HomeProductsHRM/PayrollGet to Know the Functions and Benefits of Talent Pool!

Get to Know the Functions and Benefits of Talent Pool!

Human resources become one of the essential supporting factors in the company’s operational activities. Without its presence, the company can’t run its business activities smoothly. Some candidates have excellent work performance from the many human resources that the company has. Of course, a company has grouped and listed a number of these candidates. This is familiar with the term talent pool.

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Check out the following explanation to know talent pool definition, functions, and benefits!

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Talent Pool Definition

talent pool

The talent pool meaning is a group of candidates who have been grouped as a group of candidates who have excellent performance compared to other candidates. The candidate, in this case, is a company employee. Talent pool aims to help companies create and maintain their success by placing candidates who have excellent performance in several available positions.

Also read: What is an ERP System?

Talent Pool Functions

The talent pool implementation by the company certainly has several functions. With this implementation, companies will create and maintain their success by placing excellent performance candidates in the several available positions. Talent pool can also be a long-term strategy that companies can implement to fill positions that do not exist today. No less important, this can make the company have reliable recruitment sources at any time.

Talent Pool Benefits

The company will obtain various benefits in the talent pool implementation. Through its implementation, companies can reduce recruitment costs. So, the companies will no longer need to allocate costs for the job advertisements installation. Not only that, the talent pool implementation will save more time in the recruitment process. This will make the companies faster in the recruitment process because they already have curated candidates databases. Last but not least, companies can also improve their recruitment process quality through talent pool implementation.

Also read: 5 Ways to Overcome a Financial Crisis in Business

Tips in Maintaining Talent Pool

After knowing its functions and benefits, of course, you need to know tips in building the talent pool. What are the tips that the company must consider in its implementation? Check out the explanation below:

Using best recruitment software

The use of the best recruitment software is a key factor in the effectiveness of the recruitment process. Talent pool management system helps companies select candidates more easily and quickly. Not only that, but this software can also match the candidate profile with the required criteria. Therefore, companies need to have compatible recruitment software. Competency management system can also be your solution in making the flow of the candidate selection process that is easy to comply with the competencies that the company wants.

Using references or recommendations

Often company employees have recommendations of competent and qualified candidates. Companies can store such reference data in a database. So, when the company needs a number of new candidates to occupy available positions, the company can directly contact candidates in the database.

Create a job portal

In recruiting human resources, companies often create job portals that are easily accessible to applicants. Job portals usually provide complete information about the available position and required criteria. Applicants can also upload their job applications through this job portal. Creating a job portal will make it easier for companies to group prospective candidates.

Building a community

Companies can build communities to attract a broader range of competent and qualified candidates. This community can facilitate companies in introducing the company work culture as well as available career opportunities. Not only for companies, but the presence of this community can also facilitate job applicants to know information about the available positions.

Also read: Stakeholder Is: Definition, Types, Functions, and Analysis


talent pool

The talent pool implementation can provide convenience for companies in getting qualified candidates to occupy available positions in the company. There are various tips that companies need to consider in its implementation, ranging from using the best recruitment software to building a career community.

Speaking of the company’s recruitment, you can automate the company’s recruitment process in search of the best candidates using EVA Recruitment Management System from HashMicro. This system will simplify various recruitment processes in the company, ranging from job postings, CV screening, and other recruitment activities quickly and automatically. Now, you don’t have to worry about wasting your company’s time and personnel in vain, because this system can make the recruitment process run smoothly, quickly, and efficiently.


Interest in getting savvy tips for improving your business efficiency?

Muhammad Ezra Ambiar Ganesha
Muhammad Ezra Ambiar Ganesha
As an intern Content Writer at HashMicro, I wrote and optimized articles.


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