Acquisition is the approach of finding and attracting the right talent to apply for open positions at the right cost. Companies can fill a vacant position by hiring applicants through mutual channels, existing employees based on performance, expertise, and ability.
It provides an incentive for staff to perform well and get promoted. HR Managers can also fill a vacant position by working with professional recruitment agencies that handle private employment, post ads on online career sites, or use headhunting to recruit from competitors.
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