One
of the largest recruitment companies in the UK
had a significant problem in filling vacancies
in the senior IT arena, particularly high paying
contract work. The gap was proving highly demotivating
for the staff in this field, targets were being
missed and the companies reputation was suffering
with their clients.
Pulse developed a points based
incentive scheme which allowed the recruitment
consultant to source a wider range of independent
IT contractors by providing ongoing distance learning
to those contractors who committed to work for
Hays only for
a period of time.
The ongoing IT
training is essential to independent contractors
and would cost them anything up to 7.5k a year.
Hays operated a distance learning system internally
that we extended to the contractors. This had
real value to contractors in terms of career and
finance.
The recruitment consultancy found that
they had drawn all the best contractors to them
and even more useful was that if a contractor
was missing some of the skills required for a
particular contract Hays could build their skills
immediately and not lose revenue by missing the
opportunity with the client. This scheme was extended
across the entire group and is still being refined
and improved upon.
The
Brief
Examine candidate skill shortage at senior programmer level and find a solution
The
Solution
Identify candidate skill shortage, source and interview candidate profile to assess reason for problem. solate main reason for scarcity and develop and implement a scheme for resolution. In this example a very simple reward points system.
The
Results
Virtual elimination of candidate
shortage, resulting in vast increase in average order value, turnover and profitability. This scheme has now
been rolled out across the entire company.