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Our performance - Cost savings

The brokerages have been extremely successful in reducing recruitment expenditure. For trusts using a brokerage to recruit staff the benefits are self-evident: real savings in NHS HR time and in advertising spend as all jobs are advertised on the Jobcentre Plus Labour Market system, whilst sifting and short-listing of candidates is done by brokerage staff. The ability to fill vacancies successfully also leads to a reduction in the use of temporary and agency staff and a further cost saving to the trust.

Example: Jobs Junction recruited a clerical officer for Whipps Cross X-Ray Department at nil cost, saving the Trust an estimated £1,500 -£6,000 on this one vacancy (allowing £1,500 for an advert in the Guardian; £3,000 for the services of an external recruitment agency and a potential additional cost of £3,000 to re-advertise post, plus agency fees).

At Barts and the London NHS Trust recruiting staff to 144 ring-fenced posts via the ACE brokerage has saved the Trust around £200,000 in advertising, recruitment and HR costs.

Construction Costs

At Oldchurch Recruitment Centre, employing a single person aged over 25 via the brokerage would result in an annual cost saving of some £8,000 – most of this saving would be as a result of direct recruitment and nil advertising costs. This equates to an overall cost saving of £5,392,000 for 674 jobs recruited into.

NHS Advertising

For the NHS, savings in advertising during 2004-2005 equated to £705,000 for 470 job roles.

Government savings

Many of the people employed into health and social care jobs are unemployed, with many on benefits. Just employing one person on benefits equates to a minimum annual saving of £2,808 to the Government (based on the minimum benefit received of £54 per week).