Insurance leaders are demanding more from their hiring agendas. They want access to the best talent so they can cultivate a workforce that is diverse, inclusive and innovative. But in 2018, people strategies must respond to an ever-evolving and highly competitive set of market conditions. Where most insurers are falling down is in their failure to appreciate the magnitude of the task - as well as its importance for future growth.
With so many approaches, services and options out there, outsourcing isn’t the easiest solution to get your head around. On top of that, many providers like to baffle businesses with technical terms and unnecessary detail, when all they really want is simplicity, speed and value. In essence, MSP is the outsourcing of temporary, contract and interim hiring to support all your contingent workforce needs. Like RPO (recruitment process outsourcing), it is easily scaled up or down, and specifically tailored to your requirements.
Last month, Avencia hosted two workshops to discuss techniques for the attraction of diverse talent. Joined by resourcing and HR professionals from across the insurance and asset management markets, we explored the challenges and opportunities presented by today's hiring landscape. One lesson rang true across the board: the notion that perceptions of a brand can breed a reality that businesses do not always see.