Retrain.ai Review: Features, Integration and Pricing 2023

Retrain.ai is one of the many SaaS companies modifying the processes in their industries with AI. In this case, it is the recruitment and talent-sourcing industry. While picking any available person for a job is easy, it might cost the business more than it bargained for. One report by CareerBuilder showed that a bad hire could cost an organization $17,000. Another study reported that it can cost a business 2.5 times the employee’s salary.

Besides salary payments, other expenses that make up the overall cost are education and training, rehiring costs, decreased productivity, and more. To avoid this, businesses must be ready to put effort and time into their recruitment process. However, Retrain.ai simplifies the process with its responsible AI, which we’ll discuss in the article. 

Read on for a comprehensive review of Retrain.ai, including its features and benefits to your business.

Retrain.ai Overview

Retrain.ai is an advanced talent intelligence platform. Its use cases range from talent acquisition to training and upskilling. In addition, the company boasts of its use of Responsible AI to streamline its processes. This is a term for artificial intelligence built following ethical and legal principles to guide businesses in developing AI for good intentions only.

Therefore, an AI-powered platform for human resources must be built on ethical, generative AI. With Retrain.ai, you can screen and rank candidates based on data-driven insights. It also allows you to set up an internal talent marketplace framework. That way, your employees can monitor their growth in the organization.

However, all of this would only be with the innovation of Shay David and Isabelle Bichler-Eliasaf. In March 2020, during the heat of COVID-19, the duo saw an opportunity to bridge the gap between great employees and great businesses. Covid had highlighted the skills gap in the industry, and the duo created a system that could address it while improving employability.

Before this time, Isabelle and David had co-founded different businesses. Shay David had built Kaltura, a company that promotes open-source information. Isabelle, on the other hand, had created Tohar, a technology-powered job placement company. Retrain.ai launched in June 2020, and in September, Avi Simon joined the founding team as the chief technical officer (CTO).

Retrain.ai’s mission to transform the talent-sourcing industry has attracted several awards. From Corporate Vision’s Artificial Intelligence Award to the 2023 Artificial Intelligence Excellence Awards. Furthermore, the company has gathered over $20 million in investment since its inception. The latest one held in 2022 was a $14 million series unknown.

• Established: 2020
• Founders: Shay David, Isabelle Bichler-Eliasaf, and Avi Simon.
• Office: New York, United States (Headquarters)

5 Core Features of the Retrain.ai

Expert Opinion

Rating: 4.7/5

Retrain.ai is a responsible AI-powered platform for organizations to maximize talent intelligence in acquiring and managing talent.

Retrain.ai uses generative AI and machine learning to draw insights from external and internal company data. It then processes this data into actionable talent intelligence for the company. We loved many things about the talent intelligence platform. The first is its talent-upskilling approach. It compares skills from the company with the market standards and determines loopholes. Then, it creates skill pathways for employees. 

We also found it interesting that it could match employees with other jobs they were suitable for in the organization. Another thing that appealed to us was its data presentation. The dashboards are well-segmented to give a comprehensive view of the data requested. 

However, the level of comprehensiveness can sometimes make the page feel too crowded. You’ll need to use it for a while to get familiar with its functionalities.

Like many other platforms in its niche, Retrain.ai doesn’t provide pricing information on its website. We believe this prevents businesses from narrowing down their list of choices. Imagine having to book a demo with ten different platforms before choosing one. Not many business representatives would appreciate that.

Overall, we would recommend Retrain.ai to any business looking to become a skills-based organization for three reasons; its site architecture, versatility, and data presentation.

Restrain.ai Notable Features

Hiring the right people can be a hassle without the right talent intelligence tools. As we mentioned earlier, Retrain.ai is built on responsible AI. However, some features that empower its talent intelligence are:

1. Talent Acquisition Solution

Retrain.ai’s talent acquisition solution combines several functionalities to make talent sourcing easier. Its responsible AI evaluates potential hires’ skills, goals, and experiences. Through this, it can accurately select the talents that closely match your organization’s needs.

One of its many features is the ‘talent mapper.’The Talent Mapper gives you an overview of the job openings you’ve listed. It also allows you to filter them by location, position, department, and hiring manager. 

To create a job opening, Retrain.ai will prompt you to input details such as job name, description, and details. The job details include the position title, location, level, and manager in charge. You can edit a job opening by accessing it through the Talent Mapper.

Apart from this, the Talent Mapper provides a candidate dashboard to make acquisition easier. It lets you see a list of the applicants for a specific job post. You can filter them by skills, experience, education, diversity, location, etc. Another thing it does is show you a report of the applicants being added, processed, or withdrawn. It bases this on their level of relevance, number of matching and missing skills, and experience.

