In this agile and ever-changing world, candidates apply for multiple roles at the same time and have almost no time for a slow and obsolete recruitment process. And, why should they? In a time where technology makes our lives easier, for what reason would not candidates expect the same for their recruitment process? The reality of the situation is if you are on the back foot and hiring reactively, you are likely losing out on the best talent.
Being a part of a hiring community means that you will connect with the right individuals for your organization before you even acknowledge you require them. Talent Pool functionality is important for hiring quality, diverse talent faster. You can Talent Pool suitable talent and engage with them even if a role is not right now available. So, when a role comes up, you have got talent to engage with immediately.
Let's get some insights into the benefits of Talent Pooling.
- Better Candidate Experience with Minimized Applicant Rejection: Talent Pooling means an improved candidate experience since it removes the need for rejection. Putting candidates, who fit a specific role type that may end up vacant later on, into a Talent Pool, rather than rejecting them on a specific job ad, is an empowering experience for candidates. Not only does a positive candidate experience build authentic, long-lasting relationships amongst employer and employee, it also does wonders for your organization’s reputation.
- Increases Diversity and Increases Inclusion: Talent Pooling by means of Talent Community Platforms encourages diversity across the workforce with the proven ability to attract anyone regardless of sexual orientation, race, and other diversity groups. Since Talent Pooling disturbs the traditional strategy for applying for a particular role with particular criteria, it encourages a larger proportion of diverse candidates to apply, eliminating their fear of not matching all the job requirements.
- Reduced Hiring Time and Cost: Talent Pooling candidates will enable you to lessen the number of candidates rejected as well as decrease the time to hire with fewer candidates to review and engage with. Also, proactive hiring decreases the cost of hire by giving you direct access to a Talent Community and Talent Pool of willing and interested candidates, rather than waiting for candidates to respond to a job application.
- Access to Live Talent Pools of Candidates: It is imperative to emphasize the significance of 'LIVE' Talent Pools. Since they are 'live', candidates' profiles are up-to-date with skills abilities, availability, and experience. It enhances the productivity as well as decreases the requirement for manual admin, allowing you to focus on different parts of your business.
So, what are you waiting for? Interested in learning more about how Talent Pooling can enhance hiring in your organization? Get in touch with us to know how jiTalent, an automated talent management system can help you in your organization and transforming your recruitment process.