Bank of Ireland is a leading financial services organization and the largest lender into the Irish economy, operating across Ireland, the UK, Germany and the US. Omni has been a key resourcing partner to the Bank since our inception more than 20 years ago, managing its IT contractor workforce in the UK.
Aims & Objectives
Having previously relied on agencies to source all contractors, Bank of Ireland approached Omni looking for a single supplier that was able to manage resourcing requirements for its UK head office. They wanted an effective end-to-end solution that would bring in time and cost efficiencies and reduce the administrative burden on their team.
What we do
Omni supports the Bank with an end-to-end solution from candidate sourcing through to onboarding and ongoing contractor care, managing over 600 contractors to date.
Direct Sourcing
We boast a direct sourcing rate of 100% across all roles including Test Analysts, Project Managers, Development and Architecture roles as well as Business Intelligence, Support and senior roles. Omni’s expertise in directly sourcing candidates has enabled the Bank to achieve significant cost savings year-on-year.
Consistent Processes and Candidate Management
Through the implementation of Omni’s recruitment workflow and applicant tracking system ‘Appellia’, the contractor resourcing process has been streamlined and standardised, removing the time and administrative burden away from hiring managers. All candidates are managed consistently and hiring managers have just one single point of contact.
Control and Visibility of Contractor Resourcing
By providing a single centralised system for vacancy approval and extension management, as well as time sheeting and self-billing, Appellia pulls all data together providing the Bank with greater insight and control of the entire process, enabling them to better control costs and plan future requirements.
Contractor Care
Contractors are fully supported by Omni’s contractor care team that manages all queries relating to payroll, timesheets and contracts, with regular ‘surgeries’ held on site to provide ongoing visible support. We also ensure ongoing compliance with regulations and employment legislation, and manage screening & vetting for every contractor, giving Bank of Ireland complete peace of mind.
Key results:
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Average cost savings per year £60k through direct sourcing
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600+ Hires Fixed Term Contractors to date
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95% Hiring Managers rating service received by Omni as ‘Excellent’ or ‘Good’
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Average Time to Hire: 14 days
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Direct Sourcing Fulfilment Ratio: 100%
For more information on how Omni can help you change the way you resource for the better and our flexible Managed Service Solutions contact Mike Sixsmith:
e: mike.sixsmith@omnirms.com
t: 07711596153
