Powerchex managing recruitment risk

ISSUE 42 FEBRUARY 2009

www.powerchex.co.uk

Welcome to this month's Powerchex update:

Also in this issue

• Articles of interest
• FSA News
• Conferences & Events

February is already here and every day more news of redundancies and job losses dominate the news. Companies are looking for ways to cut costs and help boost their bottom line. For those of you working through your budgets, there is help at hand. Rob Bannister, an expert in HR procurement within financial services has agreed to give us some insider tips in this month's article. Read on.

There is no better time to be talking to your procurement department than in a recession
By Rob Bannister, Executive Advisor, KPMG


The past 12 months in the business world has brought us a constant diet of bad news, turmoil and uncertainty. Indeed, the situation we are currently in is of such an unprecedented nature that nobody really seems to know where to start when it comes to addressing the issues facing the country. The Government and Bank of England have been central figures in all of our lives in the last year and no doubt will continue to be for the foreseeable future but even they are not able to provide an easy answer, as the debates about interest rates and the 'bail outs' of the banks illustrate.

As the news gets even more remarkable by the week, pity then the poor procurement professional. On his shoulders lays a heavy burden of expectation to conjure up deals which not only remove great chunks of expenditure from their company's bottom line, but simultaneously drive up service quality and secure continuity of supply.

Read this article in full


Rob Bannister
 


About Rob Bannister

Rob Bannister is an Executive Advisor within KPMG's Procurement Advisory practice, advising clients on procurement related matters ranging from cost reduction programmes through to capability assessments and organisational design. He is currently working on a cost reduction programme with a UK Bank, focussing on savings opportunities with facilities management services.

read full biography

 

Articles of interest

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Microsemi forgives head, to a degree
FT.com, 31 January 2009

Hackers steal details of 4.5 million in attack on Monster jobs site
Times Online, 27 January 2009

Layoffs - The Definitive Job Loss League Table
HERE IS THE CITY, 23 January 2009

TMP launches guide to reducing risk in recruitment
PersonnelToday.com, 22 January 2009

Indian call centre manager 'stole British IDs in insurance scam'
thisislondon.co.uk, 20 January 2009

Employment offers in financial services plummet to new lows
Press Release, 14 January 2009

Checking Suppliers is Good Corporate Governance says Powerchex
Press Release, 8 January 2009

Jail time for applicants who lie on their CVs warns Powerchex
Press Release, 8 January 2009

Contractor Calculator Market Report January 2009
contractorcalculator.co.uk, 6 January 2009

$160,000 fine for not checking references
news.com.au, 15 December 2008

Staff verification norms to be tightened
BusinessLine, 8 December 2008

FSA News

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FSA chairman sets out agenda for reforming financial regulation
Lord Turner, chairman of the Financial Services Authority (FSA), today addressed the root causes of the current global financial crisis and set out the implications for regulation and the future shape of the financial system in a lecture in the City.
21 January 2009

The financial crisis and the future of financial regulation
21 January 2009

An update from the Financial Crime and Intelligence Division
January 2009

FSA welcomes proposed new 'immunity notices' power
The Financial Services Authority (FSA) today welcomed the proposals announced by the government to give it new statutory powers, including the power to grant immunity, when investigating criminal cases such as insider dealing.
14 January 2009

Conferences & Events

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The FSA has said, "Once an employee has attained competence, a firm must ensure that the employee remains competent ... It is important that training to maintain competence is effective and purposeful".

Conference and events from CIFAS:

CIFAS Two-Day Conference and Exhibition: Raising Performance in a Changing Fraud Landscape
The Belfry, West Midlands, 18-19 March 2009

For more information for the above events, please contact: dean.bove@cifas.org.uk

Managing Higher Risk in Money Laundering & Financial Crime
Securities & Investment Institute, London, 4 February 2009

Crisis planning
This half-day discussion forum will consider the issue of organisational crisis-planning including reference to fraud.
Guest speaker: TBA. Places are strictly limited.
Time: 09.45 until 12.45 (followed by a light lunch)
Costs: £Free FAP members, £50 + VAT (£57.50) Non members
More information: www.fraudadvisorypanel.org
Fraud Advisory Panel, London, 18 February 2009

Mitigating People Risk: Applying Theory to Practice
Securities & Investment Institute, London, 24 February 2009

Discipline, Grievances and Dismissal
JSB Training and Development, London, 23-24 February 2009

The Role of HR in Mergers and Acquisitions
JSB Training and Development, London, 25-26 February 2009

Drafting and revising employee handbooks
Croner Training, London, 25 February 2009

Challenging Conversations - how to handle them effectively
HDA, London, 26 February 2009

Designing and implementing competency-based frameworks
Croner Training, London, 26 February 2009

Working with Organisational Values
JSB Training and Development, London, 11 March 2009

Fraud Womens Network Annual Event (FWN)
More information: www.fraudwomensnetwork.com
London, 12 March 2009

Procurement and contract fraud
A half-day seminar considering the issues of procurement and contract with particular reference to local authorities and other public sector bodies.
Speakers: TBA.
Time: 10.00 until 15.00
Costs: £80 + VAT (£92.00) FAP members, £130 + VAT (£149.50) Non members
More information: www.fraudadvisorypanel.org
Fraud Advisory Panel, Newcastle, 17 March 2009


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