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The organisation |
Initially launched in 1999 to compare personal finance products Moneysupermarket.com has rapidly expanded their services to now include motoring, travel, utilities and much more. Their reputation is built on two simple premises: to help buyers save money and time in finding the best product for their needs.
With over 150 websites using their tools including Yahoo and Tiscali and partners including The Financial Times and NTL it is no wonder that the website has continued to grow and allowed CEO Simon Nixon to win Cheshire's Young Director of the year award, 2005.
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The recruitment challenge |
A high volume of recruitment was needed to keep up with the growing needs of the business. The problem was that the arrangement Moneysupermarket had set up with a sole supplier was not delivering enough candidates of a sufficiently high calibre to meet the need.
Realising that an alternative had to be found, Moneysupermarket.com turned to Omni for a solution that would generate higher volumes of recruits more effectively.
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Omni’s approach |
Moneysupermarket was overly dependent on its sole supplier agency. Omni recommended a strategy that would help Moneysupermarket to save money and improve the quantity and calibre of candidates by making better use of all recruitment channels.
It now provides a full, outsourced recruitment service, which optimises use of direct channels and only brings in the specialist expertise of preferred suppliers for vacancies that have not been filled by direct methods.
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The solution |
Omni has dramatically widened the recruitment net for Moneysupermarket, increasing the likelihood of finding the right candidate at the right time and cost.
Wherever possible, the emphasis is on direct recruitment via a microsite, which helps Moneysupermarket's talent managers to keep track of the recruitment process and retain control over the vacancy lifecycle.
“The fee structure is on a win-win basis: the less Moneysupermarket spends on recruitment, the higher the GP we achieve,” explains Omni managing director Robert Leggett. “It's an arrangement that keeps everyone happy!”
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The bottom line |
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40 per cent reduction in agency dependency |
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17 per cent reduction in recruitment agency fees |
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Five figure projected annualised cost savings |
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Reduced management time in dealing with recruitment agencies |
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Greater efficiency in recruitment processes |
Find out more about the benefits of outsourcing recruitment by emailing enquiries@omnirms.com |
Omni Manchester: Richmond House, Heath Road, Hale, Altrincham, Cheshire WA14 2XP |
Omni London: 35 Piccadilly, London W1V 9PB |
T:0161 929 4343 F:0161 928 7683 E enquiries@omnirms.com |
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