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A different approach to Talent Management

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  1. 1. Refer2Win Consulting Pvt Ltd Private & Confidential
  2. 2. Business Model <ul><ul><li>Refer2win Consulting aims to address one of the most </li></ul></ul><ul><li>pressing problems faced by organizations today - Talent </li></ul><ul><li>Management. </li></ul><ul><ul><li>Refer2win Consulting helps Organizations to reduce the </li></ul></ul><ul><ul><li>Cost Per Hire, improving quality of hire, reducing risk, </li></ul></ul><ul><ul><li>and achieving higher levels of performance. </li></ul></ul><ul><ul><li>Refer2win’s Goal is to place the right person in the right </li></ul></ul><ul><ul><li>job, every time. </li></ul></ul>Private & Confidential
  3. 3. Product & Service Offerings <ul><li>Products : </li></ul><ul><ul><li>Refer2win is a social networking platform for High Quality Talent pool. </li></ul></ul><ul><ul><li>Organizations can source top talent by leveraging the social networking </li></ul></ul><ul><ul><li>platform of refer2win and improve the business performance. </li></ul></ul><ul><ul><li>Refer2win is a platform where organizations can reach and hire Active </li></ul></ul><ul><ul><li>and Passive job seekers through its referral network. </li></ul></ul><ul><ul><li>Refer2win is an social networking portal where candidates can come join </li></ul></ul><ul><ul><li>and apply to jobs or Refer jobs to their friends and family and get </li></ul></ul><ul><ul><li>rewarded. </li></ul></ul><ul><ul><li>Refer2win also empowers jobs seekers to have the applicants get </li></ul></ul><ul><ul><li>legitimate referenced background on the company they would like </li></ul></ul><ul><ul><li>to work. </li></ul></ul>Private & Confidential
  4. 4. Features and Benefit <ul><li>Reach Hidden Talent Pool-Refer2win has the advantage of reaching the right talent pool you want to attract. </li></ul><ul><li>Influences the passive Job Seekers as the job offer comes from a trusted source </li></ul><ul><li>Prescreened Pool of Talent. </li></ul><ul><li>Maximizes Work efficiency by minimizing time & labour </li></ul>Private & Confidential
  5. 5. Our Referral Hiring Portal Private & Confidential
  6. 6. Product & Service Offerings <ul><li>Services : </li></ul><ul><ul><li>Campus Recruitment Training (CRT’s) </li></ul></ul><ul><ul><li>Campus Recruitment Drives for Corporate </li></ul></ul><ul><ul><li>Corporate Training (Custom Built Training & Development Programs) </li></ul></ul><ul><ul><li>Flexi/Temporary Staffing </li></ul></ul><ul><ul><li>RPO : Recruitment Process Outsourcing </li></ul></ul><ul><li>We handle the complete recruitment processes, according to client </li></ul><ul><li>preferences from writing job descriptions to directly sourcing and </li></ul><ul><li>screening of candidates </li></ul>Private & Confidential
  7. 7. Challenges of the existing job portals in India Private & Confidential
  8. 8. Limitations of conventional jobsites <ul><ul><li>Same resume’s on all sites </li></ul></ul><ul><ul><li>Junk applications </li></ul></ul><ul><ul><li>Low quality of resume’s </li></ul></ul><ul><ul><li>Expensive inventories </li></ul></ul><ul><ul><li>Lack of Accountability on performance </li></ul></ul>Private & Confidential
  9. 9. Limited reach … <ul><li>Only a portion of Active Jobseekers is reachable </li></ul><ul><ul><li>Active Jobseekers are candidates who are actively looking out for a suitable job at any point in time </li></ul></ul><ul><li>Only a minority of the job market is really “Active” </li></ul><ul><li>There is enough duplication of these CV’s amongst sites </li></ul><ul><li>Promotion driven jobsite registrations, generally fetch junk CV’s </li></ul><ul><li>Sorting & screening of applications is very time consuming </li></ul>Private & Confidential
  10. 10. The genuine High Quality pool <ul><li>Passive Jobseekers are hard to find </li></ul><ul><ul><li>People who don’t actively seek & hence would rarely visit jobsites </li></ul></ul><ul><ul><li>Would however, not mind evaluating a great opportunity that comes their way </li></ul></ul><ul><li>Passive jobseekers are a massive part of the employed population </li></ul><ul><li>They are stable, valuable & contented employees </li></ul><ul><li>Job-switch is a “Sensitive” matter, they would consider only a “Trusted source” </li></ul><ul><li>There is no easy way to target & tap them </li></ul>Private & Confidential
  11. 11. What works best : REFERRALS <ul><li>Internal company referral programs </li></ul><ul><li>The company pays a nominal reward for every successfully referred (hired) candidate </li></ul><ul><li>Most big & small company’s have an internal referral program </li></ul><ul><li>Best quality of recruits - many “passive” jobseekers </li></ul><ul><li>Better knowledge about the job & organization </li></ul><ul><li>Payment only upon successful joining of candidate </li></ul><ul><li>Lower COA (Cost of acquisition) </li></ul>Private & Confidential
  12. 12. Leveraging the Power of Internet <ul><li>“ Social Networks” </li></ul><ul><li>Larger communication among friends </li></ul><ul><li>Members usually are selective in choosing “Friends” </li></ul><ul><li>Think of Orkut, Linked in, Facebook, etc. </li></ul><ul><li>“ Networkers” – As we call them! </li></ul><ul><li>These are socially active people who have a lot of friends </li></ul><ul><li>They feel good to be part of a large personal network </li></ul><ul><li>They may be part of online / offline & casual / professional networks </li></ul>Private & Confidential
  13. 13. Referral Cash Rewards Monetize Social Networks… Private & Confidential
  14. 14. The registers with user and refers his friend for Job posted on Refer2win The Candidate browse through the job referred and applies Refer2win’s KPO screens all the profiles referred to for a job listing and sends only relevant CVs to the Employer The Employer conducts interviews of the candidates referred to by Refer2win’s KPO Employer The Refer2win User gets cash reward from Refer2win once the Employer hires his friend / acquaintance and once the candidate completes one month of his service Refer2win enables people to refer their friends / professional contacts to jobs and be financially rewarded on every successful HIRE User The Process Flow Private & Confidential Candidate Refer2win KPO Short-listed Candidates
  15. 15. <ul><li>Advisor-Mentor : Mr.Sangeeth Vargesee </li></ul><ul><li>MBA from london School of Economics, Had earlier worked as a Consultant at UNO. He is the Author of the Bestseller “Decide to Lead” . Sangeeth Varghese is a globally acknowledged leadership thinker, and the founder of LeadCap. </li></ul><ul><li>CEO : V.Narayana Swaroop </li></ul><ul><li>Commerce Graduate with an experience of 10 years plus in Sales, Marketing, Management, Organizational Development and HR . His areas of interest include Biometrics, Network Solutions, ICT for Rural People, Business Intelligence, Project Management. </li></ul>Private & Confidential Executive Team
  16. 16. <ul><li>Beta Clients </li></ul>Private & Confidential
  17. 17. Closing Thoughts … <ul><li>War For Talent …. To stay !!! We want to serve you </li></ul>Private & Confidential
  18. 18. Thank You Private & Confidential