PeopleScout Jobs Report Analysis—March 2023

U.S. employers added 236,000 jobs in March, a slowdown from the start of the year. This shows a gradual cooling of the labor market that experts have wanted to see. The unemployment rate fell slightly to 3.5%. Year-over-year wage growth fell to 4.2%.

march jobs report infographic

The Numbers

236,000: Employers added 236,000 jobs in March.

3.5%: The unemployment rate fell to 3.5%.

4.2%: Wages rose 4.2% over the past year.

The Good

As the Wall Street Journal reports, March’s report shows that the job market is starting to cool after a very strong start of the year. This is what officials at the Federal Reserve have been hoping to see as they’ve increased interest rates in the hopes of slowing hiring, wage growth and inflation. The most recent numbers also show a decrease in wage growth, though some industries, like leisure and hospitality, are still seeing rapidly rising wages. The leisure and hospitality sector led wage growth again last month, followed by education and health services.

Additionally, more workers entered the workforce in March, boosting the participation rate for Americans considered in their prime working age to the highest level since 2001. The overall labor force participation rate rose to 62.6%, the highest rate since February 2020.

The Bad

The most recent report is starting to show the impact of recent layoffs. As the New York Times reports, several of the industries most impacted by borrowing costs shed jobs in March, including financial services, manufacturing and retail. This is difficult news for workers as we have also seen increases in unemployment claims over the past several weeks.

The Unknown

March’s jobs report does not reflect the impact of the failure of Silicon Valley Bank as the numbers reflect trends at the beginning of the month. The fallout will begin to show up in the revisions to March’s numbers in April’s report.

Additionally, the big question for experts is whether or not this cooling will be enough to slow the pace of rate hikes at the Federal Reserve. As MarketWatch reports, the slowdown is good news, but it may not be slow enough for officials. The Fed next meets May 2-3.

2022 U.S. Jobs Data and Trends Shaping Work in 2023

2022 U.S. Jobs Data and Trends Shaping Work in 2023

Exclusive Access to Jobs Data and Workforce Insights for 2023

As 2023 gets underway, hiring remains a key issue for employers across the country. The labor market is still creating jobs at a brisk pace and the number of available jobs continues to outpace the number of workers. PeopleScout is looking back at some of the trends that have shaped the job market this year — and that are likely to make an impact for next year as well.

Our newly released report, “2022 U.S. Jobs Data and Trends Shaping Work in 2023,” shares exclusive jobs data across a variety of industries plus insights on recruitment and hiring trends. Plus, we explore some of the dominant workforce trends affecting the labor market and preview the year ahead with a series of predictions.

Key information you’ll find in the report includes:

  • National job numbers for 2022
  • Workforce and wage info for several major industries
  • Breakdown of jobs seeing the most growth
  • Workforce trends and predictions for 2023

 

Get access to your report now!

PeopleScout Named an RPO Leader in APAC on HRO Today’s Baker’s Dozen Customer Satisfaction Ratings

Global RPO provider ranked as an industry leader based on buyer feedback

SYDNEY– March 8, 2023 – PeopleScout, a leading global provider of talent solutions, has been recognized as an RPO leader on HRO Today’s 2022 RPO Baker’s Dozen Customer Satisfaction Ratings in APAC. This follows the company’s ranking as an enterprise leader on the global 2022 RPO Baker’s Dozen list announced in September and on the 2022 RPO Baker’s Dozen list in EMEA in December.

HRO Today‘s Baker’s Dozen Customer Satisfaction Ratings are based solely on feedback from RPO buyers—the APAC list ranks the top RPO providers within the region. Providers are evaluated on three sub-categories: breadth of service, size of deal and quality of service.

“This recognition of our impact within the APAC region is great validation of our efforts to drive innovation in talent solutions globally,” said Taryn Owen, President & COO of TrueBlue. “We remain grateful for the strength of our APAC client partnerships that make these rankings possible and thank them for trusting us as their talent partners.”

