Why? Your Business Challenge: Like most companies today are you challenged to boost your bottom-line? Do you still own the entire recruitment process burden and all the associated costs? Are you stuck in the middle looking for ways to reduce your costs while maintaining necessary service delivery? Market Conditions: "One full cycle hire can produce over 1300 transactions, of which, 99% of those transactions and costs are to resumes-people you do not hire!? Why own and fund process administration that burdens your resources and yields a 1% return on investment? -David Rice, IJP Inc "Ninety-two percent of Corporate and Third Party Recruiters say they are inundated with irrelevant resume responses" -Recruiter.com 2/03 "In the current economic cycle, HR (and third party recruiters) is often the first to feel the squeeze in financial and other resources,.." -Cary Sparow. Towers Perrin, Recruiter.com Article The Solution: Business Process Outsourcing (BPO): Off-load the ownership of recruitment process resources, tools, and administration so you can re-focus your resources on core transactions that will ultimately add value (profit) to your business. "Business Process Outsourcing (BPO) is the delegation of one or more business processes to an external Provider that, in turn, owns, administrates and manages the selected process(es) based upon defined and measurable performance metrics." -Gartner Dataquest BPO strategies are not new. Most companies are very familiar with Business Process Outsourcing strategies for other traditional HR administration like Payroll, Workers Comp, Benefits, Unemployment to name a few. These are areas where companies have already realized technology enhancements and process improvements after outsourcing, and ultimately increased profits margins. So why not continue along the HR administration chain, and BPO the non-value recruitment process administration? Profit From Our Experience: Companies profit from their experience with IJP by decreasing fixed costs, off-loading administration burdens, and re-focusing their resources on transactions that add value and profit to their business. "Outsource partners share risk and reward" -Int'l Outsourcing Survey Recruiter.com |
