Direct Sourcing, an innovative talent acquisition strategy, stands apart from traditional methods by taking a proactive approach. It generates new and pre-identified talent communities, ensuring a steady stream of qualified, engaged, and contingent workforce. This efficient method allows companies to quickly identify and communicate with the ideal community of specialized curated talent, cultivating a solid relationship that authenticates the company’s brand.
Workforces are Evolving
The demand for reliable and skilled workers is growing as the workforce evolves. In the face of ongoing market volatility, Direct Sourcing opportunities are positioned to demonstrate its value as a talent acquisition strategy and retain its top talent. Industry experts predict that Direct Sourcing solutions will emerge as a leading talent acquisition tool, serve as a sustainable engine for workforce management, and play a vital role in the future of workforce management products. The future of Direct Sourcing inspires confidence in its ability to address talent shortages and rising recruitment costs, making it a strategic choice for businesses.
Rebecca Cenni-Leventhal, CEO of Atrium, writes, “As the modern workforce makeup evolves, the strategic use of contingent workers has steadily increased, and uncertainty only gives further momentum to this trend.” Christopher Dwyer, Manager Director of Future of Work Exchange, agrees, “Direct Sourcing will demonstrate its enduring value as a foundational talent acquisition strategy and talent sustainability engine, solidifying its role in the workforce management landscape of tomorrow.” Direct sourcing can be an excellent tool for companies looking to overcome talent shortages and manage rising expenses and recruitment costs, among other challenges. A significant concern for businesses is the looming threat of talent shortages, which experts estimate could lead to $8.5 trillion in unrealized revenue by 2030. Direct Sourcing is prepared to meet this challenge. In 2020, 33% of companies hired contract workers, and 20 – 30% of the U.S. labor market is part of the gig economy. Direct Sourcing is incentivized to stay on trend, making this an essential tool for the modern workforce.
There are Many Benefits of Direct Sourcing
Direct Sourcing offers significant cost savings, with 98% of businesses reporting substantial reductions, averaging 10 -15%. It also leads to higher-quality talent and candidates, prompt hiring cycles, and a more personalized hiring experience. Moreover, it enhances brand awareness, grows relationships, and promotes diversity, expanding the team of potential candidates.
Direct Sourcing is an excellent resource for companies looking to stay competitive in today’s workforce. Companies can find the talent they need quickly and cost-efficiently by creating a private talent community of qualified contingent resources and reaching out to identified populations engaged with and invested in your company if you’re not using a Direct Sourcing program. Your business is at a disadvantage! This explains why leading companies choose workforce management partners like Atrium.
Direct Sourcing Solutions from AtriumWORKS™ is a specialized division of Atrium that blends the talent community with cutting-edge direct sourcing strategies and an advanced technology environment. With 13 offices across the U.S., we can support direct, diverse solutions globally. Atrium is a diverse supplier with deep experience offering consultation services, and direct sourcing workforce management solutions focused on creating solutions.
Source: Atrium Global
