Lee Yeap

Budgeting is the backbone of a successful Talent Acquisition strategy, but many TA leaders struggle to get it right. Often, budgets are reactionary—spending spikes during hiring surges and cuts during slowdowns, leaving teams under-resourced or reliant on low-impact solutions. Our latest report dives into these challenges and offers a strategic playbook for TA leaders to rethink budgeting in 2024. Learn how to prioritize effectively, align objectives, and create urgency around investments. Link in comments. #TalentAcquisition #HRStrategy #Budgeting #TAInsights #AptitudeResearch #Recruitment #mondaymotivation

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𝐏𝐚𝐠𝐞𝐆𝐫𝐨𝐮𝐩'𝐬 𝐐𝟑 𝐫𝐞𝐩𝐨𝐫𝐭 𝐬𝐡𝐞𝐝𝐬 𝐥𝐢𝐠𝐡𝐭 𝐨𝐧 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐭𝐡𝐚𝐭 𝐦𝐚𝐧𝐲 𝐫𝐞𝐜𝐫𝐮𝐢𝐭𝐦𝐞𝐧𝐭 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐟𝐢𝐧𝐝 𝐚𝐥𝐥 𝐭𝐨𝐨 𝐟𝐚𝐦𝐢𝐥𝐢𝐚𝐫. With a 13.5% drop in gross profit (CC), shrinking client budgets, and slowed hiring processes, it’s clear that the broader economic climate is affecting recruitment businesses significantly across EMEA, the Americas, and APAC. 𝐖𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐭𝐡𝐢𝐬 𝐦𝐞𝐚𝐧 𝐟𝐨𝐫 𝐫𝐞𝐜𝐫𝐮𝐢𝐭𝐦𝐞𝐧𝐭 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬? 𝐓𝐞𝐦𝐩𝐨𝐫𝐚𝐫𝐲 > 𝐏𝐞𝐫𝐦𝐚𝐧𝐞𝐧𝐭 The demand for temporary placements is proving more resilient than for permanent roles, as companies opt for flexible hiring during uncertain times. This trend underscores the importance of expanding talent solutions and offering clients agile hiring options. 𝐂𝐚𝐧𝐝𝐢𝐝𝐚𝐭𝐞 𝐇𝐞𝐬𝐢𝐭𝐚𝐧𝐜𝐲 With candidates showing increasing caution, the conversion from interviews to accepted offers has slowed. To boost confidence in this climate, it’s essential to maintain transparency, support candidates, and reinforce the value of new opportunities. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 There is a crucial need to allocate resources where they will have the greatest impact. This approach ensures readiness for recovery while maintaining profitability in the short term. 𝐄𝐦𝐛𝐫𝐚𝐜𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 Investments in technology are proving invaluable in today’s market. Recruitment firms can consider leveraging AI and automation to improve productivity and deliver data-driven insights, ensuring both clients and candidates receive top-quality support. As our industry confronts these challenges, adopting a resilient, innovative approach will help us support our clients and candidates effectively and position us for a brighter future. https://lnkd.in/eh5VT_wU #recruitment #staffing #recruiter

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💸 COST PRESSURE 📈HR functions in larger corporates are under significant cost pressure, despite the FTSE100 reaching an all-time high today. 📉Downsizing within the function is being felt most acutely in the TA and Talent CoE's but is also impacting some HR Business Partners. 3️⃣I've spoke with at least 3 organisations looking intently for which aspects they can outsource (primarily to India) and what must remain onshore. 💰The below article is a good analysis on the FTSE100. Much of the strong share price performance is due to successful cost-cutting but companies are clearly still held back in a high interest rate environment. ❓How do you see the mood for growth and investment amongst listed companies? Edit: Actually included the link this time. Thanks Kerry Heaton! https://lnkd.in/eY86ivin

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In Korn Ferry's UK&I Total Reward team's second 2024 LinkedIn survey, 'Managing pay in uncertain economic times", we asked about annual pay review budgets for 2023, 2024 and projection for 2025. Some interesting findings when we consider this on a compound basis over that period. Most sectors will have paid above-CPI increases on average by 3.4 percentage points.....Further survey insights to follow....

