Dow Corning to save 20 per cent annually through recruitment process outsourcing
Released on: December 5, 2007, 12:51 am
Press Release Author: Iain Martin
Industry:
Press Release Summary: Global chemical and technology group Dow Corning expects at least a 20% saving in its annual recruitment costs after implementing a bespoke recruitment process outsourcing (RPO) package designed by Aon Consulting.
Press Release Body: Global chemical and technology group Dow Corning expects at least a 20% saving in its annual recruitment costs after implementing a bespoke recruitment process outsourcing (RPO) package designed by Aon Consulting.
Nick Peligno, business development manager at Aon Consulting, said: "The company has appointed Aon Consulting as its recruitment partner for a three-year period. Aon already provides the company with pensions administration services and our knowledge of the client allowed us to develop an appropriate RPO package speedily.
"Following an audit of Dow Corning's recruitment process it became apparent that outsourcing the process would allow the company to focus on its core competencies without significant investment in related technology and personnel. As part of the RPO package, we have introduced online job advertising on targeted vacancy boards and revamped the careers section of the company's website. This has allowed the company to stop using external recruitment agencies with only a third of its recruitment budget now allocated to traditional off-line media advertising"
Nick Peligno said that RPO provides the Dow Corning management with enhanced data and the ability to measure recruitment performance more robustly. "We are confident of building on the achievements made in the first six months of the contract for the client."
Lyn Evans, UK Human Resources Manager at Dow Corning, said: "The introduction of RPO has helped us reinvigorate our branding and make Dow Corning an attractive destination for top talent. Aon created a bespoke package that has already reduced times taken to recruit candidates and significantly increased the talent pool from which to make selections. This is all being achieved with savings in annual recruitment costs of up to 20%."
Notes to editor:
About Aon Consulting
Aon Consulting is a leading human capital consultancy, helping organisations of every size to attract and keep the employees they need. We advise on all aspects of employment, including health-related insurance and risk; employee compensation and pensions; human resource strategy planning; job design and change management; and staff assessment and legal issues. Aon Consulting is a division of Aon, one of the UK's largest insurance brokers and providers of risk management services and a major force in reinsurance and the UK human capital consulting market. Aon Consulting Limited is authorised and regulated by the Financial Services Authority.classic car insurance
Aon UK is ranked by A.M. Best as the number one global insurance brokerage based on brokerage revenues and voted best insurance intermediary, offering classic sports car insurance, high value home insurance, entertainment and media insurance and construction site insurance.
Web Site: http://www.privateclients.aon.co.uk/privateclients/microsites/cars/classic.aspx