2. Talent Management Solution

It is one thing to hire; it is another to manage. If your organization has 50 employees and above, it’s definitely a lot of work to manage them. That is because talent management encompasses evaluating, scoring, repositioning, and structuring your workforce. While your HR team may be able to do some of these, they may miss more critical things, leading to the loss or misuse of competent employees. 

With Retrain.ai’s talent management solution, you can pair your employees with the career opportunities they fit best. Your dashboard allows you to see how your organization is doing overall regarding human resources. 

It shows you the skill distribution and capabilities gaps you need to fill for growth. It will also show you the top emerging skills in your organization per timeframe. Moreover, you can filter this information by department, team, and location.

In addition, you can manage individual talent through their employee dashboard. This feature lets you see how their skills compare against other open roles. For instance, when filling an available senior role, you may use this functionality to evaluate qualified employees. You may also notify them of their compatibility with this role through the Talent Mapper.

3. Skills Architecture Solution

Change is the one thing constant about professionalism today. Therefore, professionals must constantly evolve with their industry to stay relevant. Search Engine Optimization (SEO), for instance, is different from ten years ago. Therefore, an SEO specialist needs updated skills to function in a content marketing organization.

This is where Retrain.ai’s skill architecture comes in. It allows your employees to work and grow at the same time. The platform provides an overview of the skills your employees have and lack and how to bridge them. Consequently, this knowledge will help you create new growth strategies. 

To help you become a skills-based organization, Retrain.ai organizes and creates personalized skill catalogs. It then compares the data from these skills catalogs to what’s obtainable in the market. This analysis reshapes your workforce positioning strategy. What’s more, Retrain.ai also monitors the success of these strategies over time.

Restrain.ai Integrations

Retrain.ai integrates with several human resources platforms. Therefore, you won’t have to worry about moving your HR stack when deploying the solution. Some of the human capital management platforms it integrates with are Oracle and WorkDay. It also works with learning platforms to help you build an upskilling pathway for your employees. Examples of these platforms are Docebo and EdX.

Furthermore, you can link your applicant tracking system (ATS) with Retrain.ai for more functionalities. That way, you don’t have to restart your hiring process and can share information seamlessly. Some ATS platforms that Retrain.ai works with are BambooHR and GreenHouse.

Plans and Pricing

Retrain.ai does not provide pricing information on its website. It also does not offer a free trial. However, it allows you to book a demo. Its demo follows a highly personalized style. This means that requesting it gives you access to HR consultants. You get to ask them questions about your concerns regarding the platform. Moreover, you get insights into your organization’s workforce.

When requesting a demo, the platform will ask for details like your name, work solutions, and the reason for requesting a demo. Once submitted, the website will prompt you to schedule a time for a 20-minute one-on-one call.

Terms and Policies

Retrain.ai privacy policy details the types of data it collects from users and how it uses them. It also states its methods, place, time, and purpose of processing. Some examples of personal data it collects are usage data, email addresses, sign-up information such as names and company information, device information, etc. This device information could be advertising identifiers such as meta tags.

The talent intelligence company is GDPR, CCPA, and AICPA SOC compliant. Therefore, it takes extra measures in its data processing. Its privacy policy emphasizes that it processes user data following organizational procedures. Similarly, it informs users that their data may be accessible to persons in charge of them. 

Also, data is processed at the company’s location and is used to provide intelligence services to users. Other purposes for which the company collects your data are to contact you, display content from other platforms, remarketing and retargeting, and database management. 

However, since the company is GDPR compliant, you can withdraw your consent whenever you wish. You can also request access to your data, verify and correct your data, and lodge a complaint if you detect any problems. This freedom extends to its cookie policy as well. Cookies are trackers that allow the platform to perform its services seamlessly. On Retrain.ai, you can select which of its four types of cookies to accept.

Customer Support

You’ll get more information on customer support after joining Retrain.ai. However, if you want to contact them as a non-customer, you must fill out their contact form. 

When filling out the form, the platform will ask you to input your name, work email, purpose for messaging, and query. Once you’ve submitted the form, you’ll get a response from the team. 

You can also reach the company by placing a phone call at +19293685153 or you can visit their office.

Conclusion

The rise in entrepreneurship has led to an increased demand for talent. Whether remote or on-site, the job market is now candidate-driven. This means that candidates have the upper hand, thanks to the numerous jobs available. However, if your organization wants to maintain the integrity of its hiring process, it must become skills-based.

It’s also important to note that a skills-based organization must rely on more than just the discernment of HR members. Talent intelligence platforms like Retrain.ai can help with talent recruitment, management, skilling, and upskilling. To learn more about how Retrain.ai works, schedule a demo. Meanwhile, you can also visit our blog to discover other SaaS tools beneficial to your business.

Contributors: Adenike Omope (Technical Writer); Okesipe Olumide (Graphic Designer)