TalentTrack, the Ohio-based provider of Recruitment Process Outsourcing (RPO) solutions, conducted a study reviewing the achieved results of the top two models in RPO solutions over a four-year period. The study pinpointed a pitfall in one model, causing companies to realize only half as many hires as the other model. The pitfall also adds costs and time to the process of searching for talent. Significantly, the study also found the pitfall causes qualified candidates to lose interest and look at other opportunities.

The search for talent is high on every company’s agenda. In today’s highly competitive business environment where knowledge and innovation are keys to success, people are increasingly important assets. Yet, employers are faced with retiring baby boomers, fewer younger replacements, and the U.S. Bureau of Labor Statistics’ projected labor shortage of 10 million workers in 2008. With many unfilled positions and industries with critical talent shortages, the recruitment process has become highly competitive.

To address this challenge, companies are turning to two different models in outsourced recruitment strategies to increase qualified candidate traffic. “Both models drive a positive return on investment, increase qualified candidate traffic by 50-100%, and result in more hires than are achieved by in-house recruitment departments; but there is a significant difference in outcomes between the two models,” explained Kim R. Davis, president, TalentTrack.

“The competitive arena makes it imperative that employers avoid pitfalls in their recruitment strategies,” said Davis. “Yet, our study found that, regardless of a company’s good intentions, there was not a single incident over four years where the pitfall scenario did not occur.”

The study findings were consistent across industries. More information and a white paper reporting the study’s findings are available upon request at TalentTrack.

About TalentTrack

TalentTrack is a national provider of Recruitment Process Outsourcing solutions. It partners with clients to create a customized solution to fill high-volume/difficult-to-fill positions in healthcare, financial services, and other industries. TalentTrack combines people and technology to deliver a seamless approach. The entire recruitment process is managed from planning through on-boarding and retention, with guaranteed results.

Website: http://talenttrack.com