GoBuySide’s Effectiveness In Finding Candidates For Financial Firms

On September 25, GoBuySide helped recruit proactive talent in New York. GoBuySide is an executive search firm based in New York City. They very closely monitor trends in the finance field and is one of the agencies paving the way for a tech-centric approach to talent recruitment. GoBuySide is aware of how much talent recruitment has changed since the 1990’s and is working to be an old-fashioned middleman between the employer and potential employees.

The work force has been scrambling to keep up with the constant new technologies of the digital age since the turn of the century. However, some, especially the finances are still struggling with filling all of their staff positions. It has been predicted that if this continues, it will be over 10 million workers short by 2030. This is due mainly to field being very highly competitive, the tendency to be one of the first to adopt new technology, and an apparent lack of qualified candidates who can keep up the pace with the second. The financial field accounts for as much as a third of the national economies so shortages in this field have the potential to hinder innovative growth.

Another thing that isn’t helping is the fact that only five percent of the Chief Executive Officer’s in field have the confidence that they will be able to hire for all of their positions. This is where GoBuySide comes in. One thing that a lot of them still seem to be ignorant of is the fact that smaller companies such as GoBuySide are the answer to mediating for hire. Many of the larger companies of the pre-Internet area have closed down.

A hiring manager of a Fortune 500 company reported that at one point, they were trying to hire for their consulting and junior finance positions. Alone and with other sources, it was almost impossible. However, they finally had success when they used GoBuySide.

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