The document outlines the key steps in a talent management process, including understanding requirements, sourcing candidates, attracting applicants, recruiting, selecting, training and developing employees, retaining top performers through promotions and incentives, assessing competencies and performance, career planning, succession planning, and managing employee exits. The goal is to hire the most suitable candidates and keep them motivated through training, rewards, and career advancement opportunities.
The document outlines the key steps in a talent management process, including understanding requirements, sourcing candidates, attracting applicants, recruiting, selecting, training and developing employees, retaining top performers through promotions and incentives, assessing competencies and performance, career planning, succession planning, and managing employee exits. The goal is to hire the most suitable candidates and keep them motivated through training, rewards, and career advancement opportunities.
The document outlines the key steps in a talent management process, including understanding requirements, sourcing candidates, attracting applicants, recruiting, selecting, training and developing employees, retaining top performers through promotions and incentives, assessing competencies and performance, career planning, succession planning, and managing employee exits. The goal is to hire the most suitable candidates and keep them motivated through training, rewards, and career advancement opportunities.
Understanding the requirement – Design job description and job specifications.
Sourcing – Decide where to search candidates from. Attracting – Giving jobs ads online, doing on campus recruitment, hosting competitions etc. Recruiting – Process starts here. Candidates are invited to the company. Selecting – Scrutinizing the most suitable candidate Training and Development – Enhance the skills by counseling, guiding or training the employee. Retention – keep them motivated by promotions and increments so they stay. Promotion – Enhance their work in the company. Job enrichment is required. Competency mapping – Assess the skills, abilities, behavior, knowledge and attitude of the employee. Performance appraisal – Evaluate the work done by the employee to decide if they can manage more work load. Career planning – If the individual is doing the job well then reward them and give them recognition. Succession planning – Decide who will replace who and give promotions accordingly. Exit – It is the end of the process when the employee no longer serves the company.