Recruitment refers to the complete process of attracting and selecting a qualified or suitable person for the vacant position through proper interview or screening process. The proper recruitment process is very important for a company as it meets the future workforce demand with some specific skill set and provides a suitable resource for any vacant job position. The recruitment screening processes should be finalized based on the company vision and long term growth objectives.
Challenges faced in Recruitment
Attract people with multi dimensional backgrounds
Induct Outsiders with new perspective
Develop a culture that attracts people to company.
Locate people whose personalities fit the company’s values
Design entry pay that competes on quality and not quantum
Search for talent globally and not within the company only
Recent changes in Recruitment trends
Hunting for people who worked in diversified back grounds and taken wide area of responsibilities.
Constantly look for new people in the job market
Allowing employees to seek new skills and learn new technologies
Inducting new talents at all levels in organization
Search outside the company also for top jobs like CEO, CFO etc. to bring outside experience in the management
Recruiting from different backgrounds, campuses, even from different sectors
Looking for cultural fit, interests of people to expand in other countries or regions
Use of psychographic tests to judge the psychometric position of the prospective employees
Training recruiters to use multisession depth interviews
Best Practices used by different companies for Recruitment
Build the possibility of stock ownership into your compensation package. Ex – CISCO
Highlight your corporate culture as good reason to work for your company. Ex- Southwest Airlines, Wal-mart, HP
Focus on career growth opportunities that your organization offers to recruits. Ex – 3M
Include young line managers & B-school alumni in the recruiting team. Ex-Deloitte
Build relationship with institutes & students to grab them before rivals. Ex-TCS
Showcase corporate culture – B-school grads are looking for level of responsibility, degree of autonomy, potential & scope for learning. Ex- Asian Paints
Present all the facts about your company. Don’t promise something that you cannot deliver. Ex – ICICI, Cadence Design systems.
Get in early through summer placement, offering PPO, building special relationships viz. offering scholarship, sending your managers to teach on campus etc. Ex – Sun Microsystems
Hire the best-fits people well suited for your company. Target all– rounder instead of a topper