HUMAN RESOURCES: RECRUITMENT PROCESS RE-ENGINEERING

Background

A bank in Middle East was looking to expand rapidly. It had 250 open positions and all departments complained of delayed in hiring. It took on an average 13-15 weeks to recruit a new hire. Hiring capacity was about 30 per month.

Methodology

Arete financial Partners helped map “As-Is” process maps for recruitment processes. It identified the issues and disconnects in the process. A new “To-be” process was developed. A technology platform was developed to support the redesigned process. New recruitment policies were developed.

Business Outcomes

As a result of this change recruitment process capacity was increased four times without adding FTE. Recruitment cycle was reduced to two weeks.