“It is an honor to receive this recognition from HRO Today for our work within APAC,” said Tim Powell, PeopleScout’s Managing Director, APAC. “We continue to build momentum and grow our capabilities across the region, and this affirms our impact in meeting the talent needs of our clients.”

PeopleScout continues to deliver talent solutions that propel clients from now to next. In addition to its rankings on the RPO Baker’s Dozen list globally and in EMEA and APAC, the company was also named an RPO Leader on Everest Group’s 2022 RPO PEAK Matrix and a Leader in every category of NelsonHall’s 2021 NEAT Vendor Evaluation for RPO.

Learn more about the 2022 RPO Baker’s Dozen in EMEA and APAC on the HRO Today Magazine website.

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How to Scale Candidate Engagement for Total Talent Acquisition 

By Mark Fita, Global Vice President of Implementation 

An extensive amount of time and energy is put into candidate engagement, as candidate-centricity continues to dominate in a labor market of inverted supply and demand. However, the engagement strategy often focuses solely on full-time hiring. But why?  

Contingent labor is critical for responding to the fluctuating supply and demand of today’s talent market. Many organizations have increased contingent labor spend to decrease costs and increase liquidity amongst our uncertain economic environment. A total talent acquisition strategy—encompassing both full-time and contingent workers—helps organizations reduce agency costs and improve fulfillment to meet the most critical business demands. 

In our recent study, Inside the Candidate Experience 2023 Report, we found that just two in 10 candidates rate their most recent recruitment experience as positive. Candidate ghosting, long application processes, and long delays in between hiring steps have become the norm.  Clearly, organizations must improve how they’re engaging with candidates to improve outcomes across all their hiring programs.  

Keep reading to explore the differences between the permanent and contingent candidate journey, and to learn how investing in candidate engagement as part of total talent acquisition strategy improves recruitment outcomes.

A Tale of Two Candidate Journeys: Permanent and Contingent Workers

Let’s take a look at the recruitment processes for permanent and contingent workers.

Recruitment process workflows for both permanent employers and contingent workers

The strategies for engaging with and acquiring both permanent and contingent talent are often siloed.  

Typically, Procurement leaders oversee contingent labor spend, while talent acquisition leaders look after full-time hiring. Contingent hiring is also sometimes decentralized, with hiring managers taking responsibility for their own departmental hiring. The two sides are often competing for similar talent, with each side paying a premium to get workers in the door. 

Permanent hiring typically involves thorough vetting with recruiters responsible for moving candidates manually through the process.  

The contingent hiring process includes various stages and handoffs, especially as suppliers pass along the candidate to the hiring manager. 

The Importance of a Total Talent Acquisition Strategy

We often see senior leaders go to their internal stakeholders to plead for 50 or even 100 workers in a particular job type to keep up with growth. Think of software developers, commercial drivers, nurses and more. These leaders are so desperate for talent that often they don’t care about the workers’ classification.  

This makes having a comprehensive total talent acquisition strategy that includes both full-time and contingent labor hiring even more critical. Silos between these recruitment processes result in poor candidate engagement. Full-time and contingent workers end up engaging differently with your brand, leading to ghosting and drop-off—and higher costs for the business. 

While employers understand the importance of the candidate experience, there is still room to grow. Some of the common pitfalls we see are: 

  • Delivering one directional communication to candidates 
  • Not tailoring the outreach and message to different target audiences  
  • Spreading the talent attraction budget too thinly across job boards and aggregators 
  • Not asking for feedback  

Now, let’s contrast that with what candidates want:  

  • A mobile-first experience  
  • Cultural immersion, regardless of worker classification 
  • Job flexibility, including remote work options 
  • A quick and easy application processes 
  • Fewer interviews and shorter assessments 
  • Real-time status feedback (No recruiter phone tag!) 

