Glossary of Employee Recognition, Total Rewards, and Company Culture Terms
Talent acquisition refers to the process of identifying, attracting, and hiring the right candidates for a job or position within a company. It involves a strategic approach to recruitment that identifies top talent and aligns it with the organization's goals and values.
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To improve talent acquisition, companies need it to build a strong employer brand, create a positive candidate experience, and implement a data-driven approach to recruitment. It's essential to identify the key competencies required for each position and use a combination of behavioral and competency-based interviews to assess candidates' skills and abilities.
It goes without saying that companies also need to create a culture that employees want to be a part of. Only with stellar total rewards, including recognition, work-life balance, and development opportunities, will employees be attracted to a company.