Talent acquisition is the process of planning, sourcing, assessing, hiring, and onboarding of qualified and talented individuals into appropriate positions in the organization. The process applies to all types of employment relationships including full and part-time employees, contract employees, contingent staff, or outsourced worker relationships. The focus of the process is on attracting talented workers to the organization.
Acquiring and retaining the best talent acts as a competitive advantage, but it is equally important and difficult to find the right person for the right job. Talent acquisition is an important function within HR, responsible for recruiting high-quality people through various sources for given job positions under stringent deadlines and cost constraints.
The process of Talent Acquisition
Five steps that complete the talent acquisition process are following:
- Step 1 – Inbound marketing
- Step 2 – Outbound marketing
- Step 3 – Filtering and selection
- Step 4 – Conversion and on-boarding
- Step 5 – Continuous Improvement