BrassRing Announces New Outsourced Recruitment Solution

WALTHAM, Mass.--(BUSINESS WIRE)--July 7, 2003--BrassRing, the leading provider of talent management solutions, announces a new recruitment process management (RPM) solution -- a suite of fully managed recruitment services for companies seeking a complete end-to-end talent management solution. The new services, designed to enhance a client's recruitment process effectiveness while reducing recruitment costs, can be delivered in an on-site/vendor-on-premise model or through an off-site option. Developed for mid-sized to large companies looking to improve efficiency in the staffing process and reduce overall staffing costs, BrassRing's recruitment process management services cover the entire recruitment lifecycle, including helping companies reshape their recruitment processes, optimizing the employment web site, developing recruiter competencies, tracking resumes, conducting candidate assessments and screenings and coordinating interview schedules for hiring managers. "Our new services are significantly broader than just outsourced recruiting," said Joyce Maroney, vice president of services for BrassRing. "BrassRing is the first to offer this end-to-end outsourced model because we have a unique combination of the leading technology platform and the recruiting experience necessary to deliver best-in-class service while helping our clients reduce costs. We believe that the confluence of a long-term skilled talent shortage, new technologies and a variety of candidate sourcing options has made the outsourcing of the entire recruiting process a viable, financially rewarding, and strategic option for companies looking to improve the 'fit' of new hires and just generally do more with less." How It Works Under BrassRing's model, companies can transfer the responsibility for some or all of the execution of their management processes to BrassRing, which can place an experienced team of professional recruiters at the client's site or handle talent sourcing through its recruiting process management center. BrassRing can assume responsibility for the entire recruiting and staffing process, or provide additional resources at key periods so that companies can manage changing hiring capacity or cyclical hiring demand, such as campus recruiting, seasonal hiring, or project staffing. Additional functions handled by BrassRing talent management professionals include: -- Designing and managing a client's recruitment website -- Managing recruitment campaigns and recruitment advertising. -- Designing and managing employee referral programs -- Representing the client at recruiting events. -- Creating an employee referral program -- Performing workforce planning with the organization -- Creating a comprehensive recruitment strategy including a heavy emphasis on diversity recruiting Throughout the talent management engagement, client companies maintain complete control and make all final hiring decisions. BrassRing's recruitment experts walk clients through a process of establishing recruitment goals and creating qualified candidate profiles. With that in hand, the BrassRing team develops talent pools and performs candidate screening on the client's behalf. Once qualified candidates are identified, BrassRing sets up interviews with the client company's decision makers, who then make the hiring decision and extend the candidate a final offer. "Users plan to increase the number of HR business processes outsourced within the next 12 months," according to an article published in The AMR Research Report in February 2003 by Monica Barron, Research Director of AMR Research's Human Capital Management Practice. "Most users already outsource at least one HR process, and 60% plan to increase their use of BPO for HR in the next 12 months. Users are most likely to be outsourcing benefits administration, followed by HR administration (which includes employee data management, relocation, employee assistance programs, and call center support) and payroll. Only 3% of users are currently outsourcing recruiting, but more than 30% plan to outsource all or some of their recruiting processes in the coming year." "We've designed BrassRing's outsourced recruitment solution to enhance our clients' recruiting processes, while preserving the corporate cultures," said Maroney. "In fact, we spend a great deal of time with our clients to get a holistic perspective and solid understanding of important intangibles such as culture and 'fit'. This close collaboration ensures continuity and HR professionals, who were once consumed by the administrative burden of recruiting, are freed to focus on more strategic endeavors for the company." About BrassRing BrassRing delivers talent management solutions that help companies engage people. The company offers clients a custom blend of recruitment software, talent consulting, and recruitment process management. The world's most diverse and successful organizations rely on BrassRing's talent management expertise to achieve competitive advantage. Investors in BrassRing LLC and its affiliates include The Washington Post Company, Tribune Company, Gannett Co., Inc., and Accel Partners. BrassRing has earned a number of prestigious industry awards, including Upside's 2001 Hot 100 List of Privately Held Companies, IDC's list of the Top 10 eRecruiting providers, Forbes Magazine's Best-of-the-Web 2001 directory, Information Week's Top 100 ASPs, HR Executive's Top 10 New Products of the Year, CAREERXROADS Top Online Employment Site and WEDDLE'S User's Choice Award. For more information about BrassRing, visit www.BrassRing.com. BrassRing is a trademark of BrassRing LLC. All other trademarks contained herein are property of their respective owners