10 myths of recruitment in india
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Transcript of 10 myths of recruitment in india
10 Myths of
Recruitment in India
2
Myth #1 Recruitment is
a sideshow to the “serious” issues of the talent market
FACT #1 Recruitment Industry in
India is 20,000 Crores large
And is making front page news
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Myth #2 Recruitment falls
under HR
Fact #2 Recruitment is 80% Sales.
Only 20% HR.
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• Once a recruiter finds a good candidate, • He sells the Job to the Candidate and • He sells the Candidate to the Hiring
Manager • Plain recruiters start with the Job
Description. The Best recruiters start with a good candidate
• The HR part only comes in when determining “fitment”
90% of a recruiters job is calling total Strangers at all times of the day offering them a position. Sounds like Sales ?
Recruitment is 80% Sales. Only 20% HR.
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Myth #3 When a Jobseeker sends his resume to a recruiter
it gets all his attention
Fact #3 Most recruiters resume
management system looks like this.
www.tps360.com
“When a candidate sends me a resume – he thinks it goes into a database. The sad
fact is that it remains trapped in my Outlook”
- 99% recruiters
Recruitment’s Dirty Secret
Most recruiters resume management system looks like this.
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Myth #4 Social Recruitment is the
Simplest way to recruit
FACT #4 : Social Media has millions of conversations –
Blogs, Linkedin, Facebook etc. Too much clutter
• Social Media is an important new channel of sourcing. • Social Media can also enhance relationships. It does
not however replace or circumvent the need for physical relationships
• A Linkedin invite cannot replace a firm handshake, eye contact or a personal 2-3 minute conversation
• How many of your Linkedin / Facebook friends do you really remember ?
• Dunbar’s number claims that you cannot effectively handle more than 150 friends
• A LION accepts all LinkedIn invitations. And this helps how ?
• “Twitter Clutter” is an increasingly recognized phenomenon
FACT # 4 : Social Media Clutter
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Myth #5 Social Media will “redefine”
recruitment
Job Portals did become an important new channel for sourcing candidates but did not “Redefine” recruitment.
Social Media will play a similarly important role.
FACT #5 : We have been through this before. Job Portals were supposed to “redefine” and “dis-
intermediate” the recruitment industry.
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Myth #6 I have put up my resume on
several jobsites. I will surely find a job now.
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FACT #6 : Only 13% of placements take place through
Job Portals
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Employee Referrals, Print Advertising and Recruitment
Agencies are as important
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Myth #7 An engineering degree is
the path to success
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Number of Engineering colleges and seats is expanding
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FACT #7 : Enrollment is dwindling and number of
vacant seats is as high as 30% in some states
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Myth #8 IT salaries are the highest
and rise the fastest
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FACT #8.1 : Indian IT salaries are amongst the lowest in the
world
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FACT 8.2 : Salaries in IT Firms are stagnating
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Myth #9 An MBA is a sure way to
move up the career
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FACT #9 : MBA degrees in India are high in supply and low in
demand
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Myth #10 Un-employment in India
Will end in 2025
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FACT #10 : Technology and Globalization have altered the equation between Capital and
Labor.
India will struggle as will the rest of the world.
About the Author
Amit Saxena is a Recruiter with extensive running his own Recruitment Agencies in India and the Middle East. He also has extensive experience in Technology Consulting having worked for Sapient and Accenture. His Software company - Sambe Software (www.sambesoftware.com) is a leading provider of recruitment and full HRMS solutions for India and the Middle East. Sambe provides cutting edge tools and technologies to support the HR functions of Organization Design, Manpower Planning, Recruitment, Onboarding, Payroll, Employee Administration and Performance Management. Hi s passion is Recruitment 2.0 – using Social Media for Recruitment and HR functions. Follow Us
BLOG : http://frogrecruiter.wordpress.com Website: www.elixtra.com, www.reJox.com Linkedin : linkedin.com/profile/view?id=3042474