Executive Summary: There is growing concern among corporate and HR leaders at many enterprises about quality-of-hire. While all readily acknowledge its importance, few, in fact, actually do what is needed to pursue it. Instead, they focus on time and cost-factors they can easily measure. Now, however, multiple forces are working to compound the problem by shrinking and altering the pool of workers from which all organizations must draw, resulting in changes that will make it increasingly difficult to recruit high caliber talent.
To compete effectively in the new recruiting environment, employers will need to more clearly focus on quality-of-hire and become better at implementing processes, systems and metrics that allow them to recruit and hire top talent. Today, comprehensive, integrated, easy-to-use, recruiting management solutions can give companies a powerful competitive edge in finding and hiring top talent-an advantage that will grow more powerful as the nation's talent pool evolves.
In order to overcome these flaws, a new generation of talent management solutions have been developed. These new solutions are designed to better serve the needs of companies that want to more effectively attract, develop, assess, reward, and retain people with the required skills and competencies to meet an organization's current and future business needs.
