Question

In: Operations Management

Hi, could you ist one example of a talent pool where you can possibly advertise your...

Hi, could you ist one example of a talent pool where you can possibly advertise your job vacancy to and give an explanation.

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Expert Solution

All firms and businesses wish to hire the best talent and exceptional candidates, an achievement that can bring fortunes to the company coffers and make the business entity more sustainable and profitable. However, in real-world scenarios, vacancies may be needed to be filled on an urgent basis, and not many of the talented would be applying for the job at the time it is published and advertised. Talent pools are the concrete contingencies plans and include a list of candidates (with relevant expertise and skills) to fill the vacancies when required. Talent pool can be made using data obtained from previous applicants, existing CV databases (or the job search websites and other similar sources of information), industry media (may have the names of people involved in similar projects), networking and online social media and networking, among other ways and sources.


Social media as a talent pool and for advertising jobs

There are multiple social networking websites existing today, including LinkedIn, Facebook and others that help employers, employees and prospective candidates connect. Some social websites are more committed to businesses and network professionals, like LinkedIn.


A job can be posted on talent pools like LinkedIn, while the platform can also be used by employers to build connections with relevant professionals. Out of 12 million working professionals in Australia, 10 million have LinkedIn accounts and profiles. Businesses not only connect with candidates and talents but also with clients on the social networking website. Some of the benefits of LinkedIn and other social media for recruitment include:

a. Reaching out to the passive candidates.
b. Building a positive reputation of the brand to attract the best talent.
c. Supplementing the talent referral programs.
d. Learning more about candidates (beyond professional qualifications and experience) as social media also reflects on other aspects of a person’s personality.
e. Low recruitment costs.
f. Measurement of results using pre-built analytic frameworks available on social media platforms.


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