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Talent Attraction and Acquisition
Learning outcomes
• Discussimportance of talent recruitment
• Identify sources of talent
• Describe attractingtalent from within and outsideorganisations
• Explain the talent acquisitionprocess
War for talent
• In this knowledge-basedeconomy, asignificant crisis hasemerged in termsof attractingthe right
people, at the right time, in the right place and at the right cost
• Declining birthrates and ageing populationmeansthatskilled talent is becoming scarce
• Recruitment is filling vacancies while talent managementis a long-termandon-goingactivity to
find leaders, specialists andfuture executives
Importance of talent attraction – recruitment
• Winningthe war for talent is all aboutattracting andselecting the right talent for the
organisationin this“employee’sera”
• Talent attraction is the engine of winning the war for talent
• Organisationsthatare able toattract a large pool of talent have a two-foldstrategic advantage
over their rivals
• Ability to be more selective in their hiring which increases the effectiveness of their overall
staffing systems
• Ability to enjoy a higher return oninvestmentby acquisition anddeploymentof humantalent
• Talent recruitment could take place in two forms
• Attracting talent from outsideof the organisation
• Attracting talent from within the organisation
Attracting talent from outside of the organisation
• When attractingtalent from outside of the organisationthe following aspects need tobe well
takencare of
1. Communication
2. Creating an organisationalimage (Employer/organisationbranding)
3. Employerof choice – topfive workplace needs of the new generation
• Work-life balance, workplace culture, variedjob profile, managementstyle, training
Attracting talent from within of the organisation
• Insteadof attracting talent from outside, talent can alsobe attractedfrom within the
organisation – serves as a strategy for retaining existing talent
• Organisationcouldcapitalise onthe cost that it hasinvested onrecruiting, selection andtraining
existing staff
• Promotionsandtransferscan be introducedas successionand career planningstrategies for
existing staff members
Attracting talent from within of the organisation
• Promotionsareoften viewed as rewards for employees’ pastperformance and they give hopeto
other employeesto perform better
• Internaltransfers are notas motivatingas promotionsforemployees
• However, they have benefits for workersand organisations
• Fromorganisation’sperspectivean internal transfer will save the cost of inductiontraining,
learning curves or makingemployeesfamiliar with organisationalenvironments
• The level of performance of the transferee is knowntothe managementand they could organise
work accordingly which is notthe case with total outsiders
• Froman employee’sperspective: projected as ‘broadeninganemployees’ scope of work’, ‘multi-
skilling’ or ‘career-pathing’ whichwould be well received by transferees
• For internal transfers tobe successful in large scale organisations, the‘silo-mentality’ needstobe
broken
Limitations in attracting talent from within of the organisation
• There couldbe instances where bringingtalent from outsideis required
• For ‘rare category’ jobs or to find ‘industry experts’ whomay notbe available within
organisations
• May lead to ‘employeecloning’ or ‘inbreeding’ which could be dangerous –
• e.g. badpractices may continue
• Also, attractingtalent from outside of organisationsmay help organisationsto makeuse of
competitors’ strategieswhich is commontoday
Methods of locating qualified job candidates from within the
organisation
• Electronic record systems
o Humanresource informationsystemswould often allow the managementto screen the
entire workforce within minutesto identify potentialcandidates available for openings
o These systemswouldcontain upto date informationon employeessuch as career paths
suitable for them, their qualificationsand employeedevelopmentprogrammesthey have
undergone
• Intranet
o Internaljob openingscould be postedon the intranet of the organisation
o However, the success dependsonto what extend internal employeesare familiar with
the intranet, how my usethe intranet and the visibility of the advertisement
o In addition, internalvacancies could be postedin newsletters, internal magazines, and
other publications
o The mostsuccessful methodis to advertise vacancies duringcareer
development/successionplanningworkshops, trainingsorprogrammes
Methods of locating qualified job candidates from outside the
organisation
• Advertisements
• Recruitment consultants/executivesearch firms
• Educationinstitutes
• Employee referrals
• Online methods/social networkingsites such as LinkedIn
• Outsourcethe talent attractionprocess
Talent acquisition
• Applications• Backgroundchecking• Testing • Selection interview • Medical • Decision
Talent acquisition - Applications
• Applicationsprovide a quick and systematicmethodfor organisationstogain a variety of
informationaboutapplicants
• Applicationscan havetwo negatives
