If your in-house HR recruitment team is running low on bandwidth when it comes to hiring the right candidates on a consistent basis, then it's time to consider bringing a total talent management source on board to fill the company's needs.
By doing so, you'll free up time for your staff to focus on other important projects that need their attention. It may also prove to be a cost-effective time saver for the department in the long run, as you’ll attract and retain some of the best talent in the business—permanently or on a temporary basis.
Below a panel of Forbes Human Resources Council members each share a benefit that has resulted in using total talent management sources.
Forbes Human Resources Council members share their insights.
Photos courtesy of individual members.1. Consistent And Transparent Search Cycles
The most significant benefit of TTM is the consistency of the process, which allows for transparency throughout the cycle. It enables leaders to measure each component in the process and create the metrics to track it. That will drive results. With one source of the truth, you can view where you have breakdowns or time wasters that are slowing down your hiring process. - Diana Newmier, CHRO to Go
2. Superior Insight Into Talent Acquisition
Optimizing a workforce ecosystem has a lot to do with the right deployment of talent. Total talent management gives organizations an overview of how to best acquire and allocate top talent. This “blended” model of full-time and contingent workers enables companies to be flexible and adapt nontraditional talent sources under one comprehensive strategy without compromising on quality and expertise. - Christopher Abbass, Talentful
3. Brand Control
When you choose the right talent management partner, it allows you to harness a level of expertise that you wouldn't have otherwise, while still maintaining governance and brand control. When you view it as leveraging expertise rather than relinquishing control, it truly gives you the best of both worlds. - Jenna Hinrichsen, Advanced RPO
4. The Formation Of Strategic Partnerships
TTM is grounded in trust for a transparent, win-win partnership with industry experts that will grant better access to best-fit workers and a deeper understanding of the dynamic labor market. This holistic process allows for faster delivery of top talent, cost savings with process improvement, quality control of poor hiring practices and visibility for greater organizational design. - Stella H. Kim, HRCap, Inc.
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5. Elimination Of Traditional Talent Silos
The primary benefit of TTM is that it integrates direct hire and contingent staffing talent solutions to create a holistic approach to workforce management. This allows organizations to make resourcing decisions and align the right talent, which is based on the task at hand, regardless of resource type, instead of being constrained by traditional talent silos. It will also result in a higher quality of hires. - Lynne Marie Finn, Broadleaf Results
6. Access To Recruiting Specialists
Though employers know what positions they need to be filled and the skills needed to fill them, they are not recruiting experts (unless that is their specialty). Outsourcing the recruiting function can give employers access to top talent, allowing recruiting experts to source, screen, interview and qualify candidates while employers focus on running their business. - John Feldmann, Insperity
7. Improved Productivity
A total talent management source can respond to larger business plans while also improving productivity, cost savings and access to talented workers. A true partner will work with both employees and employers to find the right fit for each job opening. They have access to talented workers and can match them with the positions available at your company, ultimately saving on onboarding costs. - Leigh Yanocha, Knopman Marks Financial Training
8. Flexibility And Compliance
There are many benefits associated with total talent programs including greater flexibility, cost savings and improved compliance. A holistic view of the entire workforce is critical to driving strategic business decisions. Talent is talent, regardless of whether it’s permanent or contingent. - Kim Pope, WilsonHCG
9. Training And Development
Training and development is an increasingly important benefit of using a total talent management source. Employees today expect employers to offer the tools needed for personal and professional development. A developed and well-managed training and development program can also help with recruitment and retention efforts. - Niki Jorgensen, Insperity
