Founder and CEO, Mary Malone McCarthy, discussed the challenges businesses face with recruitment and retention.
She shared valuable insights on the importance of aligning company culture with employee expectations and fostering strong impactful leadership.
View the full segment at https://spectrumlocalnews.com/nys/central-ny/news/2024/11/20/culture-shift-to-recruit-and-retain-employees
Albany, N.Y. – November 19, 2024 – M3 Placement and Partnership (M3), a talent acquisition advisory firm specializing in executive searches, direct placement, and high-volume recruiting, is proud to announce its official certification as a Women-Owned Business Enterprise (WBE) with the Port Authority of New York and New Jersey (PANYNJ). This prestigious certification solidifies M3’s commitment to fostering diversity, equity, and inclusion while enhancing its ability to partner with organizations throughout the PANYNJ network.
Since its founding in 1921, the PANYNJ has been a driving force in managing critical transportation infrastructure, including airports, bridges, tunnels, and seaports, playing a pivotal role in the region’s economic growth. As PANYNJ leads efforts in advancing major infrastructure projects, this certification allows M3 to contribute meaningfully to these initiatives.
With the WBE certification, M3 is positioned to expand its reach by providing executive recruitment and consulting services to a broader network within the Port Authority of New York and New Jersey. This accomplishment reinforces our dedication to cultivating diverse leadership teams and supporting organizations in achieving success through inclusive hiring practices across the region.
“We are honored to receive the official WBE certification from the Port Authority of New York and New Jersey,” said Jackie Walters, Vice President of Strategy and Operations at M3. “This achievement reflects our commitment to advancing diversity, equity, and inclusion in every facet of our work. We are excited to build meaningful partnerships, enhance our impact, and contribute to the continued growth and innovation of our region and beyond.”
M3 is proud to be a certified small and women-owned business, recognized by New York State, the SBA, WBENC, New York City, and now PANYNJ.
For more information about M3, please contact us at hello@m3placement.com or visit m3placement.com.
About M3 Placement and Partnership
M3 has over 12 years of experience delivering comprehensive solutions for recruiting and retaining top talent. Serving a wide range of industries, M3 offers services including outsourced recruitment (RPO), direct placement, executive search, HR consulting, and career transition support. For more information about M3, visit m3placement.com.
# # #
Albany, N.Y. – October 16, 2024 – M3 Placement and Partnership (M3), a talent acquisition firm specializing in executive searches, direct placement, and high-volume recruiting, is proud to announce the launch of its Career Transition Program, a new service designed to support individuals through one of the most challenging aspects of the employee life cycle—career transitions. Whether due to layoffs, voluntary departures, or organizational restructuring, exits can be difficult for employees and organizations alike, requiring personalized guidance and care. M3 is proud to be a certified small and women-owned business recognized by New York State, Small Business Administration and WBENC.
With M3’s Career Transition Program, individuals receive one-on-one coaching to assess their current situation, identify future goals, and develop a customized action plan that helps them move forward with confidence.
“At M3, we believe that supporting organizations and talent at every phase of their journey is critically important. Career transitions associated with organizations restructure or layoffs can be a challenging time for all involved. Rather than an off the shelf, box program, M3 focuses on a high touch and skills focused program to exit employees with care and a high level of support,” says Mary Malone McCarthy, Founder and CEO of M3.
The program begins with a complimentary consultation with an experienced M3 career coach to address immediate questions and concerns. From there, a tailored coaching plan is developed to meet the individual’s specific needs.
Key components of M3’s Career Transition Program include:
M3’s Career Transition Program is delivered through ongoing virtual sessions, ensuring flexibility and accessibility for participants regardless of their location. The personalized coaching approach ensures that each individual receives the focused attention they need at every stage of their transition journey.
By offering comprehensive, supportive, and expert-led coaching, M3 is committed to helping individuals take the next step in their careers with confidence.
For more information about M3’s Career Transition Program, or to schedule a complimentary consultation, please contact us at hello@m3placement.com or visit m3placement.com.
About M3 Placement and Partnership
M3 has been in business for over 12 years providing an end-to-end approach for recruiting and retaining top talent. M3 serves a variety of industries providing outsourced recruitment (RPO), direct placement, executive search, HR consulting, and career transition support services. For more information on M3, visit m3placement.com.
###
Albany, N.Y. – August 14, 2024 – M3 Placement and Partnership (M3), a talent acquisition firm specializing in executive searches, direct placement, and high-volume recruiting, is excited to announce the launch of its new service offering: Recruitment Consulting. This service is designed to help businesses optimize their hiring processes, attract top talent, and achieve long-term success in today’s competitive job market. M3 is proud to be a certified small and women-owned business recognized by New York State, Small Business Administration and WBENC.
What Is Recruitment Consulting?
M3’s Recruitment Consulting service provides companies with expert guidance and customized solutions to enhance every aspect of their recruitment process. From defining clear job descriptions to implementing cutting-edge Applicant Tracking Systems (ATS), M3’s consulting team offers a comprehensive approach to improving the efficiency and effectiveness of hiring practices.
