The leading force in global exchange-traded funds, iShares is a BlackRock company – the people who created the world’s first index strategy more than 30 years ago and the largest asset manager in the world. iShare had numerous objectives for outsourced contingent labour sourcing and management.
We met them and then some: delivering cost savings of around £1.8 million by creating a direct attraction recruitment strategy for a mix of contract and permanent opportunities.
iShares asked us to grow and increase the visibility of their recruitment brand – a brand previously owned by Barclays GI until its purchase by BlackRock in 2009.
We were also tasked with gaining control and visibility of spend, headcount and cost throughout the recruitment project, overseeing fiscal and legislative compliance, building up comprehensive management information (MI).
It was also important to create a consistent hiring process for managers and candidates that enabled a positive experience from the outset.
Following a competitive tendering process, we were appointed with an initial remit to implement an end-to-end sourcing programme, over a 12 month period.
The success of this project lead to the contract being extended for an additional 12 months, to include an additional executive search project which consisted of key hires such as the UK Managing Director and Head of DC Pensions.
Our solution provided an on-site and off-site delivery model and, as the main provider for direct sourcing and hiring, included:
As well as delivering cost-savings of around £1.8 million for the total headcount, the programme also:
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