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The Big Picture San Diego Blog

Investor Spotlight: Eastridge Workforce Solutions on improving talent acquisition strategies

January 5, 2016

This week we sat down with Seth Stein, president of workforce recruitment at Eastridge Workforce Solutions, to discuss how Eastridge is helping companies refine their talent recruitment processes. With Eastridge's Talent Acquisition Assessment, companies can see how their recruitment and technology practices stack up against their peers, providing insight on how to improve and refine current hiring processes.

For more on talent, attend EDC’s study release event to see how San Diego stacks up against its peer metropolitan cities in talent attraction and retention on Jan. 14. Register here.

1) Please tell us what Eastridge Workforce Solutions does.

Backed by over 40 years of experience, Eastridge Workforce Solutions makes attracting and managing a skilled workforce easier. We develop strategic workforce management programs, innovative technology platforms, and comprehensive staffing solutions customized for your organization. As the success of an organization relies on its talent, businesses partner with Eastridge to solve their workforce needs and stay ahead of the competition.

2) Identify current obstacles companies face in hiring.

The U.S. Bureau of Labor Statistics November 2015 report showed the unemployment rate declined to 4.8 percent, the lowest level in seven years. Across the country, niche positions are becoming increasingly difficult to fill as candidates receive numerous compelling offers.

In the recently published Consumer Price Index Report, consumer confidence in the economy is the highest rate in eight years. Candidates are feeling more confident than ever that they can find a position that offers competitive compensation and career growth. With multiple offers, candidates are demanding higher pay—even for entry-level positions.

As San Diego has shifted to a more candidate-driven market, employers have to quickly revise their hiring strategy. In order to secure top candidates, organizations must have a well-defined recruitment process to ensure consistent and repeatable performance through the hiring life cycle. This measures effectiveness and sets a baseline for ongoing expectations.

Organizations that do not have efficient hiring processes, like quick turnaround time from interviews to offers, are subject to losing top candidates to their competitors. To help HR professionals assess hiring challenges in today’s labor market, Eastridge Workforce Solutions developed a Talent Acquisition Assessment to gather data from companies nationwide and learn more about their recruitment performance.

3) How does the Talent Acquisition Assessment enable companies to refine their current hiring processes?

The Talent Acquisition Assessment allows companies to gauge their current recruitment and technology practices against their peers, helping reveal problem areas that exist in current hiring, communication and technology methods.

Organizations that are aware of any gaps that exist in current recruitment processes are better able to secure top candidates and stay ahead of the competition in today’s labor market. Companies that have leading edge recruitment technology and proven talent acquisition practices can source, interview, and hire top candidates quicker. Sticking to outdated methods creates gaps in talent acquisition performance.