1. Talent Acquisition and Retention

Talent acquisition refers to the process of attracting, selecting, and hiring skilled employees for an organization. It involves identifying the right candidates who meet job requirements and fit the company culture. Retention, on the other hand, focuses on keeping these employees engaged and satisfied in their roles, reducing turnover. Effective retention strategies might include offering competitive salaries, career development opportunities, and a positive work environment. Together, talent acquisition and retention are crucial for building a strong workforce and ensuring the long-term success of a company by minimizing hiring costs and maintaining a skilled, motivated team.