What is Talent Acquisition and why is it important?

In today’s modern working world, filling open positions with top talent is a really difficult task. To achieve this successfully, organizations must develop comprehensive strategies that ensure the recruitment of the right talent, but unfortunately, they cannot always rely all this effort on their in-house Human Resources department. 

In fact, in 2019, some reports concluded that 26% of companies identified as their biggest problem finding qualified workers for their open positions. In 2020, with the health crisis that figure increased up to 37%. 

For that reason, working with a Talent Acquisition company would be the most complete, personal option and the one that offers the greatest satisfaction for their clients and their organizations, leading them even to greater productivity in the workforce and a lower staff turnover rate.  

In the next article of Talent2Win, we will tell you more about what is talent acquisition, its importance and the differences it has with recruitment. 

What Is Talent Acquisition? 

Talent Acquisition is the strategy of identifying potential employees for your company that will fit perfectly with your organizational culture and suits all the desired expectations, thus achieving the long-term goals that every company may set.  

A Talent Acquisition process seeks to guarantee that firms have the capacity and skills to grow along with reasonable and attainable career progression. 

Talent Acquisition vs. Recruitment 

We know that at first glance many people may think that Talent Acquisition is quite similar to Recruitment, but the reality is that it differs in several key respects, since Recruitment is only one part of Talent Acquisition and generally implies a short-term commitment for a specific role. 

Talent Acquisition is a more comprehensive HR and business strategy that not only offers integral services but focuses on the long-term goals of any organization. For example, at Talent2Win, we do not only concentrate on identifying, attracting, and retaining talented people for executive-level positions, senior positions, or specialized training, but we also want to build lasting relationships within the talent pipeline in an effort to fill upcoming positions more effectively than traditional recruitment. 

While traditional recruitment seeks to fill the position as quickly as possible, in Talent Acquisition the same is sought, but without losing any detail along the way and always thinking about the importance of your company’s future. 

What are the benefits of Talent Acquisition? 

The strategies we use in Talent Acquisition aim to streamline the recruitment process in a longitudinal effect. It is true that it takes time to configure it, but it is much more likely that we will end up finding the right-fit, thus lowering potential rehiring and retraining costs. 

What we want as a company focused on our clients’ satisfaction is to see the broader picture for the firm that we are working with, as well as considering all the goals they want to achieve, directly benefiting both employers and employees. 

These are the 5 main benefits of hiring our Talent Acquisition services: 

1. Access to quality candidates

We have a considerable existing talent pipeline of potential candidates, reducing search time and increasing the efficiency of the process. 

2. Market intelligence

We can provide you with real-time insight into the current market so that you and your company gain a better understanding of market trends in order to find the right candidates. 

3. Metrics and analytics to evaluate success

We have measure the effectiveness of our process with recruitment metrics that help you to focus on the most important aspects for your organization. 

4. AI-based technology

We take advantage of the tools that technology offers such as artificial intelligence to streamline and speed up the hiring process, improving the quality of candidates and the chances of finding the perfect talent.

5. Customer Relationship Management

 We are constantly implementing different strategies to ensure the growth of our talent base, which in turn shortens the time it takes to find the perfect candidate for a role. 

Now that you know more about what Talent Acquisition is and the benefits it will bring to your company, why keep doubting?

At Talent2Win, we strive to align your company’s business objectives with the best Talent Acquisition strategies available. If you want to learn more about the services we offer, do not hesitate to contact us.