Leading UK Building Society

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THIS LEADING BUILDING SOCIETY’S RESOURCING TEAM PREVIOUSLY MANAGED THE PROCESS FOR ALL PERMANENT RECRUITMENT IN-HOUSE.

This was not sustainable or effective and consequently, the company wished to outsource the permanent and fixed term recruitment process to a 3rd party supplier.

 

Scope

  • Take responsibility for the coordination and delivery of the recruitment process.
  • Deliver the services through clearly documented and efficient processes eliminating inefficiencies and task duplication.
  • Ensure compliance with the company's processes, policies and financial industry regulations.
  • Deliver a positive experience for all prospective candidates regardless of whether they join the business or not. 
  • Strive to improve service quality and drive cost efficiencies for the duration of the contract period.
  • Provide informative and insightful management information that supports the delivery of the services in scope.
  • Provide complete transparency from both a commercial and process perspective.

 

Solution

  • Full mobilisation of a team of 8 people in Chester.
  • TUPE transfer of 2 people from the company with onsite MBA presence.
  • Complete re-engineering of the recruitment process.
  • National social media campaign.
  • Re-invigorated EVP to help attraction and retain top talent. 
  • Complete technology overhaul and implementation of ATS.

 

Results

  • 608 branch network and 860 contact centre roles recruited.
  • 355 head office roles ranging in salary between 16k to 160k.
  • 70% enhanced engagement of candidates in process.
  • First time at headcount in over 20 years.
  • Comprehensive EVP deployment.
  • 70% interview:hire ratio.
  • 47% cost per hire reduction.
  • 40% reduction in time to hire.
  • 98% successful placement rate.
  • Reduction of attrition to from 29.1% to 9.2%.

 

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