in Nike The Issue… • Nike receives around 800 CV’s each month • On average 100-120 open position at Nike’s EMEA headquarters in Hilversum, Netherlands • Many CV’s coming in imparted considerable pressure on the administration in recruiting process • Nike had a little capability of tracking their progress and in handling enquiries from job applicants • Only 4 people on the recruiting team- it was hard for them to keep track of the CV’s- there were mistakes such as calling someone in for an interview who was already due to come in later that day. The Action… • These problems led Nike to review their HR processes • A rational recruitment process was needed urgently which can reduce both time and cost dedicated to filling each position • Also, overall quality of talent hired was expected to increase. The Solution… • Job partners provided Nike with an e-recruitment solution, ActiveRecruiter to help the company to manage the whole recruitment process • It offered flexibility, simplicity and was cost effective • Candidates can directly apply to Nike’s website for specific job, or they can find more information through external recruitment website and newspaper advertising • ActiveRecruiter system automatically match candidates with job profile details held in their database • The system frees HR staff by reducing their workload and enabled them to work more consistently. The Result… • Online recruitment save the hiring cost, reduces the load time of recruitment and releases recruitment staff from heavy workload • Recruitment cost reduced by about 54% • Return on investment achieved within 6 months • Time-to-hire reduced from an average of 62 days to 42 days • Each team member deal with 15 simultaneous recruitment process while having time to fulfil their consultant role for managers in hiring processes. Future • The Gamification of Recruitment- Virtual games are scoring points for companies’ talent acquisition strategies • C-factor – a gamification recruitment platform • It provides companies with unlimited number of candidates through a gamified situational judgement test, neuroscience based ability test and aptitude test • This data recruitment platform is driven by AI to compute and analyze the right candidate for any company’s culture and environment • The platform has digital simulations where people encounter real work situations and are assessed on their ability to navigate the workplace and the challenges in the organization. • C-factor has digitized and gamified the first step of recruitment process • It has made possible for companies to : – Significantly improve the quality of the assessment with a standardized and more relevant assessment process – Boost the company’s brand by positioning it as an innovative and engaging place to work – Access a technologically advance platform that is cost effective, takes up less work and delivers results in a shorter time period. • Eliminates bias and errors in human judgement. https://c-factor.live/
(ICSSR Research Surveys and Explorations) Jayati Ghosh (Ed.) - India and the International Economy (Economics, Volume 2)-Oxford University Press (2015)