Name Generation Service Targets Talent From Companies You Specify
The “name generation” service is a unique service which provides a company with candidates from a list of competitors that they select. Researching names from completive companies with this service can narrow down those candidates in positions with similar job functions. Using a wide variety of search tools, the name generation service provides as many names, phone numbers, and emails of the candidates who meet the required job specifications. Hire Velocity has the ability to take this a step further and provide companies with additional information in their reports which describe the candidate’s education or degree as well as their years of experience in a particular field.
This service can be beneficial in gaining a strong advantage over competitors as it has the ability to target those talented candidates who are not actively searching for a new position. Receiving a report that includes the candidates contact information allows the company to reach out to them and present them with the new opportunity. Other key beneficiating factors of name generation is that most HR departments don’t have the time or resources to be able to produce the information that this service can generate, which when choosing to outsource this to specialists with the tools and experience needed will provide optimal results for a company.
Benefits of Developing Candidate Pipelines
In order to become a stronger company you must be able to consistently fill crucial positions within your company when necessary and do so as quickly as possible. Acquiring top talent through developed candidate pipelines has continually proven to be an effective way to do this. Developing candidate pipelines involves creating a ready pool of qualified candidates that are available for immediate contact when a position within a company opens up. Companies that are active in recruiting and creating a strong candidate pipeline are ahead of those competitors who choose to delay finding candidates till the last minute.
When you have developed a candidate pipeline you minimize the time between transitions of filling positions, helping to keep your company on track. Active recruiting also leads to an increase in brand awareness within a company’s industry. This helps your company to be the first to come to a candidate’s mind, making positions more desirable when they become available. In the long term developing a candidate pipeline will make a company stronger than it’s competition and able to fill positions quickly.
Hire Velocity has worked with many companies in the development of their candidate pipelines. By sourcing through hundreds of job boards and various social media sites, Hire Velocity can generate skilled candidates to fill crucial positions when needed. Working with a leading residential mortgage banking company recently led to over 1750 insurance agents, HR representatives, loan officers, and accountants hired.
Pure Sourcing Generates Top Candidates to Fill Critical Positions
Getting started with the recruiting process can be difficult, especially when you need to find a large number of employees to fill positions in a short amount of time. The task can be daunting for HR departments that don’t know where to start or how to go about approaching the process. Outsourcing to an RPO provider who offers the service of Pure Sourcing can take the stress away from the initial step of searching through resumes and job boards for qualified candidates which can be very time consuming. An RPO provider who offers this service is able to take on the responsibility and use the latest technology, resources and expertise to deliver a list that includes more choices for your hiring manager to be able to select the candidates who are best fit for the company.
With the Pure Sourcing service a multi-channel sourcing strategy is implemented. This consists of an in-depth search conducted using a proprietary tool to search job boards and find resumes of the most qualified candidates. A list is generated that consists of those candidates whose skills and education requirements match each specific position.
Pure Sourcing is a strategy that Hire Velocity has been successful in using to find qualified candidates to fill positions in a number of companies. Utilizing the latest technology, social media websites and access to over 200 job boards, we are able to find top candidates who fit the positions you want to fill. This service simply finds and generates a list of those candidates that would be most qualified and does so without having to make any contact with them. This saves HR managers from having to weed through candidate resumes who are unqualified and allows them to focus on those with the skills and education required, saving the organization time, money and energy.
Expand Your Talent Pool with Passive Candidate Development
Sourcing is typically done by casting a wide net out to one or more job boards. This approach works fine for candidates that are actively searching for a new position, but what if you want to tap into those that are currently employed and not looking? Perhaps you’re even interested in finding top notch candidates who work in similar positions in competitive companies. Passive candidates, as opposed to active candidates, cannot be found in a search of resume and job board postings. To find these candidates, Passive Candidate Development should be used.
