How does Talent Management work?

Enterprises need to focus on Talent Management if they do not want to be left behind in the race to attract talented employees in the competitive labor market.

Talent Management is an important task of almost every business. So what does Talent Management need to do, how to deploy work to attract good human resources and keep them engaged and devoted for a long time? Following a series of useful information-sharing articles, today, Navigos Search will send you a standard and highly effective Talent Management workflow.

1. About Talent Management

Talent Management (talent management) is an activity to attract and retain high-quality personnel, develop professional skills for good personnel, and encourage and promote good personnel to improve work performance. jobs for businesses.

In fact, Talent Management has been one of the important tasks of human resource managers at enterprises. However, the level of focus on Talent Management activities is quite low, so the production process of enterprises is easily affected by the "brain drain" caused.

The current human resource recruitment market is fiercely competitive, requiring businesses to raise their interest in Talent Management and not let competitors apply talent management early, better and win all good employees.

What is Talent Management?

2. Importance of Talent Management

Talent Management plays a very important role, specifically as follows:

For Businesses

Human resources are the core factor that determines the success of the business and in that, each employee has a unique role. In fact, businesses that promote and encourage employees will have higher productivity and revenue than units operating in the same industry.

Companies with reasonable remuneration policies often have a reputation and are highly appreciated in the recruitment market and the staff working there are also more satisfied and enthusiastic. In particular, with middle and high-level personnel who have to take on great work pressure, the job of Talent Management is even more necessary.

Many leading human resource experts also pointed out that Talent Management has the ability to eliminate the risk of personnel "aging" and early retirement in the labor market in Vietnam now and in the future. It is for the above reasons that Talent Management has become the core human resource management strategy of many businesses and corporations.

For personnel

Directly contributing brainpower and generating revenue for the company, current employees not only expect a monthly salary but also want to develop themselves and advance. Therefore, with Talent Management activities, businesses will have many remuneration policies suitable to the professional capacity of each employee and create a professional working environment, regularly organize cohesive activities, ...

An effective Talent Management strategy needs to focus on the benefits of the business and employees. Therefore, helping the organization to grow stronger and stronger, success is the final destination of Talent Management people.

Talent Management role is very important

3. How does Talent Management work?

Identify the skills and professions your business needs

If you want to recruit right, quickly recruit the right talent, the person doing Talent Management needs to clearly define the candidate's profile to look for. It is about the graduation major, the number of years of experience, the field of work, the necessary professional skills and some other specific requirements such as gender, age, working time,... That way, candidates will self-assess their suitability before submitting their application and businesses will get a high-quality CV, making the screening time more convenient and faster.

Recruiting the most suitable personnel

Enterprises can actively post job vacancies on channels that attract prominent candidates such as social networks, online recruitment websites or through referrals from relatives and friends. However, there are quite a few candidates who are currently passive in the job search process, making it difficult for businesses to approach. So what is the best solution right now?

Navigos Search's headhunter service was born as a lifeline for businesses and corporations in finding talent.

Navigos Search's headhunter team are all highly experienced human resources experts with deep understanding of each field and industry. Our human resources experts have the ability to bring your business's recruitment news to each audience in the industry who are looking for a job and easily reach potential but passive candidates.

When your business has the best candidates in your industry, it means you have the advantage to grow stronger than your competitors. On the other hand, with data of 375,000+ senior candidates and 85,000+ senior management candidates available and optimal recruitment solutions, Navigos Search is confident to bring the best and most suitable candidates to your organization in a timely manner. certain.

Navigos Search - Vietnam's leading headhunter brand

Over 20 years of experience in the profession, Navigos Search is proud to have accompanied and supported hundreds of thousands of large and small businesses across Vietnam to get the best quality human resources. With outstanding strengths, we are confident to be the leading "talent hunter" today and the perfect choice for all companies and businesses when there is a need to find talent.

Please contact Navigos Search if your organization is in need of recruiting talents for mid-level and high-level positions in any field or industry.

Create conditions for employees to access work quickly

Preparations from Talent Management and businesses such as comfortable working environment, modern working equipment, proactive management guidance for new employees, complete work documents,... This will help new employees feel secure and have high confidence in the professionalism of the business.

Implement training and professional development programs

Training and professional improvement programs for employees need to be continuously improved and spread throughout the time employees work at the enterprise. Talent Management and businesses need to let employees understand clearly through which new knowledge they learn, what benefits do training programs bring and what obligations and responsibilities they have after each course ends. 

However, Talent Management and business leaders must note that it is not necessary for all courses to require employees to commit to the duration of their commitment or to refund their tuition if they quit before the commitment deadline because this is not the case. This causes reluctance to participate in training. Talent Management also needs to plan to organize free training courses on workflow, soft skills or exchange and share experiences between departments,...

Talent Management needs transparent performance evaluation

Encouraging morale, rewarding or promoting are essential jobs of Talent Management to promote employee morale and attachment. In order for this work to be highly effective, the performance evaluation of personnel needs to ensure fairness and transparency.

Through the assessment, the manager will understand the capacity of each person to conduct appropriate new assignments as well as support effective problem solving. Transparent performance evaluation is also important, necessary for the promotion process later.

Talent Management needs to evaluate work performance transparently and fairly

Retaining talent

Long-term commitment depends not only on personnel but also from the business side. A person working as a Talent Management needs to pay attention to the monthly income, accompanying benefits of employees and training to improve professional skills, build a culture of fairness and solidarity,... Talent Management people Always keep in mind that the talent retention policy is only effective when there is a good balance between the enterprise's budget and the competitive HR policy.

Don't forget: "The magnet" helps businesses recruit and retain talent successfully”

Through learning about the Talent Management job above, you must have had an overview to orient the appropriate application in your unit. Navigos Search's Linkedin and Facebook pages also constantly update market information, interesting and useful articles about human resources,... so don't miss it. Thank you readers for always taking the time to follow Navigos Search!

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