What is a Talent Pool?
The talent pool is a list of potential applicants who could prove to be excellent in either an open or unopened position. It enables organizations to source talent actively, shorten the period of hiring, and create long-term recruitment pipelines. Having good talent pools will enable the organization to adjust to workforce demands swiftly, enhance employer branding, and remain competitive in the attraction of skilled professionals. Talent pool management in its effectiveness may comprise the active job seekers as well as the passive ones so that there will always be a pool of qualified applicants whenever there will be a vacancy of a job.
Examples of Talent Pool
The human resource department develops a talent pool in the critical technical positions.
The talent pool is well managed, minimizing the time and cost of hiring.
Newsletters and networking events are also practiced to contact their talent pool by the employers.
Synonyms
- Candidate Pipeline
- Talent Pipeline
- Applicant Database
- Recruitment Pool.
