Uncovering Hidden Gems: The Power of Passive Candidate Sourcing

Passive candidate sourcing is all about finding top-notch talent who aren’t actively job searching. This allows you to tap into a wider pool of talent that you might not have access to through traditional methods, such as job postings or referrals. We’re talking about the gems who might not be looking, but could be game for a new opportunity if the right one comes their way. 

A LinkedIn survey showed that the majority of the world’s workforce, up to 70%, consists of passive talent who aren’t actively seeking job opportunities but might still be interested in new possibilities. Additionally, a study conducted by Indeed revealed that 72% of employers believe that sourcing passive candidates enables them to find superior candidates, with 90% considering it to be a critical aspect of their recruitment strategy.

Talent sourcing is an essential element of building a robust talent pipeline and scaling your team, but it takes a lot of time and effort for the following reasons : 

• Passive candidates are often not actively seeking job opportunities, which means they may need more convincing and relationship-building before they consider a new job offer. This requires a more personalized and strategic approach to outreach and engagement that takes time and effort to execute effectively.
• Passive candidate sourcing typically involves identifying potential candidates who are not actively job searching, which can require more research and effort to find. This includes identifying and engaging with candidates on various channels, such as social media, professional networks, and industry events, which can take time to sift through and connect with the right candidates.
• Building a pipeline of passive candidates takes time and requires consistent effort. It’s not a one-time process, but rather an ongoing effort to build relationships and keep potential candidates engaged over time, so they are more likely to consider a new job opportunity when the time comes.

Oftentimes, recruiters have limited time to dedicate to sourcing, especially if they are responsible for a wide range of recruitment activities, such as candidate screening, interviewing, and onboarding. This is where our SOURCE service can help. Here are some reasons why we’re the best in the game : 

1. Multitouch candidate engagement and nurturing – we leverage a variety of channels to engage with potential candidates, such as social media, email, and personalized outreach, to build long-term relationships.
2. Automated lead generation, hire at scale – we offer an automated lead generation solution that allows recruiters to easily identify and engage with potential candidates across various channels.
3. Ready-to-talk candidate leads directly to your inbox – this streamlined approach to candidate sourcing helps recruiters save time and ensures they have access to top-notch talent who are interested in new opportunities.
4. Data-driven market insight and mapping – through the use of advanced analytics and AI-powered technology, we can deliver valuable insights on industry trends, talent availability, and competitor activity.
5. Subscription based growth with unlimited hiring – our subscription model offers organizations the ability to plan and budget for their recruitment expenses, resulting in cost savings and predictable costs.

Passive candidate sourcing can be a time-consuming and challenging process, but it’s essential to building a robust talent pipeline and finding the right candidates for your organization. In today’s competitive job market, talent sourcing is a necessity to any smart recruitment strategy. With SOURCE, you get instant access to a wider pool of top-notch passive candidates, giving you an edge over your competitors on building relationships with great talent that could become your next big hire. 

Schedule a strategy session with us to learn more.