Beruflich Dokumente
Kultur Dokumente
ASSIGNMENT
RECRUITMENT
Submitted to Prof. R. K. Lodhwal
DISHI MEHROTRA
MAMC IV SEM
Definition of Recruitment
Recruitment is the process of hiring talented employees for certain jobs by motivating them to apply for those jobs which are available in organization.
Objectives of Recruitment
Recruitment fulfills the following objectives: 1. It reviews the list of objectives of the company and tries to achieve them by promoting the company in the minds of public. 2. It forecasts how many people will be required in the company. 3. It enables the company to advertise itself and attract talented people. 4. It provides different opportunities to procure human resource.
Methods of Recruitment
Recruitment is a process of searching for prospective employees and stimulating them to apply for jobs. Companies can adopt different methods of recruitment for selecting people in the company. These methods are: 1. Internal sources 2. External sources The sources can be further explained with the help of following diagram:
1.
Internal Recruitment - is a recruitment which takes place within the concern or organization.
Internal sources of recruitment are readily available to an organization. Internal recruitment may lead to increase in employees productivity as their motivation level increases. It also saves time, money and efforts. But a drawback of internal recruitment is that it refrain the organization from new blood. Also, not all the manpower requirements can be met through internal recruitment. Hiring from outside has to be done.
who are ready to shift to another branch of the same company and it is also beneficial to people who want to shift to another branch. 6. Employee recommendation- In this method employees are asked to recommend people for jobs. Since the employee is aware of the working conditions inside the company he will suggest people who can adjust to the situation. The company is benefited because it will obtain. Advantages of Internal Recruitment 1. 2. 3. Internal methods are time saving. No separate induction program is required. The method increases loyalty and reduces labor turnover.
4. This method is less expensive. Disadvantages of Internal Recruitment 1. There is no opportunity to get new talent in this method. 2. The method involves selecting people from those available in the company so there is limited scope for selection. 3. There are chances of biased and partiality. 4. Chances of employee discontent are very high.
2.
1. Management consultant- Management consultant helps the company by providing them with managerial personnel, when the company is on the lookout for entry level management trainees and middle level managers. They generally approach management consultants. 2. Employment agencies- Companies may give a contract to employment agencies that search, interview and obtain the required number of people. The method can be used to obtain lower level and middle level staff. 3. Campus recruitment- When companies are in search of fresh graduates or new talent they opt for campus recruitment. Companies approach colleges, management, technical institutes, make a presentation about the company and the job and invite applications. Interested candidates who have applied are made to go through a series of selection test and interview before final selection. 4. News paper advertisement- This is one of the oldest and most popular methods of recruitment. Advertisements for the job are given in leading news papers; the details of the job and salary are also mentioned. Candidates are given a contact address where their applications must be sent and are asked to send their applications within a specified time limit. The method has maximum reach and most preferred among all other methods of recruitment. 5. Internet advertisement- With increasing importance to internet, companies and candidates have started using the internet as medium of advertisement and search for jobs. There are various job sites like naukri.com and monster.com etc. candidates can also post their profiles on these sites. This method is growing in popularity. 6. Walk in interview- Another method of recruitment which is gaining importance is the walk in interview method. An advertisement about the location and time of walk in interview is given in the news paper. Candidates require to directly appearing for the interview and have to bring a copy of their C.V. with them. This method is very popular among B.P.O and call centers. Advantages of External Recruitment 1. There is influx of competition among new talent in the method.
2. 3.
There is lesser chance of partiality through this method. If options like campus recruitment have been exercised we get a chance to employ fresh graduates, thus increasing employment.
Disadvantages of External Recruitment 1. 2. 3. The method is costly because it involves recruitment cost, selection, training cost. The method is time consuming. The method reduces loyalty to the company.
Recruitment Process
Recruitment management system greatly enhances the performance of recruitment process and delivers efficiency to the organization. These processes are as follows:
Organize the whole recruitment process in a well-defined and manageable manner. The system enhances and facilitates comprehensive, reliable, faster and precise online application management.
The system reduces the overall recruitment time cycle, thereby reducing cost for the company. The system has various tools to improve overall productivity of the recruitment process
The system consolidates online application, outside recruitment agency process, interview stage, etc. The system stores all the applicant information within the database as to facilitate faster future requirement processing.
The system facilitates a user friendly interface between applicant, talent acquisition team and online application link.