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Home > Products & Services > Best Practice Database > Human Resources > Employee Staffing and Performance Measures
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Developing a High Quality Talent Pool


Features:
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Pages/Slides: 19

Delivery Format: Online PDF Document






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ID: 4603

Price:  price info
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Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.

Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.

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Study Overview

Talent pool management plays a critical role in staffing efficiency and effectiveness. Staffing organizations that report top performance for key staffing activities – including time-to-fill, offer acceptance rates and cost-per-hire – tend to develop larger candidate networks. This 19-page document details how staffing managers can effectively focus on activities that have the greatest impact on talent pool generation.

Key Topics
1. Relationship-building with candidates who are not actively seeking employment
2. Employee referral programs
3. Professional and special interest organizations
4. Return on investment analysis of candidate sources
5. Employer-of-choice reputation
6. Targeted retention strategies and skills inventories

Key Practices
1. Establish and build ongoing relationships with networks of talented passive candidates to improve the size and quality of the candidate pool.
- The Director of Recruiting and Resourcing at one company keeps her own Rolodex of names referred by other employees and maintains records from her own networking activities and calls these individuals on a monthly or quarterly basis to keep the relationship fresh and maintain a level of interest among these passive candidates.
2. Encourage employee referrals to strengthen the quality of the talent pool.
- To encourage employee referrals, benchmark partners offer different financial and non-financial rewards.
3. Create sourcing capabilities in-house and with dedicated executive search firms to identify hard-to-find top talent.
- One benchmark partner employs an hourly executive recruiter to work closely with hiring managers and the company’s executive search firm to build a pool of critical skills and managerial candidates.

Methodology
This document was created from a Best Practices, LLC consulting project.

  • Benchmark Class

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Industries Profiled:
Financial Services; Insurance; Pharmaceutical; Computer Software; High Tech; Telecommunications; Biotech; Health Care; Energy; Aerospace; Defense; Computer Hardware; Utilities; Service; Manufacturing; Banking; Government; Chemical; Consumer Products; Electronics

Companies Profiled:
Allstate Insurance Company; Sanofi-aventis; JP Morgan Chase; Sun Microsystems; Verizon; QUALCOMM; Pfizer; Peoples Energy Corporation; Raytheon; Novartis; Northrop Grumman; NCR; Microsoft; Public Service Enterprise Group; Electronic Arts; Lockheed Martin; EG&G; Honeywell; Computer Sciences Corporation; Federal Reserve Board; Cardinal Health; Entergy; Cisco Systems; BASF Corporation; Blue Cross and Blue Shield; BAE Systems; Amgen; Chiquita Brands International; CACI; Autodesk; Inc.; Arrow Electronics; Applied Materials

Browse Selected Pages
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If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call Benjamin Gregory at 919-767-9160 if you have any questions.

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