Current Trends in Talent Management
February 12, 2025
Assessment Center An assessment center is basically a series of assessments carried out using several techniques like simulation, psychometric test and exercises to take critical decisions like selective or rejecting a candidate for recruitment, for promotions and appraisals etc. There are some basic considerations for running an assessment centers which is again the corporate adaptation […]
Unemployment in the West In recent times, there have been mass layoffs in the Western world because of the ongoing global economic crisis. This has led to widespread unemployment with levels of 25% in Europe (among the youth aged between 20-25) and 12% in the rest of the continent. This kind of firing workers in […]
How to deal with Paltry Hikes and Bonuses The gloomy economic conditions prevalent in the West and most parts of the world call for some specific strategies from professionals who need to deal with them. To start with, it is a fact that working professionals have not seen salary hikes and bonuses for the last […]
The Changing Role of the HR Function Of all the support functions, the HRM (Human Resource Management) function is a critical component of any organization. Apart from finance, which serves as the lifeblood of the organizational support functions, the HRM function more than any other support function, has the task of ensuring that the organizational […]
The cost of education in America is skyrocketing. It is for this reason that more American policymakers are looking at various options to reduce the costs. They are looking at different models which are being followed in other countries in the world. It is important to note that America is not the first country in […]
People are, undoubtedly the best resources of an organization. Sourcing the best people from the industry has become the top most priority of the organizations today. In such a competitive scenario, talent management has become the key strategy to identify and filling the skill gap in a company by recruiting the high-worth individuals from the industry. It is a never-ending process that starts from targeting people. The process regulates the entry and exit of talented people in an organization. To sustain and stay ahead in business, talent management can not be ignored. In order to understand the concept better, let us discuss the stages included in talent management process:
Talent Management process is very complex and is therefore, very difficult to handle. The sole purpose of the whole process is to place the right person at the right place at the right time. The main issue of concern is to establish a right fit between the job and the individual.
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