Talent Planning and Acquisition Flashcards
What is workforce planning?
An ongoing process that ensures alignment between a company’s priorities and its workforce.
What is talent acquisition?
Talent acquisition is staffing. It helps execute the workforce plan and involves attracting the best talent.
What are the costs of talent acquisition?
Recruiting, training, and acclimation.
What is succession planning?
A process used to identify and develop high potential employees.
What is workforce analytics?
Provides insight into human behavior.
What are predictive analytics?
How, when, and where to recruit talent. reduces search time, and identify quality candidates early.
What is sourcing?
Finding candidates.
How can sourcing be done?
Employee referrals, social media, and professional associates.
What is employment branding?
Positioning your company as the employer of choice. (HR pros help a company define what they want to be known for.)
What is employee value proposition?
Reflects what employees want and aligns to organizational strategies.
What is recruiting?
The process of getting people to apply for job openings.
What are quantitative measures?
Recruitment cost per ratio, time to fill, and cost per hire.
What are applicant tracking systems?
Software based, track resumes, and track applicants.
What does the selection process look like?
- Screen
- Interview
- Assess
- Evaluate
- Select
- Job offer
What is screening?
Ensuring applicants meet the minimum requirements and collect references.