Private Talent Warehouse
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 versus reactive. Being proactive means having a steady pipeline of qualified individuals who would be interested in joining your organization well before an actual need arises. 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 to "Qualified, Interested, and Available" (QIA) status.
Candidate relationship management is accomplished by using leading-edge technology, tools and one-on-one interaction to stay apprised of a candidate's status and employment interests. When a requisition opens, Q4B queries the client's Private Talent Warehouse to find the number of QIAs 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.
Benefits of a Private Talent Warehouse:
- Increase in quality of candidates allows recruiters to keep ahead of the curve. Recruiters are ready with not just general candidates, but the industry's top talent.
- Reduction in time to fill, which dramatically improves time to value
- Decrease in cost per hire because a pool of qualified candidates is ready and identified.
A Private Talent Warehouse allows clients to:
- Increase hiring manager productivity by spending less time interviewing
- Quickly pull the trigger when ready to hire
- Utilize a state-of-the-art, web-integrated applicant tracking system
- Execute a targeted sourcing campaign (Direct Sourcing and Networking Initiatives)
- Pay close attention to candidates and build goodwill in the job seeker marketplace
- Proactively manage demand by combining with the requisition fulfillment process
Contact Us today to find out how to build your own Private Talent Warehouse.
