Ways In Which Global Executive Search Firms In India Are Developing Talent Communities

There is no denying the fact that qualified candidates are always short in supply. As per the research done by one of the companies offering leadership consulting services, about 76% of the executive search firms maintain that talent scarcity is what they face and is becoming a serious concern for a country like India where most of the youngsters believe in working on foreign land. This is the reason as much as 73% of the employers are ready to invest in the talent communities.

So, What Are Talent Communities?

As the name suggests, talent communities are nothing but a group of skilled candidates from which engaging and interesting talent can be hired quickly to fill the various job positions. These communities comprise of individuals who are looking for either permanent or temporary work. The Global Executive search firms in India have access to the nurtured and curated talent pool who have expressed their interest to work in different domains. The recruiters check whether a particular candidate has expressed an interest for their client organisation or has previously worked with the client in order to check the compatibility quotient and the possibility of working in future. It's a two-way sword because the recruiters can get the fastest access to the candidates and that too at a lower acquisition cost.

How Talent Communities Are Developed?

It's not that talent communities are new to the hiring arena; they have existed for years, however, with the increasing talent scarcity faced by the recruiters and employers, they have now gained the importance. The recruiters eye the talent communities to keep the highly skilled candidates who haven't been offered positions for future opportunities. The talent communities also give access to re-deployable talent, retirees and interns. Thus, each and every type of talent is available with the talent pool. The talent pools can be used to source the qualified freelancers. These communities help in reducing the overall talent acquisition costs.

Ways Of Developing Successful Talent Communities

Indeed, talent communities are effective in achieving a competitive recruiting advantage. Here is how the International Executive search firms in India set the talent communities:

Candidate Feedback

The executive search firms initiate regular follow-up with the candidates who are not selected for a job position due to any reason. When they ask about their interest as well as work arrangements in other positions, they can consider them for aligning with different opportunities available in future.

Attract Talent

The communities are segmented based on the work as well as a role type. The strategies are incorporated for attracting both the permanent as well as flexible talent.

Keep In Touch With The Candidates

The recruiters are in regular and consistent communication with the candidates who can be engaged in the talent communities. In order to nurture talent, the candidates are provided with interesting information about the company.