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In simply terms ,Recruitment is the process of
searching for and obtaining applicants for
job,from among whom the right people canbe selected .
It refers to the process of receipt of
applications from job seekers . There are recruitments boards for railways
banks and other organizations .
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a) Increase the pool of job candidates at minimumcost.
b) The more qualified the pool the better the
success rate in selection.c) It can help the organization meet affirmative
action goals.d) It can increase organizational effectiveness.
e) It determines the present and futurerequirement of the firm in conjuction with itspersonnel planning and job analysis activities.
f) Begin indentifying and preparing potential jobapplicants who will be appropriate candidates.
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The process comprises of five interrelated
stages , viz :
a) Recruitment planningb) Strategy development
c) Searching
d) Screeninge) Evaluation and control
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Planning involves the translation of likely job
vacancies and information about the nature
of these jobs into a set of objectives ortargets that specify the:
(a) number ,and
(b) type of applicants to be contacted.
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Make or buy: Firms must decide whether
to hire less skilled force and invest on training
and educational programme or they can hireskilled labour and professionals.
Technological sophistication : This decision is
mainly influenced by the availabletechnology. Through computers can easilyscan the best pool of candidates from
national and international applications.
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INTERNAL RECRUITMENT :It includes; Present employees : Promotions Employees referrals: Employees referrals can be
a good source of recruitment .when employeesrecommend successful referrals ,they are paidmonetary incentives which are called findersfees. For eg; Microsoft , infosys ,wipro, satyam .
Texas Instruments has a third of its job beingfilled through employees referrals. Former employees Former applications .
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It includes: Professional or trade associations Advertisements Employment exchanges Campus recruitment Walk inns , write inns and talk inns Consultants Contractors Displaced persons Radio and televisions Acquisitions and Mergers Competitors E-recruiting
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SEARCHING INVOLVES TWO STEPS:-1. SOURCE ACTIVATION- this means that no
actual recruiting takes place until line managershave verified that a vacancy does exist or willexist.
2. SELLING- here organisations walk tightrope. Onone hand,they want to do what ever they can toattract desirable applicants. On the other, theymust resist the temptation of overselling theirvirtues.
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The screening process begins with an analysis
of application materials submitted by
applicants in response to the announcementof an open position. The search committee is
responsible for selecting the candidates forinterview who meet all minimum
requirements and are most qualified to fill thevacancy based on the stated requisite and
desirable qualifications.
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Salary Cost Management & Professional Time spent
Advertisement Cost Producing Supporting literature Recruitment Overheads and Expenses Cost of Overtime and Outsourcing
Consultants fees
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EXTERNAL FORCES
SUPPLY AND DEMAND
UNEMPLOYMENT RATE LABOURMARKET
POLITICAL- LEGAL
SONS OF SOIL
IMAGE
INTERNAL FORCES
RECRUITMENT POLICY
HRP SIZE OF FIRM
COST
GROWTH ANDEXPANTION
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Overtime
Employee leasing
Temporary leasing
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