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Talent Pipeline
A talent pipeline is a pool of prospective candidates, either internal or external, in place before a position becomes vacant. A talent pipeline consists of candidates who have already been deemed qualified for a particular position.
The talent pipeline framework
Six steps that complete the framework for talent pipeline are following:
- Step 1 – Identify prospective candidates
- Step 2 – Make Initial contact
- Step 3 – Pre-screening of prospective candidates
- Step 4 – Nurture the prospects
- Step 5 – Setting the interview
- Step 6 – Making a job offer
Advantages of Talent pipeline
- Reduce time to hire
- Minimize business disruption
- The higher success rate in interviews
- Reduce costs per hire
- Get the best talents
