Recruiting as a Service
Recruiting as a Service
Recruiting as a service
Recruiting as a service
Bespoke solution that integrates and supplements
the current internal recruiting model.
Typical Recruiting Funciton and Associated Issues
Typical Recruiting Funciton and Associated Issues
In - House Team
In - House Team
Employ team as a fixed cost which leads to large cost even demand is low
Employ team as a fixed cost which leads to large cost even demand is low
External Vendors Used When Demand is High
External Vendors Used When Demand is High
Fixed base of talent acquisition team doesn't have the bandwidth to support high demand -cost variability
Fixed base of talent acquisition team doesn't have the bandwidth to support high demand -cost variability
Considered Back Office Function
Considered Back Office Function
Not part of the core business function of an organization
Not part of the core business function of an organization
Resources Prioritized to Core Business vs. Talent Acquisition
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
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
Talent acquisition is a fundamental driver for businesses growth, but is often treated as a back-office function
Focus
Focus
Lower cost per hire due to efficiencies in fixed / variable costs
Lower cost per hire due to efficiencies in fixed / variable costs
Cost Per Hire
Cost Per Hire
Large fixed cost for current talent acquisition team when demand is high, there is a high variable cost
Large fixed cost for current talent acquisition team when demand is high, there is a high variable cost
Smooth Costs
Smooth Costs
Going to bring the best practices from our experiences to the client
Going to bring the best practices from our experiences to the client
Best Practices
Best Practices
Improvement in recruitment process experience for hiring manager and candidate
Improvement in recruitment process experience for hiring manager and candidate
Improved Experience
Improved Experience
One size doesn't fit all - RPO
One size doesn't fit all - RPO
Customizability
Customizability
Why RaaS Works
Why RaaS Works
Lower cost per hire, better experience and faster turn around time while maintaining flexibility / scalability / customizability
Lower cost per hire, better experience and faster turn around time while maintaining flexibility / scalability / customizability
How is RaaS Different
How is RaaS Different
RaaS
RaaS
RPO Model
RPO Model
In-house
Recruiting
In-house
Recruiting
Lower Cost per Hire
Lower Cost per Hire
Cost Predictability
Cost Predictability
Faster Turn Around Time
Faster Turn Around Time
Flexibility
Flexibility
Scalability
Scalability
Customizability
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
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
RaaS Cost Structure Benefits
RaaS Cost Structure Benefits
* Illustrative chart based on data from existing clients
RaaS Cost Structure
In-house Recruiting Cost Structure
Time
Cost
Hiring freeze
(example: COVID-19)
Hiring surge
(external vendors used)
01.
2 weeks
Client receives a free high-level raas assessment
Analyze
02.
4 weeks
Working together to build bespoke talent acquisition solution for the organization
Solutioning
03.
2 weeks
Ztek proposes differed solutions to the client to implement the ztek raas model
Proposal
04.
8 weeks
Start initial raas trial on one business division or fully implement raas if ready
Trial / raas implementation
How Your Organization Can Pilot Raas
01.
2 weeks
Client receives a free high-level raas assessment
Analyze
02.
4 weeks
Working together to build bespoke talent acquisition solution for the organization
Solutioning
03.
2 weeks
Ztek proposes differed solutions to the client to implement the ztek raas model
Proposal
04.
8 weeks
Start initial raas trial on one business division or fully implement raas if ready
Trial / raas implementation
How Your Organization Can Pilot Raas
Overview:
Overview:
Goal was to have less variability in organizational cost structure
Goal was to have less variability in organizational cost structure
Client wanted to reduce hidden costs in talent acquisition to ultimately reduce cost per hire
Client wanted to reduce hidden costs in talent acquisition to ultimately reduce cost per hire
Offer client white-glove service that has been customized for their needs
Offer client white-glove service that has been customized for their needs
Has used RaaS for over one year
Has used RaaS for over one year
Client is a large global professional
services firm
Client is a large global professional
services firm
Results:
Results:
Relied on agencies for as many as 60% of its global hires—this was reduced to 2% with RaaS.
Relied on agencies for as many as 60% of its global hires—this was reduced to 2% with RaaS.
NPS Score:
NPS Score:
80%
80%
Cost per Hire:
Cost per Hire:
25%
25%
Turn Around Time:
Turn Around Time:
50%
50%
Interview to Hire Ratio:
Interview to Hire Ratio:
100%
100%
Client Success Story
Client Success Story
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