HR Glossary

Labor piracy

Table of contents

Labor piracy definition

Labor piracy refers to a practice of attracting workers away from the companies in which they work by offering them lucrative incentives.

what-is-labor-piracy

Labor piracy definition

Labor piracy refers to the practice of attracting workers away from the companies in which they work by offering them lucrative incentives. This strategy is often used by companies seeking to acquire individuals with proven skills, experience, and industry knowledge without investing time and resources in training new employees.

See TalentLyft in action

Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!


Related content

Explore more topics

  • Employee Referrals

    Boost your hiring success with employee referrals. Leverage the power of your existing workforce to recommend top talent, reducing time-to-hire and improving candidate quality. Learn how to create an effective employee referral program that incentivizes employees, enhances engagement, and strengthens your recruitment pipeline.

  • Sourcing Candidates

    Master the art of sourcing candidates with strategies that help you find and attract top talent. Learn how to leverage social media, job boards, networking, and recruitment tools to expand your talent pool. Improve your sourcing techniques to identify qualified candidates faster and build a strong, diverse pipeline for your hiring needs.

  • Recruitment Trends

    Stay up-to-date with the latest trends shaping the recruitment industry. From AI and automation to remote hiring and employer branding, discover how modern recruitment strategies are evolving. Learn to adapt to these trends and enhance your talent acquisition process to attract top candidates in a competitive market.

  • Resume Screening

    Streamline your hiring process with efficient resume screening techniques. Learn how to quickly identify top candidates by filtering through resumes for relevant skills, experience, and qualifications. Utilize tools and strategies to save time, reduce bias, and ensure you're shortlisting the best talent for the job.

  • Recruitment Metrics

    If you can't measure it, you can improve it. Or something like that. Either way, tracking metrics is in the recruitment process is crucial to see what works and what doesn't. Dive in to this topic to learn all about the most important metrics to track and how they can help you optimize your hiring process.

  • Candidate Experience

    Candidate experience is a critical factor in shaping a positive employer brand and attracting top talent. Learn how to deliver a personalized and engaging candidate experience that reflects your company's values, fosters long-term relationships with candidates, and enhances your reputation as an employer of choice. Secure the best candidates with a standout hiring process.

Simple and affordable recruitment software