|
Manage
recruitment costs
Many of our top employers have no idea how much they spend on recruitment,
particularly temporary labour. Decentralised recruitment in the hands of line
managers, often delivers poor candidate selection at premium prices as line
managers attempt to juggle budgets, agencies, recruitment and the core day job.
Resource Management is all about creating visibility and control over your
recruitment costs and processes. Our outsourced programmes identify total
spend, moderate high cost strategies and allow us to deliver real hard cost
savings.
We recently produced a first year hard cost saving of £675,000 to one client
with a total spend of less than £6 million.
By spending just an hour with a Parc consultant, you can have an estimate of
the hard (and soft) cost savings outsourcing could deliver to you.
Improve candidate quality & retention
Recent CIPD statistics indicate an average hiring cost per new employee of
£4,301. For a company with 1,000 people and a staff turnover of 15%, this means
spending £650,000 a year, just to stand still!
Couple this with a tough and competitive labour market, and it becomes ever
more imperative to attract and retain quality people.
Resource Management is a proven way of optimising the resolution of these
sourcing and retention issues. Parc will develop and administer on your behalf,
a cost effective sourcing strategy utilising agencies, advertising, web sites
and a unique database of direct applicants that are matched to your business.
Through this strategy a competitive and flexible supply chain is developed.
We then overlay this with a uniform measure of centralised screening to deliver
pre-qualified and shortlisted candidates to your hiring management, who can now
focus on final candidate selection, induction and retention techniques.
Parc's solutions are designed to complement your culture and focus on promoting
you in a competitive market as an 'employer of choice'.
Reduce recruitment time
Recent client surveys have shown that recruiting a typical £20,000 p.a. worker
whether permanent or temporary, will take in excess of 18 hours of management
time. This equates to 4,500 hours if you were to recruit just 250 people per
year!
This is time spent fielding unwanted agency calls, dealing and negotiating with
multiple recruitment agencies, designing adverts, screening CV's, arranging
interviews, etc.
By outsourcing the transactional elements of your recruitment processes to
Parc, you can eliminate many of these time consuming and non-value added tasks,
freeing up your management's time to focus on candidate selection, staff
retention strategies and core profit generating activities.
Create a flexible supply chain
Many companies maintain a high dependency on recruitment agencies as part of
their sourcing strategy. Managing the quality and consistency of these
agencies, often represents a major challenge.
Rationalising agencies into a Preferred Supplier List (PSL) often only serves
to limit your access to the labour market and ties up valuable management time
policing PSL issues and leakage.
A core skill, unique to Parc, is our ability to develop and manage a
recruitment agency supply chain on your behalf. We then police adherence to
your preferred terms and manage ongoing supplier performance. Your existing
suppliers can be migrated under this process, so that the experience and
knowledge residing in good suppliers is not lost.
This supply chain can be grown to provide you with every grade and discipline
of staff you might ever require, UK and Europe wide. This ensures easy access
to the widest possible labour pool with a single phone call.
Parc has developed comprehensive management and supplier education programmes
to ensure your supply chain forms a valuable and cost effective part of your
sourcing and recruitment strategy.
Maximise control & compliance
Recruitment is an activity becoming ever more fraught with legal implications,
offering a happy hunting ground for the litigiously minded. This places an
increasing and often unacceptable burden on hiring managers, already
experiencing a multitude of demands on their limited time and resources.
Furthermore non-standard terms, hidden costs and limited supply options can
also lead to employment legislation issues, fragmented buying power and a
reduced window on the labour market.
Parc's outsourcing models are based upon stringent ISO processes tailored to
providing you with centralised control over your entire supply chain and its
various cost elements. Parc's processes and procedures are informed by a
dedicated in-house Tax & Compliance unit.
With Parc as your partner, you have the luxury of a resource at your disposal,
dedicated to the effective control and reporting over all aspects of your
recruitment strategy. You can also be confident that your partner represents
'Best of Class' in terms of compliance as well as operations.
|
Why
should I outsource?