Why We’re Introducing Recruitment Consulting
In response to growing demands for more strategic, streamlined, and cost-effective recruitment processes, M3 has developed this new service to empower organizations.
“In response to the growing demand for more strategic, streamlined, and cost-effective recruitment processes, we’ve developed this new service at M3 Placement and Partnership to empower organizations and help them achieve their hiring goals more effectively,” says Mary Malone McCarthy, Founder and CEO of M3.
Key Offerings
The Recruitment Consulting service encompasses a wide range of offerings, including:
Why Choose M3 Placement & Partnership?
M3 Placement & Partnership brings a wealth of industry expertise and a deep understanding of recruitment challenges. Our Recruitment Consulting services are designed to meet the specific needs of each client, helping them build a strong, successful workforce. With a commitment to excellence and innovation, M3 is your trusted partner in transforming recruitment strategies.
Don’t see what you’re looking for? M3 also offers customized solutions tailored to your unique needs. Contact us at hello@m3placement.com to discuss how we can support your organization’s recruitment goals.
About M3 Placement and Partnership
M3 has been in business for over 12 years providing an end to end approach for recruiting and retaining top talent. M3 serves a variety of industries providing outsourced recruitment (RPO), direct placement, executive search, HR consulting, and career transition support services. For more information on M3, visit m3placement.com.
###
In the current economic landscape, businesses face significant pressure to streamline costs across various areas, including talent acquisition. M3 Placement & Partnership, a certified woman owned recruitment firm located in the Capital Region, recognizes this challenge. We understand businesses need to optimize expenditures while attracting essential talent to drive their strategic initiatives. M3 excels in meeting clients’ requirements by providing cost-effective strategies and refining hiring procedures to yield long-term advantages and substantial savings.
“Today there are so many costs to take into consideration when expanding your team or replacing key positions. Turnover costs are estimated at 1.7 times an employee’s salary, according to SHRM. And that’s where we come in, we offer competitively priced solutions that add more to your bottom line, reducing your hiring costs,” says Mary Malone McCarthy, founder and CEO of M3.
The hidden costs of recruitment mistakes
Few things are as costly for employers than a poor candidate experience. When candidates have a positive experience throughout the hiring journey, the odds are greater that a strong candidate will accept the offer, become an engaged employee, stay on board, and refer more great talent. Conversely, a negative experience makes candidates less likely to accept an offer or remain with the company long-term. When asked why they dropped out of the hiring process, Zippia found that 40% of candidates stated it was because of a poor first interaction with a recruiter or hiring manager.
The recruitment process heavily influences the retention statistics of new employees. In BambooHR’s 2023 Onboarding Report, they found that companies have 44 days to influence a new hire’s long-term retention as 70% of new hires decide if a job is right for them within the first month. That means that hiring the wrong candidate can cost twice as much if the wrong hire is made. Often the culprit is inefficient recruitment processes that can’t give the time and energy needed to find the best candidate and instead focus on filling the open seat.
The direct placement advantage
Recruiting today is an expensive prospect that eats up the time of management in a variety of ways. One of the best ways that companies can expand their hiring capacity and ensure the right hire is made is to bring on a direct placement partner like M3. This partner would manage the entire recruiting process for the individual position, proactively reaching out to active and passive candidates, saving companies time on outreach, screening, and managing applicant flow.
“We leverage our networks and our industry expertise to quickly identify and attract top talent that aligns with your organization’s specific needs. This streamlined approach eliminates the need for lengthy and costly in-house recruitment efforts, saving you valuable time and resources,” shares Elisha Gilroy, vice president of executive search and direct placement of M3.
Unlocking efficiencies with recruitment process outsourcing (RPO)
Much like outsourcing any function, outsourcing your recruitment process is a means to gain bandwidth and cut costs. Many businesses have found that outsourced recruitment solutions can remove bottlenecks that slow down the recruiting process.
“RPO, whether used for a high volume of open positions or for supplemental assistance is a great way to combat many recruiting challenges at once. It addresses both tactical and strategic challenges while providing an objective, third party perspective that improves the candidate’s experience. Our work allows HR teams to focus on those strategic initiatives that will make the biggest impact on the company. We customize design solutions that fit the company’s needs rather than asking them to contort themselves to fit our services,” says Kristi Richtmyer, vice president of RPO at M3.
Long-term benefits through advisory services
Beyond the immediate cost savings and efficiencies gained through direct placement or RPO models, M3 also offers invaluable advisory services. Through comprehensive workforce planning, employer branding, and talent management initiatives, M3’s advisory services empower businesses to attract, retain, and cultivate top talent more effectively. This proactive approach not only reduces the costs associated with high employee turnover; it positions your organization as an employer of choice, giving you a competitive edge in the war for talent.
The double-edged sword is that even if you know your recruitment process isn’t working optimally, you’re still under pressure to fill open roles with the best fits. And that’s where an outsourced recruitment firm like M3 can help. They’ve designed direct placement and RPO solutions that allow your open roles to be filled, while providing advisory services that can help you improve chronic process issues that bog down your talent acquisition team.
*The article above was recently published in the Albany Business Review on May 15, 2024