ReTRiM Recruitment & Talent Retention Management At 45.9% of all operating expenses, labor and related costs continue to represent the largest expense.

ReTRiM Recruitment & Talent Retention Management

“At 45.9% of all operating expenses, labor and related costs continue to represent the largest expense item for hotels. Over the long term, labor costs have consistently run very close to 34% of total revenue. In 2004, labor costs were 34.4% of total revenue. If this trend persists hoteliers will find increasing pressure on their profit margins.”(PKF Hospitality Research, May 9th 2005)

ReTRiM contributes to a reduction in labor-related costs, including recruitment and training, by enabling hotels to efficiently recruit from their existing internal talent pool. Wherever this is not possible, ReTRiM also powers the corporate career web site, screening all external applicants before reaching the HR office.

ReTRiM Recruitment & Talent Retention Management

“According to the United States Department of Labor, by the year 2010, the [US] hospitality industry will need 1.6 million new workers. During that same period, the available labor force growth is expected to dwindle to near zero. In simple terms this means that our industry will have significantly more job openings than it does job seekers””(Robert Habeeb, Hotel Interactive, June 24th 2005)

Retention of current talent must be among the most important answers to this challenge. Under these circumstances, the industry cannot afford to allow existing talent to evaporate, and therefore ReTRiM is the answer. Offer your existing workforce the opportunities to advance their careers according to their skills, experience and preferences.

What the experts say“Redmatch takes recruiting beyond simply putting round pegs in round holes. It represents a new generation of recruitment tools…. Redmatch is in an excellent position to become the technology partner to many employment related sites”. Peter Weddle (Weddle's Newsletters & Guides on e-recruiting, December 2001)

“Redmatch offers a product that uses AI (artificial intelligence) to take matching to a whole new level, making keyword searching and resumé parsing technology look silly.”Dr Charles Handler (Electronic Recruiting Exchange, September 2002)

“Redmatch offers a solution that is the most advanced I have seen to date”David Hurst (Online Recruitment Magazine)

“Redmatch is the planet Earth's best job placement application. It can perform so many functions that it is better to visit the web site and review for yourself.”Budd Margolis (Pool Online, December 2002)

“Redmatch’s software matches job-seekers with available positions based on skills and requirements, reducing the time needed to sift through ads and resumés.”Olga Karif (Business Week Online, August 2004)

The challenges facing the HR manager

To reduce labor-related expenses (recruitment & training) To attract and hire the highest quality talent To recruit the most qualified candidate for the position To retain existing talent, especially managers and

potential managers, by providing them with appropriate career opportunities

To manage both talent retention and external recruitment using a single, powerful, web-based system with lowest possible TCO

The challenges facing present and prospective employees To advance within the company

To learn of new opportunities within the company’s worldwide locations

To learn of opportunities to be employed by, and become part of, an organization that enables and actively encourages internal advancement

To use their time efficiently when job-searching

To make use of low-cost services for job-searching

Present Internet and Intranet recruitment solutions

Current solutions require that candidates survey job

openings and then send their resumé separately to many

different addresses

HR Managers review huge numbers of applications, most of

which are of no interest (“resumass”)

Lacking a tool to review interested candidates from within

their own company, HR managers often use the services of

external and costly employment agencies

Due to the lack of a competent internal search tool, many

employees are attracted to serendipitous offers from

competitors

ReTRiM Talent Matching Solution (1)

A revolutionary web application that handles internal and external

recruitment in a single system

Dramatically reduces recruitment time and costs

Specifically customized for the hospitality industry

Provides a totally new experience, utilizing patented “Matching”

technologies. Applicants can instantly discover for which positions

they qualify. Employers can zero in on the most qualified

candidates

Provided on an ASP basis with no need for software installation

ReTRiM Talent Matching Solution (2)

Powers the corporation’s career site and can be interfaced to

internal HR systems

Can be automatically linked to wide range of online newspaper job

sections, causing position to be published on those web sites, and

making the existing candidate databases available for selection

Builds a live resumé database with a personal account for each

candidate

Utilizes a “Relationship Engine” that helps maintain long-term

contacts with candidates and alerts them about new, matching job

opportunities

ReTRiM unique reciprocal matching

Employer’s Job Specifications

Candidate’s Profile & Preferences

Reciprocal Match Viewed by Both

Parties

How does it work?

