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Talent Acquisition in 2024: business as usual, or is it?

Talent Acquisition in 2024: business as usual, or is it?

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At the start of 2024, it may seem the world is slowly returning to the normality of pre-pandemic hiring. But at the same time, subtle shifts are emerging globally and regionally. Vacancy rates have been dropping, and the talent pool is widening, but the competition for in-demand skill sets hasn’t budged. We have asked our global CEO Jake Zabkowicz for his insights and predictions for the talent market of 2024 as part of our series ‘CEO insights’.

2024 poses challenges for employers, as every year does. At the same time, I think it will be a year of tremendous opportunity, and employers who embrace innovation and adaptability will lead the way.”

“Amidst skill shortages, emerging technologies, and salaries catching up with inflation, many employers place greater emphasis on internal mobility, revised benefit and salary packages, and flexible working. This is an ongoing trend from the shifting dynamic between employers and employees that originated in the pandemic and subsequent years” says Jake.

“Newly emerging in 2024 is the focus on project-based recruitment, which I see becoming a norm rather than an exception. At Hudson RPO, we’ve seen requests for project RPO when organizations experience a sudden increase in activity, launch new products, or expand into new territories that require specific, niche skill sets to support new ventures.”

Talent success in 2024

Business-as-usual hiring will accelerate towards the end of the first half of the year, supported by project-based hiring and a skills-based approach to talent and development. What does that mean for talent acquisition teams?

“Successful talent acquisition teams will further integrate into key business decision-making. Increasingly, I have seen a move away from expensive, disjointed agency approaches to hiring. Organizations prefer a more holistic approach to talent that includes a strategic lens on talent development, workforce planning, and both permanent and flexible workforces. Whether that is in-house or through an RPO partner, this consultative approach ensures a more resilient foundation to hiring that withstands the twists and turns of the market.”

“My advice to leaders for 2024 is to embrace the opportunities for talent acquisition with an agile mindset and data-driven approach. Especially at the start of the year, this will largely revolve around the technological advancements and the implementation of AI-enabled technologies. As the pace of hiring gradually returns to business-as-usual, supporting teams in the implementation of project-based and more holistic RPO solutions such as total talent, will take center stage.”

CEO insights

Jake shares his monthly insights as part of our series ‘CEO insights’. Keep an eye out for next month’s edition and more insights from our talent experts on our website and social media channels. Do you want to talk to a talent expert about the year ahead? Click here to get in touch. 

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Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

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Talent Pooling: 5 tips to optimize your talent pooling strategy

Talent Pooling: 5 tips to optimize your talent pooling strategy

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Organizations worldwide are realizing the value of talent pooling and its profound ability to positively impact the overarching recruitment strategy. Earlier this year, our expert Tom shared 5 tips for those looking to get started with talent pooling. Today, he extends his insights to talent leaders who already have a talent pooling strategy in place that want to optimize for success.

1. Be specific

A talent pool should focus on key roles and sectors that are difficult to fill and essential to your daily operations. Avoid turning it into a dumping ground for resumes. Instead, have a clear idea of when, where, and how many candidates you need, to prevent pooling individuals for jobs that may never materialize. This will benefit your recruitment team and deliver a better candidate experience.

2. Maintain high standards

Maintain high standards when filling your talent pool. Clearly define inclusion and exclusion criteria to ensure you gather the best candidates and take a consistent approach to tagging and categorizing candidates by job family and skill sets. Including too many candidate profiles will render the collected talent data useless. Monitor the effectiveness of your talent pool by evaluating key performance indicators (KPIs) regularly. Measure metrics such as candidate placement rate, cost-per-hire, and time-to-fill to assess its value.

3. Articulate your EVP

Your Employee Value Proposition (EVP) can differentiate your organization from competitors in the talent market. Clearly communicate with talent why your business is the top choice in your industry and how joining your talent pool might benefit them. It is crucial to be authentic when presenting your EVP. This approach helps new hires form accurate expectations and prevents the risk of losing them due to a disconnect between promises and reality.

4. Take a collaborative approach

Talent pooling requires a collaborative effort from your entire team. While sourcing specialists with industry expertise can build rapport with candidates, it takes collective participation to tap into extensive networks and discover untapped talent. Since talent pooling and predictive talent pooling are still underutilized, rally support from the wider business by highlighting the cost-savings and efficiency benefits talent pooling can provide. Ensure the talent pool is easily accessible for hiring teams to utilize.

5. Provide value

Remember, talent pooling is not merely about collecting CVs and filing them away. It should be a mutually beneficial relationship. Candidates need to see the value it brings them and understand its limitations (e.g., no guaranteed employment). Provide value to your talent pool members by sharing industry news, keeping them informed about hiring updates, and helping them familiarize themselves with your business.

Implementing talent pooling as a part of your hiring strategy can be a game-changer. And you don’t have to navigate it alone. Let our trusted experts handle the intricacies of talent pooling while you stay focused on your core business. Get in touch today.

