Recent Trends In Recruitment

There is so much happening in the recruitment itself. Lot of new and innovative practices are now being used now a days by the industry.   Being the most importart aspect of business, recruitment is always on priority list of any of the organisation.  There are various new trends are being noticed which are in practice such as :

• Outsourcing

Outsourcing firms develop their human resource pool by employing people for them and make available personnel to various companies as per their needs. In turn, the outsourcing firms or the intermediaries charge the organizations for their services. The outsourcing firms help the organization by the initial screening of the candidates according to the needs of the organization and creating a suitable pool of talent for the final selection by the organization.

Advantages of outsourcing are:

  1. Outsourcing helps to the client company for recruitment process.
  2. Company need not plan for human resources much in advance.
  3. Outsourcing helps to the initial screening process
  4. It helps to the final selection by the organization
  5. Value creation, operational flexibility and competitive advantage.
  6. Tuning the management’s focus to strategic level processes of HRM.
  7. Company free from the salary negotiations
  8. Outsourcing helps to save the time and resources.

• Poaching/Raiding

Poaching means Developing it. “Buying talent” (rather than developing it) is the latest mantra being followed by the organizations today. Poaching means employing a competent and experienced person already working with another reputed organization in the same or different industry; the organization might be a competitor in the industry. A organization can attract talent from another organization by offering attractive pay packages and other terms and conditions, better than the current employer of the candidate. But it is seen as an unethical practice and not openly talked about. It has become a challenge for human resource managers to face and tackle poaching, as it weakens the competitive strength of the firm.

Advantages of Poaching / Raiding:

  1. Employing competent and experienced person, who already working in another reputed company.
  2. New Employer ready to give attractive packages, better than the current employer.

• E-Recruitment

E- recruitment is the use of technology to assist the recruitment process. Many big organizations use Internet as a source of recruitment. They advertise job vacancies through worldwide web. The job seekers send their applications or curriculum vitae i.e. CV or resume through e mail using the Internet. Alternatively job seekers place their CV or resume in worldwide web, which can be drawn by prospective employees depending upon their requirements. 

  1. Advantages of recruitment are:
  2. Low cost.
  3. No intermediaries
  4. Reduction in time for recruitment.
  5. Recruitment of right type of people.
  6. Efficiency of recruitment process.

 

 

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How the job analysis can best benefit to the company
How to identify and apply performance management to get the best output from it?