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What is Talent acquisition?

Talent acquisition: Finding and hiring skilled people.

Where Talent acquisition fits

Talent acquisition is part of Talent & Culture in People & HR. People are the business. Recruit with a clear job description, onboard well, review performance fairly and build a culture that keeps good people.

Practical tip

Hire for skill and fit, develop people and learn from exit interviews.

Related terms

Onboarding
Helping new hires learn the job and fit into the team.
Employee turnover
Share of employees who leave a company in a period.
Performance review
A regular check of how well an employee meets goals.
Organizational culture
The shared values and habits that shape how a company works.
Delegation
Handing a task and its authority to someone else.
Stock options
The right to buy company shares at a fixed price, used as a perk.
Recruitment
Finding, attracting and hiring people for jobs.
Severance pay
Money paid to an employee who loses a job through no fault of their own.

Formulas you will use with it

Employee turnover rateRevenue per employeeCost per hireEmployee turnover rate

Test yourself

Which term means: “Finding and hiring skilled people.”?

Organizational culture · Stock options · Talent acquisition

Answer: Talent acquisition

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