Press
September 12, 2023
David Peterson, Managing Partner of Plastics, Packaging and Specialty Chemicals was featured in Plastics News for his article titled, "The Power of Employer Branding in Retaining Talent." The article outlines the the dynamic landscape of the plastics industry and how compelling employer branding can serve as a magnet for qualified candidates.
Read the full article here.
Direct Recruiters, Inc. has been named a 2023 NorthCoast 99 award winner by ERC, the Employers Resource Council. The NorthCoast 99 award honors 99 great Northeast Ohio workplaces for top talent. This is the 12th time that DRI has received the prestigious NorthCoast 99 award.
NorthCoast 99 winners participated in a rigorous application process that asked for detailed information on how their organization addresses top-performer attraction, development, and retention in the areas of organizational strategy, policies, and benefits; talent attraction, acquisition, and onboarding; employee well-being; employee engagement and talent development; total rewards; and diversity, equity, and inclusion.
The 2023 NorthCoast 99 awards program is sponsored by Anthem Blue Cross and Blue Shield, Cleveland Magazine, ERChealth, Fifth Third Bank, Maloney + Novotny; Meyers, Roman, Friedberg & Lewis, Oswald Companies, Staffing Solutions Enterprises, and The Standard.
Direct Recruiters, Inc. is thrilled to announce that we have been named to the 2023 Inc 5000 list. DRI is a nine-time winner of this prestigious award. Inc 5000 is one of the most esteemed rankings of the nation’s fastest-growing private companies. The list offers a unique look at the most successful companies within the American economy’s dynamic private business sector. DRI placed #4811 on the 2023 list with a 81% 3-year growth.
A comprehensive list of the Inc. 5000 results, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at https://www.inc.com/inc5000/2023.
July 17, 2023
In July, Hunt Scanlon released its highly anticipated Private Equity Recruiting Report. This report delves into the new levers that private equity talent leaders are pulling on to unlock higher levels of leadership performance. DRI was recognized on this prestigious report on the PE Recruiting Power 100, as well as several highlighted quotes from DRI Managing Partner, Mike Silverstein.
Mike Silverstein was quoted in three parts of the private equity recruiting report. In the section titled, 'Uncertainty is the Only Certainty,' Mike said that generally macro events around the world have created a bit of a tepid environment across the VC/PE universe. “Investors are looking for strong business fundamentals in their pipeline of prospective portfolio companies,” he said. “Companies that have demonstrated product market fit, have customers, and have revenue, are in a much better place to attract investment. The firms I work with are more willing to take ‘execution risk’ vs. ‘idea risk,’ which was very common over the last couple of years. I think companies that are taking growth equity are in a better place than companies that are burning a ton of money on a monthly basis right now. Things have pivoted toward a more conservative tenor.”
In the 'State of Talent and Recruiting for the Private Equity Sector' section, Mike was quoted to say, "clients are realizing there is a bit of an opportunity to buy low(er) on some needle-moving talent. A lot of mediocre candidates did really well for themselves over the last couple of years. Right now, I think companies are seeing an opportunity to top grade on roles where they settled in the last 24 months.”
Lastly in Hunt Scanlon's section titled, "Challenges in Private Equity Recruiting," Mike said the biggest challenge in PE recruiting is perceived stability. He said, "putting the last couple years aside, the knock on PE was that they will ‘slash and burn’ their way to profitability. Over the last couple years, the ‘grow at all costs’ mindset had people looking at the upside of making a prospective career move. Job opportunities were abundant, and candidates could have their cake and eat it too. Right now, there are fewer open positions, at least it feels that way, and there is a lot of talent on the market because of layoffs. As a result, passive candidates have become far more risk averse.”
Download the Hunt Scanlon Private Equity Recruiting report here.
July 11, 2023
Dan Charney, President & CEO recently joined Hunt Scanlon's Talent Talks podcast, hosted by Rob Adams. Dan discussed the market shifts taking place in private equity investments toward traditional industries, and how that is impacting the search for top executive talent. He highlighted in demand skills and expertise such as automation, software and hardware systems integration, and leadership with niche industry backgrounds.
Listen to the full podcast here.
June 27, 2023
Mike Silverstein, Managing Partner of Healthcare IT & Life Sciences and Kasey Kaiser, Partner, Healthcare IT & Life Sciences were recently quoted in an article by Dice titled, "Laid Off From Big Tech? 3 Industries That are Hiring." The article outlines the industries in need of top talent, providing new opportunities in new arenas for tech talent previously laid off.
Mike and Kasey discussed how talent from tech can make a big impact in the healthcare industry, highlighting the most in-demand skills, as well as tips for breaking into the space.
Read the full article here.