Talent acquisition and management
Talent Acquisition
Talent acquisition deals with the strategies, tactics and processes for identifying, recruiting and retaining the human resources a company needs.
The hiring process includes numerous tasks, including:
- Candidate sourcing.
- Screening candidates.
- Interviewing.
- Pre-employment testing.
- Writing employment offers.
- Onboarding new hires.
Talent acquisition trends and best practices
1. Branding - Employer brand is an important part of the employee value proposition and is essentially what the organization communicates as its identity to both potential and current employees. It encompasses an organization's mission, values, culture and personality.
2. Strategic Selection - Selection of diverse workforce, build close relationship between HRM strategy & corporate strategy.
3. Employee Retention - Employee retention is the organizational goal of keeping productive and talented workers and reducing turnover by fostering a positive work atmosphere to promote engagement, showing appreciation to employees, providing competitive pay and benefits, and encouraging a healthy work-life balance.
Common Selection Techniques
- Resume sorting process - recruiter chooses top candidates from resumes and other application materials sent through online job boards and portals.
- Introductory screening - recruiter might use this method to identify candidates from a previously curated shortlist. It typically involves sending these candidates a series of questions by email that further assess their qualifications and professionalism.
- Assignment test - This selection method involves administering a test prompt that resembles a similar work assignment that a candidate might receive in a company.
- Candidate references - Candidate references are insights from a previous employer or colleague that can reveal their work conduct and overall capabilities. A hiring manager might ask for references in the preliminary round of a hiring process to learn more background knowledge before meeting them or toward the end to verify what they learned.
Talent Management
According to Sloan, Talent Management is Managing leadership talent strategically, to put the right person in the right place at the right time.
According to Capelli, Talent Management is simply a matter of anticipating the need for human capital and setting out a plan to meet it.
(Shrm.org)
Conclusion
Talent management in an organization aims at
ensuring employee recruitment, training and development,
performance reviews and their compensation. Working towards enhancing a good talent management
system in the organization ensures these components of human resource contribute to the
success of the organization.
References
https://www.shrm.org/resourcesandtools/tools-and-samples/pages/what-is-talent-acquisition.aspx#:~:text=Talent%20acquisition%20deals%20with%20the,human%20resources%20a%20company%20needs. (Shrm.org)
You have extracted the basis foundational principles of the topic. This will be very useful to build an entire blog on. I would have appreciated more if you could have touched up on the changing trends in talent acquisition within your article or in simpler words how these basic activities are executed more effectively in the current workplace. However, I commend your entrance to the subject under discussion.
ReplyDeleteGreat article on talent acquisition and management, Thamasha! I completely agree that talent acquisition is a crucial process for identifying and retaining human resources that an organization needs. It's interesting to see the various trends and best practices in talent acquisition, such as employer branding, strategic selection, and employee retention.
ReplyDeleteI appreciate that you also mentioned the common selection techniques used by recruiters to identify top candidates, such as the resume sorting process and assignment tests. Additionally, talent management is equally important, as it involves managing leadership talent strategically and anticipating the need for human capital. Overall, this article provides valuable insights into talent acquisition and management.
Excellent article Thamasha! Talent management is how employers recruit and develop a workforce that is as productive as possible and likely to stay with their organization long term. When implemented strategically, this process can help improve the overall performance of the business and ensure that it remains competitive. You have drafted all these points nicely so that anyone can understand this easily.
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