Recruitment and talent acquisition—these two terms have been misunderstood for a very long time by business owners who often use them interchangeably. These two hiring strategies, however, are very different. And knowing the difference between them is a must to help you employ the best hiring method for your company.
Keen to learn more about the difference between talent acquisition and recruitment? Read on as we cover everything you need to know about talent acquisition specialist vs recruiter —what they mean, how they’re used, and which you should use.
With that being said, let’s get down to business!
Recruitment is the process of looking for, evaluating, and employing qualified candidates to fill open positions in a certain organization or firm. Recruitment is a clear and predefined process used by different businesses due to staff turnover.
Finding someone who can meet the firm’s current demands is the main goal. There’s no explicit plan to find the most brilliant candidates. As long as the candidate fits the job description and can do the required job, they’re immediately hired!
The exact rhythms and cycles of recruiting in different companies are influenced by a variety of factors such as company culture and the industry itself. And it usually increases when there’s too much load on the employees, lack of culture fit, lack of recognition, lack of flexibility, poor relationship with the manager, and poor learning and development opportunities.
The recruitment process thus involves actively seeking the person who is most qualified for a certain job. It’s frequently used in specialized niche industries like translation, technology, legal, and medical services.
- In a nutshell: the goal of recruitment is to fill available positions immediately.
Talent Acquisition (TA) Definition
The concept of talent acquisition is significantly more complex than simple recruitment. Although recruitment is a component of talent acquisition, it does not cover all of the actions undertaken to meet continuous employment demands.
Talent acquisition is the flexible process of looking for and hiring the best of the best. This strategy is employed to help the business expand faster in the market. Hiring the best gives the firm more knowledge, productivity, motivation, and tons of other benefits!
See Also: Talent Development: 3 tips for right strategy
There are many similarities between effective recruiting and talent acquisition strategies. However, they’re not the same. Here’s what you need to do if you’re employing a talent acquisition strategy:
- Know the market’s trends, gaps, and statistics, while taking competition into consolidation.
- Ask employees to recommend previous coworkers and friends
- Be as flexible and agile as possible
A strong talent acquisition approach also enables you to avoid common problems that face almost any business, this is because talent acquisition involves planning for potential employment opportunities, increasing the chance to expand and reach significant KPIs.
- In a nutshell: the goal of talent acquisition is to have the ideal candidates to fill open positions. Those candidates may fill the open positions immediately or in the short term.
Talent Acquisition Specialist vs Recruiter: Which Is A Better Hiring Process?
Now that you know the meaning and use of both recruitment and talent acquisition strategies, you may be wondering which method you should employ as a business owner.
First, recruitment is an almost hassle-free hiring strategy—all you need to do is to have a job description, meet the candidates, and pick the one who fits this description. There isn’t much you need to do to fill the open position and keep the company operating.
Recruitment is surely a safer strategy and usually gives immediate results. But this strategy is not the most successful one in the long run—that comes with the territory. Recruitment doesn’t help your company improve in the long term as talent acquisition does. This method can only offer you an employee who can do the required job at the moment, and this employee may not be talented or bring innovative solutions to the table, which is not going to be helpful if you seek to expand your business in the future.
The majority of recruiters fail to find the best candidates to fill their open positions, according to research, yet there are few instances where a traditional recruitment strategy may be effective.
On the other hand, talent acquisition is connected to the business’s entire growth strategy and is employed as a long-term human resources strategy. A talent acquisition strategy is beneficial for any business wanting to expand in the future with the help of fresh and creative ideas from talented employees. It’s also an excellent strategy if your business operates in a niche market that needs more innovative employees like Virtual Reality, Artificial Intelligence (AI), cybersecurity, cloud infrastructure, and software development.
See Also: How to Hire a Software Developer? Hire Talent
Many business owners are unaware of the reasons behind staff turnover, thinking that salary is the only incentive behind this. A talent acquisition strategy can help you decrease the chance of your employees quitting their jobs, this is because this strategy helps you identify and anticipate the reasons they might leave your firm, which enables you to provide them with a working environment where they can thrive in the long term.
Given the incredible benefits talent acquisition strategy offers, the amount of time and effort it takes to find brilliant candidates to work for your company will all be worth it!
Related topics: Hiring Management
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Olaniyi Musediq is a Top-Rated content writer and editor with over 5,000 published content. He’s a certified Human Resources Manager by the HR Certification Institute; and a certified Customer Relationship Manager by the Institute of Customer Service. He’s passionate about making an impact, which he does through his blog writings and social media posts, especially on LinkedIn. Olaniyi is an avid reader who also enjoys researching and learning new things.