mergenthaler hrm315 1201 b-07 ph 4 ip

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HRM315-11201B-07 Phase 4 Individual Project Sabrina Mergenthaler Colorado Technical University Online Professor Bryan Forsyth March 19, 2012 Recruiting Strategy of Bain and Company

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Page 1: Mergenthaler hrm315 1201 b-07 ph 4 ip

HRM315-11201B-07Phase 4 Individual Project

Sabrina MergenthalerColorado Technical University Online

Professor Bryan ForsythMarch 19, 2012

R e c r u i t i n g S t r a t e g y of

B a i n a n d C o m p a n y

Page 2: Mergenthaler hrm315 1201 b-07 ph 4 ip

Bain & Company

• Boston, MA

• Founded in 1973

• Global expansion

• 47 Offices-30 Countries

• 5,500+ employees• Qualifications:

IntegrityIntelligence

PassionAmbition

Introduction

Page 3: Mergenthaler hrm315 1201 b-07 ph 4 ip

• Elite Institutions

• Intelligence

• Integrity

• Ambition

www.JoinBain.com

Assessment of the Recruiting Practices of Bain and Company

Page 4: Mergenthaler hrm315 1201 b-07 ph 4 ip

All Potential Hires

• Sharp problem-solving skills

• Results-oriented

• Leadership

• Passion

• Cover letter

• Resume

• Interview(s)

Advanced Positions

• Cover letter• Resume (1-2 pages)• Undergraduate GPA

• Unofficial graduate transcript• Test scores (e.g., GRE, LSAT, MCAT,

Boards)• TOEFL score

• Office preferences• Interview(s)

Assessment of the Recruiting Practices of Bain and Company,Continued…

Page 5: Mergenthaler hrm315 1201 b-07 ph 4 ip

Associate Consultant

• Bachelors Degree holders

• Mentors and Mentorships

• Educational Compensation

• Full time benefits

• Challenging career

• Encouraging work environment

Consultant

• Higher degree holders

• Execution of the plans

• Mentors

• Educational Compensation

• Full time benefits

• Encouraged growth

• Engaging work environment

Assessment of the Recruiting Practices of Bain and Company,Continued…

Page 6: Mergenthaler hrm315 1201 b-07 ph 4 ip

Partners

• Recommendation

• Typically promoted from within

• Proven Merit

• Excels at training, recruiting, socializing

and encouraging others

Managers

• Builders of Diversity

• Blacks at Bain

• Bain Gay, Lesbian, Bisexual, and

Transgender Association for Diversity

• Latinos at Bain

• Veterans at Bain

• Women at Bain

• Progress to Partner

Assessment of the Recruiting Practices of Bain and Company,Continued…

Page 7: Mergenthaler hrm315 1201 b-07 ph 4 ip

• Challenge Employees

• Encourage growth, learning, and teaching

• Select from the pool of elite scholars

• Demand innovation

• Build upon diversity

• Offer benefits

Bain Builds from the Intern Up

Page 8: Mergenthaler hrm315 1201 b-07 ph 4 ip

Benefitsof

• Externships

• International transfers

• Social advocates

• Alumni

• Sabbaticals/Leaves

• Flexible work schedules

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• Client Approval

• Employee Satisfaction

• Blogs

• Diversity Program Success Stories

• Alumni

• Numerous Prestigious Awards

• Notable Magazine Mentions

A Measure of Success

Page 10: Mergenthaler hrm315 1201 b-07 ph 4 ip

Bain & Company. (n.d.). Retrieved from http://www.joinbain.com/this-is-bain/default.asp

BainCapital. (n.d.). Retrieved from http://www.baincapital.com/AboutBainCapital/Default.aspx

Editorial Board. (2011). Introduction to Human Resource Management 1st Edition. Words of Wisdom, LLC.

References