Posted on 31 July 2015
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.
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