TORC

Talent Acquisition can be defined as “a strategic approach to identifying, attracting and bringing on board talented people to meet changing business needs”.

Recruiting is a subset of Talent Acquisition incorporating sourcing, interviewing, selecting and hiring new staff; however Talent Acquisition is a much broader concept as it includes other strategic ‘corporate’ elements such as:

Employer Branding – those elements that define a company’s image and reputation, organization culture and differentiators which help attract quality candidates.

Candidate Targeting – defining and understanding the audiences which need to be engaged with to source specific talent.

Sourcing Strategies – different approaches need to be developed and applied depending on the audience which is being targeted.

Candidate Relationship Management – ensuring a positive candidate experience whether they are hired or not.

Metrics & Analytics – tracking the overall recruitment process throughout to make improved recruitment decisions, improved quality of hire and aid retention.

Onboarding – ensuring the candidate has a smooth introduction to the organization, handover to the hiring manager and department colleagues.

In addition the selection of tools, technology, recruitment and/or outsourcing partners are other important elements of a company’s Talent Acquisition strategy.

*Aadpted from  a blog  from Bersin by Deloitte