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Updated by Basset Michael on Oct 06, 2021
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5 Ways to Build & Manage Your Talent Pool Successfully

Finding the right talent and filling a vacant position of a company is not easy for recruiters, especially when every company is in quest of the best talent. And in such a situation, recruiters can't take the risk of losing top talents just because they failed to cut it this time for a particular job position. This is where the concept of building and managing a talent pool comes.

It refers to a database of candidates' profiles interested in working for your organization. Having a strong talent pool reduces the cost of recruitment and time to hire and improves the quality of hire.

When you have a pool of candidates, you can easily invite them for pre-employment screening tests and make data-driven hiring decisions.

But how to build and maintain a talent pool? Here is a guide for you -

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1. Incorporate Your Sourced Candidates

This is the simplest way to pour candidates into your talent pool. When sourcing, if you come across any exciting profile, add them to your talent pool even if they don't fit your current job profile. And to keep them interested, engage with them regularly by updating them on industry news or invite them to various events you are organizing.

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3. Engage Students & Graduates-to-be

Although students generally don't look for full-time jobs, they often search for part-time opportunities for money or exploring the job market. And the graduates-to-be look for fantastic opportunities once they complete their higher education. So, engaging with young talent is a great way to increase your talent pool. Think about summer internship programs, graduate programs, part-time contracts, chat with the CEO, etc., and use social media to post about this.

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4. Add Internal Talent

This is something that you should not ignore. You are well-aware of the skills of your current workforce and know that they are a culture fit. So, they should be the first ones to come to your mind when hiring senior employees. Promoting talented people from your existing workforce or encouraging them to take new responsibilities helps you cut unnecessary hassles. Incorporating these people into your talent pool means that they will always be on your mind when it comes to filling senior positions.

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Final Thoughts

Finding the right people is not easy. So, when you find them, instead of letting them go, add to your talent pool and maintain a good relationship with them.

And for skill assessment and shortlisting the right talent, look nowhere than Skillsz - the best online skills testing platform. It helps you customize skill tests as per your hiring needs and shortlist candidates based on the test report. So, sign up and start a 14-day FREE TRIAL today!

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Talent Acquisition Tips

Talent Acquisition Tips
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2. Re-Engage Unsuccessful Candidates

Re-engaging with candidates who applied before but failed to crack the interview is another great way to fill your talent pool. By focusing on a few basic 'polite recruitment behaviors,' you can achieve this aim. It includes keeping candidates updated about the process, answering their questions correctly, giving them feedback about how they did, and being honest about what they can expect from the job and the company.