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A talent pool can have a make-or-break effect on companies, especially during a labor shortage. Currently, recruiting managers are finding themselves with vacancies that need to be filled and without suitable candidates to choose from. When critical positions are not filled immediately, understaffing can adversely affect the health, stability, and overall image of the company. A talent pool is a recruiting strategy that HR professionals can use to take advantage of candidate’s skillsets and perspectives. By building a talent community, human resources can actively improve their efforts to recruit diverse talent and prevent unexpected employment gaps. Find out how to set up a talent pool, what to consider, and how to attract high-quality talent. Talent Pool Definition The Benefits of Talent Pooling Talent Sourcing: What makes a Good Candidate? Diversity Attracts Talent How to Create a Talent Pool Tools for Managing a Talent Pool Talent Pool Definition A talent pool is a database that contains relevant information about applicants, potential candidates, and the company’s former and current employees. In a nutshell, the data of all qualified candidates are saved for future consideration. HR professionals can easily manage their talent database with an applicant tracking system (ATS). HR professionals can use
