Why Direct Sourcing should be a part of your Talent Acquisition strategy?
IMS People
by IMS People Possible
2w ago
A ManpowerGroup survey reported that 77% of employers struggled with the global talent shortage in 2023. As the difficulty increases, most employers turn to various third-party sources for hiring top industry talents. Amid the tussle for talent, direct sourcing in recruitment has emerged as a strategic approach for organizations to identify, attract, and hire top talent directly. This gives them more control over their recruitment process. Direct sourcing can be defined as the practice of proactively sourcing and engaging with pre-identified talent pool without relying on traditional recru ..read more
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Offshoring – A boon for businesses to reduce layoff risks
IMS People
by ims
1M ago
According to data from Randstad RiseMart, in 2023, 96% of business organisations downsized in one way or another. In the post-COVID business world, layoffs have adopted a predictable pattern. Any signs of economic slowdown, financial distress, or strategic shifts often trigger significant and small-scale layoffs by companies. However, compared to the short-term benefits, layoffs come with significant disadvantages for a company in the long run. On the other hand, offshoring offers scalability and flexibility while delivering the same level of performance as the in-house team. So, businesse ..read more
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Data-Driven Recruitment: Analytical Insights from 2023 and Future Prospects
IMS People
by ims
2M ago
We are going from the impactful year of 2023 into an era marked by new challenges and opportunities. It becomes paramount to reflect on the vital industry shifts that have defined the past year and cast an informed gaze towards the future. Paradigm-shifting impacts of technology, surging demand for specialised skills in healthcare, the ripple effects of remote work, evolving the hiring processes in non-healthcare sectors – in 2023, several key developments and shifts happened in the recruitment and staffing industry. We aim to shed light on the impact of technological advancements, emergin ..read more
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Job Market 2.0: How Soft Skills Shape Your Destiny
IMS People
by ims
4M ago
“Your technical skills may get you the interview, but your soft skills will get you the job.” In today’s competitive job market, companies seek prospects who bring something additional to the table. Soft skills are your secret superpower in such critical situations, provided that you recognise them early on. From nailing job interviews to shaping office dynamics, soft skills are the unsung heroes of success. Let’s dive into these intangible qualities that make or break careers. The Changing Landscape of Employment The way we work and the most valued skills are transforming profoundly. T ..read more
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Navigating Turbulent Waters: Maximising Efficiencies in the Challenging US Market
IMS People
by ims
4M ago
SIA highlighted a UCLA Anderson Forecast indicating, “The US economy is at a critical juncture, with the potential for a recession toward the end of 2023.“ Amidst geopolitical strife and economic uncertainty, the US grapples with profound challenges. Ongoing wars and global issues loom over recruitment, healthcare, and IT sectors. However, in adversity lies opportunity—the path to profit via efficiency. Let’s discover why it matters, what hinders it, and how to thrive in the turbulent US market. Witness the looming shortage of general physicians and the surge in locum tenens demand ..read more
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Riding the Waves of Talent Competition: Thriving Amidst Job Market Challenges
IMS People
by ims
6M ago
“Recruiting professionals have never been able to make a bigger impact than right now. You used to be able to say, ‘These hires helped our company.’ Now you can say, ‘I changed the make-up of our company, I changed where we work, I changed what we look for, and I changed how we hire.’” Brett Baumoel, VP of Global Talent Acquisition – Engineering at Microsoft Source: LinkedIn Talent Solutions In today’s fiercely competitive job market, recruiters confront multifaceted challenges, from technology changes to shifting candidate expectations. Let’s delve into these obstacles, and provide prac ..read more
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Leveraging Data Analytics and Metrics to Enhance Recruitment and Retention
IMS People
by ims
7M ago
The quest for top-tier talent remains paramount in today’s rapidly evolving business landscape. Our exploration delves into the vital role of data analytics and metrics in reshaping recruitment and retention strategies. According to data released by Manpower, in 2023, 77% of companies globally report talent shortages – the highest in 17 years! Considering these challenges, let’s explore how data-driven HR is emerging as a game changer, transforming traditional HR practices into a dynamic and strategic approach for workforce management. Unleashing the Power of Data-Driven HR: A Game Change ..read more
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2023’s Recruitment and Staffing Landscape: H1 Assessment and H2 Emerging Trends
IMS People
by ims
8M ago
Steve Jobs says, “The secret of my success is that we have gone to exceptional lengths to hire the best people in the world.” In this ever-evolving business environment, finding and retaining top-notch talent remains paramount. Let’s delve into the recruitment trends of 2023 that consist of strategies and innovations shaping the recruitment and staffing industry in the global market, and US, UK, and APAC regions this year. Global Recruitment Trends in 2023: Unravelling the Future of Talent Acquisition Embracing the Future of Work: Remote and Hybrid Work Models and 4-Day Workweek Movement I ..read more
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From Crisis to Opportunity: Exploring the Potential of Tech Layoffs in the Recruitment Landscape
IMS People
by ims
9M ago
In 2022, the tech industry witnessed a staggering increase of 649% in layoffs, marking the highest rate since the dot-com bubble era several decades ago, as reported by The Challenger Report. Surprisingly, the number of tech employees laid off in 2022 surpassed the combined figures of layoffs in 2020 and 2021. Cut to 2023, these numbers are still reverberating throughout the tech industry, reminding us of the lasting impact of the layoffs, and the need for resilience and adaptation in the ever-evolving digital landscape. The global tech industry has experienced significant d ..read more
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Future-Proofing Recruitment: Harnessing AI for Smarter Hiring
IMS People
by ims
10M ago
In today’s fast-paced and competitive corporate environment, talent acquisition is crucial. Businesses continuously seek newer ways to expedite recruiting, attract the appropriate individuals, and make data-driven decisions to find the ideal fit. This quest for excellence in hiring is now empowered by Artificial Intelligence (AI), a transformative force in the realm of recruitment. The recruitment landscape has witnessed a significant shift from traditional methods to modern approaches powered by AI. In the past, HR professionals faced the daunting task of manually sifting through countles ..read more
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