How to Keep Filling Your Talent Pool and Why It's Important

Finding the highest quality of talent is essential to the success of every company, regardless of its size or industry. It’s critical for businesses to not only bring in new employees who can help them reach their goals but also retain current team members who remain productive and engaged with their responsibilities. A successful talent pooling strategy requires continuous effort to ensure your talent pool remains up-to-date and never dries up. Keeping an ongoing pipeline filled with a diverse range of skilled individuals is challenging but necessary if you want your recruitment operations to run smoothly into the future.

Why Filling Your Talent Pool is Important 

Having a large and varied talent pool ensures you always have pre-screened and engaged candidates ready to fill vacancies as they arise. This makes the recruitment process smoother and can helps to avoid any delays in hiring. Additionally, when your pipeline is well-stocked, there’s less pressure to settle for a substandard hire just because the vacancy needs to be filled quickly.

Having a large talent pool also gives you more choice when it comes to making new hires and allows you to select the best candidate for your business. This leads to greater job satisfaction, lower turnover rates, and better employee retention, which ultimately results in increased productivity and profitability.

Finally, staying on top of your talent pool comes with other advantages. It allows you to identify and nurture up-and-coming candidates who could be potential future employees. Building relationships with talented individuals who may not be ready to join your team yet can be beneficial in the long run as they will already know about your organisation when the time comes for a new job.

How to Keep Your Talent Pool Full

Now that you understand why filling your talent pool is essential, let’s look at how you can do it.

The first step is to ensure your job postings are up-to-date and accurately reflect your available roles and required skills. This will help ensure you reach the right people and attract qualified applicants with targeted messaging.

It’s also important to keep engaged with your talent pool so that you can contact candiates when a new roles arises. Often an Applicant Tracking System (ATS) is used to to help manage and organise your talent pool. For example, a skills library within an ATS helps to create a hierarchy of desired skills to then match candidates to vacancies. You should also be able to segment talent to create groups of talent, vacancies and contacts.

Developing a strong employer brand to attract top talent to your company is essential. Make sure your company's career site and social media profiles accurately reflect your company's culture and values. Doing so will increase your follower count and generate interest from potential candidates. When you have a job opening, you can post about it on your social media accounts, and candidates who follow your page will be informed and can apply for the position. This is a great way to keep filling your talent pool.

A top tip for filling your talent pool is to encourage visitors to your careers site to sign up for job alerts. Ideally this will be an automated process and through connecting your careers site to your ATS, you'll be able to do some clever stuff! For example, search your database for candidates that reached a specific stage of a process during a previous application, or searching for passive candiates that have a particular skills set that you can target with a particualr role. You'll find more ATS features for talent pool success here.

Finally, networking is an effective way of finding new candidates. By attending industry events, joining professional organisations, or speaking to contacts you already have, you can start building relationships that may eventually lead to new hires through nurturing and enagagement.

Conclusion 

Having a strong talent pool is key to any successful recruitment process. Keeping it up-to-date will give you more options when it comes to hiring. If you would like help on recruiting new candidates using an talent acquisition platform, contact our experts to take a look at Eploy's Applicant Tracking System.

Contact Eploy for Applicant Tracking Systems (ATS) Expertise 

At Eploy, we offer a highly configurable Applicant Tracking System designed to help you attract, hire, and speed up the process of recruitment. Get in touch with our specialist team at Eploy to find out how we can help you meet your recruitment goals or schedule a personalised demo. No hard sell, no strings attached. Just some winning ideas to help you with your recruitment strategy.