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SRG Snam SpA

4.246
0.008 (0.19%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Snam SpA BIT:SRG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.008 0.19% 4.246 4.233 4.26 4.259 4.201 4.201 13,573,839 16:40:00

Awarded Contract

15/12/2003 7:00am

UK Regulatory


RNS Number:2233T
Spring Group PLC
15 December 2003


15 December 2003

                                SPRING GROUP PLC

                      Spring awarded outsourcing contract
           to provide RM plc with permanent recruitment requirements

Spring Group plc (SRG.L), the UK's largest IT staffing and workforce management
company, announces that it has been awarded a significant outsourcing contract
to provide RM plc, the leading supplier of software, services and systems to the
UK education sector, with its permanent recruitment requirements.

Employing over 1200 staff in the UK, RM's objective was to outsource its
recruitment process to a partner with the expertise and experience to manage
large-scale resourcing across all areas of its organisation, allowing RM to
continue to focus on the continued growth and development of its core business.

The recruitment process outsourcing contract has been awarded to Hy-phen,
Spring's workforce management solutions and recruitment outsourcing business, to
provide a managed service for permanent recruitment across RM's IT, finance,
clerical, marketing, legal, HR, customer services, operations and sales
functions. Hy-phen will also run a recruitment campaign for RM's new graduate
intake programme.

Hy-phen has extensive experience of providing managed services to large
organisations. By understanding its clients' culture and strategic objectives,
Hy-phen is able to apply its recruitment expertise to develop a tailored service
for its clients and provide staff in all disciplines and at all levels. Hy-phen
provides centralised control, visibility and management information across all
of its clients' recruitment expenditure and categories of recruitment resulting
in improved hiring quality, reduced time and cost per hire, and compliance with
employment and data protection regulations.

Russell Govan, HR Director of RM Group plc, said: "RM decided to outsource the
permanent recruitment function to optimise the time of our own staff and keep
costs to a minimum whilst ensuring that the quality of the recruitment process
was not compromised. Hy-phen was selected initially through a competitive
tendering process and has subsequently become a key partner for RM. We are
pleased to extend the contract and look forward to achieving more of the
significant benefits that the contract offers."

Richard Barfield, Chief Executive Officer of Spring Group plc, said: "We are
delighted that RM has  recognised the efficiency and cost-effectiveness of
outsourcing its permanent recruitment needs to Spring.  Spring is continuing to
consolidate its position as market leader in the rapidly growing workforce
management market as increasing numbers of customers recognise the benefits of
the service."


Spring Group plc
Richard Barfield, Chief Executive Officer
0207 655 8605

Financial Dynamics
Ben Atwell/Lucy Briggs
0207 831 3113


About Spring

Spring Group plc specialises in IT and general recruitment, workforce management
solutions and recruitment process outsourcing. Spring has over 9,000 contractors
and temporary staff working for its customers and has placed more than 3,000
permanent staff in the last 12 months.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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