• Froman applicant’sperspective, applications can lead to an initial rejection (organisationsnot
liking minorities suchas ethnic groups, female employees)
• Froman organisation’sperspective, thoughapplicationscanbe elaborated, the reality could be
muchdifferent
• For example, A study of 1277 Australianworkers aged 18-63 showedthat
• 39% of managerslied in their CVs
• 18% exaggerated or made uptheir level and range of experience
• 25% of employees(mostly Gen Y) submittedan applicationwith nointentionof taking up the role
butto check the job markets, brushuptheir interview skills or negotiate a higher salary thantheir
current
Talent acquisition – Preliminary interviews
• Preliminary interviews are often conductedto gather informationabout applicants
• These are generally conductedwith referees providedin the application/CV
• It is very importanttoconductthis auditbecause
• Applicants often providefalse informationof their qualifications, experience or other
achievements
• Pastperformance can be an indicator of one’sfuture performance andones whoworked with
applicantswould knowtheir pastperformance
Talent acquisition – background checking
• Backgroundcheckscan often be conductedby reviewing a candidate’ssocial profiles such as
Linked in or Facebook
• However, it shouldbe done withoutviolatingthe privacy of applicantsand throughreliable
sourcesunlike Facebook
Talent acquisition – testing
• Employmenttestscan be groupor individual
• Typesof testscan be
• Commercially available tests
• Jobknowledge tests
• Jobsample tests
• A pitfall in employmenttestingis cultural biasness
Talent acquisition – selectioninterview
• Different typesof interviews could be usedbased onthe requirement of the job
• Non-directiveinterviews
• Directive interviews
• Behaviouralinterviews
Talent acquisition – reaching a decision
• Can dofactors (knowledge, skills andattitude) x Will do factors (motivation, interests, personality
characteristics) = JOB PERFORMANCE
• Decision strategy
• How close in the job fit, organisationfit?
• Shouldindividualsbe hired according totheir highestpotential/needsof the organisation?
• At what grade/salary level shouldtheemployee start?
• Shouldoverqualified employeesbe hired?
References
• Dutta, D. (2014). Tweet Your Tune — social media, the New Pied Piper in Talent Acquisition.
Vikalpa, 39(3), 93–104.
https://doi.org/10.1177/0256090920140307
• Nankervis, A., Baird, M., Coffey, J., & Shields, J. (2014). HumanResource Management:Strategy
andPractice. Cengage Learning.

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Lesson 2 - Talent Attraction and Acquisition.docx

  • 1. Talent Attraction and Acquisition Learning outcomes • Discussimportance of talent recruitment • Identify sources of talent • Describe attractingtalent from within and outsideorganisations • Explain the talent acquisitionprocess War for talent • In this knowledge-basedeconomy, asignificant crisis hasemerged in termsof attractingthe right people, at the right time, in the right place and at the right cost • Declining birthrates and ageing populationmeansthatskilled talent is becoming scarce • Recruitment is filling vacancies while talent managementis a long-termandon-goingactivity to find leaders, specialists andfuture executives Importance of talent attraction – recruitment • Winningthe war for talent is all aboutattracting andselecting the right talent for the organisationin this“employee’sera” • Talent attraction is the engine of winning the war for talent • Organisationsthatare able toattract a large pool of talent have a two-foldstrategic advantage over their rivals • Ability to be more selective in their hiring which increases the effectiveness of their overall staffing systems • Ability to enjoy a higher return oninvestmentby acquisition anddeploymentof humantalent • Talent recruitment could take place in two forms • Attracting talent from outsideof the organisation • Attracting talent from within the organisation Attracting talent from outside of the organisation • When attractingtalent from outside of the organisationthe following aspects need tobe well takencare of 1. Communication 2. Creating an organisationalimage (Employer/organisationbranding) 3. Employerof choice – topfive workplace needs of the new generation • Work-life balance, workplace culture, variedjob profile, managementstyle, training Attracting talent from within of the organisation • Insteadof attracting talent from outside, talent can alsobe attractedfrom within the organisation – serves as a strategy for retaining existing talent • Organisationcouldcapitalise onthe cost that it hasinvested onrecruiting, selection andtraining existing staff
