Success on a shoestring
Nick Thompson, Resourcing Specialist
The Thames Water Story
May 2014
“Once upon a time……”
Cost per hire piggieCandidate experience
piggie
Time to hire piggie
Meet the characters
Candidate Experience
•An application process of over 11 minutes
•Applications only accepted through Internet Explorer
•App...
Cost per hire
•Over £4,000
•Agency usage of over 60%
Time to hire
•Over 26 weeks to offer
•The add in a 4 week notice period
•Huge dependency on temps to cover gaps
Where to start?
• Huge budget?
• Tackle it all at once?
• Start again?
• Give up?
What we did
RPO
12 week ruling
for temps
Revised
attraction
strategy
Volume
campaigns
Assessment
centres
Graduate &
Appren...
RPO
12 week ruling
for temps
Revised
attraction
strategy
Volume
campaigns
Assessment
centres
Graduate &
Apprentice
recruit...
eLearning for
managers
Social media
Social media
Social media
Social media
Sonru Video
Interviews
SHL interview
report
Application
process
Talent pools
“Sounds expensive”
- Delegates at The FIRM Conference May 2014
The Shoestring bit
It’s probably easier to say that there was little or no budget available for these
projects.
What did w...
The Shoestring bit cont…
Time and cost savings in attraction
Savings in managers time around the business
Our little pot o...
The Shoestring bit cont…
Improved candidate experience
Further reducing our job board spend
Our money behind the sofa
eLea...
The Shoestring bit cont…
You cant put a price on candidate experience
Further reducing our job board spend
Our lottery win...
The results
This is what you all want to know...........
All delivered for less than our budget last year
Candidate experi...
Happily ever after
Any questions?
Next chapter
The next chapter hasn’t been written yet
New fairy tail wanted for one big bad wolf with
a track record of de...
Upcoming SlideShare
Loading in...5
×

#FIRMday 15 May 2014 Nick Thompson, 'Success on a Shoe String - The Thames Water Story'

267

Published on

Nick Thompson, Resourcing Specialist at Thames Water plc will discuss how he and Thames Water have achieved “Success on a Shoestring”
Innovation needn’t cost the earth but it must be essential. Find out how Thames Water reduced their cost per hire and time to hire by over 70% in a 4 year period.

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
267
On Slideshare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
6
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

#FIRMday 15 May 2014 Nick Thompson, 'Success on a Shoe String - The Thames Water Story'

  1. 1. Success on a shoestring Nick Thompson, Resourcing Specialist The Thames Water Story May 2014
  2. 2. “Once upon a time……”
  3. 3. Cost per hire piggieCandidate experience piggie Time to hire piggie Meet the characters
  4. 4. Candidate Experience •An application process of over 11 minutes •Applications only accepted through Internet Explorer •Application black hole •Long confusing recruitment process •Blinded by science in adverts
  5. 5. Cost per hire •Over £4,000 •Agency usage of over 60%
  6. 6. Time to hire •Over 26 weeks to offer •The add in a 4 week notice period •Huge dependency on temps to cover gaps
  7. 7. Where to start? • Huge budget? • Tackle it all at once? • Start again? • Give up?
  8. 8. What we did RPO 12 week ruling for temps Revised attraction strategy Volume campaigns Assessment centres Graduate & Apprentice recruitment eLearning for managers Social media Sonru Video Interviews Application process SHL interview report Talent pools
  9. 9. RPO 12 week ruling for temps Revised attraction strategy Volume campaigns Assessment centres Graduate & Apprentice recruitment Where we started
  10. 10. eLearning for managers Social media
  11. 11. Social media Social media
  12. 12. Social media Sonru Video Interviews
  13. 13. SHL interview report
  14. 14. Application process
  15. 15. Talent pools
  16. 16. “Sounds expensive” - Delegates at The FIRM Conference May 2014
  17. 17. The Shoestring bit It’s probably easier to say that there was little or no budget available for these projects. What did we do? RPO 12 week ruling for temps Revised attraction strategy Huge cost savings around the business Even more savings around the business Reduced job board spend, freeing up budget
  18. 18. The Shoestring bit cont… Time and cost savings in attraction Savings in managers time around the business Our little pot of gold, huge cost savings Volume campaigns Assessment centres Graduate & Apprentice recruitment
  19. 19. The Shoestring bit cont… Improved candidate experience Further reducing our job board spend Our money behind the sofa eLearning for managers Social media Sonru Video Interviews
  20. 20. The Shoestring bit cont… You cant put a price on candidate experience Further reducing our job board spend Our lottery win SHL interview report Application process Talent pools
  21. 21. The results This is what you all want to know........... All delivered for less than our budget last year Candidate experience 98% positive Cost per hire under £400 Time to hire 6 weeks Agency usage of 2%
  22. 22. Happily ever after
  23. 23. Any questions?
  24. 24. Next chapter The next chapter hasn’t been written yet New fairy tail wanted for one big bad wolf with a track record of delivering innovative resourcing solutions. Find out more at www.concept82.co.uk or email nick@concept82.co.uk
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×