What is talent acquisition?

Glossary/T/Talent Acquisition

Talent Acquisition (TA) is the process of identifying skilled professionals to fill vacant roles in organizations. It includes everything from identifying the right candidates and assessing them, right up to finalizing and hiring candidates.

Recruiters, HR professionals, and hiring experts together make up a talent acquisition team. A well-structured talent acquisition process ensures future resource planning, a diversified workforce, curates a candidate pipeline, and also helps with employer branding.

Not to be confused with:

recruitment

Recruitment is the process of filling job vacancies by identifying, attracting, screening, shortlisting, and interviewing suitable candidates.

talent development

Talent Development (TD) is an HR approach used to motivate and retain engaged employees in an organization.

Not to be confused with:

recruitment

Recruitment is the process of filling job vacancies by identifying, attracting, screening, shortlisting, and interviewing suitable candidates.

talent development

Talent Development (TD) is an HR approach used to motivate and retain engaged employees in an organization.

recruitment

Recruitment is the process of filling job vacancies by identifying, attracting, screening, shortlisting, and interviewing suitable candidates.

talent development

Talent Development (TD) is an HR approach used to motivate and retain engaged employees in an organization.

recruitment

Recruitment is the process of filling job vacancies by identifying, attracting, screening, shortlisting, and interviewing suitable candidates.

talent development

Talent Development (TD) is an HR approach used to motivate and retain engaged employees in an organization.

Recruitment is the process of filling job vacancies by identifying, attracting, screening, shortlisting, and interviewing suitable candidates. While talent acquisition is a long-term strategy that aims to have a steady pool of candidates to choose from whenever vacancies arise, recruitment aims to handle the problem at hand and fill in vacant positions and does not aim to resolve any long-term issue related to vacancies.

Talent Development (TD) is an HR approach used to motivate and retain engaged employees in an organization. It aims at performance optimization to meet the strategic and operational goals of the business. Unlike talent acquisition which aims at hiring new employees, talent development is concerned with nurturing the skills and competencies of employees and prepare them for their perceived growth trajectory within the organization.

What are the components of an efficient talent acquisition strategy?

Workforce planning

Defined as an in-depth analysis of the workforce to ensure that it complies with the strategic organizational goals, workforce planning is a crucial part of a talent acquisition strategy. A strategy that lacks workforce planning might not be successful in choosing the right candidate for a particular role.

Employer branding

Talent acquisition teams that create an online persona and encourage their employees to be brand evangelists highlight their company’s values and culture in the right light. Bringing out the unique identity of an employer makes it easier to attract top industry talent.

Recruitment

Recruiting is an important component of the talent acquisition process, and helps with the creation of a talent pool to fill future job vacancies. It also helps organizations determine the type of candidates that suit their organizational needs and fix a few parameters that make an applicant the right fit.