The Candidate Engagement Pyramid

So, how do you create an engaging candidate experience that gives both full-time hires and gig workers what they want? I like to think of the candidate engagement pyramid: the recruiting process, talent engagement technology and the worker value proposition. 

the candidate engagement pyramid

Why a pyramid? Because each level is built on the one below it. Organizations that focus on one area at the expense of others don’t have a solid foundation for their talent acquisition program.

Streamlining the Recruitment Process

At the base of the pyramid, an optimized recruiting process engages talent every step of the way. Candidates should drive the process and be able to self-progress throughout the recruiting workflow, regardless of whether they’re applying for a permanent or contingent role.

Focus on Your Candidates, Not Your Company

Start by focusing on the targeted talent personas. Your recruitment marketing campaigns and job postings must feature thoughtful messaging that resonates with this audience and highlights what’s in it for them—not just what your organization needs.

Make Your Career Site Work Harder for You

Over 90% of job seekers globally use career sites to search for opportunities. Streamlining your career site to provide more information and eliminate candidate confusion goes a long way to increasing application rates for full-time and contingent roles.

Is your career site easy to navigate? Have you eliminated job duplicity? For example, let’s say a large retailer is hiring across 20 locations in a major metropolitan area. If I apply to one location, will I be considered for all, or do I have to apply to each location separately? Do I need to apply for the part-time role if I already expressed interest in the full-time role? Consider adding FAQ content to your site that answers these types of questions and lays out the process for each job type.

Move to Mobile-First Applications

Next, a mobile-first, quick-apply process is a must-have. Over 90% of candidates have used a mobile device to apply for jobs. Yet less than half of employers are taking advantage of a one-click application tool. When a candidate can complete an application in less than three minutes, completion ratios are as high as 80%.

I recognize there are regulated jobs that require specific information. However, I’d encourage you to work with your legal teams to determine what you must know upfront and what you can move to a screening step or to the formal paperwork in the post-interview or offer phases.

Streamline Interviews

The shelf life of an engaged candidate is short. Phone tag leads to disengagement. If you can’t connect with candidates quickly, they’re gone. Technology is a great way to connect with candidates and speed up the vetting process. You could introduce pre-recorded digital interviews, screening questions delivered and answered by text message, or even automated interview scheduling tools.

The more interviews a candidate must complete the more likely they are to drop out of the process. Obviously, if you’re looking for a senior executive, they need to be thoroughly vetted. However, a panel interview for a hospitality worker wouldn’t make sense, so make sure your recruitment stages match the type of role.

Make Faster Decisions

Close the candidate. Today’s competitive market requires you to make fast decisions.

If your candidate is “the one,” make them feel special and respect their time. Candidates will not wait for you, so get the offer paperwork out quickly.

candidate engagement for contingent workers

Leveraging Technology for Total Talent Engagement

Talent engagement technology is closely tied to the recruitment process. The right tools at the right point in your process can further streamline the candidate journey and prove that you value their time.

Here are some examples of how our clients leverage technology to improve their recruitment process.

  • Full-Time Candidate Journey
    Raquel submits a three-minute application via her mobile phone and receives an automated text-based assessment. Built using natural language processing, the assessment deems her a good fit against the scoring rubric. Raquel then gets a text with a link to self-schedule an in-person interview with a hiring manager as soon as two hours later. This entire process takes about 15 minutes. Raquel has an offer by the end of the day.
  • Contingent Candidate Journey
    Mario is a contractor who has worked on an assignment at your company before. He received glowing reviews and prefers short-term assignments due to the flexibility it offers him and his family. Your company has an advanced direct-sourcing platform that manages all current and former workers. This makes it easy and fast for Mario to find and apply for jobs because his information is pre-loaded. Mario was also pre-onboarded through your organization’s preferred supplier for this labor category. Now he can sign up for a variety of shifts without going through the formal vetting process.