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In 2025, focus on progress over perfection. To discover the key business drivers for talent acquisition, we've pooled insights from a worldwide survey of 400+ TA professionals and over 40 Korn Ferry experts to reveal the 5 key hiring trends for 2025. Read the full report. https://krnfy.bz/48msBaC #talentacquisition #trends #future

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In 2025, focus on progress over perfection. To discover the key business drivers for talent acquisition, we've pooled insights from a worldwide survey of 400+ TA professionals and over 40 Korn Ferry experts to reveal the 5 key hiring trends for 2025. Read the full report. https://krnfy.bz/48msBaC #talentacquisition #trends #future

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Discover the secrets to cultivating a culture of appreciation and its profound impact on business success in an exclusive interview with Reward Gateway's CEO in HR magazine. Learn how acknowledging DEI efforts can drive better outcomes. Full article: https://ow.ly/wcz550RQEXC #EmployeeAppreciation

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How can you build flexibility into your TA team? Creating a flexible and agile TA function is essential for building a future-ready business. ‘Embedded talent enters the chat’ 🙌 Companies often add extra headcount to their in-house team to tackle peaks in hiring demand. However, when demand drops, they face the risk of redundancy. Using an embedded talent consultancy provides you with maximum flexibility to scale your TA team up and down to suit your hiring demands without having to hire extra FTE’s in the team. At Bond Global we’ve helped scale-ups in DeepTech, CleanTech and BioTech navigate these challenges. Here’s how we’ve made a difference: ✅ Partnered with a hyper-growth EV scale-up to hire 50 heads in 50 days. ✅ Collaborated with the UKs leading wedding planning app, reducing their recruiting costs by more than 40%. ✅ Partnered with one of the UKs first crypto unicorns, saving them over £1.4M in hiring spend during their growth journey. Want to learn more about how we can support your growth? Send me a message & we can have a chat! Hannah James Ben

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A recent survey reveals that more than one-third of Gen-Z job seekers in the UK believe they've encountered bias during their job search. Is this a sign of a generational shift? Discover the insights. #workplaceequality #GenZ #careers

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𝗔𝗿𝗲 𝗮𝗹𝗹 𝗥𝗣𝗢 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲? 𝗧𝗵𝗲 𝗮𝗻𝘀𝘄𝗲𝗿 𝗶𝘀 𝗻𝗼. Not every RPO solution is created equal. The difference between a high-performing RPO and a low-performing one can make or break your talent acquisition strategy. Here’s what to look for: 𝗛𝗶𝗴𝗵-𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗥𝗣𝗢 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀: • 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝘁𝗼 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀: Top RPO providers don’t just offer generic services—they dig deep to understand your goals, creating tailored solutions that align with your objectives and culture. • 𝗦𝗽𝗲𝗲𝗱 & 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: With fast, responsive hiring processes, a high-performing RPO partner reduces time-to-fill without sacrificing candidate quality. • 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗢𝘃𝗲𝗿 𝗤𝘂𝗮𝗻𝘁𝗶𝘁𝘆: Instead of overwhelming you with unqualified candidates, they focus on sourcing individuals who meet your exact standards. • 𝗣𝗼𝘀𝗶𝘁𝗶𝘃𝗲 𝗖𝗮𝗻𝗱𝗶𝗱𝗮𝘁𝗲 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲: High-performing RPO solutions prioritize a seamless hiring journey, building your employer brand and keeping candidates engaged. 𝗟𝗼𝘄-𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗥𝗣𝗢 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀: • 𝗚𝗲𝗻𝗲𝗿𝗶𝗰 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵: Low-performing RPOs often apply one-size-fits-all strategies, which may not align with your industry needs or growth stage. • 𝗦𝗹𝗼𝘄 𝗼𝗿 𝗜𝗻𝗰𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗲𝘀: Sluggish timelines and lack of urgency can cost you top talent and lead to frustration. • 𝗛𝗶𝗴𝗵 𝗩𝗼𝗹𝘂𝗺𝗲, 𝗟𝗼𝘄 𝗤𝘂𝗮𝗹𝗶𝘁𝘆: With quantity over quality, low-performing RPOs may flood you with mismatched candidates, increasing the burden on your team. • 𝗣𝗼𝗼𝗿 𝗖𝗮𝗻𝗱𝗶𝗱𝗮𝘁𝗲 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲: An uninspiring, drawn-out hiring process reflects poorly on your company, leading to missed opportunities and a damaged employer brand. Choosing the right RPO partner makes all the difference. 𝗔𝘁 𝗕𝗿𝘂𝗻𝗲𝗹, 𝘄𝗲 𝗳𝗼𝗰𝘂𝘀 𝗼𝗻 𝗰𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗮 𝗵𝗶𝗴𝗵-𝗶𝗺𝗽𝗮𝗰𝘁, 𝘁𝗮𝗶𝗹𝗼𝗿𝗲𝗱 𝗥𝗣𝗢 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝘁𝗵𝗮𝘁 𝗱𝗿𝗶𝘃𝗲𝘀 𝗴𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆—from hiring speed to quality candidates and beyond. Interested in taking your recruitment strategy to the next level? Let’s talk! #RPO #BrunelRPO #myteamisbetterthanyours #TalentAcquisition #HiringExcellence #Brunel