Recruiters set rules regarding job openings

Recruiters define job requirements

Recruiters can instantly view resumés of all matching

candidates from the database of all applicants, both

internal and external

Candidates are scored and graded according to how well

they fit the job requirements

Recruiters decide who will be notified about the job opening

Matching candidates are notified via e-mail or SMS and

invited to review the job and apply

Create a position profile and publish it

once

Exposure

Employee Database

(Controlled Match)

Hotel ChainCareer

Site

Independent Hotel

Career Site

External Candidate Database

(Automatic Match)

Screening

Talent Matching Engine

Output Options

Scored & graded candidates are

viewed and managed online

Fax and e-Mail of candidates

Management

Online Management – Basic

Online Management – Advanced (ATS)

Following are some sample screenshots

as presented to the application user

ReTRiM transforms the hotel career website into a highly interactive tool for recruiting, enabling employees and external candidates to join the hotel talent community, build profiles, set preferences, and communicate with the organization.

A powerful Hotel Career Web Site

Candidates are “Profiled” and receive a private, password-protected, account

Candidate receives a complete career management application

Integrated Employer-candidate Messaging system

Integrated Employer-candidate Messaging system

Job MatchesJob Matches

Marked for follow-up

Marked for follow-up

Managers and hiring authorities receive a powerful online talent management tool

Review candidates starting with the highest

match level

Review candidates starting with the highest

match level

Send to and receive messages from

candidates

Send to and receive messages from

candidates

Applicants in whom you are interested can be marked

with a red match

Applicants in whom you are interested can be marked

with a red match

Click to view the candidate’s profile and

match analysis

Click to view the candidate’s profile and

match analysis

Fully integrated Applicant Tracking

System

Fully integrated Applicant Tracking

System

Hiring authorities receive the matching candidate’s profile and qualification analysis, including answers to qualifying questions.

Hiring authorities receive the matching candidate’s profile and qualification analysis, including answers to qualifying questions.

An integrated Applicant Tracking System

Track recruitment process per candidate with opinions

and valuations

Track recruitment process per candidate with opinions

and valuations

Define stages of recruitment per

available position

Define stages of recruitment per

available position

Integrated with web-based integrity testing systems

Candidate receives message to perform

integrity testing, with link. Results updated in

candidate file automatically

Candidate receives message to perform

integrity testing, with link. Results updated in

candidate file automatically

Complete central management and monitoring

ReTRiM benefits (1)

Enables employees to take control of their careers, increasing

their levels of satisfaction and therefore retention

Helps HR and line managers to identify and develop top

candidates

Reduces cost by empowering employees to pursue their 'dream

job' within your organization instead of with the competition

Saves valuable manager and HR professional time by automating

much of the recruitment and the staff retention process

Each published position receives unique URL to enable easy

publishing on additional recruitment web sites without having to

re-enter position details

ReTRiM benefits (2)

Reduces turn over and the cost of hiring and of re-training

Retains internal company knowledge and minimizes loss of

company assets

Automatically retains unsuccessful candidate profiles on

record for future vacancies

Dramatically reduces chances of human error in screening

process

Reduces response time from days or weeks, to a matter of

minutes

ReTRiM benefits (3)

Need to recruit for positions not dedicated to the

hospitality industry (marketing, for example)?

Publish the position through ReTRiM and the entire

candidate database of The Job Network is at your

fingertips. As of May 2005, this database consists of over

1.5 million candidates, growing at a rate of tens of

thousands every month.

In addition, the position is available for view through The

Job Network, attracting a vast audience of potential

employees for ReTRiM to screen on your behalf.

ReTRiM

There are dozens of vendors offering applicant tracking solutions and career web sites, but the solution offered by ReTRiM is based on a matching concept which pays off in exceptional benefits.

Similar to a magnet which pulls metal shavings out of a pile of sand, ReTRiM Recruiter’s patent-pending Job Matching Engine automatically pulls out the relevant job candidates from the masses of job seekers. So the endless stream of irrelevant resumes (“resumass”) simply disappears, and the right candidates float to the top for your immediate attention.

Frequently Asked Questions

How many candidate profiles exist today?

• As of May 2005, over 1.5 million potential employees are registered with The Job Network

How many new candidates are registering every month?

• Tens of thousands of new profiles are being added on average every month

How many positions are available on average?

• At any one time, about 70,000 positions are available on The Job Network

How much does it cost me?

• As a candidate, you can register and maintain your profile for a minimal charge, paid once, and valid for your entire career path

• As an employer or recruiter, there are several alternative packages from which you can choose. Contact us for more details

Thank you for taking the time to look atour recruitment and talent retention

solution

If you are interested in hearing more about the HSMT Group, our products and services,

Please contact our Sales department