Invest in Your Talent Tech Stack for Candidate Engagement

Here are a few tools to consider adding to your talent tech stack to create scenarios like these that will keep your potential full-time and gig workers engaged:

  • Chatbots: Chatbots help candidates submit applications, vet passive talent and even automate some of the screening process. They also support candidates by answering common questions and can even be linked to a standby live resource to assist with queries that fall outside of pre-determined content.
  • Interview Scheduling: Self-scheduling tools help the candidate take charge of their experience by allowing them to find interview slots that suit them. It cuts the lengthy back and forth of coordinating calendars, saving time and creating a frictionless experience for candidates, hiring managers and recruiters alike.
  • Digital Interview Tools: There are many options for virtual interviews, including on-demand phone interviews, text interviews as well as live and pre-recorded video interviews. Virtual interviews are mobile-friendly. Plus, they are perfect for remote workers and those with variable work schedules as candidates can record their interview responses when convenient for them.
  • CRMs: CRMs help with regular delivery of relevant communications and content to keep candidates engaged throughout the recruitment process. You can also keep permanent and contingent talent pipelines warm and ensure they’re informed about your latest vacancies and opportunities.
  • Analytics: A talent analytics suite aggregates data to empower you to increase fulfillment, decrease costs and reduce the time it takes to put a worker on the job. There are times when it makes sense to bring on a contractor or someone with less experience who can get trained in the same amount of time it takes to find the ideal permanent candidate. Recruitment analytics provides insights to power decisions like this and increase your agility in a competitive market.

Many providers offer a broad range of capabilities or act as a middle layer that brings together the best-of-breed tools to help you stay ahead. Whether you go with a technology suite or choose to leverage integrations to connect your systems, your selection should support a consistent and compliant set of workflows.

Employer value proposition for total talent acquisition

Expanding Your EVP to Include All Job Roles

Candidates today have greater expectations when it comes to work culture, flexibility, DE&I and pay equity—regardless of their working arrangement. While these expectations carry on well past onboarding, for the purposes of this article we’re going to focus on talent acquisition.

Change Your Perspective

We often talk about the employer value proposition (EVP) and how important it is to sell workers on a company’s proposition. But does yours apply to both your gig workers and permanent employees? Have you formally defined the value proposition for contractors?

Rather than using the term EVP, which implies the value is only experienced by those you employ directly, I like to use Worker Value Proposition (WVP) to make it more inclusive. Your WVP captures the essence of your uniqueness as an employer and the “give and get” between you and your workers—regardless of worker classification.

So, how do you move from EVP to WVP?

  • Boost Your Cultural Inclusion 
    First, make sure that the workers are culturally immersed in your brand. Where applicable, do your contractors get one-on-ones with managers? Are they included in company events and celebrations? Can they join ERGs? What about access to paid time off or flexible schedules? Be mindful that a person’s worker classification doesn’t change the need to do things like dropping off the kids at school, attending doctors’ appointments or running errands.  
  • Create Growth Opportunities
    Demonstrating growth opportunities is a struggle for many employers, for both contractors and employees. Has your organization invested in creating formal career paths for all its departments? Have you mapped out how workers, regardless of labor type, impact the organization and how their skillsets can translate into long-term mobility and growth?
  • Communicate Consistently
    You may be doing some of these things already, but are you communicating it during the recruitment process for both full-time and contingent roles? It’s not enough to tuck it away at the bottom of a job description. We’re helping our clients get more creative in showing their WVP through employee spotlight videos, realistic job previews, community spotlights and more.

One final note, WVP is not just a marketing exercise. The responsibility also sits with talent acquisition. Recruiters are often the first direct point of interaction between talent and your WVP, so make sure they understand their role as brand ambassadors.

