August 7, 2018, 0 Comments
Talent Recruitment: The Business of People
With 25 years’ experience in the people business, I’ve learned a thing or two about our working world and talent recruitment. As my responsibilities in HR and recruiting have spanned the globe, I can tell you that hiring in the U.S. vs China vs Africa may have their little quirks that require localized perspective, but there is one common thread: the act of regulating, hiring, managing, and retiring people is a trillion-dollar industry. Employers and Talent are sometimes stuck in the middle.
How is hiring actually accomplished?
What makes up that trillion dollars? Staffing, time clock systems, labor compliance, recruiting, headhunters, payroll systems, corporate culture, human resources, search engines, job boards, and job aggregators. You get the gist! Let’s focus on the objective of talent recruitment, getting talent a job or employers an employee. In the people business, that’s what we call hiring, talent acquisition, recruiting, or contract labor.
Talent acquisition over the years
Talent acquisition is the part of the business where exposure to a job posting is the name of the game. But, as the volume of exposure increases, so does the cost of hiring in time and hard dollars. Employers pay thousands of dollars per position just to try to scream into the web, “Hello, I have a job here!” Or worse, to cyber creep on your identity to poach from your current employer.
An employer wants as many people as possible to see their job posts. They hope that one of the hundreds of applicants will be the purple unicorn they are after. Employers of all sizes have had to pay for talent acquisition services since the beginning of even modest advances in communication.
First, it was town hall meetings, ads posted on tree trunks, telephone recruiting, newspaper ads, and spreading the word at churches and other gatherings. Now, we have the Internet with banner ads, job boards, and job aggregate sites. The mode has changed but the results have not. Sure, we may end up with a hire, but with the enormous cost of time and money and resources that neither the company nor the Talent should have to spend.
We don't do talent recruitment the same old way
Results are all that really matter, and pepelwerk is all about results. That’s why we're disrupting this trillion-dollar industry, starting with how we get people connected to work. We don’t want Employers to pay-to-play anymore. We want you to pay for results at a fair price, so that you can do more with your business. Of course, we don’t want Talent to pay the price of a dysfunctional system. Job seekers want to get hired for their skills and abilities and have a fair chance of getting work. People deserve better and we make it happen.
CEO & Co-Founder
Want to try a new way of recruiting new talent? Get matched with quality candidates, based on the skills and attributes to help your company grow. Try pepelwerk today. Sign up for free and start matching with right talent!