Talent Acquisition vs. Talent Management: What’s the Difference?

What Is Talent Acquisition?

  • Writing job descriptions and posting open positions
  • Sourcing and reaching out to candidates
  • Reviewing applications and resumes and vetting applicants
  • Screening and interviewing candidates
  • Hiring and onboarding new employees
  • Creating and refining recruitment, hiring, and onboarding processes
  • Representing the employer’s brand to candidates and creating a positive brand image
  • Discovering new candidate sources and fostering reliable talent pipelines
  • Building relationships with past applicants and qualified candidates who were not hired
  • Aligning talent acquisition goals to business objectives
  • Quickly post open jobs to multiple job boards
  • Create multilingual applications, expanding talent pools
  • Mobile applications and text messaging tools like Text-to-Apply
  • Integrates with LinkedIn Recruiter System Connect and LinkedIn Apply Connect
  • Automated interview scheduling
  • Paperless onboarding for new hires

What Is Talent Management?

  • Highly engaged employees are five times less likely to quit.
  • Retention rates are up to 34% higher when employees can access professional development opportunities.
  • 37% of employees said recognition for their work is the best thing their employer could do for their success.
  • Employee engagement survey tools allow HR to quickly create surveys from a variety of templates, send them to employees, and collect and analyze the results.
  • Recognition and celebration tools help the company acknowledge and celebrate every employee’s big wins and milestones.
  • Goal planning tools help employees set SMART goals and allow managers to leave instant feedback, as well as promote transparency and accountability company-wide.

Why You Need Strategies For Both

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Meredith Wholley

Meredith Wholley

27 Followers

As a Digital Marketing and Events Manager for ClearCompany, Meredith coordinates best-practice content and brand-awareness events with HR practitioners.