Talent Pool is the database of potential profiles. A talent pool is a group of people ready for responsibilities. People who are placed in a talent pool may appear with various abilities. An approach is that managers are asked to evaluate and select individuals. Another approach is using objective assessment methods such as multilateral evaluation to identify individuals who likely would be useful for future responsibilities.
In an average organization, there may be one pool, but in large organizations may be two pools- one in the senior management levels and the other in middle management levels. This is a beneficial tool to help locate talent in the database, quickly and effectively.
The benefits of Talent Pool
- Nurture candidates in the talent pools can attract passive talent
- Powerful ATS talent search capability
- Easily review candidates skills, experience, and qualifications