Successful employment planning is designed to identify an organization’s human resource needs. Once these needs are known, an organization will strive to meet them. Then next step in staffing, then – assuming that demand for certain skills, knowledge and abilities is greater than the current supply- is recruiting. The company must acquire the people necessary to achieve the goals of the organization.
Takeaways form the above videos Create a winning recruitment strategy -Recruitment is a process of filling a backfill/New position in an organization. The core function of recruiting is to find the candidate for existing roles that are currently available.
-Talent acquisition is a process of building relationships anticipating future hiring needs and creating a pool of candidates. It is a more strategic approach that develop and nurtures a talent pipelines with long term view.
Difference between Recruitment and Talent Acquisition
Planning and Strategy -Unlike recruitment, talent acquisition requires a deeper look at the nature of your business and an understanding of future work place needs. It is a forward thinking approach, looking through a wider lens, that takes into consideration the local and global labour markets.
Workforce Segmentation -Talent acquisition depends on understanding the different work segments within a company as well as the different position within those segments.
-Employer branding more then ever before brands are going beyond attracting consumers to attracting talent ensuring that your company’s brand is clear and attracting is the main element in talent acquisition.
Talent scooping and Management -Socail Media Hiring (Linkedin, Facebook, Twitter, Instagram, Whatsapp Groups, Telegram Groups)
-Campus Hiring
-job fairs
-Hiring drives at local places
Once you have established contact with potential candidates you have to maintain and build those relationships.
Metrices & Analytics -By collecting and analysing significant information, you can continuously improve your recruiting process & make better hiring decisions.
Types of Metrics -Time to fill
-Time to hire
-Source of hire & less than one year attrition
Thought of the Day: Doing the right thing is more important than doing the thing right. - Peter Drucker
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