Introduction
A person with talent is always better than a group of workers with a robotic nature. The business world has started focusing on hiring talented candidates who will provide a long-term commitment.
Research says, 73% of hiring masters say hiring based on skills is a priority. If those skills come from diverse regions it will bring new perspectives and innovative ideas into work. These statistics become real when we see the current state of global companies, where businesses have decided to widen their boundaries for talent acquisition and many companies plan to expand their talent pools to include skillfully diverse teams.
Talent acquisition strategies can be difficult if the companies are approaching the global market. Understanding new markets and finding local talent becomes difficult due to less awareness. This is where the EOR takes over the situation and makes the talent acquisition strategies simple.
When it comes to talent acquisition strategies, businesses find candidates for the long term. In such situations, EOR helps you find the best talents without setting up legal entities. This blog will explain the difference between recruitment and talent acquisition. Also, what a client’s plan should be, and how talent attributes would help EOR make the strategies smooth. Let’s understand how it can be an ideal solution for businesses to hire global talent.
Difference Between Recruitment and Talent Acquisition
There is a big difference between finding resources and finding talent. Many people get confused between recruitment and talent acquisition. Let’s understand the difference between recruitment and talent acquisition.
Talent acquisition and recruitment both the processes aim to hire talent, but they differ in their approach and focus:
Recruitment
A reactive, short-term process that focuses on filling immediate vacancies. Recruitment is a tactical approach that involves identifying, sourcing, screening, shortlisting, and interviewing candidates.
Talent acquisition
A strategic, long-term process that focuses on building a talent pipeline for future needs. Talent acquisition involves building relationships with potential candidates, promoting employer branding, and developing a talent pipeline.
This is the biggest and main difference between recruitment and talent acquisition. To perform this hiring process, you need to provide a future plan to EOR. Let’s understand it thoroughly.
Future Plan Objectives For Talent Acquisition
Your EOR partner requires a plan for future objectives according to which their assigned team of experts can align efforts for talent acquisition. As per this long-term plan, EOR can find the right talent be it for scale operations, entering new markets, or building specialized teams.
When businesses plan to expand their boundaries, they often search for local talent. For that, companies need more insights into the local market. An EOR plays an important role in such situations. The employer of record partner helps in finding the right talent and makes sure to fulfill all the expectations.
EOR applies the strategies that will fulfill your long-term staffing requirements and become the reason for future growth. As the company’s objectives keep evolving, EORs are habitual in adapting to the changing requirements. EORs provide flexibility so that you can adjust the plans in real time.
Click on the link to understand the 7 benefits of Employer of record service.
Role Attributes in Talent Acquisition
Half of the talent acquisition work will be done with a clear understanding of the required role attributes. You must ensure that the EOR partner has received all the detailed information about the required candidate.
The information EOR requires is specific skills, experience, and personality traits of the desired candidate. This will make it easier for the EOR partner to find those qualified candidates.
Businesses often keep high expectations when it comes to talent acquisition strategies and the employer of record understands it. Due to this, it can customize its approach and ensure finding the right talent.
At the same time, your strategic partnership with the employer of record partner is important. It allows the EOR to find the candidate who not only fulfills the technical requirements but also is a right fit for the company’s culture.
Strategic Partnerships
In terms of finding the right talent, you must share a well-defined strategic plan with the EOR partner. This plan needs to include the long-term objectives, workforce requirements, and specific hiring goals. With this plan, transparency of being aligned with the goals and vision is maintained between you and the employer of record partner.
A key to a strong partnership is open communication between the client and the EOR partner. As you share detailed information about candidate requirements, the employer of record can plan accordingly and develop an effective hiring strategy.
While sharing detailed information, make sure you mention the company’s future hiring plans, the requirements of candidates, and the timeline.
After sharing future plan objectives, role attributes, and strategic planning with you, it is time for you to get introduced to the EOR partner in India that follows the parameters above effectively. If you’re looking for expansion in India, without having a second thought associate with Remunance. Let’s understand how Remunance effectively manages talent acquisition.
How Remunance Effectively Manages Talent Acquisition
At Remunance, we keep a customized approach to talent acquisition. Our main aim is to ensure that your requirements are fulfilled and they find the right talent. Remunance manages the complexities of hiring, compliance, and employment.
Remunance is an exceptional option for talent acquisition due to its substantial experience and very well-established network. Remunance ensures a smooth strategy that will align with, diverse regional, industry-specific, and your requirements.
Remunance’s years of practice as an EOR partner helps businesses allows them to focus on the core tasks, and stay away from the mistakes. Remunance’s huge network of talent acquisition provides access to the best local talent and top-tier candidates. Remunance not only helps find the right talent but also saves time efficiently.
Due to the deep-rooted industry knowledge and connections companies get strategic and successful hires. Such qualities make Remunance undoubtedly the best option as an EOR partner for Talent Acquisition for companies looking for agility and growth.
Conclusion
Finally, we have cleared the confusion between recruitment and talent acquisition. And when it comes to talent acquisition in India, here we conclude that EOR is the best service and Remunance is the best EOR service provider. With Remunance your long-term goals and role attributes would be achieved without even establishing a subsidiary in India.
Take a step towards your expansion goals and hire the best talents for long term in India with Remunance.
