Companies are using direct sourcing to better streamline their talent acquisition strategy as it is a proactive way for companies to find the talent they need for temporary contract roles without the help of a third-party. Direct sourcing allows companies to quickly find and reach out to strong talent that best meets their needs using highly relevant communications sent to curated talent pools to form a relationship between the candidates and the company’s brand. 

Direct sourcing is a future-proof solution for talent challenges that many are facing today, such as talent shortages, which is one of the biggest problems companies are encountering. If this issue is not addressed, the unrealized revenue could reach over $8 trillion by 2030. There are many benefits of direct sourcing, including cost savings of about 10%, gaining better quality talent and candidates, quickening the hiring process, and a more diverse talent pool. Furthermore, this strategy can help companies amplify their employer brand as they build stronger relationships with talent. 

One of the most important benefits of direct sourcing is its ability to maximize ROI (return on investment) by retaining many top-quality candidates. Success can be measured by looking at the high levels of conversions from temporary to permanent employees, with increasing conversions resulting in better ROI. Direct sourcing can aid many companies with their talent acquisition process to find the best candidates for their talent needs while staying competitive in the modern workforce.

Source: Atrium Global