Abstract

In today's competitive business landscape, organizations recognize the paramount significance of talent acquisition and retention as key drivers of sustained success. This research review paper aims to provide a critical examination of the latest innovations and challenges in talent management, with a particular focus on talent acquisition and retention strategies. The review commences by exploring the latest innovations in talent acquisition. It examines how technology has transformed the recruitment landscape, with the advent of AI-driven applicant tracking systems, social media recruiting, and virtual job fairs. The subsequent section of the review concentrates on the challenges faced by organizations in retaining their valuable human capital. Furthermore, this research review explores the intersection of talent acquisition and retention, emphasizing the importance of aligning these functions within a cohesive talent management framework. It highlights the significance of on boarding and employee development in enhancing retention rates and fostering long-term employee commitment. Throughout the analysis, the paper discusses the impact of the COVID-19 pandemic on talent management practices, including remote on boarding, virtual talent development initiatives, and strategies for supporting employee well-being in challenging times. In conclusion, this research review provides valuable insights into the contemporary landscape of talent acquisition and retention, identifying the latest innovations and acknowledging the challenges faced by organizations. By synthesizing current literature and research, this paper offers a comprehensive understanding of the best practices required to attract and retain top talent in an ever-changing business environment. As organizations navigate the complexities of talent management, the findings from this review will serve as a roadmap to optimize talent acquisition and foster a thriving, engaged, and productive workforce.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.