Financial services firm outsources temp recruitment

first_img Previous Article Next Article Related posts:No related photos. Financial services firm outsources temp recruitmentOn 11 Nov 2003 in Personnel Today Prudentialfinancial services has outsourced all its temporary recruitment, claiming thatoutsourcing HR functions has brought greater control, assurance and savings tothe company. SpringGroup Plc has taken over all temporary staffing at Prudential, a move thatfollows the outsourcing of all permanent staffing to AMG.Accordingto Prudential, outsourcing has contributed to a 33 per cent drop in the costbase of HR, and the fall in the number of HR officers from 405 in 2001, to 220in 2003.RussellMartin, HR director at Prudential, said that while part of the HR function hadbeen outsourced, it remained deeply woven into the fabric of the company, withconsultants attending regular briefings and enjoying a very comfortablerelationship with the rest of HR.”Thisis an evolutionary process. We have looked at the whole HR model to create HRbusiness partnerships and HR specialisation,” he said. “Now we can besure we will get staff with the right kind of experience for the right kind ofroles.”Prudentialalready operates an HR system where line managers trained in employee relationsskills are responsible for the well-being of their staff. Comments are closed. last_img read more