Summary
Business leaders know that recruiting top talent is a corporative imperative. After hiring, new talent must be skillfully managed through onboarding, performance goals and evaluation, learning, succession opportunities, career development, and variable compensation. Companies increasingly look toward vendors that provide some or all of these solutions. Recruitment vendors know that even with today's recruiting growth rate prediction of 8%, future growth depends on integrating broader talent processes through a talent management suite. Recruitment vendor consolidation, movement toward talent management, and emergence of social recruiting tools characterize the market today.
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