Creating A Talent Pool of Candidates
7 ways to help create a talent pool of candidates
Creating an extensive and strong talent pool is just as important as hiring. A talent pool is a database of candidates who are interested in working for your company and is made up of individuals who have previously applied for a job , whom you have sourced, and those that have been referred.
Benefits of creating a talent pool
By having a talent pool, it:
- Reduces cost – A ready to go pool of talent greatly decreases the cost of recruitment within an organisation as advertising expenditure is significantly reduced.
- Reduces time – The time it takes to hire an individual decreases as sourcing candidates can be very time consuming during the recruitment process. Searching through CVs can take a lot of time and effort and doesn’t always deliver on the expertise required for the position. If you already have a pool of pre-qualified CVs this can reduce the time it takes to hire the right candidate for the role.
In 2021, we at CBR have access to a talent pool of candidates that are as passionate about our industry as we are. Are you looking for tips on creating a talent pool? If so, here are 7 pointers to get you started:
- Create – Ensure you have a process that continuously assesses talent needs, so when a position opens up you already have options available to you.
- Communicate – Consistent communication is key, so futureproof your talent pool by keeping them informed via whichever communication methods work for your organisation. Ensure your company brand is kept at the forefront of candidates’ minds.
- Engage – With existing employees to make sure you are aware of the talent pool already within your organisation. Creating opportunities and career paths for existing employees can result in a successful job placement.
- Use trusted referrals – Referred candidates from current employees can be highly successful.
- Re-assess – Previous candidates that got to final rounds of interviews could still be an option for other roles. Make sure a record is kept of top candidates as you have already been through the process of assessment.
- Build a community – An easy way to make everyone aware of opportunities within your organisation is to build out an external and internal web space. This means job vacancies can be easily shared with prospective candidates.
- Market – Market to candidates in multiple ways, which will attract and nurture top talent and increase brand awareness. Company blogs and attending online and physical events can help to grow your talent pool. Social media is also a powerful and cost-effective way to nurture talent pools.
To ensure the best talent pool, filled with qualified individuals takes focused time and effort. The benefits far outweigh the initial efforts, as it will result in lower recruitment costs, faster hiring and can lead you to the best cyber talent in the industry.
It really is a case of the more effort you put in the more you get out. By taking the time to ensure the quality of each candidate that goes into your pool, the more you will see the positive results in the speed and quality of your hires.
If you’re looking for expert support on recruitment, get in touch and find out how CBR can help.
Speak to our team today about how we can work together on furthering your career.
Call 01223 843903 or email email@example.com.