10/24/2024 | Press release | Distributed by Public on 10/24/2024 10:31
In today's competitive hiring landscape, staffing agencies are under immense pressure to deliver quality candidates faster and at lower costs. Artificial intelligence (AI) is playing a transformative role in helping these agencies achieve those goals.
In a recent workshop at this year's Staffing World, Veritone Hire and LSI Staffing demonstrated how AI is revolutionizing the staffing industry through programmatic job advertising and AI-driven candidate sourcing.
In this workshop, Veritone Hire and LSI offered the audience a clear understanding of how AI can optimize their recruitment strategies and improve overall staffing operations. Highlights of the workshop included:
Curious about how Veritone Hire's solutions can make a difference for your agency? Learn how LSI saw incredible results with Veritone Programmatic.
LSI Staffing, a leading staffing agency with over 30 locations nationwide, turned to Veritone Hire to solve a problem many staffing agencies face: skyrocketing job board spend and inefficient candidate targeting.
Founded by brothers Ron and Rick King in 1986, LSI has always focused on matching talent with opportunity. However, during the COVID-19 pandemic, they ramped up job board spending to meet rising demand for candidates. After the pandemic, they found themselves juggling multiple job board accounts across 40 offices, leading to significant overspending and operational inefficiencies.
In 2022, LSI spent $1.3M on job boards but had no unified way to track candidate data or optimize their spend. With fragmented systems and a lack of visibility into which channels were performing, it became clear that continuing down this path wasn't sustainable.
In 2023, LSI partnered with Veritone Hire to implement an AI-powered programmatic job advertising solution. With Veritone Hire, LSI centralized job board management, allowing for a more streamlined approach to job ad spending and candidate data collection. The results were remarkable:
One of the standout benefits of using Veritone Hire was LSI's ability to build a centralized, growing database of qualified candidates-a 157% increase in their applicant pool. Not only did this streamline their hiring process, but it also allowed t no hem to retarget past applicants, reduce spam, and improve overall candidate targeting.
As LSI's Corporate Systems Manager Tiffany Stout explained, "The speed at which our database is growing is really my favorite part of Veritone, and it's not the thing we came to them for. With a stronger, centralized, and growing database, we've been able to improve our candidate delivery, something that we could not have done before."
From reducing overspending to improving candidate delivery, AI solutions like Veritone Hire can drive significant improvements in both efficiency and outcomes. For staffing agencies looking to optimize their recruitment strategies, selecting the right AI partner and integrating AI technologies into existing workflows is essential.
Don't miss the opportunity to learn more about how AI can benefit your staffing agency.
See the LSI Case Study or schedule a demo with a Veritone Hire experttoday.