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Advantages of Direct Sourcing for HR and Procurement groups


Do you know that many corporations spend upwards of 10% of their yearly turnover on advertising and branding? This isn’t only for retail manufacturers both – monetary providers, know-how and lots of different industries are spending large to develop the energy of their manufacturers and win new prospects. Savvy HR leaders leverage these advertising investments to boost the group’s employer model and talk the worker worth proposition (EVP) throughout the entire worker lifecycle. So, in relation to hiring contingent staff, why aren’t we doing the identical?

Direct sourcing is the method of attracting contingent staff utilizing a branded expertise neighborhood. It sounds easy sufficient, however how does this profit HR and Procurement?

Traditionally, HR and Procurement have typically performed very totally different roles inside organizations. Procurement is liable for contingent labor which incorporates partaking with exterior suppliers for payrolling, sourcing, and onboarding expertise. Whereas HR is liable for the everlasting worker lifecycle together with sourcing, inside onboarding, profession development and extra.

Nonetheless, the rising proportion of contractors, freelancers, and versatile staff within the job market implies that HR and Procurement, which beforehand sat in separate siloes, are actually overlapping. Everlasting hires are on the lookout for contract work and contingent staff are instantly open to everlasting positions due to the power to work from anyplace. Because of this, the 2 groups want to think about how they’ll work collectively in a approach that advantages each departments.

Attracting and constructing a versatile workforce

LiveHire information exhibits that 46% of staff who utilized for contingent roles are additionally open to everlasting positions. Equally, 33% of those that utilized for everlasting positions are open to contingent roles. The function preferences throughout every division are not black and white and Procurement and HR can use this to each their benefits in relation to hiring expertise.

LiveHire | Contingent Application

With the expertise scarcity immediately, each groups must work collectively to make sure no expertise slips by means of the cracks. This may be executed through the use of employer branding to draw all forms of expertise to a single expertise neighborhood vacation spot.

Advantages of utilizing employer branding to draw all expertise

  1.       Leveraging the model to draw extra expertise throughout totally different channels
  2.       Making a constant candidate expertise for all sorts of expertise
  3.       Complete expertise administration and visibility

1. Leveraging the model to draw extra expertise

Candidates immediately are wanting greater than ever to work for corporations that align with their values. HR is working tirelessly to create an EVP that aligns to these values and attracts the best candidates. Procurement can leverage this branding (with slight changes) to proceed attracting the correct kind of expertise to the group.

Your expertise system ought to present a platform that allows Procurement to showcase the employer model in the identical approach that HR does. Procurement ought to have the ability to supply and appeal to expertise from a number of places (profession pages, web site, social media, job adverts, and many others) right into a single vacation spot.

Placing the model entrance and heart for contingent roles will increase model consciousness, which can lead to extra functions and extra certified candidates which will even be open to everlasting roles sooner or later. 

LiveHire’s platform allows organizations to draw all forms of expertise right into a single expertise neighborhood that may be searched and filtered by function kind preferences, unique sources, and extra. This single vacation spot is promoted throughout a number of channels through the use of the employer model to draw candidates. 

Branded Talent Community | LiveHire

2. Making a extra constant candidate expertise for all sorts of expertise

It’s no secret {that a} dangerous candidate expertise will end in increased utility withdrawals, extra job rejections, and a detrimental affiliation with the group that may closely influence the backside line.

How one can create a extra constant candidate expertise

  • Ship well timed messaging
    LiveHire automates affirmation messages upon utility and encourages communication all through the recruitment course of to maintain candidates knowledgeable of their utility.
  • Reinforce the branding all through the entire course of
    LiveHire’s platform shows firm branding and actual recruiter names in all messaging and touchdown pages to make sure candidates know precisely who they’re speaking with and from what firm.
  • Present a simple approach for candidates to speak with sourcers and recruiters
    LiveHire’s two-way texting makes it straightforward for candidates to reply rapidly, even when they’re on the go.

Candidates who’ve a optimistic expertise when making use of for a job, whether or not it’s contingent or everlasting, will inevitably be extra responsive when being requested to use for future roles and can cut back the withdrawal fee. In actual fact, on LiveHire candidates from the expertise neighborhood and expertise pool have the best shortlist to rent fee throughout all channels.

Candidate Withdrawal Rates | LiveHire

3. Complete Expertise Administration and Visibility

Making a unified location for expertise will finally end in an total view of the expertise workforce from the group. 

LiveHire permits organizations to simply search and filter their expertise neighborhood by function choice kind together with everlasting, half time, contract, and FIFO. Customers may also construct expertise swimming pools with our smart-matching algorithms to uncover expertise primarily based on function preferences, abilities and over 30 different function necessities.

LiveHire | Dashboard Talent Community

With LiveHire, organizations can take a holistic strategy to their expertise recruitment, whether or not it’s everlasting or contingent hires. HR and Procurement can assist fill the gaps for scarce expertise and cut back time to rent and price to rent for each departments.

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