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Unleashing the Power of Direct Sourcing

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27 © Crain Communications Inc. | All Rights Reserved | Unleashing the Power of Direct Sourcing | September 2023 Key Findings and Takeaways What we know is that when integrated into a broader ecosystem, direct sourcing results in faster time-to-fill, higher manager and worker satisfaction rates, lower costs and improved regulatory compliance and risk management. But most importantly, matching the right talent to the right roles irrespective of their status supports initiatives that drive the strategic growth of an organization. In fact, nearly 60% of leading-edge companies cite their visibility into the broader talent market and ability to attract right-skilled talent as a competitive advantage, compared with 18% of laggards. Source: SIA research report, "Direct Sourcing 3.0" Our organization receives a high return on investment (ROI) for our contingent labor Our organization's ability to attract right- skilled talent is a source of competitive advantage Our organization's visibility to the contingent workforce is a competitive advantage Our organization's ability to retain talent is a source of competitive advantage Our organization receives high fill rates for our contingent labor Our organization acquires talent at a low cost Overall, our organization's contingent workforce is a source of competitive advantage Our hiring cycle times are a competitive advantage Leading-edge companies significantly outperform others in ROI, attraction and competitive advantage Outcomes of leading-еdge companies vs. laggards ROI Access Competitive advantage Talent retention Fill rates Leading Edge Laggards % strongly agreeing 0% 20% 10% 40% 30% 60% 50% 42% 59% 7% 59% 19% 30% 21% 59% 18% 47% 18% 22% 4% 15% 14% 21%

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