Defining Embedded Hiring

Embedded hiring, often known as in-house recruiting or corporate recruiting, is an approach in which an organisation establishes its internal talent acquisition team. This team is dedicated to identifying, attracting, and onboarding top talent for the company. Unlike traditional recruitment agency hiring or relying solely on internal HR departments, embedded hiring is a hybrid model that combines the best of both worlds.

The Importance of Effective Talent Acquisition

In the dynamic world of business, a company’s success is closely tied to the quality of its workforce. An effective talent acquisition strategy is a cornerstone for achieving this success. To understand the advantages of the embedded hiring model, it’s essential to compare it with the traditional approaches of internal hiring and using external recruitment agencies.

Advantages of the Embedded Hiring Model

Cost Efficiency
One of the most significant advantages of embedded hiring is cost efficiency. Maintaining an internal talent acquisition team often proves to be more cost-effective in the long run compared to engaging external agencies. While recruitment agencies charge substantial fees, an internal team’s costs are typically fixed and may even lead to savings over time.

Cultural Alignment
Internal hiring teams have a unique understanding of the company culture, values, and vision. This cultural alignment ensures that they can identify candidates who not only possess the right skills but also fit seamlessly into the organisation’s ethos. This is a crucial advantage over external recruitment agencies that might struggle to grasp the nuances of a company’s culture.

Faster Hiring Process
Embedded hiring teams are usually more agile and responsive to the company’s hiring needs. They can streamline the hiring process, reducing time-to-fill positions, and ensuring that the business doesn’t miss out on top talent due to delays in the recruitment cycle.

Enhanced Expertise
Internal teams can develop specialised expertise in the industry and the company’s specific needs. This in-depth knowledge allows them to identify candidates with a closer fit to the required skill sets, making them more adept at making informed hiring decisions.

Improved Candidate Quality
Embedded hiring teams often attract high-quality candidates who are genuinely interested in the company’s vision and culture. This leads to a higher retention rate and lower turnover, saving the company further costs associated with recruitment and training.

Enhanced Employer Branding
A strong internal recruitment team can contribute significantly to building a positive employer brand. Candidates are more likely to have a positive perception of a company that invests in its internal recruitment process, which can result in a more extensive pool of potential candidates.

Internal Hiring: Pros and Cons

Familiarity with Company Culture

Internal hiring teams have a unique advantage in understanding and promoting the company’s culture. They can identify candidates who are likely to integrate well into the existing work environment.

Limited External Perspective

However, internal teams may have a limited external perspective, potentially resulting in overlooking exceptional candidates who don’t fit the existing company mould.

Potential for Biases

Internal hiring processes can sometimes suffer from biases, as familiarity with existing employees might influence hiring decisions, inadvertently leading to a lack of diversity.

Traditional Recruitment Agency Hiring: Pros and Cons

Specialised Expertise

Recruitment agencies often have a deep understanding of specific industries and can quickly find suitable candidates.

High Costs

Engaging recruitment agencies can be expensive, with fees typically linked to the salary of the hired candidate.

Limited Engagement

Recruitment agencies may not be as invested in the long-term success of a candidate within the company, as their primary goal is to make a successful placement.

embedded hiring for Miro from Troi

Saving €1,150m annually on recruitment costs.

Miro needed to hire exceptional talent rapidly so Troi was brought in to hire across Product, Design, Product Ops, Data Science, Data Analytics, and Product Analytics.

Shaping the Future of Talent Acquisition

Making the right hiring decision is a critical factor in a company’s success. Embedded hiring offers numerous advantages, from cost efficiency to cultural alignment, which can significantly impact an organisation’s ability to attract and retain top talent. However, it’s essential to recognise the pros and cons of each hiring model and tailor your approach to your organisation’s specific needs.

As the business landscape evolves, the future of talent acquisition will continue to adapt. Staying informed about the latest trends and embracing innovative approaches like embedded hiring is key to ensuring that your organisation remains competitive and successful in securing the best talent.

embedded hiring model with Troi

The modern take on a traditional RPO model.

With a hiring landscape filled with accelerators, co-working spaces, and events geared towards attracting high quality candidates seeking fast paced working, career progression, and first class retention packages, Troi sees the Netherlands as one of the world’s most interconnected economies.

 

A tech-focused company with a strategic led approach to embedded hiring in specialist tech and commercial roles designed to save you time, money and resources.

We’ve helped over 150 clients globally surpass their growth targets by hiring and retaining incredible talent and we want to help you do the same.