Hudson RPO

Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

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Shaping the exceptional beyond the workplace

Shaping the exceptional beyond the workplace

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Earlier this year, we proudly took to our LinkedIn channel to share the outstanding achievement of our very own Ironwoman, Rev, who conquered the Port Macquarie Ironman competition. Little did we know, this was only just the start of a journey that would lead her to the iconic Ironwoman competition in Kona, Hawaii.

The Ironman World Championship, held in Kailua-Kona since 1981, stands as the ultimate challenge for athletes across the globe. It’s not just a race; it’s an ultimate test of strength, resilience, and endurance. Making it to Kona alone is a significant accomplishment, and Rev’s journey became a source of inspiration for all who followed her progress here at Hudson RPO and beyond.

The Hudson RPO community rallied behind Rev, who is our Senior Resourcing Specialist when not competing in triathlons. Prior to her Kona triumph, our onsite Macquarie Sydney team organized a baking fundraiser, showcasing the culinary talents of Jess, Ian, Carla, Melissa, Badrul, Amy, and Mandy. The unwavering support and rallying spirit of Rev’s team, whether in the professional realm or her personal endeavours, exemplify the unique and cherished team culture we foster at Hudson RPO.

group of coworkers celebrating
“I’m very grateful to this incredible team, who I consider my extended family, for always supporting and guiding me.”

On the race day in Kona, Rev showcased her prowess with astounding statistics, completing a 3.8 km swim in 1.25 hours, 180 km by bike in 7.17 hours, and a 42 km run in 6.21 hours. Rev’s journey from Port Macquarie to Kona is not just a personal triumph; it’s a testament to her dedication, commitment, and the way our teams support each other in the pursuit of excellence. Both in and outside of the workplace.

Hudson RPO

Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

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How our people shaped the exceptional in 2023

How our people shaped the exceptional in 2023

Content Team

At Hudson RPO, we’re about shaping exceptional outcomes. Every day, our people connect organizations and individuals to create opportunities and bring people and businesses closer to their ambitions. But as a team of passionate individuals, our people also shape the exceptional outside of the workplace. At the end of 2023, we wanted to take the opportunity to shine a spotlight on some of our employees giving back to their communities.

cv workshop

CV Workshop

Bobby, our Lead Recruitment Advisor in the EMEA region, took the initiative to organize a CV Workshop at his local Gurdwara (Sikh Temple). The workshop encompassed CV writing and feedback, career coaching, and open drop-in sessions, all offered at no cost.

Heart Walk

Kevin, Lindsey, Joanna and Michael from the Tampa Centre of Excellence participated in the American Heart Foundation’s Heart Walk. The Heart Walk is designed to raise awareness and funds for heart disease and stroke while promoting physical activity and heart-healthy living!   

members attending the Heart Walk

Keeping the Pinellas Beautiful

Another group from the Tampa Centre of Excellence, Bryan, Gary, Rachel and Emma attended a beach cleanup to help preserve the Pinellas and protect Tampa-Bay marine wildlife. 

“A few of us from the Tampa team rolled up our sleeves for a beach cleanup with Keep Pinellas Beautiful! Living in Florida isn't just about soaking up the sun; it's also about preserving those breathtaking beaches we all adore. Big shoutout to these awesome folks for teaming up and making a difference!”

Our partnership with BeOnHand

To make it easier for our people to volunteer for causes they care about, we’ve teamed up with the BeOnHand app that helps them find local, micro volunteering opportunities (including remote opportunities!). Our teams in the EMEA region and APAC regions currently have access to the app. Combined in 2023, the teams volunteered for a total of 368 hours, and planted a total of 5696 trees!

Bree
Bree from the APAC leadership team volunteered at an event at her children’s school for ‘icy pole duty’.
Dan (and Winston!) took three pledges in the BeOnhand app to 'Choose to Refuse' on single use plastics.
Sarah signed up for the pledge to avoid buying new clothing for 2 months and purchase second hand items instead.

Christmas Jumper Day

On a festive note to close out the year, the EMEA team recently gathered for their annual Christmas Jumper Day. It’s become a tradition over the years, with some iconic sweaters making recurring appearances (like George’s famous Tesco sweater).

As the office tradition grows, we’ve even seen top-to-toe reindeer suits making their festive debut. It’s a testament to the spirit of our team. Check out the joyful festivities in this video from last year. 

activities at community center

Community events

Emma in our APAC region spent her Sunday morning volunteering at a monthly clothes swap to minimize clothing waste, the event also featured a produce swap and a repair café. Meanwhile, Kavya gave back to her community by volunteering in the Kinder program, accompanying kids on a sponsored excursion to Werribee Zoo in Melbourne.

