Early talent benchmarking is a process by which an organization can assess the relative strengths and weaknesses of their current workforce and develop plans to address these deficiencies. By effectively measuring employees against established benchmarks, an organization can identify areas in which they need to invest in training or development, and identify potential new hires who would be most successful in the company culture.

There are several key benefits to implementing early talent benchmarking:

1. Improved Staff Retention & Recruiting: By identifying areas in which employees need additional training or development, companies can ensure that they are providing the right support for their employees. In addition, by tracking employee progress against established standards, recruiters can more easily identify potential candidates who would be a good fit for the company culture.

2. Improved Employee Performance: Benchmarking can help employees see where they excel and where they could improve their performance. This knowledge can help employees develop a greater sense of self-awareness and confidence, leading to increased productivity and better results for the organization as a whole.

3. Reduced Training & Development Costs: Employers that implement early talent benchmarking programs often find that they spend less money on training and development overall because they already have a strong understanding of their employees’ strengths and weaknesses.

Benchmarking is a process by which an organization can assess the relative strengths and weaknesses of their current workforce. By effectively measuring employees against established benchmarks, an organization can identify areas in which they need to invest in training or development, and identify potential new hires who would be most successful in the company culture.