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

Collective Bargaining

What is Collective Bargaining?   ‘Collective Bargaining’ is the term used to define the bargaining between employers and employees to reach a mutually beneficial agreement.

Benefits

What is Benefits ? ‘Benefits’ or ‘Benefits Package’ refer to the additional compensation an employee gets apart from the salary. These benefits might be either

Union

What is Union?   The term ‘Union’ refers to a group of staff members who have created a group to achieve common work-related goals such

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