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14 August 2001
Poor recruiting habits are costing major Australian corporations money, according to a recruitment software solutions specialist. RecruitASP chief executive Kim Scott said corporations needed performance figures to ensure that recruitment was measurable like other commercial activities. "Most companies either just accept the fact that recruitment is a large operating expense or do not realise the financial implications of poor recruiting practice," Mr Scott said. The costs of recruitment could be as high as $30million to $40million per year per 10,000 employees, or $3500 annually for each employee in the business, he said. RecruitASP is the technology offshoot of Jobnet, which provides IT recruitment services. RecruitASP delivers hosted recruitment applications and services to corporate recruiters and line managers, including the tools necessary to establish a recruitment process designed to deliver cost savings of up to 80 per cent. The company's local clients include Deloitte and recruiters DMA and Sapphire Technologies. Mr Scott said corporates were demanding higher value from recruitment processes, and more efficient ways of providing candidates. "We provide tools that enable quick introduction of recruitment processes fast and deliver figures to support better processes," he said. "We have partners that can help with the change management process, changing behaviour of line managers and people involved in recruiting to deliver better outcomes. "Mr Scott internet advertising would become an increasingly important recruitment tool. Previously, users of the net were deluged with candidates that they couldn't do anything with, but now there are tools to help "manage the candidates and do things like online assessment".
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