Choosing a Total Talent Partner for Better Candidate Engagement

You may find yourself in a position where you need some help from a talent partner to achieve your total talent hiring goals. Here are three key things to look for:  

  1. Look for a partner with a holistic purview of the total talent landscape coupled with demonstrated success in hiring in your required labor categories. A partner should be prepared with the right market intelligence to map your talent personas against your talent market and identify, engage with, attract, and retain the talent that you need.  
  2. Your partner should have a tech stack that brings the right balance of open web sourcing, AI, and automation. Plus, these tools should introduce more candidate engagement and recruitment optimization.  
  3. Your talent partner should create a total workforce solution unique to your business that goes well beyond the traditional means of direct sourcing. They need a track record of creative problem solving, leveraging their in-house resources to enhance your social media presence, your employer brand, your DE&I strategies, and more. 

Webinar On Demand

Boosting Candidate Engagement with a Comprehensive Talent Strategy

PeopleScout Jobs Report Analysis—January 2023

U.S. employers added 517,000 jobs in January, in a shockingly strong jobs report. The growth came after several months of slowly cooling jobs numbers. The unemployment rate dropped to 3.4%. Year-over-year wage growth fell to 4.4%.

jobs report infographic

The Numbers

517,000: The U.S. economy added 517,000 jobs in January.

3.4%: The unemployment rate fell to 3.4%.

4.4%: Wages rose 4.4% over the past year.

The Good

The numbers in January’s jobs report were surprisingly strong. According to the Wall Street Journal, the unemployment rate of 3.4% is the lowest in 53 years. The monthly job growth was the strongest we’ve seen since July 2022, with the leisure and hospitality sector leading in job gains.The length of the average work week grew, which means that not only are more people working, but they’re also working more hours.  Finally, despite the strong growth and low unemployment rate, wage growth continued to soften, a good indicator of decreasing inflation.

The Bad

The bad news in January’s report is that the Federal Reserve likely has more work to do to combat high inflation. According to the New York Times, Fed officials have said that they are looking for the labor market to cool. While the slower wage growth is a step in the right direction, January’s numbers show a robust, competitive and resilient job market. Federal Reserve Chair Jerome Powell said that they will continue to watch economic data ahead of their next meetings in March and May.

The Unknown

When combined with other economic indications, January’s jobs report highlights the mixed signals of the U.S. economy. Like wage growth, inflation is starting to slow. Tech company layoffs have made significant headlines, and more job cuts are expected. Despite the strong job growth, the labor participation rate remains well below pre-pandemic numbers. Now, as MarketWatch reports, many businesses are reluctant to lay off workers that they struggled to hire in 2021 and 2022, which could help the U.S. economy avoid a recession.

What Candidates Want: Key Research Findings [Infographic]

At PeopleScout, we hear a lot of talk about the candidate experience. Most organizations understand the importance of improving how they engage with job seekers. Yet, our latest research shows that less than two in 10 candidates would rate their recent recruitment experience as excellent.

We audited the candidate journeys of over 215 organizations around the world, assigning each a Candidate Experience Quotient (CandidateXQ) score based on 40 key experience indicators, 15 of which are critical to the candidate experience. Then, we analyzed these scores alongside data gathered from surveying over 2,400 job seekers globally. The results revealed a clear disparity between candidate expectations and their reality.

Check out this infographic to explore the key findings from the Inside the Candidate Experience 2023 Report.

For more global candidate experience insights, download the full Inside the Candidate Experience 2023 Report.

The Future of Work: 4 Key Factors That Will Shape the Workplace by 2030

It’s no secret that the labor market has been volatile over the last several years, and talent acquisition teams have experienced a multitude of highs and lows. In our capacity as trusted advisors, PeopleScout analyzed patterns in global workforce trends to help our clients create informed strategies for future-proofing their workforce by examining how these patterns may affect their workforce. While we can’t predict the future of work, we think there are four key factors will shape the world of work over the next decade.

1. Flexibility

Flexibility is here to stay, and it will apply to everything from where and how we work to the roles we do and who we do them for. There will be no hard and fast rules about working hours and shifts in the future.

As life becomes increasingly characterized by change, employees will need to be agile—always ready to reskill. Learning becomes a constant, and we may even find ourselves counting AI robots as our trainers and mentors.

