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III.

TALENT ACQUISITION
STRATEGIES: SOURCING,
SCREENING, AND
SELECTING CANDIDATES
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1
TALENT ACQUISITION AND ONBOARDING

Talent acquisition Onboarding

Talent acquisition refers to the strategic Onboarding refers to the process by which
and ongoing process of identifying, individuals, typically new employees or
attracting, and acquiring skilled and users, are introduced to and integrated into a
qualified individuals to meet an particular organization, company, or system.
organization's current and future talent It is a structured and comprehensive
needs. It encompasses the entire lifecycle approach that aims to familiarize individuals
of talent acquisition, from identifying with the essential knowledge, skills, tools,
talents needs of organization, sourcing and resources necessary to effectively
candidates to evaluating, selecting, and perform their roles, understand the
ultimately hiring the best-fit individuals for company's culture, and become productive
specific roles within the organization. members of the organization.

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TECHNOLOGY & FINANCE 2
TALENT ACQUISITION STRATEGIES: SOURCING, SCREENING AND
SELECTING CANDIDATES
In the dynamic world of recruitment, it's crucial to have a clear understanding of each stage of the hiring process. Sourcing,
screening, and selecting candidates are essential steps that play distinct roles in finding the right individuals to join an organization.

Sourcing Candidates Screening Candidates Selecting Candidates


is the initial phase of the recruitment involves evaluating the pool of potential involves evaluating the shortlisted
process, focused on identifying candidates to determine their suitability candidates to make a final decision on
potential candidates for a job opening. for the position. The objective of who will be offered the position. The
The primary goal of sourcing is to screening is to shortlist the most objective of the selection stage is to
generate a pool of potential candidates qualified candidates for further identify the candidate who best aligns
to move forward in the hiring process. evaluation. with the organization's requirements,
culture, and values.

Key activities in sourcing Key activities in screening Key activities in selecting


candidates include: candidates include: candidates include:
• potential candidates. • -cations, skills, and experience. ✓• Verifying background
Conducting in-depthinformation
interviews
• Engaging
✓ Utilizingwith passive
online candidates.
platforms and ✓• - Conducting
Reviewing initial interviewsand
resumes to and conducting reference checks.
with the shortlisted candidates.
databases
• Posting to identify potential
job advertisements on gauge candidate fit.
applications. ✓• Assessing cultural fit and relevant
Administering
relevant platforms.
candidates. •✓ - Narrowing
Assessing down the candidate
qualifications, skills, alignment with the organization's
assessments or tests.
• Building
✓ Engaginga network of contacts
with for
passive pool
andbased on predetermined
experience. values.
✓ Verifying background
future hiring
candidates. needs. ✓ criteria.
Conducting initial interviews • Making the final decision on the
information and conducting
✓ Posting job advertisements on to gauge candidate fit. candidate to be hired.
reference checks.
relevant platforms. ✓ Narrowing down the ✓ Assessing cultural fit and
✓ Building a network of contacts candidate pool based on alignment with the organization's
for future hiring needs. predetermined criteria. values.
✓ Making the final decision on the
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candidate to be hired.
TECHNOLOGY & FINANCE 3
EFFECTIVE TALENT ACQUISITION STRATEGIES

8. Offer competitive 9. Emphasize


1. Define your talent
compensation and diversity and
requirements:
benefits: inclusion:

7. Prioritize 10. Establish a


2. Develop an
candidate robust onboarding
employer brand:
experience: process

6. Conduct 11. Continuously


3. Utilize multiple
comprehensive evaluate and refine
sourcing channels:
interviews: your strategies

5. Embrace
4. Implement a
technology and
structured
data-driven
screening process
approaches

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TECHNOLOGY & FINANCE 4
SCIENTIA ET MTF INSTITUTE OF MANAGEMENT,
PRATIQUE TECHNOLOGY & FINANCE

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