profile updated Mar 7, 2008, 12:02 AM
Velocity is an ironic twist on the whole outsourcing concept: the company develops candidate lists and sources prospects from an office in Bangkok, Thailand, where co-founder David Simpson is based.
In case you didn't get it, let's try it this way: Velocity outsources the searching, instead of the work. OK, so maybe it's not so ironic, but it is a lot less expensive for its Fortune 500 clients (and the other clients who will never make a Fortune list) than doing it themselves. And the overnight turnaround time is about as fast as it gets.
While the U.S. is asleep, the Bangkok office is at work. Typically, companies like Velocity fill up candidate pipelines for recurring position hiring. But a testimonial on the company website from Fair Isaac said Velocity sourced for recruiting events including positions paying over $80k and the quoted comment was that the arrangement provided a good ROI.
The company told us it "focuses PRIMARILY on professional positions in all functional areas (Sales, Engineering, Finance, Human Resources, IT, etc), and all levels ranging from fresh graduate through VP level."
Part of the service, besides building pools, is qualifying candidates. That's done out of the Naperville office, just outside of Chicago. This second step is the heavy-lifting part sparing corporate recruiters from endless rounds of phone calls to the disinterested, disconnected, or dead.
The website, alas, doesn't provide much detail on how the work exactly gets done or what those candidate pools might actually contain. Good questions to ask the company directly.
News & Updates 
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Recruiting Firms Pool Skills To Form Talent Alliance (PRWeb)
Four talent acquisition firms have banded together to form the ASHER Talent Alliance, which is offering a complete suite of integrated recruiting and staffing solutions.
Riviera Advisors, Velocity Resource Group, Iris Libby Consulting, and J. Morrison Group launched ASHER in February. The companies historically have operated in separate areas with Riviera concentrating on internal talent acquisition strategies, capabilities and tools; Velocity focuses on sourcing, screening and qualification services; J. Morrison specializes in employer branding and HR communications, and; Iris Libby provides competitive intelligence and passive candidate research.
For more information, visit www.ashertalent.com.
Mar 18, 2009, 4:56 PM
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Products & Services
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Velocity Candidate Manager System
A Web-based program delivering lists of candidates culled from resume databases around the world that match the qualifications for specific jobs or classes of jobs. Most effective for filling large reqs or building a candidate pool. The online manager is how recruiters review the candidates assembled by Velocity. -
Qualified, Available and Interested Service
The name pretty much tells you everything you need to know. Candidates are contacted via branded e-mail and / or phone to determine their interest and availability and ensure their basic qualifications. -
Velocity Manager View System
An online system for recruiting supervisors to manage their staffs.