Typical Recruiting Funciton and Associated Issues
In - House Team
Employ team as a fixed cost which leads to large cost even when demand is low
External Vendors Used When Demand is High
Fixed base of talent acquisition team doesn’t have the bandwidth to support high demand – cost variability
Considered Back Office Function
Not part of the core business function of an organization
Resources Prioritized to Core Business vs. Talent Acquisition
Organization will prioritize allocating resources to front office core business needs rather than to talent acquisition needs
Talent acquisition is a fundamental driver for businesses growth, but is often treated as a back-office function
Lower cost per hire due to efficiencies in fixed / variable costs
Large fixed cost for current talent acquisition team when demand is high, there is a high variable cost
Going to bring the best practices from our experiences to the client
One size doesn't fit all - RPO
Improvement in recruitment process experience for hiring manager and candidate
How is RaaS Different
Lower cost per hire, better experience and faster turn around time while maintaining flexibility / scalability / customizability
RaaS | RPO Model | In-house Recruiting | |
---|---|---|---|
Lower Cost per Hire | |||
Cost Predictability | |||
Faster Turn Around Time | |||
Flexibility | |||
Scalability | |||
Customizability |
More predictability for your cost structure helps you reduce variation in talent acquisition costs,
while reducing the overall cost as well via lower cost per hire
Client receives a free high-level RaaS assessment
Working together to build bespoke talent acquisition solution for the organization
Ztek proposes differed solutions to the client to implement the ztek raas model
Start initial raas trial on one business division or fully implement raas if ready
Overview:
- Client is a large global professional services firm
- Has used RaaS for over one year
- Offer client white-glove service that has been customized for their needs
- Client wanted to reduce hidden costs in talent acquisition to ultimately reduce cost per hire
- Goal was to have less variability in organizational cost structure
Relied on agencies for as many as 60% of its global hires. Reduced to 2% Client Success Story