Flexibility and upskilling will manifest differently from generation to generation, so organizations must facilitate working arrangements for different demographics. Over the next decade, the generation gap will widen and then gradually close as Baby Boomers begin to settle down to retirement by blending work and leisure. Millennials and Gen Z will bring their progressive perspectives to work.

10 Predictions for What’s NEXT in the World of Work

DESTINATION 2030

2. Fluidity and the future of work

Globalization will enable much more cross-border, cross-company collaboration. Project teams will be established based on all sorts of factors, not just who’s in what department or which location. People will work with talent from all sorts of specialities as they move from project to project.

Technology helps to support our wellbeing as the lines between work and home become more blurred. But with new technologies come new laws, so security and compliance will also be strategically important, especially for organizations working at the cutting-edge of innovation.

3. Focus 

future of work

Organizational culture will become more important than ever before as people make career choices based on ethics, values and purpose above things like pay and benefits. More and more employees will choose to work for organizations that have a clear purpose and are committed to working in the most ethical, sustainable and socially responsible ways.

Technology also plays a role here, in helping people focus on the work that matters to them as automation takes over the mundane tasks. However, more AI and machine learning will make some roles redundant and create many others—generating even greater demand for technical, analytical and digital skill sets across sectors.

4. Forward-thinking and the future of work

Organizations will continue to compete when it comes to creating innovative new technologies and using those technologies in the most creative ways. But they’ll also be happy to pool some resources to create a better future for everyone. 

Issues like equality and climate change will continue to grow in importance, forcing organizations to find new and better ways of making social and environmental improvements at speed.

Onward, Upward and Who Knows Where the Future Workplace Will Go

You may feel more prepared for some changes more than others as we approach 2030, but it’s safe to say that there will be plenty of surprises that will require creative thinking in order to stay resilient.

PeopleScout will be on the journey with you to support, challenge and inspire you—no matter what the future holds.

To learn more about how we came to these predictions and see our research findings, check out our Destination 2030 white paper.

PeopleScout Jobs Report Analysis – December 2022

U.S. employers added 223,000 jobs in December, beating analyst expectations. The growth came despite rising interest rates aimed at slowing the job market. The unemployment rate dropped to 3.5%. Year-over-year wage growth fell to 4.6%.

jobs report infographic

The Numbers

223,000: U.S. employers added 223,000 jobs in December.

3.5%: The unemployment rate fell to 3.5 percent.

4.6%: Wages grew 4.6% over the past year.

The Good

December’s jobs report shows evidence the Federal Reserve’s strategy of increasing rates to provide a “soft landing” for the U.S. economy may be working. So, what would look like bad news in almost any other year is actually good news.  

The 223,000 jobs added to the economy is the smallest increase in the past years, as the Wall Street Journal reports, but it is still a healthy pace of job growth. Additionally, year-over-year wage growth slowed to 4.6%. Wage growth has remained stubbornly high over the past two years, and economists feared it could contribute to high inflation. December’s report helped allay some of those concerns.

The Bad

Though December’s job report was generally taken as good news, there are still some signs of unwanted weakness. As MarketWatch reports, layoffs in the technology sector are making an impact in the report. The business and professional services sector, which covers many tech roles, posted a decrease of 6,000 jobs. Additionally, while the labor force participation rate did increase in December, it still remains below prepandemic levels. This continues to contribute to the ongoing labor shortage.

The Unknown

Economists say that the slowing growth in December’s report will likely cause the Federal Reserve to slow the pace of interest rate increases aimed at slowing inflation. As the New York Times reports, the S&P 500 rose 2.3% with the release of the report. Investors have been eager for fewer and smaller interest rate increases. The Federal Reserve meets next on January 31.

