Top talent is hard to find and even harder to retain in today's highly competitive hiring market. The key to success is to be proactive vs. reactive. Being proactive means have a steady pipeline of qualified individuals who would be interested in joining your organization well before an actual need arises. It brings to light the notion of recruiting against a "profile" instead of a "vacant position." This pipeline is what Q4B refers to as a Private Talent Warehouse.

Each Private Talent Warehouse is a customized database of candidates identified as potential fits for each client company. Q4B works with each client to develop an integrated sourcing strategy to identify and attract the specific types of candidates that fit the profile. This "sourcing engine" constantly delivers résumés matching the appropriate profiles to the client's Private Talent Warehouse. The Q4B recruiting team develops and maintains relationships with the highest potential candidates, moving them through to "Generally Qualified, Interested, and Available" (GQIA) status.

Candidate relationship management is accomplished by using leading-edge technology tools and one on one interaction, as a means of staying apprised of candidates' status and employment interests. When a requisition opens, Q4B queries the client's Private Talent Warehouse to find the number of GQIAs that are ready to deliver.

Proactivity, in anticipation of hiring demand, keeps a recruiter several steps ahead of the demand forecast for high propensity-to-hire positions. That allows for recruiting against a specific profile and continually stockpiling the Private Talent Warehouse. In turn, employers receive several specific benefits:

• Their quality of candidate goes up by allowing the recruiter to keep ahead of the curve. When the need actually occurs, the recruiter is ready with not just with a general candidate selection but the industry's top talent.
• Time-to-fill the position should drop dramatically. Reduced time-to-fill dramatically improves time-to-value, one of the least-measured hiring factors.
• Cost-per-hire should plummet, too, due to the fact that a pool of qualified candidates has already been identified. When candidates are continually in the pipeline with ongoing recruiting relationships, the best can be quickly presented.

A company's management team gets an extra productivity shot by spending less time interviewing and quickly pulling the trigger on blue-chip prospects. Plus, the company's close attention to candidates builds tremendous goodwill in, and insight into, the marketplace. With Q4B's Private Talent Warehouse, companies can:

• Utilize a state-of-the-art web-integrated applicant tracking system
• Execute a targeted sourcing campaign
• Proactively manage demand by combining with the requisition fulfillment process

Contact Us today to find out how to build your own Private Talent Warehouse.