How are you overcoming The Global Talent Supply Problem?
David Cardile
Leading the development and execution of best-in-class Direct Sourcing talent acquisition initiatives tailored to the unique needs of diverse organizations across the Asia-Pacific market.
The Global Talent Supply Problem
There is a global talent supply problem that businesses are facing today. This problem is caused by the fact that there are not enough qualified workers available to fill all the open positions. As a result, businesses are forced to look for qualified workers in other countries, which can be expensive and time-consuming and perhaps also restricted by the foreign worker policies created by your local government.
Why does Recruitment Process Outsourcing (RPO) help talent acquisition strategies?
One solution to the global talent supply problem is for talent acquisition to align and receive support from an RPO. A bespoke and tailor-made RPO solution will increase the talent acquisition division's capability of finding and hiring the best employees for your company. An experienced RPO vendor will be able to identify the key skills required for positions, across multiple industry verticals and then search for candidates with those skills. At this stage, the RPO really provides you with a return on investment. Partnering with the right RPO solution will amplify your company’s ability to engage, attract and hire those candidates on your behalf and before the competition.
The Benefits of Recruitment Process Outsourcing (RPO):
There are several benefits of using RPO to overcome the global talent supply problem. Some of these benefits include:
Reduced Costs: Hiring workers through recruitment firms or from other countries can be expensive, due to hiring fees, the cost of airfare, and relocation expenses. An RPO will reduce these costs by allowing you to find qualified workers within your own country directly with no additional expenses
Increased Efficiency: When you hire workers through traditional methods such as job ads, corporate careers pages, or recruiters, it takes a long time. There is no guarantee of success or that you will receive an application from a suitable candidate. Engaging an RPO allows you to identify potential candidates quickly and efficiently, thus reducing the amount of time it takes to fill an open position
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Improved Quality: By focusing on skill requirements rather than experience levels, an RPO will ensure that only the best candidates are hired for your company. This leads to improved quality and performance among your workforce, lowers turnover and attrition
Korn Ferry is the only RPO provider that is part of a global-leading organisational consultancy. In addition to over 24 years of proven RPO experience. ?Korn Ferry is the only RPO vendor globally, that combines both Talent Management and Talent Attraction strategies within our solution. We ensure that all our clients are engaged with our broader Korn Ferry business knowledge, infrastructure, and IP; bringing you the collective insights and value gained across all our solutions.
Please feel free to connect with me if you would like a confidential discussion on how we can support your Talent Acquisition strategy across APAC.
David Cardile - Client Development Director, RPO & Project Talent Solutions
Mobile +65 9115 7782
Email [email protected]