Talent benchmarking is the process of evaluating an organization’s talent pool against industry standards and competitors to measure performance, skills, and potential. This strategic approach identifies gaps in competencies, highlights areas for improvement, and ensures alignment with market trends.By analyzing key metrics such as employee skills, retention rates, and leadership capabilities, organizations can refine their talent strategies and maintain a competitive edge. Talent benchmarking also aids in succession planning and workforce development by providing insights into emerging trends and best practices.