2023 Research Report: The State of Talent Sourcing
Over the past few years, companies have built sourcing teams, invested in new solutions, and reevaluated their capabilities. Yet, according to Aptitude Research, 75% of companies are not satisfied with their approach to sourcing today and 1 in 2 companies are still not effectively tracking their source of hire. With constant changes in the economy and future of work, sourcing often remains the weakest link in any talent acquisition function.
As a result, companies are rethinking and reprioritizing their investment in sourcing this year. Sourcing is the most fundamental area of talent acquisition. Organizations are unable to recruit and retain talent until they have sourced quality candidates. And, with changes in the labor market, companies need to think differently about traditional sourcing methods and measures of success.
This report based on data collected in 2022 and 2023 will take a closer look at the modern sourcing function including the challenges, strategies, and technology enablers.
It will help companies at any stage in sourcing to answer the following questions:
- How has investment in sourcing changed over the past few years?
- What are the obstacles companies face with sourcing?
- What capabilities and skills do companies need for sourcing?
- What role does technology and AI play in sourcing today?
- What metrics should companies track when sourcing talent?