[On-Demand] How to Build an Agile Workforce for Scale and Demand

[On-Demand] How to Build an Agile Workforce for Scale and Demand

Employers today are dealing with more than just a tight talent market, increased turnover and rising wages; the world of work has permanently changed —and so have candidate expectations. The demand for total talent has become more dynamic, and employers are leveraging seasonal and project-based hiring to reduce the time to mobilise internal and external workforces.

Watch this on-demand webinar in partnership with HR Exchange Network to get a real-life case study on agile hiring solutions that combine candidate experience, talent acquisition technology and dynamic insights-led sourcing, which are aligned to future workforce plans.

Global Banking School: Increasing Offer Conversion to 87% for a Suite of Hard-to-Fill Roles

Global Banking School: Increasing Offer Conversion to 87% for a Suite of Hard-to-Fill Roles

Global Banking School: Increasing Offer Conversion to 87% for a Suite of Hard-to-Fill Roles

Global Banking School (GBS), a higher education provider offering a range of sector-relevant courses, turned to PeopleScout for project RPO to fill 35 professional and academic roles across eight campuses in London, Manchester, Birmingham, and Leeds.

87 % Offer acceptance rate across all roles
Increased diversity within roles filled through targeted messaging and sourcing
Increased diversity within roles filled through targeted messaging and sourcing
Enhanced candidate and hiring manager experience
Enhanced candidate and hiring manager experience

Situation

GBS needed to fill 35 roles across a range of job families and levels, including professional and academic positions. They had a challenging timescale of just four weeks to go-live.

GBS was facing several challenges:

  • Some of the roles had been out to market several times, in some cases for up to a year, with little traction.
  • As an educational institution, face-to-face teaching is a vital part of the student experience, and therefore essential for the client. GBS needed this to apply to staff availability as well and wanted to avoid a two-tiered approach for academic and non-academic roles. This meant the client was unable to offer remote or hybrid working models. In a market where candidates have more choice around how and where they work, this resulted in a low interest from candidates.
  • Sourcing from other higher education institutions and universities meant the audience was hard to engage.
  • Hiring managers were disengaged due to high workloads. Plus, the previous recruitment processes were transactional and didn’t keep candidates engaged.
  • The hiring managers also had competing priorities, which meant the overwhelmed internal recruitment team were struggling to obtain the required information to fill the roles.

Solution

Our dedicated and skilled recruiters became an extension of the in-house team, optimizing and managing GBS’s recruitment process from attraction to offer for a four-month project RPO solution. PeopleScout managed each position in its entirety, from briefing through to verbal offer acceptance, including creating a sourcing and attraction plan for each role.

Our team seamlessly integrated into the organization’s culture, mapping the end-to-end candidate journey in collaboration with hiring managers. PeopleScout very quickly became trusted colleagues with the in-house recruitment team, and through our consultative approach we offered recommendations based on our labor market research and feedback.

A dedicated PeopleScout recruitment marketer was brought in to reimagine the organization’s messaging, job descriptions and attraction channels. GBS received a suite of copy, both bespoke to individual roles and templates which they could use into the future. Our recruitment marketing strategy included a social media attraction campaign featuring a one-click application.

On top of these attraction efforts, we directly sourced passive candidates to raise GBS’s profile in the market. Throughout the project, we gathered market feedback and tracked hiring metrics, presenting it through customized dashboards to guide hiring decisions. GBS received weekly analysis of market insights, salary benchmarks and candidate feedback.

Result

Our consultative approach to hiring and tailored strategies for each role resulted in:

  • An 87% offer acceptance rate.
  • An enhanced candidate and hiring manager experience.
  • Increased diversity within roles filled.

At a Glance

  • COMPANY
    Global Business School
  • INDUSTRY
    Higher Education
  • PEOPLESCOUT SOLUTIONS
    Recruitment Process Outsourcing, Talent Advisory
  • ABOUT GBS
    Global Banking School (GBS) is a higher education provider with campuses across the United Kingdom. GBS offers a range of courses in banking, management and healthcare designed to enhance students’ career prospects in the financial services industry.