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CNC Global selected to lead Recruitment Process Outsourcing Initiative for the City of EdmontonJuly 31 2006 - CNC Global Limited, Canada's leading provider of IT staffing and Recruitment Process Outsourcing solutions, is pleased to announce that it has been selected by the City of Edmonton (the City) to provide a wide range of Recruitment Process Outsourcing (RPO) services to help fulfill its ongoing IT staff augmentation requirements. The City joins a growing number of public and private sector organizations across Canada that are exploring the benefits of RPO. By leveraging CNC Global's proven RPO services and engaging a limited number of approved vendors, the City estimates that it will be able to reduce its IT contract staffing costs by as much as 10-15% while simultaneously reducing its hiring cycle by up to 75%. At the same time, the City expects to improve candidate quality and increase control over its IT contract resource initiatives through enhanced reporting and consistent service level agreements. "We're pleased that our solution was chosen from among so many competitive proposals and we look forward to helping the City achieve its staffing goals," said Terry Power, President of CNC Global. "Our RPO solutions have been especially popular in the public sector, where we can often introduce process enhancements that make significant gains in efficiency." "At the end of the day," said Dan Lajeunesse, Coordinator of Strategic Procurement for the City and Project Manager for this initiative, "we were looking for a strategic partner to drive innovation in IT talent acquisition and to help us contain costs and improve efficiencies. We are very confident that by partnering with CNC Global we will exceed all of our objectives." The outsourcing arrangement, which is scheduled to begin immediately and will remain in place for up to five years, will manage the engagement of up to 50+ information technology professionals on an annual basis. Utilizing skilled contract workers has become increasingly important to the City as an essential element to the successful delivery of new and expanded services enabled through their Corporate IT Strategic Plan. About CNC Global LimitedWith more than 250 employees in 11 branches across Canada, CNC Global specializes in sourcing IT professionals for full time and contract positions and offers customized solutions for contractor administration, payroll administration, vendor management, recruitment advertising, and HR communications. In 2004 and 2005, CNC Global was named one of Canada's Top 5 Small-Medium Employers and currently ranks 9th in the Branham Group's list of the country's "Top Professional Services Companies". CNC Global is also one of Canada's 50 Best Managed Companies. In May, 2006, CNC Global was purchased by the Vedior Group of Companies. For more information on CNC Global, visit www.cncglobal.com. About Vedior North AmericaFor the most prestigious organizations across a wide range of industries, Vedior North America offers a one-stop global staffing solution. Vedior NA is able to flexibly tap into all of the specialized skills required to quickly adapt to every business condition. Unlike "general purpose" staffing companies, Vedior NA's staff processes the market sector experience needed to ensure the optimal fit between its clients' needs and their experienced talent pool. Vedior NA is part of the Netherlands-based Vedior NV, one of the world's largest staffing companies with a diversified portfolio of brands targeting a brand range of industry sectors in 44 countries. Vedior's shares are listed on the Euronext Amsterdam stock exchange and included in the AEX index of the most actively traded securities under the VDR or VDR.AS. For more information on Vedior NA, visit www.VediorNA.com. For more information on Vedior, NV, visit www.Vedior.com. About EdmontonEdmonton, Alberta's capital city, serves a region of more than one million people. It is a leading international centre for education, health care, the arts and sports, and is unrivalled in its combination of affordability, prosperity and opportunity. A hub for northern resource development, Edmonton enjoys one of the world's most cost-competitive business environments, and was rated by the Conference Board of Canada as the top city for economic growth in the country in 2005. It is an ideal place to live, work, invest and visit. www.edmonton.ca |
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