  • 2. • Promotionsandtransferscan be introducedas successionand career planningstrategies for existing staff members Attracting talent from within of the organisation • Promotionsareoften viewed as rewards for employees’ pastperformance and they give hopeto other employeesto perform better • Internaltransfers are notas motivatingas promotionsforemployees • However, they have benefits for workersand organisations • Fromorganisation’sperspectivean internal transfer will save the cost of inductiontraining, learning curves or makingemployeesfamiliar with organisationalenvironments • The level of performance of the transferee is knowntothe managementand they could organise work accordingly which is notthe case with total outsiders • Froman employee’sperspective: projected as ‘broadeninganemployees’ scope of work’, ‘multi- skilling’ or ‘career-pathing’ whichwould be well received by transferees • For internal transfers tobe successful in large scale organisations, the‘silo-mentality’ needstobe broken Limitations in attracting talent from within of the organisation • There couldbe instances where bringingtalent from outsideis required • For ‘rare category’ jobs or to find ‘industry experts’ whomay notbe available within organisations • May lead to ‘employeecloning’ or ‘inbreeding’ which could be dangerous – • e.g. badpractices may continue • Also, attractingtalent from outside of organisationsmay help organisationsto makeuse of competitors’ strategieswhich is commontoday Methods of locating qualified job candidates from within the organisation • Electronic record systems o Humanresource informationsystemswould often allow the managementto screen the entire workforce within minutesto identify potentialcandidates available for openings o These systemswouldcontain upto date informationon employeessuch as career paths suitable for them, their qualificationsand employeedevelopmentprogrammesthey have undergone • Intranet o Internaljob openingscould be postedon the intranet of the organisation o However, the success dependsonto what extend internal employeesare familiar with the intranet, how my usethe intranet and the visibility of the advertisement o In addition, internalvacancies could be postedin newsletters, internal magazines, and other publications o The mostsuccessful methodis to advertise vacancies duringcareer development/successionplanningworkshops, trainingsorprogrammes
  • 3. Methods of locating qualified job candidates from outside the organisation • Advertisements • Recruitment consultants/executivesearch firms • Educationinstitutes • Employee referrals • Online methods/social networkingsites such as LinkedIn • Outsourcethe talent attractionprocess Talent acquisition • Applications• Backgroundchecking• Testing • Selection interview • Medical • Decision Talent acquisition - Applications • Applicationsprovide a quick and systematicmethodfor organisationstogain a variety of informationaboutapplicants • Applicationscan havetwo negatives • Froman applicant’sperspective, applications can lead to an initial rejection (organisationsnot liking minorities suchas ethnic groups, female employees) • Froman organisation’sperspective, thoughapplicationscanbe elaborated, the reality could be muchdifferent • For example, A study of 1277 Australianworkers aged 18-63 showedthat • 39% of managerslied in their CVs • 18% exaggerated or made uptheir level and range of experience • 25% of employees(mostly Gen Y) submittedan applicationwith nointentionof taking up the role butto check the job markets, brushuptheir interview skills or negotiate a higher salary thantheir current Talent acquisition – Preliminary interviews • Preliminary interviews are often conductedto gather informationabout applicants • These are generally conductedwith referees providedin the application/CV • It is very importanttoconductthis auditbecause • Applicants often providefalse informationof their qualifications, experience or other achievements • Pastperformance can be an indicator of one’sfuture performance andones whoworked with applicantswould knowtheir pastperformance Talent acquisition – background checking • Backgroundcheckscan often be conductedby reviewing a candidate’ssocial profiles such as Linked in or Facebook • However, it shouldbe done withoutviolatingthe privacy of applicantsand throughreliable sourcesunlike Facebook Talent acquisition – testing • Employmenttestscan be groupor individual
  • 4. • Typesof testscan be • Commercially available tests • Jobknowledge tests • Jobsample tests • A pitfall in employmenttestingis cultural biasness Talent acquisition – selectioninterview • Different typesof interviews could be usedbased onthe requirement of the job • Non-directiveinterviews • Directive interviews • Behaviouralinterviews Talent acquisition – reaching a decision • Can dofactors (knowledge, skills andattitude) x Will do factors (motivation, interests, personality characteristics) = JOB PERFORMANCE • Decision strategy • How close in the job fit, organisationfit? • Shouldindividualsbe hired according totheir highestpotential/needsof the organisation? • At what grade/salary level shouldtheemployee start? • Shouldoverqualified employeesbe hired? References • Dutta, D. (2014). Tweet Your Tune — social media, the New Pied Piper in Talent Acquisition. Vikalpa, 39(3), 93–104. https://doi.org/10.1177/0256090920140307 • Nankervis, A., Baird, M., Coffey, J., & Shields, J. (2014). HumanResource Management:Strategy andPractice. Cengage Learning.