Mohsin Rehman

Post on 05-Dec-2014

538 views 3 download

description

Recruitment Strategies:Minimizing Cost Maximizing Benefits

Transcript of Mohsin Rehman

HUMAN CAPITAL MANAGEMENT CONFERENCE 2009

July 22, 2009

Recruitment Strategies: Minimizing Cost Maximizing Benefits

2

Global economic downturn Recruiting budgets slashed

Companies are hiring (Even when they aren’t!)

Hiring without a budget?

N A

S E

E B

N

E T

W O

R K

S

I N

C

The Challenge

Tough times require innovative hiring strategies

3N A

S E

E B

N

E T

W O

R K

S

I N

C

Internet: Pakistan’s Best Kept Secret?

#3

4N A

S E

E B

N

E T

W O

R K

S

I N

C

Case Study: Engro Foods

5

Job ad in Dawn Career Classifieds (Sunday, Oct. 26 2008)

Half Page, Full Color, Back Page (Rs. 850,000 – one day)

Listed same jobs on ROZEE.PK (Rs. 15,000 – 15 days)

ROZEE.PK 4150 CVs vs. Dawn 2069 CVs 145 MT’s hired through ROZEE.PK in 2008

N A

S E

E B

N

E T

W O

R K

S

I N

C

Case Study: Engro Foods

0

100

200

300

400

500

600

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

ROZEE.PK

DAWN

Cost Per CV

Rs. 411DAWNRs. 4ROZEE.PK

100X Cost Savings Online

ROZEE.PK67%

DAWN33%

6N A

S E

E B

N

E T

W O

R K

S

I N

C

Case Study: Engro Foods

ROZEE.PK67%

DAWN33%

"We were delighted with the quality of candidates we were able to hire through our partnership with ROZEE.PK. 

EFL is a rapidly growing company and our people are our most important asset. Our online hiring experience

has yielded an excellent return on investment compared to conventional methods."

Shafaq OmarGeneral Manager Human Resources

Engro Foods Limited

7N A

S E

E B

N

E T

W O

R K

S

I N

CCandidate Evaluation – Online Assessments

ROZEE.PK67%

DAWN33%

8N A

S E

E B

N

E T

W O

R K

S

I N

CCandidate Evaluation – Online Assessments

ROZEE.PK67%

DAWN33%

9N A

S E

E B

N

E T

W O

R K

S

I N

CCandidate Evaluation – Online Assessments

ROZEE.PK67%

DAWN33%

10N A

S E

E B

N

E T

W O

R K

S

I N

CCandidate Evaluation – Online Assessments

ROZEE.PK67%

DAWN33%

11N A

S E

E B

N

E T

W O

R K

S

I N

CCandidate Evaluation – Online Assessments

ROZEE.PK67%

DAWN33%

12

ROZEE.PK launching in Q3’09 Partnering with leading International testing orgs SHL, PAC – over 30 years of testing experience Predictive – results proven to track performance

Modes of Administration Individual – attach to online job posting Batch – administer at testing center Patented anti-fraud technology Instant results Large cost savings

N A

S E

E B

N

E T

W O

R K

S

I N

COnline Assessment Tests Now Available in Pakistan

13N A

S E

E B

N

E T

W O

R K

S

I N

CROZEE.PK Annual Job Fair – 60 Employers, 40,000 Jobseekers

14

Progressive organizations will triumph Internet is now mainstream in Pakistan Lower costs higher efficiencies Early adopters seeing results

Challenging times present opportunities Opportunities to innovate 30 of Dow Jones 60 started in times of recession

N A

S E

E B

N

E T

W O

R K

S

I N

C

Conclusion