What the future holds
In the three and a half years Final5 has been operating - with Snell becoming a shareholder and general manager mid last year - the business has taken off. It found and shortlisted 92 per cent of the successful candidates hired last year for clients including The Heart Foundation and the Mobil-owned Quix food store chain.
Jason Snell - Hire Ground
Former Geelong football star Jason Snell is carving out a lucrative niche in the recruitment sector. He spoke to Joanne McCulloch about his new association with the AFL and global expansion plans.
Jason Snell - Hire Ground
Issue 32
FORMER Cat Jason Snell is about the only person in Australia who is rejoicing the national skills shortage. For the AFL star, who was forced out of the game in 2002 with a severe ankle injury, the problem has presented a lucrative opportunity. His company, Final5, specialises in taking the headache - and cost - out of recruiting new staff. With the skills shortage meaning there are fewer suitable candidates for companies to hire, his business specialises in shortlisting the best five candidates and presenting them to the employer for interviews within 10 days.
The business fits nicely in between a full service recruitment agency, which can charge up to 30 per cent of a newly hired worker’s salary, and a situation where the employer does all the leg work themselves.
“What we have done is set up a business that sits right in the middle of those two methods,” the 30-year-old says. “We charge a flat fee of $1750 for a shortlisting service. We find the candidates, review them to ensure they are applicable to the position and deliver a shortlist of five candidates to the client that meets their brief. So instead of them having to write their ad, place it and speak to hundreds of people before they find the people they want to meet, they basically give that job to us. This not only saves time but a lot of money.”
Read the full article in the latest issue of Wealth Creator Magazine in stores now.
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