A talent pool is a database of candidate profiles interested in working for your organization. It can be a mix of people who either applied before and weren’t the right fit at the time, people with specific expertise, through referral, — or people with a more generalist profile, passive candidates, and former employees. An efficient reliable internal pool will help the recruiter to understand the required skill-set across departments in order to improve recruitment processes. Read this info-graphic to find out the benefits of talent pool management.
Creating an effective talent pool ensures that you have a repository of candidate resumes at hand that you can go through in case of an urgent opening in your company. It also helps to first check internally before reaching to staffing agencies. Sourcing in today’s world is changing rapidly. There are many plugins, extensions, referral programs available from where you can source your candidates. This helps recruiter achieve their recruiting targets faster in the future.
Having an attractive yet simpler landing page attracts candidates to show interest in your company. It works as an invitation to your talent pool. Make sure you keep it easy and simple. Creating and nurturing talent pools of candidates that fit your requirements is the best way to make sure that your team is on track to hit diversity targets, and check that you’re getting sufficient ROI from your investments in diversity talent attraction.
The benefits of talent pool management are vast. Talent pool segmenting is a tool to enhance candidate targeting. You can divide your candidates based on their skills, education, etc so that you can target only those candidates according to your opening. As you already have your talent pool you tend to spend less on the marketing of your company’s job vacancies. It gives you the idea of positions and profiles you got covered and ones you need to work on. As the talent pool is already at your disposal you don’t have to look for a needle in a haystack. Processes like sourcing, screening, segmenting, and pre-qualifying of candidates are already done you just have to filter them and voila your prospective candidates are here.