Talent acquisition and recruitment may seem like the same thing to a layman. But to human resources professionals, the gulf between these two approaches is as wide as an ocean. Each method contains unique nuances that make them ideal for specific scenarios. You need to understand which process best suits your needs before you commit wholeheartedly to either one.
Your employees are among the most important investments you’ll make in your company. A bad hire can offer low returns on investments in their salary and training costs. It’s difficult to understand how a person will fit into an organizational structure based on a resume and a few interviews alone. Human resources departments also have to balance immediate needs against their long-term growth. Sure, an employee may offer much needed assistance today, but can he or she adapt to the new role and responsibilities as your organization expands?
This article will help you learn the difference between these strategies so you can optimize your hiring efforts. No matter what your specific needs are, you’ll benefit from this knowledge.
RECRUITMENT FOCUSES MORE ON CURRENT NEEDS
Recruitment is structured a lot like a story. It has a beginning, middle, and end, but if it takes place in the wrong circumstances, that conclusion might not be a happy one.
Unfortunately, recruiting sometimes makes it difficult to avoid negative situations. Recruiters may find themselves pressed for time and money, since they generally seek out prospects only when the company needs them. As a result, an organization’s long-term growth takes a backseat to its immediate needs. This is often a necessary approach, so long as the hiring department recognizes its limitations.
The recruitment process spans several stages, from gathering a pool of prospects to hiring the most desirable option through to training and onboarding processes.When each stage is complete, the recruiter’s interaction with the new employee ceases. Recruiting is often essential for short-term requirements and specific positions.
RECRUITMENT IS JUST ONE PART OF TALENT ACQUISITION
Part of the confusion surrounding recruitment and talent acquisition is that the two processes are rather distinct, yet somewhat related. Talent acquisition specialists often find, interview, and hire candidates with methods that seem similar to those used by recruiters, but these professionals are often responsible for more than simply interviewing and onboarding.As a result, talent acquisition tends to be a more involved, drawn-out process.
TALENT ACQUISITION REQUIRES GREATER FORESIGHT AND PLANNING
Recruiters draw skilled workers to a company through sourcing techniques, and talent acquisition specialists often draw upon similar methods. They must also consider candidates’ prospects for improvement and advancement within the organization, as well as the resources they will require to meet this potential. This can involve evaluating a range of skillsets, since each department within an organization will call for different abilities and specialties, especially as an employee gets promoted through the ranks.
Acquisition as a concept also takes a different view of employees. Workers are seen as part of a company’s brand, which can be leveraged to attract further talent. It stands to reason, after all, that a desirable professional would jump at the chance to work with other intelligent people in an organization that offers the possibility for advancement.
TALENT ACQUISITION SPECIALISTS MAY WORK WITH AN EMPLOYEE AFTER THEY’VE BEEN HIRED
While recruiters generally exit a process after they’ve onboarded candidates, talent acquisition specialists tend to maintain semi-regular contact with employees. This is essential to the branding component of acquisition, but it also allows them to learn about employees’ desires and to create a dialogue around them. If the company meets these needs, acquisition specialists can then use this success to promote the company in the recruiting stage.
Jesse’s role with AugmentHR is to seek out organizations that can truly benefit from our unique approach to solving HR and talent acquisition problems. After 17 years in the recruitment industry, Jesse is driven to educate on more efficient and cost effective ways to approach hiring. Jesse has worked in every facet of talent acquisition: staffing, corporate, consulting, and as an independent contractor. He has a keen interest in helping others and spends much of his time volunteering with non-profit organizations, like CivicAction, 360Kids and Treble Victor Group. Always on the move, Jesse fills the rest of his free time competing in a variety of sports. Jesse is a former 5 time Karate Ontario champion, military biathlon champion, and an Ironman triathlete.