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Talent Acquisition vs. Recruitment: The Differences and HR’s Key Role

AIHR

Employees refer candidates from their personal and professional networks that they know and believe to have a high organizational fit. Talent acquisition anticipates the future workforce needs of a company, while recruitment fulfills instant staffing needs. Making initial phone calls to candidates to evaluate applicants further.

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Headcount Planning: An HR Practitioner’s Guide

AIHR

Headcount planning refers to creating plans to ensure that your organization has the right number of people with the right skills to meet organizational needs in short- and long-term. Management and the HR team must track and adjust the headcount plan using real-time data to identify immediate and long-term staffing needs.

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HR’s Guide to Analyzing and Lowering Attrition Rate

AIHR

It is also referred to as termination , planned or voluntary resignation, structural changes, and layoffs. Employee turnover refers to the rate at which new hires replace employees who leave their companies. Compensation Compensation plays a factor in whether an employee remains or chooses to leave for a higher-paying job.

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The Compehensive Dictionary of HR Terms To Know [In 2024]

AIHR

It’s a handy reference to refer to the next time you encounter an unfamiliar term. HR terms list Compensation & Benefits terms 1. HR term example: “Broadbanding offers flexibility in employee compensation and encourages people to develop new skills to move higher within the pay range.” ” 2.

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Fluid Organization Design: Putting the “Fun in Fungible”

AlignOrg

Let’s discuss this flexible concept of hiring and staffing, often referred to as fungible talent. The term “fungible” typically refers to something that is interchangeable with something else of equal value – think trading the dollar in your pocket for 10 dimes. What is Fungible Talent? Ready to Learn More?

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Sourcing vs. Recruiting: The Key Differences and Processes Explained

AIHR

Let’s further unpack what sourcers do during this time in the hiring process: Key responsibilities of a sourcer Work with the hiring managers and recruiters to provide the company’s staffing requirements and align their activities in the talent acquisition process. Then, recruiters refine the selection process.

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Chief Talent Officer: Everything To Know About This Role

AIHR

Liaising with the management team, the chief talent officer sets the strategic vision and priorities for the company’s staffing operations. The chief talent officer creates processes to optimize hiring, build relationships for candidate pipelining and succession planning, and manage short and long-term staffing requirements.