Chemistry Recruitment - Our Story
-
Upload
roger-philby -
Category
Business
-
view
847 -
download
0
Transcript of Chemistry Recruitment - Our Story
Accurate, rapid hiring
Please listen – It’s important and here’s why…
£24bna year is spent on managing poor performers because…
Source: Future Foundation project – Getting the Edge in the New People Economy
…3 out of 4 hires are wrong!
Source: 2006 Chartered Institute of Personnel and Development (CIPD) Report
Chemistry Recruitment - The Result
% Accuracy of predicting
future success in
role
Selection Methodology
CV & Interview25%
Behavioural / Competency Interview 40%
BEI/Psychometrics/Assessment Centre 75%
BEI/Psychometrics/Assessment Centre and shadowing
95%
Source: British Psychological Society
Your current recruitment agencies
(at their best!)
Chemistry Recruitment(minimum
performance)
Just hiring 9 people Chemistry Recruitment could save our clients
£5,000,000!
*9 hires at £50k salary per person
• Independent research suggests that the cost of getting hires wrong is calculated as 14.6x their salary and that 75% of hires are mis-hires
• Even a conservative estimate* means therefore that the cost of mis-hiring sales people in most businesses may be up to £40m every year
• This cost is seen through average or poor performance, the costs of re-hiring and re-training, management time to manage poor or average performance etc.
• We have encountered this level of wastage in every organisation we have worked with
• The Chemistry approach creates a process where at least 75% of hires are accurate, so only 25% are mis-hires
• This could represent a saving in this project of at least £5,000,000*
£50m
£40m
100% 75% 50% 25% 0%
Cost of mis-hires
Potential saving with Chemistry
Industry averageChemistry average
Accuracy of recruitment process
£30m
£20m
£10m
Chemistry Recruitment works with organisations in your sector to hire the best
people, every time!
Nokia• Worlds largest mobile handset
company
Orange• Leading mobile operator• Selected as 1 of 2 suppliers for all
senior roles at Orange• Advise on entire recruitment
approach
F5 Networks• F5 is the global leader in
application delivery networking• Profiled pre-sales and sales
manag’t in order to identify future leaders
Cable & Wireless • One of the world’s
leading communications companies
“Chemistry have allowed us to access talent, we either didn’t see or felt we were incapable of hiring” Ben Carter, Head of Retail
“Innovative, rigorous and practical. The only recruitment company to demonstrate true innovation” Charlie Sampson, Head of Executive Resourcing
“Chemistry have the smartest recruitment and “people” people in business today” Sam Edwards, EMEA HR Director
“They built the team that turned this business around and sold it for £750m” John Pluthero, CEO, Cable & Wireless
• Transition of sales - product to solution• Management assessment and replacement
• Cracked their hardest to fill roles in 2 weeks
• Continue to hire across sales & marketing
Who we are• The Chemistry team is a unique blend of experienced business managers,
experienced recruitment professionals and highly trained people experts (psychologists)
• On recruitment projects we will have a Lead Consultant, Researcher and a “Specialist”, as well as Quality Assurance provided by a Director
Bradley Winstanley- Lead Consultant
Roger Philby- The Director
Elouise Payne- The “specialist”
Danielle Vella- The Researcher
What he will do for our client:- Manages entire project, sourcing and selecting the very best talent against the client requirements- Client liaison
Why Bradley?- 10 yrs experience hiring in telecoms/technology - A dapper dress sense (bit of a reach we know)
What he will do for our client:- Quality assure all the work- Recruitment subject matter expert- Brings the most amazing telecom network to bear
Why Roger?- Over 15 years recruitment and management experience- Passion for making recruitment effective for business- Deep knowledge of telecoms environment
What she would do for our client:? Profiles and analyses candidates- Recommends psychometric tools
Why Elouise?- Qualified psychologist- Analytical and people genius!- Loves her work and “gets” people
What she will do for our client:- Identify, approach and qualify passive candidates within Endance’s competitors
Why Danielle?- Chemistry’s most experienced researcher- Worked on clients such as Orange, Energis, C&W, Redline and Nokia