Recruitment
Recruitment
Recruiting Talent
Learning Objectives 2
The nature, objectives and importance of recruitment
The factors that affect recruitment
The recruitment process, delineate different stages in the process and
describe each of them
The distinct philosophies of recruiting and understand implications of each
on employee hiring
Hiring involves two broad groups of activities:
Recruitment
Selection
3
Nature of Recruitment
Contd.
Contd.
Recruitment Process
Strategy Development
‘Make’ or ‘Buy’
Technological Sophistication
Where to Look
How to Look
Contd.
Recruitment Process
Internal Recruitment
Evaluation of Internal Recruitment
• It is less costly
• Firms typically have a better knowledge
• An organisational policy of promoting from
within can enhance employees’ morale
Sources of Recruitment
Contd.
Recruitment Process
External Recruitment
Specifically, sources external to a firm are professional or trade
associations, advertisements, employment exchanges,
college/university/institute placement services, walk-ins and
write-ins, consultants, contractors, displaced persons, radio and
television, acquisitions and mergers, contractors and competitors
Contd.
Recruitment Process
E-Recruiting
Employment Exchanges
Campus Recruitment
Walk-ins, Write-ins and Talk-ins
Consultants
Contractors
Displaced Persons
Radio and Television
Acquisitions and Mergers
Competitors
Contd.
Recruitment Process
Contd.
Recruitment Process
Searching
Source Activation
Selling
Screening
In screening, clear job specifications are invaluable
The techniques used to screen applicants vary depending on the candidate
sources and recruiting methods used
Evaluation and Control
Evaluation and control is necessary as considerable costs are incurred in the
recruitment process. The costs generally incurred are:
Salaries for recruiters
Management and professional time spent on preparing job description,
job specifications, advertisements, agency liaison, and so forth
Cost of advertisements or other recruitment methods, that is, agency fees
Cost of producing supporting literature
Recruitment overheads and administrative expenses
Costs of overtime and outsourcing while the vacancies remain unfilled.
Cost of recruiting suitable candidates for the selection process
Contd.
Evaluation and Control
Evaluation of Recruitment Process
Return rate of applications sent out
Number of suitable candidates for selection
Retention and performance of the candidates selected
Cost of the recruitment process
Time lapsed data
Comments on image projected
Employee Leasing
Temporary Employment
Outsourcing
Internal and External Recruitments:
Advantages and Disadvantages
Realistic Job Previews