Resourcing Talent 3TR0 Essay

1660 Words Sep 15th, 2013 7 Pages
Resourcing Talent

Report – Findings
This report will look at Talent Planning in organisations. Talent Planning describes an organisation’s commitment to recruit, retain, and develop talented employees to meet current and future organisational needs. It focuses on recruitment, ensuring the right people are attracted to the organisation.

Factors that affect an organisation’s approach to attracting talent:
There are a number of factors that affect an organisation’s approach to attracting talent, one of them being the image of the organisation. This has a great influence on attracting talent. An organisation with a good image may find it easier to attract and retain employees. The image of the company is based on what they do and
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In doing this they will be able to attract and retain talent from diverse groups which can lead to a higher retention of staff and high staff morale which in turn will help with effective performance of the employees. It will also enhance the organisation’s reputation and image.

Factors that affect an organisation’s approach to recruitment and selection:
The recruitment and selection process is one of the biggest factors that affects an organisation’s approach to recruitment and selction as they have budget and cost restraints. If a business is financially secure than they can spend more money on the best recruitment and selection methods, as opposed to one that does not have positive growth. Before an organisation starts the recruitment and selection process they also need to take into account the wage that can be paid and the cost of training too. Budget constraints also mean the company may not be able to offer attractive benefits to attract the best candidates which could put them behind their competitors. However organisations with tight budgets can use recruitment methods such as online recruitment websites as opposed to using agencies to headhunt candidates.
Another factor that can be taken to account is that some organisations have recruitment policies which aim to provide clear guidance to managers in relation to the selection and appointment of staff. This provides them with a structured process for everyone to adhere to. This ensures candidates

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