How Direct Sourcing Optimizes the Acquisition of New Talent
With today’s labor market, companies need to adapt their talent acquisition strategy to have better talent access and be faster in terms of hiring. That’s why 60% of large companies have already adopted or are planning to use a direct sourcing program.
Direct sourcing helps with hiring new talent more optimally through the use of a private talent group of qualified, engaged contingent workers, especially for temporary contract roles. This can be done without the need to use inbound applications.
Direct sourcing is a robust, dynamic solution that helps prepare companies for challenges such as labor shortages and higher than usual new hire expenses. 98% of companies have experienced cost savings, 83% of companies saw higher quality of talent and candidates, 81% of companies improved their hiring speed, 60% of companies had better diversity of candidates, and 75% had witnessed improved candidate experience after using direct sourcing. Companies are able to maximize their ROI (return on investment) as well by focusing on converting temporary employees to permanent ones. Direct sourcing populations can provide permanent hires in labor categories that have greater needs for them.
There are many benefits of using direct sourcing for companies that want to stay competitive in today’s modern workforce while making hiring quick and cost-effective.
Source: Atrium Global