Proposal to  START – An Patent training Initiative  S trategic  T alent  A cquisition &  R etention  T echnique Prepared F...
Our Understanding of MaxVal <ul><li>A patent process solutions company </li></ul><ul><li>A client centric organization </l...
Computing Cost Per Hire Cost Per Hire Cost of Acquisition Cost of  Training  Cost of Employment
Computing Cost of Acquisition <ul><li>Internal Costs </li></ul><ul><li>Recruiting office salaries </li></ul><ul><li>Recrui...
Cost of Training <ul><li>Cost of assessing the training requirement </li></ul><ul><li>If External Trainers used: </li></ul...
Cost of Employment <ul><li>Once candidate joins MaxVal, he/she is put on a 1 month training program post which the employe...
Our Proposal to MaxVal <ul><li>Approach A - The Conventional Model of Recruitment </li></ul>Source Assess Induct Train App...
Approach A - Features <ul><li>Tried and Tested Method – Comfort Zone </li></ul><ul><li>Low candidate commitment levels </l...
Approach B – Benefit Analysis to MaxVal <ul><li>MaxVal saves on cost of the End-to-end recruitment. </li></ul><ul><ul><li>...
Intellect Leagues’ Finishing School for IPR Freshers  <ul><li>MaxVal can tie up with Intellect League for trained, ready-t...
Advantage MaxVal <ul><li>MaxVal gets trained freshers </li></ul><ul><li>Candidates pay for training </li></ul><ul><li>Comm...
Intellect League would be proud to Partner with you! <ul><li>Like MaxVal, Intellect League also believes that in business,...
Thank You! www.intellectleague.com Process People Strategy Thank You
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IPR Training Program

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For Engineers seeking Intellectual Job Opportunities

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IPR Training Program

  1. 1. Proposal to START – An Patent training Initiative S trategic T alent A cquisition & R etention T echnique Prepared For : MaxVal Submitted By : Intellect League
  2. 2. Our Understanding of MaxVal <ul><li>A patent process solutions company </li></ul><ul><li>A client centric organization </li></ul><ul><li>Aims to provide better, faster and cost effective services </li></ul><ul><li>Believes that Business happens only through Value Maximization Process to its clients </li></ul><ul><li>Wide range of services to cater to various client requirements </li></ul>
  3. 3. Computing Cost Per Hire Cost Per Hire Cost of Acquisition Cost of Training Cost of Employment
  4. 4. Computing Cost of Acquisition <ul><li>Internal Costs </li></ul><ul><li>Recruiting office salaries </li></ul><ul><li>Recruiting office perks and benefits </li></ul><ul><li>Staff Travel </li></ul><ul><li>Lodging Expenses </li></ul><ul><li>Entertainment Expenses </li></ul><ul><li>Miscellaneous Admin Expenses </li></ul><ul><li>External Costs </li></ul><ul><li>Travel </li></ul><ul><li>Lodging </li></ul><ul><li>Entertainment Expense etc. for other recruiters </li></ul><ul><li>Direct Fee </li></ul><ul><li>Advertising Expenses </li></ul><ul><li>Job Fairs </li></ul><ul><li>Recruitment Drives </li></ul><ul><li>Agency / Executive Search Fee </li></ul><ul><li>Cash awards for referrals </li></ul><ul><li>Supplemental Data </li></ul><ul><li>Number of Interviews Vs. Number of Selects </li></ul><ul><li>Post offer dropout percentage </li></ul><ul><li>Time-to-fill </li></ul><ul><li>Relocation Costs </li></ul><ul><li>Average Sign on bonus </li></ul>Total Cost of Acquisition
  5. 5. Cost of Training <ul><li>Cost of assessing the training requirement </li></ul><ul><li>If External Trainers used: </li></ul><ul><ul><li>Cost of time of Internal HR in Sourcing Trainers </li></ul></ul><ul><ul><li>Cost of time of Internal HR in Scheduling Training </li></ul></ul><ul><ul><li>Training Fee paid to external trainer </li></ul></ul><ul><li>Cost of designing the Training Modules </li></ul><ul><li>Cost of Training Materials used </li></ul><ul><li>Cost of Infrastructure used for Training </li></ul><ul><ul><li>Venue </li></ul></ul><ul><ul><li>Electricity </li></ul></ul><ul><ul><li>Refreshments </li></ul></ul>
  6. 6. Cost of Employment <ul><li>Once candidate joins MaxVal, he/she is put on a 1 month training program post which the employee goes live. </li></ul><ul><li>Hypothetically, on an average, a candidate takes 1.5 – 2 months to become productive (confirm) </li></ul><ul><li>Hence the company has lost a quarter of the year getting a candidate on board and performing </li></ul>
  7. 7. Our Proposal to MaxVal <ul><li>Approach A - The Conventional Model of Recruitment </li></ul>Source Assess Induct Train Approach B - The Contemporary Model of Recruitment – The Intellect League Way Source Assess Train Assess Induct
  8. 8. Approach A - Features <ul><li>Tried and Tested Method – Comfort Zone </li></ul><ul><li>Low candidate commitment levels </li></ul><ul><li>“Intention to Join and Stay” assessed at very late stage in the process </li></ul><ul><li>Fitment factor can be assessed only after the candidate joins </li></ul>
  9. 9. Approach B – Benefit Analysis to MaxVal <ul><li>MaxVal saves on cost of the End-to-end recruitment. </li></ul><ul><ul><li>Sourcing Cost </li></ul></ul><ul><ul><li>Cost of Assessments </li></ul></ul><ul><li>MaxVal saves on the cost of Training and Assessments </li></ul><ul><li>MaxVal save on the cost of Employment by getting on board a workforce who becomes productive in a shorter span of time! </li></ul><ul><li> Time saved = Money Saved </li></ul>But HOW?
  10. 10. Intellect Leagues’ Finishing School for IPR Freshers <ul><li>MaxVal can tie up with Intellect League for trained, ready-to-hit-the-road-running, manpower </li></ul><ul><li>6 Day focused training on IPR and Employability </li></ul><ul><li>The cost of training in this model is borne by the candidates themselves </li></ul>
  11. 11. Advantage MaxVal <ul><li>MaxVal gets trained freshers </li></ul><ul><li>Candidates pay for training </li></ul><ul><li>Commitment levels of the candidates are high as he/she has invested money and undergone training </li></ul><ul><li>As candidates pay for training intention to join is assessed very early in the process </li></ul><ul><li>Time not spent in training after joining MaxVal </li></ul><ul><li>Freshers start performing within a short period of joining MaxVal </li></ul><ul><li>Committed individuals will stay longer with MaxVal keeping a check on the attrition levels </li></ul><ul><li>Individuals who have made an informed choice and invested to learn will be more productive than any other candidate looking for “just any job” </li></ul>
  12. 12. Intellect League would be proud to Partner with you! <ul><li>Like MaxVal, Intellect League also believes that in business, nothing is more rewarding than your clients trust in you. </li></ul>Intellect League would be extremely happy to be of service to you with its Innovative Talent Acquisition Model
  13. 13. Thank You! www.intellectleague.com Process People Strategy Thank You

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