Talent Acquisition

Talent acquisition involves finding, attracting, selecting, and retaining highly skilled individuals. It is a crucial part of the employee journey and a major driver of organisational success. The acquisition of talents includes the process of capturing and recruiting candidates that pass the organization fit and job description criteria.

When it comes to talent acquisition, its roles include, but are not limited to, recruitment, employer branding, evaluating and recruiting candidates to accept open positions, as well as ensuring staff efficiency and employees’ diversification. Correct implementation lowers employee turnover, increases work productivity, and boosts employee engagement. The talent acquisition function has evolved. In many organizations, it is now a distinct team or part of HR and is crucial to people's strategies.

Example of Talent Acquisition

For example, a tech company that is heavily recruiting might use job boards to advertise available positions, social media to find potential candidates, and professional networking sites to reach out to people in the industry. The organization launches employer branding campaigns to highlight its values, culture, and career advancement opportunities in an attempt to entice and keep the best employees.

Modern applicant tracking systems (ATS), predictive analytics, and artificial intelligence (AI) algorithms can streamline the sourcing, screening, and selection processes, allowing talent acquisition professionals to make faster, more informed hiring decisions. Proactive talent pipelining is another talent acquisition strategy tool in the toolbox. Recruiters use this method to actively seek out passive candidates and stay in touch with those who demonstrate potential as future employees. By being proactive and comprehensive in their talent acquisition strategies, organizations can gain a competitive edge in today's labor market, meet their current and future talent needs, and build a strong employer brand.