhance the experience throughout the talent journey and improve inefficiencies to hire faster, develop better and retain longer.
Driving Unprecedented Productivity for Talent Acquisition
“When employers look at adding AI-powered solutions to their talent acquisition processes, they prefer solutions connected into their existing systems, not bolt-on additions. Phenom X+ is a great example of a native AI solution that makes hiring faster, more predictable, and more personal for every candidate in the pipeline. Let’s skip the hype — this adds real value for businesses, recruiting teams, and candidates as well,” said an HR Tech Awards judge.
Phenom X+ provides platform-wide generative AI capabilities that create better talent experiences and bolster efficiencies, saving Phenom customers over 50,000 hours in the past year. With support for over 60 common talent acquisition and talent management use cases, X+ automates the creation of personalized content, surfaces actionable intelligence, and eliminates time-consuming tasks for candidates, employees, recruiters, talent marketers, talent leaders, managers, and HR teams. Designed to dynamically support an organization’s hiring, retention, and growth needs by taking their unique context and data into account, Phenom X+ enables talent acquisition and talent management to achieve unprecedented levels of productivity.
Enhancing Employee Retention with Talent Management
“Lighthouse research shows that one of the top priorities for workers today is growing and exploring new roles within the business. Phenom Career Pathing and Talent Marketplace tools give every employee a chance to visualize their future at the organization in a practical way, weaving in mentoring relationships, skill gaps to close, and other information to make talent mobility a practical reality,” said Lighthouse Research & Advisory Chief Research Officer Ben Eubanks.
The Phenom Talent Marketplace is an employee ecosystem built on a foundation of skills to drive hyper-personalized recommendations for career mobility, internal job openings, learning opportunities, mentorships, gigs or projects, and networking. The Career Pathing solution presents recommended next steps to employees or allows them to search all roles — and then delivers a personalized development plan based on their selection. This gives companies the flexibility to use AI to deliver recommendations at scale, or curate career paths based on company goals or strategic needs.
These tools have driven impactful results among Phenom customers, including a 30% increase in internal hires, 20% decrease in internal time to hire, and 50% increase in learning engagement driven by career visibility.
“Phenom’s award-winning solutions help in every phase of the talent journey, including talent acquisition and talent management,” said John Harrington, Senior Director, Product Marketing, at Phenom. “This recognition from Lighthouse Research is a testament to the impact that our technology is making while solving HR’s biggest challenges – bolstering hiring team efficiency and hyper-personalized employee engagement to drive phenomenal growth and retention outcomes.”
To learn how Phenom’s award-winning technology can be applied to address hiring, development, and retention challenges in Retail, Restaurants and Hotels, Healthcare, Manufacturing and Transportation, and Financial Services industries, register for Industry Week.
With Phenom, candidates find and choose the right job faster, employees develop their skills and evolve, recruiters become wildly productive, talent marketers engage with extreme efficiency, talent leaders optimize hiring processes, managers build stronger-performing teams, HR aligns employee development with company goals, and HRIT easily integrates existing HR tech to create a holistic infrastructure.
About Phenom
Phenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT — empowering diverse and global enterprises with innovative products including Phenom X+ Generative AI, Career Site, Chatbot, CMS, Talent CRM, One-Way Interviews, Automated Interview Scheduling, Interview Intelligence, Talent Experience Engine, Campaigns, University Recruiting, Contingent Talent Hiring, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals.
Phenom has earned accolades including: Inc. 5000’s fastest-growing companies (4 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), five Brandon Hall ‘Excellence in Technology’ awards including Gold for ‘Best Advance in AI for Business Impact,’ Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), and a regional Timmy Award for launching and optimizing HelpOneBillion.com (2020).
Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom.
For more information, please visit www.phenom.com. Connect with Phenom on LinkedIn, X, Facebook, YouTube and Instagram.
