A method and a system for determining a skill matrix of an employee is provided. The method comprises analyzing the employee's folksonomic behavior and consequently creating the skill matrix of the employee. Folksonomy comprises creating one or more tags to annotate and categorize web content. The system includes a Tag Cloud Management Module, a Tag Cluster Generator Module and a Skill Matrix Generator Module. The Tag Cloud Management Module is configured to generate a tag cloud, wherein the tag cloud includes one or more tags created by the employee while browsing content of interest. The Tag Cluster Generator Module is configured to create one or more groups/clusters of one or more tags included in the tag cloud, based on one or more technologies related to the one or more tags. The Skill Matrix Generator Module is configured to analyze the created one or more clusters of tags to determine the skill matrix of the employee.