To build a successful business, recruiters need a mix of strategies, expertise, and, most importantly, the right employees. Therefore, booming businesses and companies cannot but recognise the role of effective talent acquisition.
Employees across industries are now re-evaluating their professions. They’re prioritising their well-being and, in many cases, making significant life changes due to the “Great Resignation.”
But recruiters cannot lag, waiting for the trends to settle. Instead, recruiters have to harness the situation and ride on the back of pandemic-era hiring. The results – businesses are vigorously competing for talent in a highly competitive market, and those who can hire the best talents survive.
This article will see the benefits of talent acquisitions and what recruiters should look for before choosing their talent acquisition partner.
What is Talent Acquisition?
Talent acquisition is about recognising and acquiring skilled workers to meet your organisational needs. Your talent acquisition team or partner is responsible for identifying, evaluating, and recruiting candidates on your behalf.
Diversifying a company’s labour force and developing a solid candidate pipeline, along with employer branding, are the cornerstones of talent acquisition.
Skillsets of an effective talent acquisition partner include
- Sourcing strategies.
- Candidate assessment.
- Compliance and hiring standards.
- Effective employment branding practices and corporate hiring initiatives.
Benefits of Talent Acquisition
Having an effective talent acquisition team by your side allows you to attract talented and skilled employees seeking to contribute to the improvement of an organisations’ performance and results.
1. Get the right people
Your dream talent acquisition team should focus on finding the most suitable candidate for the job rather than just filling out positions ASAP! Recruiters must ensure that candidates are evaluated on every aspect of the job, from their skills to cultural fit, impacting the eventual turnover rate of your company.
2. Stay in the competitionÂ
Having the right people in place with the right skills and attitude is essential to run your business successfully and keep the innovation on, giving you an edge in the market. On the contrary, subpar hiring often results in inadequate and unmotivated staff, making your business struggle and eventually harming market competitiveness.
3. Save on time and money
Replacing an employee can be costly. While making sure the right person for the job is hired can eventually save you a lot of time and money. Recruiting processes include job advertising, CV screening, candidate assessment, and interviewing.
These tasks require resources and a significant amount of time and energy. And if these actions are applied to locating the right talent, the costs will reduce significantly. Again, this is where partnering with the right talent acquisition partner will help.
4. Prep for the future
A strategic approach to talent acquisition helps ensure that hired people have the skills and disposition to develop into leaders. This means that your talent acquisition partner will not just hire someone to fill a position and do a job.
Instead, candidates will be rigorously screened and evaluated, so they’re not just a suitable fit for their current positions but also have the potential to take on new roles in the future.
What Should You Look for in Your Talent Acquisition partner?
Now that you have a fair idea about the merits of outsourcing your company’s talent acquisition from an experienced partner, it’s time to know what you should look for in them:
1. A focus on your company’s culture
Effective hiring isn’t just finding the right candidate for the role. It’s equally important to attract employees that fit right into your company’s brand and culture. Therefore, no matter your company’s culture, a talent acquisition partner needs to understand your company values and act accordingly, ensuring your unique values and message are conveyed at every recruitment stage.
2. An in-depth understanding of your industry
A solid understanding of your company’s industry will always help. A recruitment partner that’s up-to-date with trends, topics, and predictions will adapt to your company’s needs should the landscape change.
A thorough understanding of the role and its requirements will open better avenues to reach the most suitable talents.
Also Read: How to Know if Your Tech Recruitment Process is Outdated
The right talent acquisition partner will take the time to understand the requirements of a specific role and then source candidates who meet these specific criteria.
3. Consistent communication
Your talent acquisition partner is supposed to manage the candidate life cycle – from application to the final job offer. Here comes the role of effective collaboration and clear communication with the hiring manager. An ideal talent acquisition partner recognises the role of deadlines and consistent communication transparently.
4. The right branding
Your talent acquisition partner would also be responsible for communicating what your brand stands for to potential candidates. Branding allows for understanding your company culture, reputation, key differentiators between competitors, and its products and services.
In addition, talent acquisition teams are also responsible for retaining essential employees and maintaining employee morale.
Your dream talent acquisition partner would be less concerned about meeting quotas and sales targets and will be focused on helping you invest in candidates.
How can CodeQuotient help?
Companies are struggling to find qualified techies, as the demand in the IT field is increasing quicker than qualified developers are showing up.
There aren’t enough candidates to keep up with the burgeoning demands for skilled tech talents. There are also more tech jobs available than ever, and companies find themselves having to compete for the top candidates.
With its market-driven, fun program for students, CodeQuotient has garnered a vast pool of SuperCoders, ensuring your company doesn’t get to compromise on the quality of skills and a candidate’s fit into your tech team’s culture.
Get in touch today to know more about how CodeQuotient can help you hire the best candidates!
