Talent Acquisition is just more than a filling a position, it’s about investing in your future vision. Preparing a talent acquisition strategy framework can assist the enterprises to hire smartly without affecting the current structure of the organization. Talent acquisition by definition means a function of an HR department with the need of an end to end solution to hire for any position. It’s a process of finding and acquiring a skilled resource depending on the need or growth opportunities. Talent acquisition has greatly transformed over the last decade moving from the simple job posting in the newspaper to social media becoming a platform to reach millions of candidates on a single click. In 2019, we will see the employees facing newer challenges when facing the acquisition process.
Here are a few of the points to consider
Millennials in the Job Market
Close to 40 percent of the current workforce consists of millennials, this is a huge number. Every year we see college graduates entering the job market and evaluating the company position before accepting any offer. The average salary for an employee ranges from $10,000 to $56,532. The Millennials are also contributing towards the economy with freelance work and part-time jobs.
Planning for Resources
Resource planning should be evaluated regularly, as HR professionals must understand the talent supply and demand. A thorough plan should be created focusing on different resource requirements and the business goals that need to be achieved. Human Resources (HR) might fall short in this category if the decision makers don’t share their plan.
The right talent acquisition strategy can assist the enterprises to grow and also reach the long term goals. For HR professionals the strategy should be dynamic enough if they find want to deal with the growing demands of updates and also finding other resource planning to implement the acquisition strategy.
