The current issues of Talent Acquisition and Retention- A Recruiter’s point of view.

Organizations always look for an employee who is talented, loyal, and scalable. As they get the talent they use it and take the best of best out of him/her. We all have experienced a traumatic economic downturn and now we are just recovering from it slowly. During the economic downturn many talented employees were asked to leave and certain cases many organization could not keep their talent due to lack of projects and financial support. There were only very few organization who could hold their best talent even during this slowdown. But for certain organization it was an opportunity to cut down their operational cost and show economic down turn as an easy excuse.

Now time has changed and economy is strengthening across the globe slowly but steadily. Opportunities are flowing in for every organization but it’s not going to be an easy task to encash those opportunities as they have already lost many talented employees during the recession.

So now what’s next? Go on acquire new talent. Every organization is on a hiring spree from the same pool of talent. Each candidate has an alternate choice everyday with better position and better compensation. Companies are competing with each other by counter offering candidates. It has become a tough task for every Talent Acquisition team of each organization as the offer decline ratio has gone up especially when candidates are backing out on the date of joining. And the whole issue is a headache as employee retention has become even tougher task.
Apart from offer decline and interview back out the organization also face another problem which is called ‘”wrong hire’’. As I mentioned earlier due to loads of work and opportunity companies are in a hiring spree as each day they lose lots of money so there is a pressure to get somebody as quick as possible. During this process we make compromises and hire some people who seem to be a right match but actually they are not. They may not have exact or right skill or right attitude for our organization. So as we realise this we have to let go them but during this process we lose money, effort and the most precious thing which is time.

I understand it’s not easy to keep all your best talent always with you and also not easy to attract all the best talents towards you. I may not have a best possible solution for this but I have some precautions which I think will help us to retain some of our talent.


• Understand every employee is an individual they are just not a resource, they have their own objective to achieve in their life and make them feel that we value their talent and they do add value to the organization.

• Set a right and realistic target for them aligning with the organizational goal where they can see themselves growing along with the organization.

• Identify their talent and delegate similar work and make them grow from an individual contributor or from a team member to second line leader.

• Appreciate and reward their right approach and work, and train them in the areas where the lack rather than criticising them.

We can add some more point but my point is very clear that an organization is as good as its employees are.