With Passive Candidate Development, the recruiter directly sources talent from those currently employed and not actively in the job search process. Passive Candidate Development, also known as direct sourcing, focuses on finding qualified candidates currently in management positions from a list of targeted competitors. Once a list of names has been generated, candidates are identified and cold calls are made to each target candidate presenting the job opportunity. When the process is complete, qualified, available, and interested candidates are found to enrich a company’s talent pool. Sourcing specifically those passive candidates using this service will takes more time as candidates must be convinced to leave their current position. Using an RPO for Passive Candidate Development can take the time consuming and stressful pressure of the recruitment process off of the internal recruiters and Hiring Managers. This service has the unique ability to provide an organization with a higher caliber of skilled and qualified candidates than the company would normally come across with other forms of sourcing. With a focus on finding candidates currently employed in similar positions, this approach can find a diverse list of candidates within a similar industry and geographic area.
At Hire Velocity, we have had extensive experience using Passive Candidate Development for leading companies. Over just an eight-week period we were able to target 6,000 names, leading to 9 hires for a leading global management consulting firm. This significantly reduced their cost per hire, saving them about $8,000. Many benefits come with choosing to use Passive Candidate Development. Costs for high priced executive search fees can be reduced and new pipelines can be built with these types of candidates. This service results in a higher quality of hire and because of their specialization in the field, these candidates require minimal training.
Simplify Your Hiring Using Full Life Cycle Recruiters
When it comes to the hiring process, there are a number of situations that can unnecessarily complicate the process. If you’re burdened with more recruiting work than you can efficiently handle, outsourcing the tasks to a Full Life Cycle Recruiter may be the solution for you. Why burden yourself with managing the entire process and all of the tools when a Full Life Cycle Recruiter can do that much more efficiently for you. With Full Life Cycle Recruiting you are allowing specialists, who are backed with advanced technology and tools, to assist your business in reaching its ultimate potential. To adequately access the most qualified candidates, it takes money, time and often results in stress. Many of the recruiting tasks are very routine in nature while some are much more strategic and complex. With Full Life Cycle Recruiting, not only are posting and agency fees reduced but you can also reduce your cost per hire. Without the stress and time spent on trying to find the right candidate, your Hiring Manager will be able to focus their efforts on their core job and on projects more strategic to your company.
The service will handle the entire hiring process for you from job description creation to sourcing, phone screening, interview scheduling, offer management, employment screening and even onboarding. Your entire hiring productivity will be increased, while also reducing costs and time wasted. Hire Velocity offers the Full Life Cycle Recruiting service that will give your business confidence in obtaining the most qualified candidates to join your team. Let us assist you with your repetitive recruiting tasks while you focus on the bigger company issues. At Hire Velocity we were able to within a five month period assist a major department store in hiring 400 department, store, and division managers.
The Full Life Cycle Recruiting service can be managed virtually or on-site. With either, the main focus will be what is best for your business. The end goal is to improve your productivity while saving you time and money in the delivery of quality hires.
Research and Recruiting
Filed under: Recruiting, Recruiting Update, Services
Recruiting quality talent requires a great deal of research. Unfortunately, finding the right person for the job is not as easy as picking a random resume from a pile and giving the person a job. Performing these research tasks take time and effort, especially when you are targeting specific competitive companies to source from. When researching candidates from competitive companies, there are two services that Hire Velocity offers.
Name Generation is the first option offered by Hire Velocity. With Name Generation you specify competitive companies that you think will have the talent you are looking for. Upon getting this information we immediately begin researching to find candidates that meet the required job specifications. Hire Velocity uses a wide variety of search tools including job boards, social media, cold calling, and our proprietary tools. Leveraging our search tools, we identify the names, phone numbers, and emails of qualified candidates. The final product is a list of qualified candidates from the competitive companies you specified.
In addition to Name Generation, Hire Velocity also offers Talent Mapping. Similar to Name Generation, we research candidates that meet the required job specifications in competitive companies that you specify. Again, we use our search tools to identify the names, phone numbers, and emails of qualified candidates. Talent Mapping takes Name Generation to the next level and maps these names into the company’s hierarchy. This service can be extremely useful to visually see the hierarchy of the candidates. This service entails an even heavier load of cold calling and research to map names, but the results can be quite valuable to your recruiting efforts.