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Move Beyond Cost Per Hire

Move Beyond Cost Per Hire

Move Beyond Cost Per Hire

Traditionally, the job of a talent acquisition professional ended when a position was filled. In most cases, they...
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Move Beyond Cost Per Hire

Traditionally, the job of a talent acquisition professional ended when a position was filled. In most cases, they performed in a transactional manner and once the candidate was hired, the recruiter moved on to the next position.

Years ago, that type of transactional approach may have been sufficient as but now, with change advancing at a breakneck speed and the war for talent as intense as ever, a more strategic approach is needed. Talent acquisition needs to be about more than just cost per hire.

That is one of the conclusions from the third report of the series, the Talent Forecast. We surveyed more than 1,100 talent-acquisition professionals around the world about the overall market for talent:

  • Part 1 – focused on how it has become more difficult to find talent over the past year while.
  • Part 2 – highlighted how many firms still view recruiting as a transactional activity.
  • Part 3 – recruiters highlighted not only the measurements of their own effectiveness, but also what keeps them up at night.

The job recruiters across the world are under pressure to not only hire people but as soon as possible. But while “time to hire” is the most important metric for talent acquisition professionals, retention and the employee’s performance are right behind. Our global study sheds lights on key challenges facing talent acquisition professionals and the exciting times of change in the recruitment function.

Download the reports now.

Download the Talent Forecast report series

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Korn Ferry is a global organisational consulting firm. We help clients synchronise strategy and talent to drive superior performance. We work with organisations to design their structures, roles, and responsibilities. We help them hire the right people to bring their strategy to life. And we advise them on how to reward, develop, and motivate their people. Our 7,500 colleagues serve clients in more than 50 countries.

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