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.
“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.
“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)
Candidate’s Profile & Preferences
Employer’s Job Specifications
Reciprocal Match Viewed by Both Parties
External Candidate Database
Talent Matching Engine
Scored & graded candidates are viewed and managed online
Fax and e-Mail of candidates
Online Management – Basic
Online Management – Advanced (ATS)
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.
Marked for follow-up
Integrated Employer-candidate Messaging system
Send to and receive messages from candidates
Click to view the candidate’s profile and match analysis
Review candidates starting with the highest match level
Applicants in whom you are interested can be marked with a red match
Fully integrated Applicant Tracking System
Track recruitment process per candidate with opinions and valuations
Define stages of recruitment per available position
Candidate receives message to perform integrity testing, with link. Results updated in candidate file automatically
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.
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.
If you are interested in hearing more about the HSMT Group, our products and services,
Please contact our Sales department