Global Talent Acquisition Day!

Happy Global Talent Acquisition Day!

Global Talent Acquisition Day?is celebrated every year on the first Wednesday in September. This year, was on September 7, 2022.

With deep gratitude this Article is dedicated to all HR Professionals who have been involved in hiring.

As an HR whenever you are hiring for any business; you are not only acting as Ambassador of the organization but also advocating skills you believed any prospective candidate carries would help organization to grow.

Sounds simple? Actually it isn't! You see, a Recruiter not only knows where to find candidates from but also how to pitch candidates to business. In the last 2 decades, hiring industry has evolved and growth with all better goals!

Let us look at few facts :

The earliest forms of talent acquisition date back to 2000 B.C. Hiring as a process as always been adopted by Governments across globe; from large sized to mid-sized to start-up firms. Not to miss, even our Defence Forces. Infact they also adapt concept of Hire-Train-Deploy Model!

The global online recruitment market size was $28.68 billion in 2019 & is projected to reach $43.39 billion by 2027, at a CAGR of 7.1% during forecast period.

Recruitment And Staffing Market was valued at USD 487.32 Billion in 2020 and is projected to reach?USD 568.29 Billion by 2028, growing at a?CAGR of 1.95% from 2021 to 2028. The?online recruitment market?in APAC is expected to grow from US$?6,825.11?million in 2021 to US$?12,467.50?million by 2028; it is estimated to grow at a CAGR of 9.0% from 2021 to 2028.?

TA Professionals are in charge of Candidate Life Cycle Management. This includes creating and communicating company branding to potential applicants. Candidates should have a good awareness of your company’s culture, reputation, significant differentiators from competitors, and products and services through branding. From the initial application to the final job offer, the recruitment team manages the applicant’s life cycle. In this case, effective teamwork, clear communication, and alignment of goals with the hiring manager are critical. Recruiters are increasingly embracing marketing methods to boost candidate engagement and differentiate their employer brand on the job market. Whereas in the past, recruiters were sandwiched between marketing and HR, the talent acquisition sector is now witnessing the rapid merging of marketing and recruiting into a hybrid discipline known as the “Recruitment Marketing / Employer Branding”.?

Phewww!! And this doesn't stop here!! Those Interview Coordination, Hiring Drives, Conducting Job Fairs, Headhunting Target Companies, Campus Programs, Hackathons, Employer Branding Campaigns which directly result in hiring, Employee Referral Road Shows, Internal Career Ladder Plans, Vendors or Candidates Management, are never ending!

After 14+ years of hiring experience, even today every new Offer gives me same joy that gave me on my first offer of my career! Every new employment helps me understand the kind of value is being added to socio-economic growth; undoubtedly adding to Diversity!

On that note, Big Cheers to all the HR / Talent Acquisition Professionals globally. Know that each of you is a valuable resource wherever you are working! More Power to each of you!