Talent acquisition is defined as being a more strategic approach for identifying and filling hiring needs. Also, it refers to the retention of talent based on clear role descriptions and the design of a strong employer brand to attract the right cultural fit. A talent acquisition strategy is a part of talent strategy and consequently derives from human resources strategical decisions.
At the organisational level, Talent Development (TD) is part of Talent Management (TM) which is part of Human Resources Management (HRM). Talent management covers the acquisition, development, and retention of talent. L&TD focuses on the development and upskilling of current talent in an organisation. It helps the existing talent to evolve and acquire competencies in line with the organisational strategy.
Flexible work arrangements and hybrid and remote work contracts are reshaping working relationships globally. The lack of skilled workforce impacts companies across industries and while less developed countries have workforce to spare, others require talent. What exactly is double taxation? Having a different tax residency than the country you are working in, gets you to face the double taxation problem.