Bank saves with online recruits

first_img Previous Article Next Article Related posts:No related photos. Comments are closed. HFC Bank says a new online recruitment programme will save it £500,000 ayear and improve the quality of new hires. David Smith, head of HR operations in the UK and Europe, said HFC – thelargest independent finance house in the world – recruits up to 1,000 people ayear, and the way it was managing candidates through the recruiting processneeded to be improved. “With the old system, branch managers had to look at too many CVs andit was taking too long,” he said. “We were asking too much of them.We needed to remove the front-end log-jam and needed to filter more.” The new system, tailor-made by HR Portal, allows agencies to advertisevacancies on the best job sites and includes a careers portal on the HFC Bankwebsite. It also provides better filtering of candidates and manages themthrough the system. Managers are now presented with a shorter list of more appropriatecandidates. Smith said feedback indicated if candidates were good, reducing the numberof interviews needed and saving both time and money. “We are not removingthe manager from making decisions, we are just giving them bettercandidates,” he said. Bank saves with online recruitsOn 7 Jan 2003 in Personnel Todaylast_img