Indian economy is growing in a rapid way and expected to see growth rate of 8.5% in coming years. At the same time talent acquisition and recruitment have seen tremendous growth in these years with a stable growth. Indian companies are hiring and to hire in coming quarters and India has occupied a great place in coming years by a survey. Talent acquisition and recruitment are the key terms for any company growth . Organizations are realizing the importance of recruitment strategies and specifically in present business environment. In traditional recruitment HR plays key role in people management and recruitment strategies changes along with organizational strategy.
The major challenge faced by the organizations is that getting the right talent in right time. They are putting the proper recruitment processes and importance talent acquisition. Organizations are not able to find the right talent and there is a great demand for quick hires and there is a massive demand f or appropriate talent. Even the companies recognize the importance of right talent and getting in touch with them for future reference. Recruitment is defined as filling the right person for the vacant positions when a person left the company or promoted to other functional position. Recruitment is ended by joining a person for that particular position with suitable skills required for the job. Talent acquisition is different concept and it seeks talented manpower that drives the business in growth. Talent acquisition requires good networking skills and it is a complex process by searching top performers who are not actively searching for jobs. Talent acquisition is corporate mantra for hiring top level candidates.
Organizations are following innovative strategies for getting right talent rather than quick hire. When recruitment is high on pace they will concentrates on getting right talent only. Even companies are changing their strategies and looking back to find the gaps between organizations and candidates. Technology has already taken the forefront and the international market has seen a plethora of innovations. Job matching is important factor for candidates to get equal matching job for jobseekers skills which is offered by many job seekers. Job-matching enables recruiters to eliminate irrelevant candidate profiles and instead focus their time and effort only on relevant candidates. Social media is playing key role in International recruitment markets and India is also following the same. Improving networking skills by integrating with social networking sites such as LinkedIn, Facebook and Twitter is currently being offered by many international solution providers.