Direct Sourcing Directly Impacts the Future of Work

Why Direct Sourcing is Vital to the Workforce

Direct Sourcing, an innovative talent acquisition strategy, stands out from the traditional reliance on inbound applications or stagnant databases. It takes a proactive approach, generating new and pre-identified talent communities that are qualified, engaging, and dependable. This innovative method allows companies to swiftly identify and communicate with the ideal community of specialized curated talent, fostering a solid relationship that authenticates their brand.

Workforces are Moving to Direct Sourcing

With the evolving demographics of the workforce, there has been a growing demand for reliable and skilled workers. In the face of ongoing market volatility, organizations are looking for effective strategies to acquire and retain top talent. Direct Sourcing solutions, predicted by industry experts to 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. This future-proof nature of Direct Sourcing inspires confidence in its long-term benefits.

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.” Direct sourcing can be an excellent tool for companies looking to overcome talent shortages and manage rising expenses and recruitment costs, among other challenges. According to recent research, 60% of large companies use or expect to implement a Direct Sourcing program. Yet, a massive 40% have not considered Direct Sourcing as an option to offer up the question: what is the actual cost of not using Direct Sourcing to optimize your business? The answer is that the power of Direct Sourcing goes far beyond convenience. It is a dependent, dynamic, and forward-thinking solution for the workforce.

Direct Sourcing can be a Beneficial Resource.

Direct Sourcing offers exciting cost savings, with 98% of businesses reporting significant cost 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, builds stronger relationships, and promotes diversity, expanding the pool of potential candidates.

Additionally, the benefits extend to maximize the company’s ROI. Direct Sourcing aims to attract and retain top-quality talent to help reduce the turnover rate metric. This metric can be measured to show success in achieving high conversion from temporary to permanent employees. Direct sourcing also has established a pipeline of potential populations to help forecast the future needs of companies to meet their labor needs. This allows companies to optimize their ROI by converting temporary to permanent positions. This contributes to helping the companies stay competitive with the trends in the workforce.

Direct Sourcing Solutions from AtriumWORKS™ is a specialized division of Atrium that reaches the talent community with innovative direct sourcing strategies that use technological channels to communicate effectively with its target audience. With thirteen offices across the U.S., we can support direct sourcing solutions globally.

Infographic on benefits of direct sourcing for talent acquisition.