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Talent Acquisition – Importance and meaning

Updated on: 4th Jun 2024

2 mins read

KRA

“Talent Acquisition is more focused on the strategic side of tougher positions to fill.” – Founder and President, LocalWork.com



What is talent acquisition?

Talent acquisition is a process of acquiring and finding skilled resources for realising the organisation’s needs or the labor requirements. It is based on long-term HR and people planning & finding candidates with nice skills particular to a business. TA is strategic in nature developing a talent pipeline with a long term views and its metrics often include attrition or quality of hire


What is the difference between recruitment and talent acquisition?

Mentioned below are the main differences between recruitment and talent acquisition:

  • Recruitment is a subset of Talent Acquisition
  • Recruitment is linear, Talent Acquisition is an ongoing cycle
  • Recruitment is limited to CV, Talent Acquisition looks beyond
  • Recruitment finds employees, Talent Acquisition finds niche specialists
  • Recruitment fills immediate requirements, Talent Acquisition focuses long-term bonds

Know The Difference: Recruitment VS Talent Acquisition


Is talent acquisition and HR same?

No. HR is not just about talent acquisition. It is more than that. HR simply refers to the human resources of an organization or the professional/department (HR) that manages them. However, talent acquisition is an overall business and HR strategy that plays a crucial role in an organization’s long-term goals, acknowledging that people/ talent can help with a company’s future success.


What does a talent acquisition lead do?

A talent acquisition lead or manager, also known as a recruiter or sourcer is responsible for identifying prospective candidates pooling and sourcing eligible talent, evaluating, and finally hiring candidates to fill open positions within a company. Employer branding, future resource planning, diversifying a company’s labor force, and developing a robust candidate pipeline are the main motives of a talent lead for talent acquisition.

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