High staff turnover and the difficulty of retaining qualified talent is leading Human Resources departments to look for new technology-based solutions, such as talent pooling. talent pool.
What is a talent pool?
A talent pool is a database of high quality candidates that are pre-selected and evaluated for future selection processes. Candidates are identified as potential employees who can fill specific roles in the company.
This strategy allows organizations to have a pool of qualified candidates ready to connect when vacancies arise.
What are the benefits of having a talent pool?
- Improves the recruitment process.
It reduces time in the selection process and saves costs.
It also improves the candidate’s experience by reducing waiting times and giving a faster response on the resolution of the process. - Increases the quality of the candidates. The people who are part of the talent pool have skills and competencies that are of interest to the company.
This translates into a better fit for the position. - It allows companies to be more flexible and proactive in their recruitment strategy.
Having a pool of talent opens up the possibility of anticipating the needs of organizations and filling unexpected vacancies.
How does the use of AI and big data help in the talent pool?
The use of big data and AI in talent pool management enables deeper and more accurate candidate analysis. Through advanced data analysis techniques, companies can identify patterns and trends that facilitate the prediction of future talent needs.
In addition, it helps to identify passive candidates, those who are not actively seeking employment, but who may be ideal for future positions.
This is known as reverse recruiting.
However, we believe that the human factor must also be present in recruitment and selection processes with AI.
That’s why at KTI we work with you during the selection process to provide the support and strategic consulting you need. Did you know that one in four companies has a high turnover rate?
Between 20% and 40%, according to this Infojobs report.
In addition, this same study states that one in three organizations has problems retaining talent.
If you work in HR and rely on Artificial Intelligence for talent recruitment, ask for a demo of our tool.
You also have the option to talk to one of our experts and see how we can help you.
