'Brain Drain' Caused by Retiring Boomers Helps Drive Hyrian's Expansion Into New York.

Leading Recruitment Process Outsourcer (RPO) celebrates 10 years of helping clients have their cake and eat it too

LOS ANGELES -- Ten years since it was founded, Hyrian (www.hyrian.com) is helping solve the nationwide "brain drain" caused by retiring baby boomers as it touches 4 million job candidates annually and delivers more than 20,000 hires.

"There are 5 million more jobs than there are people to fill them in this country right now, and those numbers are expected to grow to 10 million by 2010," said Daniel Solomons, CEO and president of Hyrian. "To combat those daunting employment statistics, we talk about our clients being able to have their cake and eat it too because they get the power of Fortune 500-level recruiting services on-demand at less than half the cost of search firms."

Hyrian will help fill even more positions with the opening of a new East Coast hub in Brooklyn, N.Y., to meet the rapid growth of its flexible OnDemand services. The expansion dramatically increases the company's recruiting footprint on its 10th anniversary.

Solomons founded Hyrian with a partner in 1997 after six years as a recruiter, offering a solution that has come to be known throughout the industry as Recruitment Process Outsourcing or RPO - a term Hyrian is credited with inventing. Solomons had noticed that companies were spending a great deal of money on headhunters who "lacked accountability" and that the recruiting industry desperately needed to embrace technology.

"Before RPO, there was little transparency with recruitment vendors," Solomons said. "It was paramount that we become more of a partner with clients."

From offices in Los Angeles and Minneapolis, Hyrian's OnDemand division oversees the recruitment process for nearly 100 companies nationwide. The New York office, which accommodates 100 employees, solidifies the firm's footprint across the country and its ability to serve businesses of all sizes.

In addition to its OnDemand services, Hyrian offers Enterprise, a custom division for large companies such as UnitedHealth Group and Ameriprise Financial that need a high-volume of talent.

Through either division, Hyrian can augment or replace the entire recruitment function for a company with full transparency. Clients are charged flat fees, and the costs correlate with the amount of effort required to fill each position. That was an unheard-of practice 10 years ago when nearly all recruiters charged companies 20 to 30 percent of each new hire's yearly salary.

Utilizing the growing capability of the Internet during the past decade, Hyrian has created an assembly-line approach that serves as the foundation for everything the firm does. All parts of its RPO model - from advertising the positions, sourcing the best qualified candidates, screening and interviewing to negotiating and ultimately bringing them on board for their first day of work - are broken into specialized jobs.

"We anticipate additional growth as the impact of retiring baby boomers continues to challenge employers for the next 20 years," Solomons said. "Ultimately, nothing hurts your bottom line more than key seats being empty and difficult to fill - except a bad hire."

Ten years since opening the doors at Hyrian, the better way of recruiting that Solomons envisioned, has become a reality. And, the firm's now proven RPO model is becoming a necessity for companies to compete for an ever-diminishing pool of talent.

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 expects to expand from more than 220 employees to more than 300 this year alone. The company's two divisions are: Enterprise services for Fortune 500 companies in which Hyrian is essentially embedded as the internal recruiting department and handles hundreds to thousands of hires at a time, and OnDemand, which provides flexible services on an as needed basis for companies with 100 to 5,000 employees. For more information, visit www.hyrian.com or call 1.866.4HYRIAN.