few of the key positions delivered - client wise
client impact stories
how randstad helped in optimizing their services.
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Client: One of the leading consumer manufacturing companies with operations across the globe.
The Client: One of the leading consumer manufacturing companies with operations across the globe.
Problem Statement: They were specifically looking to hire multiple candidates for the support functions like finance role ( Audits, IFRS, regional auditors for India and APAC region), SCM & R&D
Solutions: With our specialised domain expertise team in the respective domain, we have closed both domestic and international roles.
Results & Benefits: Client was happy with the timelines within which we were able to close the roles. This resulted in repeated business from the client and made us a preferred partner.
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Client: A Multinational company in Consumer business who had to enhance the way they hire talents and live up to the market standards.
The Client: A Multinational company in Consumer business who had to enhance the way they hire talents and live up to the market standards.
The Area Of Concern!
- Their track record in the sector gave them relatively good visibility however they were struggling to hire specific skill sets,
particularly from the competition brands. Attraction of talents from Supply Chain / Marketing and other support functions
generally has been a challenge and market reality from similar brands being able to hire with greater compensation. - We recommended a detailed Talent Mapping exercise:
- Complete analysis on the standards of similar brand
- Detailed survey of all competitors which included organizations hierarchy, Salary structure, Incentive plans & Career flowchart
- Market intelligence on hiring which includes levels of hire with band, Talent hire over industry specific choices, experience ranges
How Did It Solve The Problems?
- The process enhanced the visibility of the market and enabled us to focus on affordable candidates. The process offered clients to hire talents with multiple choices. This also increased the time - hire ratio to a very quick succession. This relatively ended-up in hand-picking the right candidate for the right role.
- With this clear “Talent Attraction Strategy” the client was able to enjoy the entire Talent acquisition process with a unique style
Outcome
- Ultimately the process enabled us to create a Talent Pipeline of candidates for interview over three months as the client looked to hire several people in response to a number of new client projects. By providing accurate evidence of market rate salaries, the client was able to adapt its current grades and make a more informed choice on whether candidates were worth their salary expectations.
- They interviewed candidates from more established players in the market who might not have previously considered our client as a potential employer and hired all the people they needed and have a clear idea of who they might consider for their future.
- Their track record in the sector gave them relatively good visibility however they were struggling to hire specific skill sets,
FAQs about PHL recruitment services.
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why to choose randstad?
- Randstad has a focused team with functional understanding of clinical and Medical terminologies
- We have strong experience in finding crucial talent in mid to senior level
- Specialty Team: Pharma Healthcare Services / Hospitals with 15 + yrs of experience
- We have the capability to deliver superspeciality clinical teams
- We have the capability to deliver / handle - Hospital growth / expansion ( end-to-end project hiring - Nursing to CEO to clinical team)
- We currently deliver services to the best of hospitals: Apollo, Care, Rainbow, MGM, Cloud Nine, Nephroplus, Olive Clinics
- We have an exclusive database of PHL-skilled candidates
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How much time does a permanent recruitment takes?
A typical permanent recruitment assignment takes 4-6 weeks to identify the right candidate.
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What is the recruitment process flow?
selection process
- Client acquisition
- Internal briefing
- Research on the mandate
- Industry mapping
- Candidate validation
- Shortlisting
- Finalists and back-up
- Negotiations
- Closure
- Relationship management
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Any latest facts/data/insights about the present scenario of the industry?
- According to the EY FICCI Report, the Indian pharmaceutical market is anticipated to reach $130 billion in value by the end of 2023 along with a few government policies which give direct benefits like Export Promotion Council for Medical Devices & National Medical Device Policy 2023
- Healthcare has become one of the largest sectors of the Indian economy, in terms of both revenue and employment
- It has been growing at a CAGR of 22% since 2016, employing 4.7 Million people directly.
- The sector has the potential to generate 2.7 million additional jobs in India between 2017-22 -over 500,000 new jobs per year - NITI Aayog
- According to the Indian Economic Survey 2021, the domestic market is expected to grow 3x in the next decade. India's domestic pharmaceutical market stood at US$ 42 billion in 2021 and is likely to reach US$ 65 billion by 2024 and further expand to reach US$ 120-130 billion by 2030.
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Do we have a candidate network or database?
- Yes : Building India's 1st & largest hospitals talent database
- Yes : Networking with all major medical colleges
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Do we have a team who understand the healthcare Industry or have we hired for any hospitals (super specialist, consultants, registrar etc) ?
- Yes - we have hired and incubated ( as per Randstand) best of talent from the best of corporate hospitals of India
- We hired Doctors & Other teams for Care Hospitals, Rainbow Hospitals , Apollo Hospitals , MGM Hospitals, Cloud Nine, Nephroplus & Live Hospitals.
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How does the temp staffing model work for Hospitals?
- It is possible to control higher attrition with a staffing model (30+% post covid)
- Staffing model can help to developing long-term sustainable manpower supply for expansion / new projects / growth
- Dynamic or project based hiring.
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Do we have a candidate network or database in the PHL sector?
- We are in continuous process of building database from CTM & MTM
- CTM : Competitor talent mapping
- MTM : Market talent mapping
- We have exclusive inhouse database @ RSelect = 8 Million
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