Leading UK Building Society
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%.