The strategic process through which employers examine their long-term personnel needs in the context of business goals, identify and create the best talent sources, and then execute the strategy by recruiting, evaluating, and on boarding people is known as talent acquisition. It is typically a function of the human resources department working closely with talent acquisition specialists, with input from senior executives.

Talent acquisition is frequently viewed as a strategic approach to the early stages of talent management, the process through which businesses hire, deploy, train, evaluate, and compensating employees.

Why is talent acquisition important?

Finding and employing the proper people is a critical component of every organization’s business plan and has a direct impact on its performance.
Without the correct workers, a company is likely to struggle with low productivity, poor decision-making, and disgruntled employees.

Talent acquisition is proactive. A talent acquisition team evaluates the potential employee’s career path inside the firm rather than merely selecting a candidate to fill a current opening. As a result, talent acquisition ensures that the organization hires individuals who have the potential to become managers or make other significant contributions.

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