How leading companies use TalentNet to change the way they hire.
A Unique Strategy for a Direct Source Program – How a Leading Health Insurance Company Met Their Contingent Hiring Goals
A leading health insurance company aimed to decrease dependence on third-party suppliers and overall labor costs, while expanding their contingent and seasonal hiring program. Their goal was to hire top-quality talent more cost-effectively and efficiently.
TalentNet worked with the company through Program Readiness - a data-centric decision-making workshop. The organization met with our experts and built an internal curation team to support their hiring strategy. They also made use of our intuitive Direct Sourcing platform to easily find and contact both new hires and trusted previous contractors who worked at the company before.
The health insurance company met their hiring goals in the first year working with TalentNet, then went on to double these goals, with 3,700+ people hired in over 40 locations across the U.S. since initial engagement. They also grew their talent community to 116,437 members while achieving a cost avoidance of $29.1M, totaling a 25% cost avoidance / savings. The organization was able to improve its efficiency and reduce costs by running over 67% of their spend through Direct Sourcing.
A Time of Dramatic Growth – How This social Media Giant Centralized Its Contingent Workforce Network While Increasing Fulfillment Rates
A global social media giant faced hiring challenges during rapid growth, with managers relying on personal networks for contingent hires, leading to a lack of control and difficulty re-engaging top talent. Without established Talent Communities, managing their contingent workforce became inefficient.
TalentNet’s Program Readiness workshop helped the company implement Direct Sourcing best practices, including leveraging its brand, improving internal communications, and appointing champions to promote the company’s value. This enabled better tracking, re-engagement, and the creation of a global Talent Community.
The program increased fulfillment rates from 12% in 2021 to over 50% by 2024, saving millions annually while growing a U.S. Talent Community to over 68,000 members. Enhanced control over the contingent workforce shortened time-to-fill and improved worker retention. This streamlined the onboarding process and reduced the need for long-term rehiring, enabling the company to build stronger, more effective teams for long-term success.
Financial services company achieves significant cost savings through AMS and TalentNet’s Direct Sourcing partnership
As a major player in the financial services field, this organization was interested in leveraging leading-edge Direct Sourcing solutions to cut costs, improve candidate quality and create a more seamless candidate experience.
The organization engaged AMS, which then engaged TalentNet to create an end-to-end solution that met its unique hiring needs. AMS provided top-tier recruitment support while using TalentNet’s intuitive Direct Sourcing platform to build a robust Talent Community.
Through TalentNet’s guidance and AMS’ delivery, the company saw a 400% increase in Direct Sourcing program headcount in 2023 compared to year 1 of the program, while also achieving in excess of 20% savings on average across the program. It was also able to grow its Talent Community by 460%, hiring 60% of the roles received by the Direct Source program using its talent pool.
Gas and oil giant surpasses hiring goal after revamping its Direct Sourcing program
TalentNet revamped the company’s Direct Sourcing program, enhancing hiring speed, refining practices, and implementing a new communication strategy. Key changes included a 48-hour Curator exclusivity period, integration of new publication sources, and provision of client domain emails. Operational workflows were optimized, stakeholder alignment ensured, and roles with the Curation partner redefined for seamless integration and branding adoption.
TalentNet implemented several changes to allow for quicker hiring, improved best practices, and the successful rollout of a new communications strategy. These changes included implementing 48-hour exclusivity for curators, setting up new publication sources like Indeed, and adding client domain emails for every team member.
In 2023, the company surpassed its hiring goals, filling 70% of its open roles for the year. In Q4, the organization was able to reach a 92% fulfillment rate.
Building trusted talent communities through global expansion: Supporting Capgemini
Capgemini leveraged a Direct Sourcing technology to streamline their extensive contingent workforce program, prioritizing the identification and re-engagement of former workers to build robust global talent communities.
TalentNet collaborated with Capgemini to efficiently source experienced talent, creating global contractor talent pools and re-engaging high-performing staff through a user-friendly platform. With expertise in data privacy and SOC 2 Type II compliance, we worked closely with Capgemini's local data privacy offices to ensure region-specific privacy law compliance, garnering support from Procurement, HR, and Curation teams globally, and ultimately taking ownership of the successful global expansion project.
Capgemini expanded into India, the UK, France, the Netherlands, and Belgium after a successful U.S. program proof of concept, establishing a global Talent Community of 100,000+ members, including over 17,000 trusted former workers. The organization aims to continue this momentum by expanding into new regions like Poland, the Nordic regions, and several other countries worldwide.
TalentNet + Atrium: A Powerful Direct Souring Partnership for a Premier Biopharmaceutical Company
A leading biopharmaceutical company sought to enhance its contingent hiring process by revamping its Direct Sourcing program, aiming to provide temporary talent with a seamless, branded experience similar to permanent employees and improve overall efficiency with enhanced reporting and communication protocols.
The biopharmaceutical company partnered with Atrium, utilizing TalentNet's Direct Sourcing platform to build a Talent Community for contingent roles. Atrium engaged with a diverse network, leveraging corporate brand recognition, alumni connections, and targeted outreach to foster an engaged talent pool. The collaboration included workshops and implementation of best practices, resulting in an efficient and user-friendly Direct Sourcing process with a concierge solution provided by Atrium's expertise and TalentNet's technology.
TalentNet and Atrium revamped the Direct Sourcing program, achieving a remarkable 70% application ratio from the engaged Talent Community. This success, driven by proven practices and brand integration, led to continuous 20% year-over-year growth in the Talent Community, accumulating over 60,000 applications in the five-year partnership.