Benefits
Key Benefits
The AESSY solution can deliver the following:
- Good company PR through better candidate experience
- Attract, find and hire better qualified people
- Make sure everyone is considered, and no-one is missed
- Reduce the time needed to read, match, sort and select
- Fast identification of key personnel
- Quick team building and secondment
- Better handling of internal job applications and promotions
- Better retention of skilled and trained staff
- Reduction in staff turnover (churn)
- Reduction in the amount of external recruitment
- Massive reductions in costs
Cost Benefits
Most recruitment budgets are so big that even small changes can make big differences. Amtella AESSY is a solution that can help you make BIG changes!
Obviously, actual savings will vary from company to company, but the following are indicative estimates of the scale of savings that can be achieved:
Savings
| Organisation Size |
Recruitment Cost Savings |
Labour Turnover Savings |
Total |
| 2,000 | £ 424,135 | £ 334,079 | £ 758,214 |
| 1,000 | £ 212,068 | £ 167,039 | £ 379,107 |
| 500 | £ 106,034 | £ 83,150 | £ 189,553 |
Assumptions
The above cost savings have been estimated based on the following assumptions:
CIPD figures from their 2009 Survey
- Average Labour Turnover (Churn) - 15.7%
- Average Cost of Recruitment - £4,4741
- Average Cost of Labour Turnover - £5,6671
- Organisations with Recruitment Difficulties - 81%
- Organisations with Retention Difficulties - 69%
- Organisations using Recruitment Agencies - 76%
Further assumptions
- Average wage in organisation - £24,900
- Reduction in Churn - 2%
- Reduction in Recruitment Costs - 20%
- Reduction in Labour Turnover Costs- 6.9%
- No growth in organisation size
These figures do not include hidden costs associated with the following:
- Average time to fill vacancy - 10.8 weeks1
- Project slippage or delay
- Management time
- Reduction in use of external resources
1 For the following employment groups: Senior Managers; Managers & Professionals; Administrative, Secretarial & Technical.
