Put current contractors back on assignment and capture more value from existing talent
Would you buy a car, drive it once then throw it away? Of course not, so why would you place a candidate only to forget about them (and the revenue)?
With 70% of contractors NOT redeployed, there is a ton of opportunity to get more value out of contractors you already have a relationship with and more likely to place. It's an overlooked, but a ripe area for opportunity.
Redeploying existing contractors is an easy way to capture more value from candidates. Typically contractors get placed and forgotten about, but with Herefish you can automate the redeployment process and put contractors back to work at their current assignment or at another within your firm.
Redeploying talent you already have is an easy way to create revenue and create value for you candidates and customers. When rating redeployment success, it's good to look at two key metrics:
Redeployment rate is pretty straightforward and is the percentage of contractors placed after their current assignment ends.
For revenue, all you need to do is calculate the revenue generated from redeployed contractors.