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RECs CEO: "Recruitment Industry to thrive within next 5 years"

Last updated on Tuesday, December 2, 2014

Written by Churchill Knight

Following his presentation at Recruitment Live, in which he described the changing world of work and the corresponding challenges for recruiters, he outlined the importance of choosing a good platform from which to work from a technology point of view, but was keen to emphasise the need to ensure recruiters had the necessary skills to match candidates to clients successfully.

“For me its a human question,” he said. “Have you got the right people in your business, have they really got the leading edge skills and abilities to liaise with candidates and clients and marry up those competing demands? I think you’ll find the businesses doing well are those that attract good resources and good recruiters, hold them in their business and really train and invest in them.” Green’s presentation included reference to the REC’s new research produced with the CIPD and the Chartered Institute of Procurement and Supply (CIPS). The survey of 272 employers provided insight into their use of preferred supplier lists, recruitment process outsourcing, and vendor neutral and master vendor models. Senior HR and procurement professionals were asked to select the three most important factors that contribute to their choice of resource model of which the 3 most popular are displayed below;

  1. Attract the right people into the role (67%)
  2. Reduce the cost of recruitment (42%)
  3. Reduce time to hire (39%)


Responding to the report Green said: “An over-emphasis on cost and time to hire can often lead to unintended consequences, such as the candidate’s experience of the recruitment process being poor. In the end, getting that right will improve outcomes like finding and retaining the right staff and employer reputation. We want to see recruiters seek to influence their clients’ supply chain by providing more strategic advice in areas such as workforce planning, innovation around attracting candidates and helping to shape their longer-term workforce strategy.” David Noble, the CEO of the Chartered Institute of Procurement and Supply also commented on the survey’s findings: "There were some great takeaways from this survey, not least that strategic partnerships with suppliers are likely to support good planning and innovative approaches to managing resources. Good, all-round procurement skills including tangible measurements combined with softer skills is something we advocate along with high ethical awareness,” he said.

Sourced from Global Recruiter.

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