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November 15, 2024

The Great “Efficiency Reset” in Recruiting?


In the last year, but especially in the last three months, I’ve seen a large increase in recruiting leader efforts to find efficiencies, cost savings, and ROI from time / money spent. 

The reasons for this are many. Some leaders are getting direct mandates to reduce spend. Some are working to reset their strategies to a smaller volume of requisitions. And some are just reading the writing on the wall and deciding to do a healthy ROI audit of their strategies. 

Regardless of the reasoning, though, the point remains: This is the largest reset to the University Recruiting market I have seen in my eight year career in the space. 

In response, we’ve launched a large initiative to study the ways recruiting leaders are tightening and streamlining their strategies. 

So far, we’ve identified 77 unique actions leaders have taken. Anything from moving a career fair virtual to restructuring their entire teams. 

And, from there, we have been synthesizing the coherent strategies leaders are working behind – and the returns they’re finding from those approaches. For example…

  • Recruitment Process Outsourcing: Do leaders actually find savings?
  • Zero-Waste School Engagement: How many schools do we actually need to target?
  • The “All-Talent” Recruiter: Are we more efficient if recruiters own all talent types?

 

We will continue to study these and other similar questions in the coming months. And, we’ll update you on findings as we do.

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