Talent Acquisition is by far the biggest challenge that the modern talent manager faces. With technology increasing playing a critical role in talent acquisition processes, recruitment specialists are increasingly looking to leverage platforms like social networks, mobile recruitment apps, community job boards and even their own recruitment microsites!
Social Media Channels are today the primary spend area for most organizations in their recruitment budgets. Social media brings with it the advantages of mass talent outreach, as well as the capability to simultaneously manage multiple geographies.
Research by Talent Management Institute into the changing faces of e-recruitment has unraveled the increasing importance that organizations, especially multinationals, are placing into the social recruitment phenomenon.
Another big phenomenon making waves in the entire talent acquisition function is the emergence of analytics to identify potential hires and performers with a high degree of precision. This also helps greatly in other human resources management functions, which include team development, leadership development and succession planning.
The most interesting feature of this fascinating and informative infographic by Talent Management Institute, the world’s leading Talent Management Certifications Authority was, however, the top three areas of recruitment budget spend by leading employers in the world. Organizations typically spend the maximum on Job Boards followed by Social Media and outside recruiters in second and third places, respectively.
