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Developing A Talent Pool for Your Company

When recruiting new employees, the hiring team will consider many candidates with different skills and areas of expertise. To make the most of this opportunity and attract the best talent for the company, it is important to create a talent pool. A talent pool is a database that includes candidates who have the potential to meet the company’s needs. This tool allows companies to easily connect with candidates who meet their criteria and qualifications.

Creating a talent pool can have various benefits, including boosting employee enthusiasm and motivation to showcase their skills. Additionally, the hiring process can be expedited as the pool typically includes former employees, freelancers, or previously qualified candidates who are already familiar with your company’s background. This can significantly reduce the time needed for onboarding.

If you’re looking to create a standout talent pool for your company, these tips can be incredibly useful.

Establish The Objective for Your Company

To begin with, it is essential to establish the objectives that your organization aims to accomplish during the hiring process. For instance, identifying candidates possessing skill sets Y and Z to fill position X. This will help you filter suitable candidates and build a credible talent pool. It is also possible to evaluate candidates by considering their soft skills.

Distributing Talent Among Divisions

If you have any questions about the skill sets possessed by employees in other divisions, don’t hesitate to ask. This will help you identify any gaps that may need to be filled when hiring. Knowing the areas in which you lack expertise will assist you in determining the type of candidate you require.

Arrange Both Internal and External Training

Employee skills and performance can be improved through internal training. This can be achieved through mentorship, peer review, or management coaching. For external candidates, assignments can be assigned to aid in the onboarding process.

Monitor Your Talent Pool

To ensure the efficient operation of your talent pool, it’s important to monitor it regularly. If you’re an external party, communication and updates from the hiring team regarding their hiring status can bring a sense of calm.

Provide Feedback

Both parties should provide feedback to evaluate any errors that may have occurred and motivate the hiring team and potential candidates. Feedback is crucial for the success of recruiting activities. Don’t hesitate to ask for or offer feedback!

Update the Technology You Use with Shortlyst

The use of technology in hiring is nothing new. Almost all stages involve technology to simplify and speed up the process. Shortlyst and its AI-based technology are the right choices for developing a talent pool. With over 650 million candidate profiles, Shortlyst can easily enhance your Talent Pool. You can find candidates based on your specific needs by using the boolean logic feature, eliminating the need to go through profiles individually. Our proprietary redundancy filters help you declutter and remove duplicate results from your search. You can exclude candidates with pending invitations or previous interactions with you or your team members. 

If you’re looking to build an excellent talent pool, give Shortlyst a try!

Written by

Shortlyst Team

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