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Talent pipelining and the establishment of an effective talent acquisition system is essential today to meet the ever-changing resourcing needs of organisations. Recruitment can be a costly activity, no more so than when a key role remains empty for a period of time. Not only does this add pressure to the surrounding team, but often means that key strategic objectives are not pursued as everyone bunkers down to compensate for the missing employee.

Looking ahead

Forecasting your talent needs for the future and identifying ‘critical’ roles within your organisation that would be difficult to replace create the backbone to a talent pipeline. Where will this person come from? Is this talent hard to find? Do they exist within the business or would we need to look externally? How long would it take for someone new to operate within the role?

If the talent already exists internally, you can create a succession plan; however, if you need to go to market, often the best choice is to partner with a trusted recruitment firm to help meet your needs and keep you abreast of the talent available.

The benefits of partnering with a specialist

Recruitment agencies, particularly those who are sector specialists, can be excellent partners for talent pipelining. Here’s why this approach can help match you with candidates that meet your needs – higher quality hires that provide you with a competitive advantage.

Market knowledge

With an expert knowledge of market sectors, as well as your competitors' talent, specialist recruiters have their finger on the pulse – understanding available skill sets, where and how to reach candidates, among other hiring complexities. And if you have partnered with them in the past for previous hires, they will have a detailed understanding of your organisation and the challenges you are facing.

Continued candidate relationships

By sharing your talent pipelining goals with a recruitment partner, they will be able to keep you informed of high potential available talent and continue a relationship with those candidates who would be a strong cultural fit. An extended reach ensures you’re connected to passive and hard-to-find candidates, talent you wouldn’t normally see as part of the talent pool.

Time and cost savings

Most importantly, talent pipelining with a trusted recruitment partner reduces hiring time and costs. Without the burden of advertising, candidate attraction and time spent shortlisting suitable individuals, it means you’re spending time where it needs to be.

Whether you're looking ahead to future plans, or have more immediate needs, a specialist recruitment partner can provide genuine talent pipelining support. For more advice, or to get connected to Australia's fantastic HR professionals, get in touch today.