| Dear Reader,
There has been a dramatic shift in the way we view talent. The demise of the job-seeker's market has created new challenges for recruiters to deal with.
Companies that continue to hire, face the task of managing thousands of low quality applicants while identifying exceptional talent. Recruiting a few quality people in a short span of time and curtailing budgets simultaneously, is forcing companies to look at smarter recruitment methods.
This was very much evident in the recently concluded Onrec conference in Dubai. Read about it in this issue. Also, find out why two new clients have launched dedicated career portals this year.
Happy reading!
Editor
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Onrec conference reveals changing trends in regional recruitment
 The recently concluded Onrec conference in Dubai was an eye opener of sorts for the recruitment community within the region. At the forum, a leading UAE conglomerate revealed how they had significantly cut down on hiring expenditure since adopting e-recruitment. They reduced their preferred supplier list from 220 to zero! Even job board usage was limited and tied to a group contract rather than separate contracts for different business units. The revelation saw questions fired back by recruitment agencies wanting to know how the hard-to-fill jobs were being managed and the impact of the decision on the quality-of-hires. The group recruitment head explained that e-recruitment helped them use their employer brand effectively, directly engage global candidates and build a private candidate database. The technology allows them to automatically screen out poor quality applicants, keep track of expenditure and measure the quality of new hires. He even went on to add that managing their hard-to-fill jobs was their sweet spot considering no outsider could match his own recruiters' skills when it came to identifying the best global talent. "From drivers to senior hires, today's technology allows us to save enormous amounts of money on recruitment," he said.
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New regional office in the Kingdom 
Hiring Solutions Company has moved its Riyadh office to a new location in the capital city of the Kingdom of Saudi Arabia.
Edward Musiak, Country Manager - KSA, Hiring Solutions, says, "Our exceptional growth in the Kingdom of Saudi Arabia last year, and a surprisingly strong sales pipeline, has compelled us to expand our presence in this country. We believe that KSA is going to be a major market for us in the years to come and it is our key area of focus in 2009."
Banque Saudi Fransi, Islamic Development Bank and HAK Group were among those that implemented the enterprise e-recruitment platform from Hiring Solutions in 2008 in KSA.
Details of Hiring Solutions' new Saudi Arabia office are:
Hiring Solutions Company
3rd Floor, Burj Al Rabea Building
Olaya
Main Street,
P O Box 60720, Riyadh 11555
Kingdom of Saudi Arabia
Tel: +966 55 6885 447
Fax: +966 1 4661 899
Email: edward.musiak@hiringsolutions.com
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Two new career portals launched!Two new career websites www.fransicareers.com & www.altayercareers.com were launched in the first quarter of 2009. Both the dedicated career portals have seen positive response from candidates in the region as well as from around the world. James Padkin, Director of Client Services, says, "Keeping in mind the changing dynamics within the recruitment industry, now is the perfect time to adopt cost saving e-recruitment practices. In addition to controlling hiring expenditure, e-recruitment helps you build a private talent pool and identify quality candidates who can be engaged as soon as a job opening arises." Both the career portals launched and powered by Hiring Solutions in the Q1 of 2009 are attracting thousands of candidates from around the world. Candidates are informed about the company and the benefits of joining. Candidates who do not find a suitable opening, have the option of setting-up an email alert to notify them about exciting opportunities whenever available. |
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