Recruitment

RECRUITMENT

Definition Of Recruitment: Finding and Attracting Applications
“Recruitment is the Process of finding and attracting capable applicants for employment. The Process begins when new recruits are sought and ends when their applications are submitted. The result is a pool of application from which new employees are selected.”

MEANING OF RECRUITMENT:

Recruitment is understood as the process of searching for and obtaining applicants for jobs, from among them the right people can be selected. Though theoretically recruitment process is said to end with the receipt of applications, in practice the activity extends to the screening of applications so as to eliminate those who are not qualified for the job.

PURPOSE AND IMPORTANCE OF RECRUITMENT: -

1.Determine the present and future requirements in conjunction with personnel planning and job analysis activities
2.Increase the pool of job candidates at minimum cost
3.Help increase success rate of selection process by reducing number of under-qualified or over-qualified applications.
4.Reduce the probability that job applicants once selected would leave shortly
5.Meet legal and social obligations
6.Identify and prepare potential job applicants
7.Evaluate effectiveness of various recruitment techniques and sources for job applicants.

FACTORS GOVERNING RECRUITMENT

External Factors:
·Demand and Supply (Specific S****s)
·Unemployment Rate (Area-wise)
·Labor Market Conditions
·Political and Legal Environment (Reservations, Labor laws)
·Image
Internal Factors
·Recruitment Policy (Internal Hiring or External Hiring?)
·Human Resource Planning (Planning of resources required)
·Size of the Organization (Bigger the size lesser the recruitment problems)
·Cost
·Growth and Expansion Plans

RECRUITMENT PROCESS

Recruitment Planning
·Number of contacts
·Types of contacts
Recruitment Strategy Development
·Make or Buy Employees
·Technological Sophistication
·Where to look
·How to look
Internal Recruitment (Source 1)
·Present employees
·Employee referrals
·Transfers & Promotions
·Former Employees
·Previous Applicants
·Evaluation of Internal Recruitment
External Recruitment (Source 2)
·Professionals or Trade Associations
·Advertisements
·Employment Exchanges
·Campus Recruitment
·Walk-ins Interviews
·Consultants
·Contractors
·Displaced Persons
·Radio & Television
·Acquisitions & Mergers
·Competitors
·Evaluation of External Recruitment
Searching
·Source activation
·Selling
·Screening of Applications
Evaluation and Cost Control
·Salary Cost
·Management & Professional Time spent
·Advertisement Cost
·Producing Supporting literature
·Recruitment Overheads and Expenses
·Cost of Overtime and Outsourcing
·Consultant’s fees
Evaluation of Recruitment Process
·Return rate of applications sent out
·Suitable Candidates for selection
·Retention and Performance of selected candidates
·Recruitment Cost
·Time lapsed data
·Image projection

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INTERNAL RECRUITMENT:p>:p>
Advantages:p>:p>	Disadvantages:p>:p>
1.Less Costly:p>:p> 2.Candidates already oriented towards organization:p>:p> 3.Organizations have better knowledge about internal candidates:p>:p> 4.Employee morale and motivation is enhanced:p>:p>	1.Old concept of doing things:p>:p> 2.It abets raiding:p>:p> 3.Candidates current work may be affected:p>:p> 4.Politics play greater roles:p>:p> 5.Morale problem for those not promoted.:p>:p>

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EXTERNAL RECRUITMENT:p>:p>
Advantages:p>:p>	Disadvantages:p>:p>
1.Benefits of new s****s and talents:p>:p> 2.Benefits of new experiences :p>:p> 3.Compliance with reservation policy becomes easy:p>:p> 4.Scope for resentment, jealousies, and heartburn are avoided.:p>:p>	1.Better morale and motivation associated with internal recruiting is denied:p>:p> 2.It is costly method:p>:p> 3.Chances of creeping in false positive and false negative errors:p>:p> 4.Adjustment of new employees takes longer time. :p>:p>