The Importance of Building a Talent Pipeline

Read about how a talent pipeline streamlines the recruiting process, and how recruiters can make use of their pipeline to fill job positions efficiently.

According to the latest Ministry of Manpower report published in June, the labour scene remains tight; a situation which is still unchanged since its last report in January. With more than 65,000 job vacancies available, it shows that employers are still having a hard time recruiting talents. This is one of the reasons why employers should start building a talent pipeline.
 

So, what exactly is a talent pipeline? It is defined as a pool of candidates who are qualified to assume open positions that have been newly created or vacated because of retirement or promotion. A talent pipeline helps to establish long-term professional relationships between an organisation and passive jobseekers; a vital element of recruiters seeking to reach out to a wide pool of passive jobseekers even before they have considered making a career switch.

Read the full article to learn about the benefits of possessing a talent pipeline. The full article was first featured on Enterprise Innovation on 16/7/2015.