Acquiring Talent - Fonterra Looks to Futurestep

Tuesday, 26 February 2008, 12:41 am
Press Release: Futurestep

Getting Smart About Acquiring Talent - Fonterra Looks to Futurestep

WELLINGTON and SINGAPORE, Feb. 26 /PRNewswire-AsiaNet/ --

Fonterra Engages Recruitment Process Outsourcing (RPO) Leader to Drive Talent Acquisition

Futurestep, the outsourced recruiting subsidiary of Korn/Ferry International (NYSE: KFY), today announced that it has been engaged by Fonterra, the world's largest dairy exporter and New Zealand's largest employer, to provide RPO services for its operations in the Australasia region.

The RPO effort marks the continuation of a long-standing relationship with Futurestep and Fonterra, and highlights Fonterra's commitment to approaching talent as a strategic priority to stay at the forefront of its industry. With nearly 17,000 employees and global operations, Fonterra is New Zealand's largest company and one of the top dairy companies in the world.

In the engagement, Futurestep will provide strategic sourcing for permanent and fixed-term staff in Australia and New Zealand. Services cover all critical elements of Fonterra's recruiting effort, including: internal candidate management, vendor management, graduate recruitment and international recruitment, as well as management of its recruiting technology.

"The ability to identify, attract and retain the right talent is essential in today's global marketplace," said Mr. Robert McNabb, chief executive officer, Futurestep. "As a leader in its industry, Fonterra understands the importance of talent and of having an effective recruiting capability. Futurestep is a perfect fit for meeting Fonterra's needs. We're delivering an RPO service that is innovative, scalable and cost-effective, but most importantly, we're giving Fonterra the edge it needs to compete for talent and win."

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"Getting smart about how we find candidates in a much more targeted and proactive way is one of the key outcomes we expect from this new model. We have the confidence in Futurestep to deliver," said Ms. Heather Kean, general manager, Talent & Engagement, Fonterra.

About Korn/Ferry International

Korn/Ferry International, with more than 80 offices in 39 countries, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to identify, deploy, develop, retain and reward their talent. For more information on the Korn/Ferry International family of companies, visit http://www.kornferry.com

About Futurestep

Founded in 1998, Futurestep serves as Korn/Ferry International's outsourced recruiting subsidiary, focusing on the creation of successful recruitment solutions based on clients' individual workforce needs. Futurestep has locations in 17 countries across North America, Asia Pacific and Europe. In addition to recruitment process outsourcing, the company's portfolio of services includes project-based recruitment, interim solutions and mid-level recruitment. For more information, visit http://www.futurestep.com

ENDS

http://www.kornferry.com

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