SOURCE: Hyrian

February 13, 2007 09:00 ET

Hyrian's Small Enterprise Division, OnDemand, Reports Tremendous Growth in First Year of Service

Leader in Recruitment Process Outsourcing (RPO) Fills Talent Gap at 50 Companies Since Launch of Division With Flexible Options

LOS ANGELES, CA -- (MARKET WIRE) -- February 13, 2007 -- With smaller businesses the hardest hit by the ongoing nationwide talent shortage, Hyrian reports strong growth on the first anniversary of its OnDemand division which helps serve the outsourced recruiting needs of more than 50 companies.

OnDemand gives clients with 100 to 5,000 employees the flexibility to use Hyrian only as needed. The service can work as a complement to a recruiting department or completely replace the recruitment infrastructure.

A U.S. leader in Recruitment Process Outsourcing (RPO), Hyrian expects to dramatically increase its business in the division by more than 300 percent over the next year. The staff has already tripled since launch to keep up with the demand for recruiting services typically available only to Fortune 500 companies.

Nationwide in 2006 across both its OnDemand and Enterprise divisions, Hyrian filled 15,000 positions -- many of them extremely specialized hires. The demand for top talent and need for additional recruiting resources at many companies continues to soar.

"We're gratified to be a part of helping smaller businesses -- easily the most heavily impacted by the talent shortage -- replenish their most important internal resource, their people," said Daniel Solomons, CEO and president of Hyrian, which also celebrates its 10th anniversary as a company this year. "Right now there are 5 million more jobs nationwide than there are people to fill them. By 2010, there will be 10 million."

The increased competition for talent means that companies have to work even harder to get the best recruits, but many human resources departments simply do not have the resources to meet their recruiting needs in an increasingly difficult labor market.

"With benefits administration, training and employee relations all competing for HR resources, many HR departments don't have the resources to have a successful recruiting program," Solomons said.

Couple that with the fact that retiring baby boomers are slicing the number of qualified candidates nationwide -- which is expected to strain American competitiveness for the next 20 years -- and the recruiting challenges that the majority of businesses face are quite daunting.

Hyrian's OnDemand division fills positions quickly at costs that are typically 1/5 that of headhunters -- as little as $1,600 to $5,000 for most job functions.

"Our hiring managers, many of them engineers, aren't trained in recruiting, and that was a difficult hurdle for them before we started outsourcing portions of our recruitment function to Hyrian," said Tim Hall of Tetra Tech, a rapidly growing engineering, consulting and technical services company, which employs 7,500 people in 250 offices worldwide. "In our business cycle, time is critical, and it's directly impacted by the recruitment process itself. The Hyrian process delivers what, in many cases, we don't have the staff to do."

Hall does offer newcomers to RPO one caution.

"Be prepared for the speed," Hall said. "The process moves quickly, in fact so fast that one would be wise to evaluate the readiness of hiring managers to move quickly on prime candidates."

Highly responsive recruiters, backed by a team of sourcers, coordinators and recruitment advertising specialists work directly with hiring managers and support them with an unprecedented array of resources that identify the ideal candidate as quickly as possible.

"Anytime there is a delay getting a qualified employee in the door -- or worse yet, they never make it to you -- it impacts your company's bottom line," Solomons said. "You have to move quickly because the best candidates have the shelf life of a gallon of milk. Only through dedicated recruiting resources will companies have the speed required to identify the best prospects, get them interviewed and onboard. And now you don't have to be a Fortune 100 or even a Fortune 500 client to get this kind of strategic weapon. You can get it OnDemand from Hyrian."

About Hyrian

Founded in 1997, Hyrian services the nation from its offices in Los Angeles (headquarters), Minneapolis, Boston and New York. The company is growing dramatically and is in the same position as many mid-sized businesses, seeking top talent every day. Hyrian has more than 200 employees, and expects to grow to 330 by early 2007. The company's two divisions are: Enterprise Services for Fortune 500 companies in which Hyrian is essentially embedded as the internal recruiting department handling hundreds to thousands of hires at all times, and OnDemand for small and mid-size companies with 100 to 5,000 employees. For more information, visit www.hyrian.com.

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