It is a group of employees who are already qualified for future job openings. It is one of the best ways to find, retain and nurture talent in the company. It consists of the candidates who are already in the demand for a particular position.
Process of managing talent pipeline framework
- Step 1- identifying a potential candidate
- Step 2- arranging an introduction round
- Step 3- pre-screening process
- Step 4- Nurturing the candidate
- Step 5- Setting an interview
- Step 6- Make a job offer to a candidate
Benefits of Talent Pipeline
- Minimises the hiring time
- Reduces cost per hire
- Gets potential candidate
- Higher success rate of an interview
- Reduces The disruption in Business Management
