The collaboration between PNI•HCM and The Encompass Group marks a pivotal step in enhancing human capital management by integrating specialized talent acquisition services into PNI•HCM's comprehensive suite. This partnership is set to tackle the pressing issues businesses encounter in attracting and keeping skilled employees, a move that could significantly reduce the financial burden associated with unsuccessful hires. According to the U.S. Department of Labor, a poor hiring decision can cost up to 30% of an employee's first-year earnings, excluding the additional expenses of finding a replacement.
Mary Grothe, Chief Revenue Officer of PNI•HCM, shared her excitement about the alliance, highlighting the shared vision for fostering positive employee experiences and team expansion. The Encompass Group's Joyce Godbey also pointed out the synergy between the two organizations' goals, especially in ensuring long-term employee satisfaction and growth. This partnership introduces full-service recruiting, including direct hire contingent recruiting and executive search services, alongside talent consulting services such as interview training and recruitment strategy guidance.
In today's challenging job market, the emphasis on creating positive experiences for both candidates and employees is more important than ever. By combining The Encompass Group's culture-first talent acquisition strategies with PNI•HCM's robust HCM solutions, the partnership offers a unified approach to workforce management. This integration not only enhances PNI•HCM's existing services like payroll processing and benefits enrollment but also provides businesses with a comprehensive resource for managing their workforce effectively from recruitment through retirement.
This strategic alliance is a game-changer for the HCM industry, presenting businesses with an innovative and efficient solution to talent management. By covering the entire spectrum of human capital needs, from initial hiring to ongoing employee engagement, PNI•HCM and The Encompass Group are setting a new standard for workforce strategies that promise to fuel business growth and success.
