Chapter 4Talent Planning and Acquisition
A 2023 article online at Forbes Advisor noted that 86% of individuals look at company reviews and ratings before applying for a job, and more than 50% will not apply to a company with a bad reputation.1 With turnover being high across all industries and the more modern psychological contract, the ability to attract, develop, and retain top talent has become a strategic imperative for companies across industries. This is accomplished through their HR teams.
Talent Planning and Acquisition, often referred to as talent management or workforce planning, encompasses a range of strategies and practices aimed at aligning an organization's talent needs with its strategic objectives. It involves identifying, ...
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