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Everything you Need to Know about Recruitment and Talent Acquisition

HR Tech Outlook | Monday, May 17, 2021

While social media platforms are often used in recruitment marketing, they also play a unique role in talent acquisition that extends beyond merely marketing the employer brand.

Fremont, CA: The process of identifying, screening, recruiting, and ultimately onboarding job applicants is known as recruitment. It is the most critical aspect of talent acquisition, but it focuses on the practical steps of the recruiting process in the short term, while talent acquisition focuses on the long term and the intellectual resources that companies will need to stay competitive.

Recruiting and onboarding are the first big steps of the much wider area of talent management, and they are the focus of talent acquisition. Learning and growth, performance management, salary management, and succession planning are all part of the above process, which runs across an employee's "lifecycle."

While the distinctions between recruitment and talent acquisition mentioned above seem to be straightforward, HR experts, consultants, and HR software vendors often disagree about where to draw the line between the two. The two fields converge more than they diverge, and the majority of talent acquisition work is mainly conducted as part of an organization's internal recruiting process.

Here are three methods and strategies of recruitment and talent acquisition:

Recruitment marketing.

Any successful talent management plan must include a recruitment marketing strategy. Recruitment marketing is a subset of marketing that focuses on promoting the company as a desirable place to work, reinforcing the employer brand and corporate culture, and accumulating a database of leads, many of which would be passive applicants who are not actively searching for work. Employee referrals, video testimonials, and social media are effective ways for current employees to advertise the business.

Source of hire.

A mechanism for determining the source of hire (SoH) of top-performing workers — outlets such as the company's career portal, employee references, and work boards — is another successful talent management technique. An ATS can monitor SoH data and slice it into functional categories like passive candidates, unsuccessful applicants, or geographic regions; analytics tools can be used to extract additional insights from this information.

Social media recruiting strategies.

While social media platforms are often used in recruitment marketing, they also play a unique role in talent acquisition that extends beyond merely marketing the employer brand. In the early stages of recruitment, social media platforms, and niche sites, serve as two-way communication networks for posting jobs and communicating with candidates.

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