Today’s modern workforce requires companies to hire faster and have better talent access. Direct sourcing is an innovative, dynamic solution that 60% of large companies are using or are planning on using. It essentially optimizes the acquisition of new talent through the creation of and communication with a talent community of qualified contingent resources without the use of a third party to find talent. It is important that companies curate talent pools often to make sure they continue to be relevant and effective in meeting the company’s talent needs.
Direct sourcing can aid companies in solving challenging problems, including workforce shortages and growing new hire expenses. It can also improve cost savings while providing higher quality candidates and greater diversity of talent. Candidates have a better experience with the company as well, improving the company’s employer brand.
Direct sourcing populations can become great long-term hires, and this conversion from temporary to permanent employees helps optimize the company’s return on investment (ROI). More temporary workers converting to permanent employees leads to an increase in ROI.
Direct sourcing is a strong talent acquisition strategy that effectively creates a talent community of brilliant contingent workers and prioritizes reaching out to known populations who are invested in your company to find the right hire for the company’s needs while saving time and money. This talent acquisition strategy could help your business stay relevant in today’s workforce.
Source: Atrium Global