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1、October,2008Human Resources Association Market Analysis on Centralized Recruitment ModuleOctober 2008October 2008October,2008Human Resources Association Project BackgroundPurpose: Purpose: A deep dive on centralized recruiting module at the marketTo benchmark the effectiveness at the marketData sour
2、ces:Data sources:Mini survey within HR Auto Club, Customized survey by HRA, telephone interviews with HR peers in auto industry, interviews with professional RPO vendors The document is an internal report which focuses on the status of recruiting function in the market.October,2008Human Resources As
3、sociation Sample of the SurveySample: 74 companies + 2 vendorsOctober,2008Human Resources Association ?Status on Different Market Segment- General Industry- MNC-Auto IndustryNext Step ActionRecruiting Function AnalysisOctober,2008Human Resources Association Recruiting Function Analysis Recruiting Mo
4、dule (1/4) Source: Xinhua 21%36%35%4%2%2%Centralized RecruitmentDecentralized RecruitmentRecruitment by Line HRRecruitment OutsourceRecruitment by Line ManagerOthersGeneral IndustryOctober,2008Human Resources Association Recruiting Function Analysis Recruiting Channel (2/4) 24%25% 5%8%15%21%2%Websit
5、eInternal ReferralExecutive SearchCampus RecruitmentJob FairNewspaper/MagazineOthersGeneral IndustryOctober,2008Human Resources Association Recruiting Function Analysis Recruiting Challenge (3/4) 9%19%27%7%2%36%Short of Talent in the MarketLimited Recruiting ChannelLong Cycle TimeHigh costWeak Suppo
6、rt from BUOthersGeneral IndustryOctober,2008Human Resources Association Recruiting Function Analysis Recruiting Cycle Time (4/4) 213494 130 days31-60 days61-90 days91-120 days121-150 daysGeneral IndustryOctober,2008Human Resources Association ?Status on Different Market Segment- General Industry- MN
7、C-Auto IndustryNext Step ActionRecruiting Function AnalysisOctober,2008Human Resources Association Source: Xinhua 24%36%32%4%1%3%Centralized RecruitmentDecentralized RecruitmentRecruitment by Line HRRecruitment by Line ManagerRecruitment OutsourceOthersMNCRecruiting Function Analysis Recruiting Modu
8、le (1/4) October,2008Human Resources Association Source: Xinhua 23%23%2%6% 7%14%25%WebsiteInternal ReferralExecutive SearchCampus RecruitmentJob FairNewspaper/MagazineOthersMNCRecruiting Function Analysis Recruiting Channel (2/4)October,2008Human Resources Association Source: Xinhua 11%23%23%35%6%2%
9、Short of Talent in the MarketLimited Recruiting ChannelLong Cycle TimeHigh costWeak Support from BUOthersMNCRecruiting Function Analysis Recruiting Challenge (3/4) October,2008Human Resources Association Source: Xinhua 11267 4 130 days31-60 days61-90 days91-120 days121-150 daysMNCRecruiting Function
10、 Analysis Recruiting Cycle Time (4/4) October,2008Human Resources Association ?Status on Different Market Segment- General Industry- MNC-Auto IndustryNext Step ActionRecruiting Function AnalysisOctober,2008Human Resources Association Source: Xinhua 50%28%22%Recruitment by Line HRCentralized Recruitm
11、entDecentralized RecruitmentAuto IndustryRecruiting Function Analysis Recruiting Module (1/4) October,2008Human Resources Association Source: Xinhua 13%10%3% 5%22%23%24%WebsiteInternal ReferralExecutive SearchCampus Recruitment Newspaper/MagazineJob FairOthersAuto IndustryRecruiting Function Analysi
12、s Recruiting Channel (2/4) October,2008Human Resources Association Source: Xinhua 4%4%13%17%25%37%Short of Talent in the MarketLimited Recruiting ChannelLong Cycle TimeWeak Support from BUHigh costOthersAuto IndustryRecruiting Function Analysis Recruiting Challenge (3/4) October,2008Human Resources
13、Association Source: Xinhua 31131-60 days61-90 days91-120 daysAuto IndustryRecruiting Function Analysis Recruiting Cycle Time (4/4) October,2008Human Resources Association ?Status on Different Market Segment- General Industry- MNC-Auto IndustryNext Step ActionRecruiting Function AnalysisOctober,2008H
14、uman Resources Association Centralized Recruiting is a Trend in Auto Industry36%36%28%35%32%22%21%24%50%All EntityMNCAutoCentralized RecruitmentDecentralized RecruitmentRecruitment by Line HROctober,2008Human Resources Association Traditional Channel as a Leading Role25%25%24%24%23%23%21%23%22%All E
15、ntityMNCAutoWebsiteInternal ReferralExecutive SearchOctober,2008Human Resources Association We Shared the Same Challenges36%35%37%27%23%25%19%23%17%All EntityMNCAutoShort of Talent in the MarketLimited Recruiting ChannelLong Cycle TimeOctober,2008Human Resources Association Two Key Factors Affect th
16、e Cycle Time?No standardized definition of cycle time during the survey, e.g. starting day may vary from job posting or CV screening. End day may vary from job offered or job accepted.?The hiring process of different companies is not standardized. Some companies have no strict interview matrix and HR is not involved in searching or interview. October,2008Human Resources Association Average Cost per HireUSD2,300/pUSD2,40
