Glossary

Talent Acquisition

Talent acquisition is a powerful software tool for managing all the sub-processes involved in finding, attracting, and eventually hiring highly talented individuals who will integrate smoothly and productively into your company. Talent acquisition software helps you streamline the entire recruiting process and dramatically reduce your overall recruiting costs. In a single online location, managers and recruiters can create and post requisitions, search the talent acquisition pool, screen applicants, perform background checks, and select the best candidates for the job at hand.

Among the many options provided by talent acquisition software, your recruiting team can now:

• Create and edit job requisitions online.
• Track and manage open requisitions from their desktops.
• Schedule interviews and enter interview results online.
• Consolidate billing and track recruitment costs.
• Rapidly scan all references pertaining to a given candidate.

Talent acquisition software enables unsolicited candidates who want to change jobs to advertise their intentions within minutes of making their decision and receive inquiries about their talents within hours. Talent acquisition solves a true business problem: ready availability of work capability – or in other terms, the labor force, and most important, quality of the new labor force.

Here is what Taleo Research says about the Talent Acquisition Landscape. You can also request our report Hidden ROI of Talent Acquisition & Mobility.