Industry research shows a stark decline in satisfaction of talent acquisition efforts in 2023 compared with 2022. Talent teams continue to face headwinds from economic turbulence, internal resource constraints, increased competition for talent, and other factors. As a result, the need for talent acquisition solutions that deliver a strong and consistent ROI has risen significantly as a top priority.
To help talent teams gauge an anticipated ROI with Symphony Talent solutions, a third-party research firm conducted independent research, consisting of multiple in-depth interviews across Symphony Talent’s largest and most proactive accounts. Insights gleaned from these interviews highlighted the specific challenges that Symphony Talent resolves, delivering a quick and compelling ROI. This data serves as the foundation for our ROI calculations.
As Symphony Talent CEO Kermit Randa shared, “Conducting due diligence when investing in a new talent acquisition or branding solution should include exploration of the anticipated ROI. What makes our ROI tool unique is that it’s built on real client data, enabling talent teams to get a true view into what they can expect by partnering with Symphony Talent.”
All companies, in every sector, are finding challenges in navigating today’s fractured state of talent acquisition. The good news is, there are many areas of opportunity and recruitment tactics that can lead to quick wins for your organization and long-term recruitment success.
Clients interviewed for this study noted consistent operational and cost challenges in recruitment marketing and hiring. Four universal concerns that Symphony Talent supports include: