Talent acquisition
Workforce Management Glossary
Talent acquisition
What is talent acquisition?
The process of talent acquisition is about identifying individuals with the experience and skillset to match organisational wants and needs. With this in mind, talent acquisition is a targeted and strategic form of recruitment with a focus on long term labour demands.
Why is talent acquisition important?
Talent acquisition is about sourcing the right person for the right role within a company. When talent acquisition processes are completed successfully, organisations are rewarded with an employee that not only fits in with the organisation, but brings with them a unique set of skills and therefore, benefits.
By hiring competent talent that can fill organisational gaps or add special skills to the current workforce, everything from productivity to the capabilities of the business increases.
It’s also important to note that successful talent acquisition can reduce short and long term hiring costs. By sourcing the right talent for the job, employee turnover rates are lowered and the potential of great talent can result in leadership opportunities in the long term.
How can a business effectively manage talent acquisition?
When it comes to effective talent acquisition, businesses need to have processes in place. This is because there is no use in approaching top talent if the company doesn’t present as an attractive proposition.
These processes may range from guidelines in relation to remote work to the existence of initiatives like mentorship programs and overtime policies. Each factor can contribute to attracting top candidates who might be looking for different opportunities.
With Roubler’s electronic document management system, management can easily upload and communicate policies at the touch of a button, ensuring that everyone is on the same page when it comes to what an organisation can offer during the talent acquisition process.