Last updated on March 3rd, 2023
We live in a digital world. Businesses that fail to adapt are losing revenue and market share, regardless of their field of business. That’s why the phrase “digital transformation“ has been at the forefront of the minds of many executive decision-makers when it comes to operational planning, particularly in non-technology-oriented business sectors. “How do we digitize?” “How do we evolve our business using technology?” “How do we do all this strategically and efficiently?”
Digital transformation could help to protect your company and create significant efficiencies for both you and your customers. At the heart of all digital transformation lies the capability to produce results. You require the expertise that can help you meet your goals from concept and implementation through ongoing technical assistance. Making suitable IT contract hires at the time you require them, right from the start of the digital revolution is essential to success. iTechnolabs have many specific capabilities which can be a benefit in prioritizing progress. Direct hiring should be an integral element of any company’s hiring toolbox when contemplating a digital transformation project.
Why Direct Sourcing?
Direct sourcing is a strategy that companies use to recruit and hire top talent directly, rather than relying on traditional methods such as job boards or staffing agencies. There are several reasons why direct sourcing can be a beneficial approach.
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Access to top talent
Direct sourcing allows companies to identify and target top talent directly, rather than waiting for candidates to come to them. This approach can help companies attract the best candidates for their open positions, including those who may not be actively searching for a new job but would be open to a new opportunity.
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Cost savings
By eliminating the need for staffing agencies, companies can save on the cost of placement fees, which can be as much as 20% or more of a candidate’s salary. Direct sourcing also reduces the need for job board advertising and related expenses.
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Better candidate experience
Direct sourcing allows companies to provide a more personalized and transparent candidate experience. Candidates can communicate directly with the company and get a better understanding of the role, company culture, and potential career growth opportunities.
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Improved employer branding
By directly sourcing candidates, companies can showcase their culture, values, and mission in a more authentic way, which can improve their employer branding and attract top talent.
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Faster time-to-hire
Direct sourcing can result in a faster time-to-hire, as companies can communicate directly with candidates and move through the recruitment process more efficiently.
Direct sourcing lets you determine the actual opportunities for the required skills to be able to access your market right from the beginning. If you are aware of the skills that are in demand in the future, you can prioritize your digital change, which will save you time and cash. This also allows your hiring managers directly communicate in negotiations, and then make hiring decisions transparently and efficiently. According to research conducted by staffing industry analysts, at minimum 60 percent of staffing executives have announced that they will implement direct sourcing plans in the coming two years (registration is required).
In a volatile economy and job market afflicted by labor shortages of skilled workers, direct sourcing could be an effective way to hire businesses to consider adopting. If this concept isn’t familiar to you, you might want to consider using a program in conjunction with your current models, whether it’s a third-party agency to staff. There’s no reason to alter immediately rather, instead, run them in parallel to measure efficiency against each other.
Also, read: Digital Transformation in EdTech Sector – Benefits and Drawbacks
Steps To Follow IT Hiring? Few Steps To Integrate Direct Sourcing
If you’re looking to Hire IT professionals, there are a few key steps you can take to get started:
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Define the position
Before you start looking for candidates, you need to know exactly what you’re looking for. Create a detailed job description that outlines the specific skills, qualifications, and experience you’re seeking.
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Determine your budget
IT professionals can be highly in demand and compensation can vary depending on location and experience. You’ll need to determine your budget for the position so that you can attract the right candidates.
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Post the job listing
Once you’ve defined the position and budget, it’s time to post the job listing. Consider posting on popular job boards and platforms, such as LinkedIn or Glassdoor, as well as relevant industry-specific job boards. You may also want to consider working with iTechnolabs to help you hire professionals for your project.
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Review resumes and applications
As resumes and applications start coming in, review them carefully and look for candidates who meet your requirements. Consider using an applicant tracking system (ATS) to streamline the process and help you organize and sort through applications more efficiently.
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Conduct interviews
Once you’ve identified top candidates, conduct initial screening interviews to assess their skills and experience, as well as to get a sense of their personality and work style. Consider conducting additional rounds of interviews, such as technical interviews, to assess their technical skills.
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Make an offer
Once you’ve identified the right candidate, it’s time to make an offer. Be prepared to negotiate salary and other benefits, and make sure to communicate clearly with the candidate about the terms of the offer.
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Onboard the new hire
Once the candidate has accepted the offer, it’s important to provide them with a thorough onboarding process to get them up to speed on your company culture and expectations, as well as the specifics of the role.
Related Article: An Ultimate Guide to Enterprise Digital Transformation
Do You Want to Integrate Direct Sourcing With iTechnolabs?
Partner with the right company to create direct sourcing programs. Direct sourcing does not mean “DIY hiring.” A successful direct sourcing program includes an online marketplace for talent which is continuously updated to provide a pool of ready-to-work applicants who can upload their credentials along with pay requirements, as well as other details to make the process easier. iTechnolabs will offer outsourcing of recruitment processes to boost and strengthen your brand.
It’s a delicate balance to attract fresh talent as well as collaborate with top contractors like iTechnolabs. We refer to this as an active talent pool, and the one direct-sourcing will aid in managing more effectively. If you’re aware of the potential talent that you have available to be deployed, iTechnolabs can assist you in creating major efficiencies in planning digital transformation and optimization.
