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

Flexible Work Arrangements

What is Flexible Work Arrangements?   ‘Flexible Work Arrangements’ refers to the unorthodox arrangements a company makes with its employee to take into consideration their

Minority Business Enterprise

What is Minority Business Enterprise?   ‘Minority Business Enterprise’ is an American title conferred upon a company that is owned at least 51% and managed

Skills Gap

What is Skills Gap?   ‘Skills Gap’ refers to the gaps in the skills expected by the company for a position and the skills the

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