Culture & People
Talent acquisition is the process of attracting, finding and hiring skilled human labor for organizational needs in order to meet labor requirements.
Talent Acquisition definition
In the process of talent acquisition (TA), the mail goal is to recognize and meet all the labor requirements a company may have. When used in the context of the recruiting and Human Resources (HR), talent acquisition usually refers to the talent acquisition department or team within the Human Resources department.
Talent Acquisition teams are usually responsible for finding, acquiring, assessing, and hiring candidates to fill open job position.
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Talent Acquisition process
The process of Talent Acquisition and the way we recruit have changed dramatically. While sourcing talent and posting jobs on job boards used to be primary TA methods, this is not the case any more.
Talent Acquisition today looks much different. Talent Acquisition professionals need to have many more skills, as their main job has become to attract talent. With that being their primary goal, many TA professionals are now expected to be able to plan and implement successful Employer Branding and Social Recruiting strategies.
Talent Acquisition and Candidate Journey
Today's candidates go through different stages of candidate journey than they used to few years back.
When looking for jobs, they now have a lot of information available. It is not enough to just show them open positions and expect them to apply. Candidates now, after they become aware of your company and job opening, need to be attracted to choose you as their employer of choice.
Importance of Talent Acquisition
People are the single most important drivers of every company's success. That makes Talent Acquisition one of the most important, if not the most important, departments of every firm.
However, the role of every talent acquisition specialist is complex, and it holds a lot of responsibility. Many TA professionals today need to know not only how to find and hire people but also how to use Recruitment Marketing strategies, provide exceptional candidate experience, encourage candidate engagement, and develop a successful candidate relationship management strategy.
Important Talent acquisition statistics
Need help with Talent Acquisition?
If you need help finding, attracting and hiring talent, schedule a TalentLyft demo to see how it can optimize your Talent Acquisition efforts.
Explore More Terms & Definitions
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- Appointing Officer
- Candidate Relationship Management (CRM)
- Employee Referral
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- Administrative Services Only or A
- Recruitment Marketing
- 360 Degree Feedback
- Candidate Journey Mapping
- Social Recruiting
- Applicant flow data
- Incidence rate
- Candidate-centric recruiting
- SPHR (Senior Professional in Human Resources)
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