HIRING INITIATIVES
HIRING INITIATIVES An integral part of any cohesive talent strategy is talent acquisition. At Advance, we continue to refine our hiring practices to broaden our access to the individuals with the characteristics, skills and experiences that will enable us to serve our customers better than anyone else and increase our overall success in hiring those individuals to join our team. That said, in a competitive labor market similar to the one experienced in 2022, it can be challenging to source well-qualified candidates and ensure those candidates translate to successful hires. This past year, Advance’s talent acquisition team took steps to achieve greater accountability to hiring goals, including speed- to-hire and diversity recruiting. In addition, we added resources in certain markets, simplified the hiring process in areas where turnover was greatest and partnered cross-functionally to support diversity recruitment efforts.
with local universities, which focus on teaching skills in technology, operations, data, analytics and more. These include Vardhman College of Engineering, the VNR Institute of Engineering & Technology and Institute of Management Technology, Hyderabad. These three prestigious engineering colleges will help our team to address future hiring needs and continue to build the Advance brand in this important market.
ADDITIONAL TALENT ACQUISITION CAPABILITIES AT THE AIIC Advance’s Global Capability Center, located in Hyderabad, India, recently celebrated its third anniversary and rebranded to become Advance India Innovation Center (AIIC). The new name reflects Advance’s vision of increasing innovation across the company and came at the recommendation of local team members in collaboration with students from one of its NGO partners, Ashraya Aakruti. The AIIC, a tremendous asset to our business, opened in 2019 and employs more than 400 team members in the areas of IT, finance and HR. By having team members based in another part of the world, we can better address business needs on a 24/7 basis. From processing invoices and helping ensure our IT systems run smoothly to contributing to our top tier strategic projects, the AIIC team is helping the company focus on serving our customers. As a relative newcomer in Hyderabad, Advance competes with several large international companies that are well established in the area. This makes competing for talent more challenging. In 2022, we hired additional talent acquisition team members in this important market to help grow talent locally. Among the many ways these team members are building a future workforce is through relationships
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2022 ADVANCE AUTO PARTS CORPORATE SUSTAINABILITY AND SOCIAL REPORT | 24
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