Talent Management

What is Talent Management?

 

‘Talent Management’ refers to the plans and strategies that a company uses to make sure that its human capital is working as required and make necessary changes if required.

 

It is an ongoing process and having an effective talent management strategy ensures that the right people are employed in the positions best suited for their skills, which ultimately helps the company fulfil its own goals and thrive.

 

Talent management is usually delegated to the HR department; however, the managers and supervisors also play a major role in understanding the requirements of specific job positions and making sure that the employees are satisfied with their positions.

More HR Terms

Leave Encashment

Let’s imagine an employee puts in fifteen years of dedicated service, skip vacations, and finally retires. He now discovers their unused leave balance worth nothing

Micromanagement

What is Micromanagement?   ‘Micromanagement’ is the term used to define the negative management style used by some managers who scrutinize their staff minutely and

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