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Transform your company's recruitment strategy with BridgeIN: Book a quick 30-minute discovery call today to explore how we align with your goals, bridge skill gaps, and access top talent. #netherlands #recruitment #expats

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📊 Discover Key Insights from Flo Recruit's Latest 2L Recruiting Data! 📊 Missed our June webinar? Dive into our latest blog to download the slides with 2L recruiting data. From interview volumes to format preferences, our comprehensive analysis provides a detailed look into the current recruiting landscape. 👉 Follow the link below to download. #LegalRecruiting #LawStudents #RecruitmentData #LegalTech #LawyerLife #LawSchool

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🔍 The Future of Work: Why It Matters to Us 📄 In 2021, we boldly redefined our purpose: ‘To Eliminate Bias, Privilege and Inequality within Talent Engagement.’ This mission drives us to constantly challenge ourselves, learn, adapt and evolve - even when it's uncomfortable. Our latest whitepaper, "The Future of Work Whitepaper - Insights into Diversity and Inclusion within the external workforce," reflects this commitment. It provides valuable insights from industry experts and practical processes that you can adapt into your hiring process. 🔗 Sign up here for your copy today https://lnkd.in/erAC3VZX It's time to shift the mindset. Join our movement toward building a Diverse and Inclusive workforce. #OUKFutureOfWork #DiversityAndInclusion #TechRecruitment #EquityDiversityAndInclusion

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“Imagine missing out on the ability to accelerate recruiting processes, instantly analyse data, predict trends and innovate your offerings.” A compelling piece about recruitment marketing firm Recruitrics' method of scoping and integrating AI tools into their systems and processes, demonstrating that when it comes to the adoption of AI in your business, standing still is not an option. Read more here: https://lnkd.in/ebZbQb3W #ai #generativeai #artificalintelligence #chatgpt #ailearning #machinelearning #chatgpt4 #aitechnology

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Is your workforce evolving fast enough? ✨  According to 45% of large UK companies, most positions they will need to fill by 2030 do not exist today.  Our business insights paper, Striking the Right Balance Between Talent and Tech: The Value of Human Skills, shows how you can navigate this shift so that you’re recruiting future-proof talent who will deliver maximum productivity for your business.  👉 Learn more about leveraging human skills in a world of tech: https://bit.ly/4elwS0F  #AI #Technology #Talent #SoftSkills #Business #AdeccoUKI #AdeccoInsights 

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Skill gaps present a major issue for talent leaders this year, finds our latest Talent Trends report as reported by HR Brew. Francesca Campalani, global head of experience and innovation at Randstad, suggests that leaders "use talent intelligence to understand the skills your organization needs today and will need in the future to prioritize skilling resources that will be key to successful transformation." Take a look at what else our report recommends here to tackle this issue ⬇️

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Recruiting has evolved from a basic HR task to a key business strategy. Today’s organisations use automated processes to boost efficiency and tap into diverse talent pools. A data-driven recruitment strategy aligns your workforce with business goals, enhances workflow, and builds employer branding through effective marketing. At LHH, we assist in crafting effective recruitment strategies to streamline hiring and meet business objectives. Our article highlights key strategies to measure and maximise your recruitment ROI: #LHH #Recruitment #BusinessStrategy

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Understanding where the talent tech market is headed is essential when developing an effective tech strategy and plan. Navigate the multitude of talent acquisition technologies to build an effective tech stack using insights and best practices from industry experts with Jonathan F. Kestenbaum. #Talent #HR #TalentTechnology #AI #ArtificialIntelligence #Tech #Technology

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