Recent research reveals that talent loss is the primary concern of company directors. As such, midsized business are most vulnerable to talent loss.

With organisations struggling to meet skills demands in an era of talent scarcity, small to medium-sized organisations often suffer the most.

The main challenges for smaller organisations include limited resources to compete for talent that larger organisations typically attract, reducing time to hire, and loss of key staff who are difficult to replace.

HR Dive reports on a recent Randstad Sourceright white paper about how external specialists can give midsize organisations a leg up in their competition for talent:

Managed service programs are carried out by third-party teams that operate in-house to help midsize companies grow. [They] provide resources that midsize companies often have trouble accessing, such as talent analytics…  

 

A team of dedicated talent advisers are charged with streamlining and carrying out hiring processes, while curbing companies’ costs.

External consultants can deliver high-quality candidates from various talent categories, giving midsize organisations business agility. This process increases efficiency by reducing time to hire and associated costs, as well as adjusting staffing according to business goals and the market.

Source

Third-party assistance can give midsize companies a boost in competition for talent

Valerie Bolden-Barrett

HR Dive

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