adding value to hiring
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Adding Value to the Hiring FunctionJones Lang Lasalle
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Facility Management Industry in India
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2008 2009 2010 2011 2012 2013
Market Size & Growth
Industry Analysis Drivers/Challenges Case Objectives Recommendations Appendix
Region-wise market split
• The facilities management services market has
been valued at 3.3 billion $ in 2009.• The market is expected to grow at 22%
annually.
• The organized market is about 150 mn square
feet and un-organized is about 1 bn square
feet.
• With the growing IT/ITes & retail sectors in
India, the market for facilities management
services looks positive.
Delhi (20%)
Andhra Pradesh (5%)
Bangalore (35%)
Mumbai/Pune (20%)
Chennai (10%)
OthersSource: Netscribes, Inc report on facility management services India
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Drivers & Challenges
Industry Analysis Drivers/Challenges Case Objectives Recommendations Appendix
Drivers Challenges
Source: Netscribes, Inc report on facility management services India
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Availability of Manpower
Industry Analysis Drivers/Challenges Case Objectives Recommendations Appendix
• Facilities management requires 3-fold manpower comprising professionals,
skilled and unskilled labor.• There are very few professionals who can handle large infrastructure projects, the
demand for them is huge in India.
• The unskilled manpower easily switches jobs for better payments and hence
controlling employee turnover at that level is a big challenge.
Three fold manpower
Professional Skilled Unskilled
Requires technical qualification Requires expertise and relevant
qualificationsThese are the one’s who deliver
the results.
0 20000 40000 60000 80000
Professional
Skilled
Unskilled
Salaries range for Manpower
Minimum
Maximum
Source: Netscribes, Inc report on facility management services India
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Best Practices which can be implemented
• The content map evaluates allrelevant content parameters likefacility management concept,emergency concept, cost reductionconcept, offered service levels,service portfolio etc
Total ContentManagement
• The stakeholder map evaluates allrelevant stakeholders likeManagement, Owner, User, Staff,Legal, Workers Committee,Shareholders, Renters etc. In thatcase it means how to involve them
(functional, convincement,informative), conceptionalrequirements, functionalrequirements etc
Total StakeholderManagement
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Sourcing the Candidates
The value of hiring a right candidate is directly dependent on the time it takes to fill a position from
each recruiting source and also the cost involved in the same.
Cost of Wrong Hires (OUCH!)
Opportunity Costs
CFO’s surveyed said that on average,
supervisor’s spend 17% of their time
(one day per week) – managing poorly
performing employees.
Unhappy Workers
60% of hiring managers said that bad
hires affect team morale.
Compensation & Other Expenses
A wrong hire can cost about 2.5 years
of the hire’s annual income to the
company.
Hiring Time
According to roberthalf.com/recruit, it
takes 5 weeks to fill a staff level and
7.5 weeks to fill a managerial position
.
GeographicTargeting
• Lower – Middle Level Positions
• High adaptability and increased stability
ProfessionalAssociations
• Engineering Council of India,Association of Hospitality Professionals
to provide relevant searchabledatabases, prescreened andprequalified recruits.
•Conferences to identify promising leads.
In-House
Sourcers
•Develop talent pipeline with in depthknowledge of the business culture andnetworking.
•Maintain resume databases ofprescreened earlier rejected resumes.
Localizedcontingency
firms
•Present candidates and charge fee onlywhen potential candidates start the job.
Methods to create Competitive Advantage
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Cost Analysis of the Recruiting Source Effectiveness
Following metrics should be kept in mind
How applicants, top candidates and successful
hires discovered the vacancies. Recruits per source and their quality
Conversion rates from applicant to hire for each
source
Job performance and promotion rates for
sources
Absence and turnover rates by each source
Recruiting Yield Analysis
• Tracks the recruiting sources that produced
each applicant• Evaluates each recruiting source on the basis of
relevant criteria
Number of qualified applicants
Proportion of qualified applicants
demographic characteristics.