Recent Trends in Human Resource Management

Wednesday, November 28, 2007

HR talent pool in the country

Is recruitment becoming the sole focus of this fraternity, sidelining other functions such as managing people’s expectations, training and performance management?

Not really, though there is a large focus on recruitment, it is with reason. With the growth of all sectors, the need for qualified and employable manpower has shot up, and there really aren’t enough such people in the job market. So, if organisations have to grow and realise the opportunities they have, recruitment is actually a ‘strategic function’ for HR. I don’t think the other functions are sidelined.

Given that there is a big supply-demand gap in the talent market, it is essentially the same set of people who keep moving from one company to another, and with an increased compensation with every move. I think, sooner or later, this trend will make the cost of talent unviable and start hitting the bottomline. I personally feel that HR should start looking not only at talent acquisition and retention, but also talent creation. That is, how do we bring in more employable people into the mainstream job market.

1 comment:

xpertprofile said...

Idea of talent pool is very successful and hence gaining importance and popularity very quickly all around the world.This kind of platform is very advantageous and prosperous for fresher candidates who are in search of high profile job.This training will help them in brushing up their knowledge with the skills they have so that they can apply their skill for the growth of the company.