Outsourcing Recruitment and Talent Acquisition
Recruiting is one of the most important functions of any HR team, and it has undergone significant changes in recent years. One of the biggest trends in recruiting is the rise of outsource partnerships, as companies look to external teams to help them find and attract top talent.
Here are some recruitment facts and statistics that show the rise of outsourcing functions and the evolution of how HR divisions and teams across the globe are becoming more efficient and strategic towards their overall function within the company:
Outsourcing recruitment and talent acquisition functions is becoming more common. According to a survey by the Society for Human Resource Management (SHRM), 72% of organisations outsource all or part of their recruitment process.
The use of technology is also on the rise. In fact, a study by CareerBuilder found that 89% of employers use social media for recruiting, and 82% use mobile recruiting.
Outsourcing talent acquisition can lead to significant cost savings. A study by the Aberdeen Group found that companies that outsource their recruitment functions can reduce their recruiting costs by up to 60%!
The use of data and analytics is also becoming more common. According to a survey by LinkedIn, 67% of recruiting professionals use data to inform their recruiting decisions.
HR teams are becoming more strategic with their time and resources. A survey by Deloitte found that 61% of HR professionals believe that recruiting is becoming more important than ever to their organisation’s overall growth strategy.
HR teams are focusing more on candidate experience. A study by IBM found that 72% of recruiting professionals believe that candidate experience is an important metric for measuring recruiting success.
Overall, these facts and statistics show that outsourcing specialised functions is on the rise, and that HR teams are using technology, data, and analytics to become more efficient and strategic in their recruiting efforts.
As the importance of future hiring the right skills continues to grow, we can expect to see HR teams continuing to evolve and adapt to meet the changing needs of their organizations. Working with specialised teams allows HR the time to focus on future talent planning, talent retention, employer branding and working on the continuous improvement of their candidate and employee experience with the company.