Talent Pipeline

A talent pipeline is a pre-vetted collection of qualified candidates who are prepared to step into an open position, filling key organizational roles when they become vacant. A talent pipeline provides employers with a pool of applicants that can be accessed when positions open. Talent pipelines can consist of the following:

• Candidates from online job portals and referrals
• Top-performing internal employees
• Individuals recruiters met in person at career fairs
• Candidates who have been interviewed in the past

Companies can build a talent pipeline so that they aren’t solely focused on finding the ideal candidate every time there is a job opening, which is known as reactive hiring. With a talent pipeline, an organization can have a reliable and targeted group of qualified applicants, and the pipeline can transform a company’s recruitment and hiring into a cost-effective and efficient proactive process.

Example:

If an essential employee manages a large team or performs decides to resign, the void caused by this individual’s absence can be costly to the company. Having a talent pipeline can streamline the process of replacing this employee without having to spend time starting at the beginning of the recruitment and hiring process.