In a perfect world, a company would be able to forecast all hiring needs and execute talent management in seamless fashion. The problem is that the "perfect world" never existed - even Henry Ford had his own recruitment challenges despite creating the plug-and-play assembly line factory system during the Industrialization Era. Factors such as rising and falling market capitalization, currency risk, new products, and competitive actions, etc. often force business leaders to rethink and restrategize talent management. As a result, hiring needs are often fluid and most recruiting leaders are in agreement that it would be nice to have "a shoulder to lean on during those busy times" when increasing recruitment headcount is not a viable solution and/or contingency fees must be kept in check.
Operational Impact:
- Agency and direct-hire fees are estimated to rise significantly.
- The traditional contract recruiting resource takes 60 - 90 days before we see a hire, thereby substantially requiring a significant upfront investment prior to any results, which are not guaranteed.
- There are so many reqs open that we believe QOH (Quality-of-Hire) is being sacrificed in lieu of volume.
- Our internal recruitment staff is having difficulty managing the increasing demands and stress levels are slightly higher at the current moment.
- We believe the candidate experience of our interviewing and hiring process may be slipping due to the increased req workload.
Our Solution:
At LG & Associates, we know that competitive advantage is maintained and harnessed through our ability to recruit, engage, develop, and retain our biggest asset: human talent.
Through our Recruit-Smart service, we provide scalable recruiting resources that can expand and contract in response to candidate flow. Whether you need a short-term contract recruiting / strategic sourcing consultant to assist with the spike in demand, or you are looking for a viable alternative to steep contingency fees, we can work with you to create a solution custom-tailored to your organization and specific challenges.
Client Results:
30% reduction in annual contingency fees for $2.6 Billion USD natural-gas distributor headquartered in Southeastern U.S.