Talent management is an industry where professionals who are considered multi-taskers are high in demanded due to the multi-faceted nature of talent management. One of the most intriguing aspects of the talent management strategy is the hiring process, where the management division must engage in a balancing act which involves attracting new talent, retaining the best ones, and ensuring that development is structured and implemented as required. Over the years, there has been a shift in the industry towards a more personalized, analysis oriented hiring process. Here are a few ways this has happened-
- Employee Friendly– The manner in which a workforce is treated has huge weight upon the desirability of a workplace. It is important to cultivate an environment that is for the benefit of the employees and empowers them to strive for developments and meeting deadlines. This has tremendous weight on the credibility of an organization because it is a universal truth that your establishment is only as good as the people that operate it, and setting the right kind of attitude and positivity towards your workforce allows them to build upon the existing opinion of the organization. Talented individuals are drawn to fulfilling workplaces, and the environment must be cultivated as such if it is to acquire and retain major talent, in the long run.
- Ethical Operations– Prestige holds huge weight in business and ensuring that your own company follows rules and regulations is hugely important. Participating in socially beneficial activities, alongside ethical business practices all contribute towards building a brand image. Reputations often draw in many talented workers and maintaining a smooth, impressive flow of operations alongside awareness and initiative goes a long way.
- Advanced Networking– It is vital for a talent management team to have access to social media platforms, communication channels, etc through which they can exercise outreach and generate interest. Many companies consider tertiary departments simply for the sake of handling marketing and brand image, in the long run. Young talent is often drawn to places with excellent outreach and influence.
- Clarity– One of the most important things in a professional environment is to define your roles with clarity as it is vital for new candidates to have a clear idea of what responsibilities they should be willing to take on, alongside other expectations. Clarity is hugely underrated, because this type of advertising often generates “genuine interest” rather than candidates being drawn in simply off the outreach and/or reputation, with an unclear idea of what is expected, both at the interview process and the job.
- Structured Hiring– It is important to know if the candidate is equipped with the right tools to meet the requirements of their own role. Interview processes should go beyond a profile evaluation- the employer must make sure that the process examines the relevant skills required by a candidate and gauge their performance. Delegating a team rather than a couple of people to take charge of the hiring process is highly recommended. Standard testing is another such practice, and looks to be gaining popularity.
- Adequate Compensation– Pay packages and their incentives often draw in prospective talent, so companies must ensure that their employees are being paid what they deserve. Talent is paid for in a premium and employers must be willing to invest money in a professional, if they are accomplished. Merit holds great standing in the industry but so does respect- treating your workers with empathy and generosity pays itself back several times in company performance.