Las Vegas, Nev. – June 25, 2007 – Velocity Resource Group, a leading strategic solutions provider for active candidate sourcing, is celebrating its six-year anniversary at the 2007 Society for Human Resource Management (SHRM) Conference and Expo.
Velocity was co-founded by industry veterans John Fortino and David Simpson when online job boards were shifting the existing paradigm of recruiting. Six years later, online candidate recruiting is recognized as an essential and strategic priority for companies looking to hire quality talent fast.
“The HR industry today is more dynamic, complex and challenging than ever,” said Fortino, who manages the company’s North American operations from its U.S. headquarters outside of Chicago. “For example, there is an increasing number of quality candidates online, and HR executives recognize the importance of identifying these people and adding them to their candidate pool. Yet with millions of candidate resumes online, this can be a highly time-intensive and expensive function. Velocity was founded to help companies capitalize on this important need with speed, accuracy and cost-efficiency. Essentially, we enable staffing professionals to maximize their time on higher value activities while reducing their recruiting costs.”
Fortino maintains Velocity’s success and value lies in its ability to leverage an experienced international sourcing analyst workforce that adheres to disciplined sourcing techniques. This enables the company to provide highly accurate candidate resumes within one business day or less -- an uparrelled industry-leading standard, according to Fortino.
According to a recent Booze Allen Hamilton survey, 26 percent of all 2005 hires came from job boards and social networking sites.
“We think this percentage will only continue to increase when you look at today’s highly competitive global hiring market – especially because of the number of quality candidates online and that human capital is at an all-time premium,” said co-founder and Managing Partner David Simpson, who oversees the sourcing analyst operations from Velocity’s Thailand office.
Three of the most important offerings introduced by Velocity since its founding include two web-based portal products -- the Candidate Manager (CM) system and Manager View (MV) system -- and a Qualified and Interested (QAI) candidate screening and qualifying service. The CM system enables recruiting professionals to easily view and manage the candidate resumes presented by Velocity. The MV system enables recruiting managers and supervisors the ability to track and monitor the recruitment activities of their staff. The QAI service is a value-added step offered to further help Velocity clients determine qualified and interested candidates.
Since its founding, Velocity has averaged a triple-digit percent annual revenue growth rate. Growing from a list of fewer than five, Velocity’s client roster is now more than 200 and includes more than 50 Fortune 500 companies and several international firms.
About Velocity Resource Group
Founded in 2001, Velocity Resource Group is a highly specialized sourcing solutions company that offers its clients a strategic recruiting advantage. Leveraging an international work force and focusing exclusively on finding, screening and qualifying active candidates, Velocity provides highly accurate candidate resumes within one business day or less, an uparrelled industry-leading standard. By consulting with its customers during each quality controlled three-day search, as well as providing a disciplined candidate qualifying service, Velocity enables staffing professionals to maximize their time on higher value activities while reducing a company’s recruiting costs. Velocity works with start-up to Fortune 100 companies and can source positions across all industries in North America and other markets globally. For more information, visit www.velocityresourcegroup.com.
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