Acqui-Hiring



Acqui-hiring or Acq-hiring or talent acquisition, a combination of the words acquisition and hiring, is referred to the process of acquiring a company to recruit its employees with or without showing interest in its current offerings or their continued operation. Those companies that engage in buying say it is talent acquisition and it typically comes with a per head price. The process also provides a relatively favourable exit strategies for employees with the prestige of being bought by a bigger company which is combined with the typical hiring process.

Acqui-hiring has been increasingly becoming common in VC-based startup companies especially within the tech-sector. As of March 2013, Facebook was the largest performer of this process with over 12 in the last five fiscal quarters. Other brands like Twitter, Yahoo and Google are also ranked alongside Facebook for similar practices.
This activity is facilitated by acqui-sourcing which is the process of identifying organizations that agree to be acquired.

Acqui-hiring is very commonly used when particular professions and skill sets are in great demand. A carefully selected acqui-hire will give the company staffs that matches the purchaser’s requirements or gives a competitive advantage with the special qualifications of the staffs.

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