As we take a moment to contemplate the remarkable achievements of our Hudson RPO teams over the past year, our thanks go out to all employees that have shared their stories with us. These extraordinary stories are what makes the Hudson RPO team and culture so exceptional. As we recharge for 2024, we look forward to shining a spotlight on even more of our inspiring employees and their remarkable journeys.

Hudson RPO

Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

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Hudson RPO wins RPO of the year at 2023 SEEK Sara Awards

Hudson RPO wins RPO of the year at 2023 SEEK Sara Awards

Content Team

Hudson RPO has been crowned RPO of the Year 2023 at the annual 2023 SEEK Sara Awards. The Australian-based SEEK Annual Recruitment Awards (SARAs) celebrate the people and recruitment businesses striving for excellence in the industry.

A panel of expert judges evaluated nominees on several criteria to select the RPO of the year, including how they:

  • support and promote their client’s brand in-market,
  • apply innovation and efficiency to solutions,
  • execute business partnership,
  • drive candidate engagement.

Kimberley Hubble, CEO of Hudson RPO Asia Pacific, attended the event in the Sydney Townhall to personally accept the award: 

Kimberley Award accepting award

“Being recognised as the best RPO in Australia for 2023 underscores the exceptional commitment and professionalism of our teams who partner with their clients to shape the future of talent. This recognition is extended to each and every employee who make this team so exceptional, positively impacting businesses and careers every single day.”

This award tops off a phenomenal year for the Hudson RPO APAC team, after recently having been named the #1 RPO in APAC on the HRO Today Baker’s Dozen list, and winning the HR Excellence China (HREC) Recruiting & Staffing Solution Provider Value Award.

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Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

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Are you exploring new territories in 2024? 5 tips to build a fit-for-purpose talent strategy.

Are you exploring new territories in 2024? 5 tips to build a fit-for-purpose talent strategy.

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New year, new opportunities. Expanding into new territories is a common way to gain access to new business opportunities and unexplored talent pools. A lean and flexible talent strategy positions your enterprise to build an anytime-anywhere workforce that is ready to maximize new ventures. Alexandra, Director of Client Solutions, shares five tips to help you get started.

1: Articulate your vision

Starting a new year with an expansion strategy is exciting, but charging ahead without a plan can lead to costly mistakes. Before you execute anything, ask yourself these questions about your talent needs:

  • What level of expertise do I need to successfully enter a new geography?
  • What is my projected speed of expansion and growth?
  • What is the hiring landscape like in my target region?
  • What talent do I need to achieve my goals?

When you answer these questions, you paint a clear picture of your requirements, and whether you need to partner with an expert that knows your target market to help you succeed.

2: Cultivate organizational alignment

In an interconnected world, the linchpin to a successful talent strategy lies in effective collaboration across borders and departments. From the C-suite to HR, and the teams and departments ushering in new global teams and hires, cultivating buy-in and cross-border collaboration stands at the heart of expansions. Offer training for effective collaboration, ensure that Diversity, Equity, and Inclusion (DE&I) are integrated from the outset, and emphasize seamless communications and change management throughout.  

In unpredictable markets, we've seen a big uptake in expansions into new global regions where talent pools, currencies and economic climates look more promising and stable. In an interconnected world, opportunities are endless. A robust talent strategy ensures you are ready to maximise these prospects.”

3: Craft a compelling employer brand

Your employer brand is the cornerstone of a successful global talent strategy. Create a positive, dynamic brand that transcends borders. Utilize regional job fairs, localized career websites, and targeted social media campaigns to showcase your workplace culture. Engage with local universities and professional associations to establish your presence. Keep it authentic; your employees are your best brand ambassadors.

4: Leverage HR technology and AI for efficiency

Every moment counts when expanding your business. Underpinning your recruitment process with HR technology and AI can be a game changer. These tools have the potential to streamline your hiring journey and provide the efficiency needed to focus on more strategic elements of talent acquisition. For example:

  • Optimized search: AI-driven Applicant Tracking Systems (ATS) refine and expedite the search for qualified candidates in a new territory.
  • Automated communication: Utilize AI for chatbots and automated emails to maintain seamless candidate interactions while get your team in place.
  • Predictive analytics: Harness AI to analyze data, offering insights into hiring trends and forecasting future talent needs.
  • Cost-effective automation: Implement AI to automate routine tasks, freeing up time for strategic decision-making in recruitment.

5: Evaluate and iterate with data

Results matter in the world of global talent acquisition. Leverage data analytics and feedback from managers, candidates, and employees to continuously evolve your strategy. Evaluate metrics such as candidate quality, talent retention rates, and social media engagement. This data-driven approach informs strategic adjustments, allowing you to replicate successful practices across different regions.

Hudson RPO has extensive experience in building and expanding recruitment strategies on a local and global scale. If you’re ready to explore new territories in 2024 and build a fit-for-purpose talent strategy, get in touch with our talent experts today.

Hudson RPO

Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

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