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The way an organization recruits and hires its workforce has a profound impact on business effectiveness and operational efficiency. There is much at stake, and finding the right partner is imperative. Leading organizations acknowledge a fundamental reality of today’s economic landscape—success lies in effectively balancing two crucial practices:
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Attracting & retaining the right talent in a continually changing workforce
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Reducing costs & increasing shareholder value
Spherion® helps organizations accomplish these often challenging mandates through its Total Workforce Acquisition (TWA) services—a single, strategic and proactive HR solution that incorporates direct-hire and flexible workers into one, diverse talent pool and applies best practices and technology that have saved our customers up to 25% in human capital acquisition costs.
For example, a major Internet service provider realized $2 million in first-year savings in hourly staffing costs, and the metrics reporting provided by Spherion enabled it to lower administrative staffing costs by another 10%. A large healthcare organization met its first-year cost reduction goals and obtained a $650,000 reduction in flexible staffing costs in the last two years.
We put you in control of hiring spending and output by providing robust tracking and reporting that pinpoints process bottlenecks and opportunities for savings. With Total Workforce Acquisition you can capture, manage and analyze important regulatory and diversity data to ensure compliance and objective hiring decisions. But more importantly, we free your HR organization from administrative and transactional duties to focus on maximizing human capital performance that drives both top- and bottom-line results.
Spherion Delivery Value Chain
Our goal is to help you make your workplace work better. We meet that goal by using strong internal methodologies and processes that add value within each area of our delivery value chain:
Planning
Organizations often focus solely on the cost and time-saving benefits of streamlining their recruitment and hiring process. But there are even greater benefits. Spherion studies your recruitment processes to track sourcing effectiveness, evaluate quality of hires, generate ROI reports that balance the time/cost per talent acquisition and inventory your current talent. So in the end, we are recruiting the right talent, at the right time and at the right price.
Sourcing
Our 360-degree approach to sourcing taps into both active and passive job candidates, internally and externally, through a methodology we’ve been perfecting for 60 years. We have more than 2,000 recruiters with access to nearly 2.5 million resumes in our real-time, candidate database—one of the largest resume databases in the country. In fact, Spherion screened nearly 1.5 million workers and put 300,000 of them to work in the last year. And, Spherion has the staffing industry’s only fully-integrated web-based system enabling us to respond to customer needs and fill open positions with greater speed and efficiency and provide more detailed metrics and analysis of the services delivered.
Assessment and Selection
Assessments are a vital part of any comprehensive staffing strategy. Spherion’s top IO psychologists designed the patented selection process we use to objectively prescreen and select candidates. Our hard- and soft-skill assessments evaluate the knowledge, skills and background of potential candidates. We’re able to match candidate characteristics with those associated with high performance in specific functions and industries. Spherion has found that 75% of applicants respond during non-business hours, so we provide 24/7 access to our application and screening technology in order to capture all potential candidates.
Hiring and On-boarding
Spherion provides every new employee with the tools necessary for a successful and productive start. From coordinating computer and building access and standard paperwork to payroll set-up, Spherion takes care of every detail.
Training and Retaining
Once on-board, Spherion ensures your workforce is productive and performing at maximum capacity. Through our formalized quality program, Spherion QA, we measure client satisfaction, track candidate performance enterprise-wide and utilize these findings to improve future hiring decisions.
Robust Reporting and Analytics
Spherion knows that your ability to leverage the investment made in your workforce is directly tied to your understanding of workforce analytics. We provide real-time, integrated reporting capabilities, from average bill rates and time and expense tracking to score cards on worker performance. All available at your fingertips, so you can improve your strategic decision making, increase accountability across the recruiting process and deliver measurable, bottom-line results.
Looking to maximize your human capital for competitive advantage? Contact us today.
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