Talent

Acquisition
 Overview
 Meaning:
Talent acquisition refers to the process of identifying and acquiring skilled workers to meet your
organizational needs. The talent acquisition team is responsible for identifying, acquiring, assessing, and
hiring candidates to fill open positions within a company.

 Cornerstones of Talent Acquisition:

• Employer branding

• future resource planning

• diversifying a company’s labor force

• developing a robust candidate pipeline 2

Process
Selecting the
Lead Interview and
best
Generation Assessment
candidate(s)

Recruiting and
Evaluating
Attracting top
references Hiring and
candidates
Onboarding
3
Strategies
1.Align your talent acquisition strategy with your business goals.
2.Use data and marketing to create better acquisition material.
3.Expand outreach strategies.
4.Build your company identity.
5.Emphasize the company’s corporate social responsibilities.
6.Increase budget for the DE&I department.
7.Offer updated work options.
8.Design a competitive and comprehensive benefits plan.
9.Promote internal diversity.
10.Partner with local universities to build an applicant pool.
11.Add other incentives.
4
Key Metrics
1. Time-to- 2. Cost of
6. Hiring
hire / manager’s
filling the 5. Quality-of- satisfaction
“Time-to- position hire with the
fill” recruitment
process

3. Yield
4. New-
ratio for 7. Applicants’
employee 8. Cost of
each perceptions of
Vacancy
retention the recruitment
recruitment (COV)
rate process
method

5
 Trends and best practices
1. Branding
2.Make talent acquisition a priority for everyone in the company.
3. Employee Retention
4. Establish Viable Channels
5. Maintain an active presence on all forums and platforms (digital and
traditional).
6. Use a data-driven decision-making process to build flexibility into your
talent acquisition strategy.
8.Offer L&D opportunities at work.
9.Use exit interviews and “failed” attempts to acquire talent as a learning
opportunity to streamline the talent acquisition process/strategy.