Future Focused Solutions for Global Pharmaceutical
They knew that to deliver talent to specific ‘business critical’ roles within the company, it was time to transition from the traditional reactionary recruitment process to a future-focused approach…
THE BRIEF
November 2005. Our client, recognizing a need for a future focused recruitment solution, sought a recruitment partner with the capability to design and incorporate an approach that would see the right candidates proactively promoted to their company on a regular basis.
The area of key focus was with Field Sales, an area traditionally very difficult to recruit for.
THE SOLUTION
From our client discussions, observations and analysis that resulted, a solution was tailored to deliver a solution that included the development of a Private Managed Talent Pool.
Development of the Private Managed Talent Pool
Ongoing sourcing campaign – nationwide
Reverse ALERTS electronically advising when freshly identified potential employees have been identified, qualified and added to the pool
Talent Pool Communications – ongoing. The objective is to keep the client brand alive in the minds of the individuals identified as suitable for this employer.
Communications program with staff that have departed the organisation – to entice them back
Internal referral scheme developed and implemented
KEY OUTCOMES
Reduction in recruitment advertising spending
Cost savings of 46% on recruitment costs through the Private Managed Talent Pool over 2 years – 40% alone in first year
Cost savings of 25% on recruitment outside of Talent Pool
Vacancies filled by candidates within the talent pool (e.g. a candidate in Wellington had been identified in November 2006 as suitable however required some development, he achieved this and was subsequently employed in October 2007)
Recruitment across NZ without increased costs using Frog’s virtual recruitment - 100% of vacancies filled.
Talent research scoping across industry sector completed
Streamlined interview process for all parties using Lominger as the basis
Off-shore candidate interest captured, recruited and transitioned
If you would like to transition your business from the traditional reactionary process to a more future focused approach, please click here.
