Web viewRECRUITMENT & SELECTION PROCESS AND STRATEGY. Recruitment can be defined as: All activities...
Transcript of Web viewRECRUITMENT & SELECTION PROCESS AND STRATEGY. Recruitment can be defined as: All activities...
RECRUITMENT & SELECTION PROCESS AND STRATEGY
Recruitment can be defined as:
All activities directed towards locating potential employees the attraction of applications from suitable applicants.
Importance:
Costs of mistakes: engaging incompetent, underqualified, unmotivated employees;
Work Hazzle: employing another person requires repeating the process and generates costs
RECRUITMENT NEEDS:
Internal Recruitment involves recruiting candidates within an organization to fill the vacancy.
Sources of Internal Recruitment:
1. Internal Advertisements ( emails, newsletters, forms )2. Word of Mouth3. Promotions4. Internal Employee Referrals
5. Retired Employees for temporary or contract positions.6. Present temporary/contract employees to permanent positions7. Former employees for part time/freelancer/work at home.
External recruitment involves recruiting a candidate through references, networks, job portals or they may approach recruitment agencies or educational institutions or air advertisements.
Sources of External Recruitment:
1. Job Portals,
2. Internal and External Employee Referrals3. Recruitment/Headhunting agencies4. Job ads on Newspapers/Websites5. Campus Recruitment6. Walk In
STRATEGIC RECRUITMENT PROCESS
1. Taking review of the need for the position to take into account the following:
o strategic and operational plans for the organization
o funding
o current staffing structure and skill levels;
o anticipations in terms of new positions, restructured positions, eliminated positions;
o how the needs for the position might best be met.
2. Labour market survey:o trends in terms of availability, o salaries,o education levels
3. Position announcement:o Title and agency affiliationo Salary rangeo Description of duties and responsibilitieso Minimum qualificationso Special conditionso Application procedureso Equal opportunity employmento Classificationo Career potentialo Special benefitso Time and place of applications
4. Selection of recruitment strategies
(Identify recruitment strategy of few companies operating inside India)
Recruitment Strategy
SELECTING RIGHT TALENT
Recruitment refers to the process of identifying and encouraging
prospective employees to apply for job and selection is the process of
picking the right candidates from the pool of applicants.
Recruitment is a positive approach where as Selection Negative approach
– Explain
Crash Recruitment Drive of Pepsi- 6 people, 6 days, Oberoi Business
centre 3000 applications
Fees charged by Recruitment consultant – 20 to 50% of employees first
year salary
Outcomes of Selection decision (Thomas Stone)
False Negative Error- Rejection of an applicant who would have
succeeded.
False Positive Error – Applicant selected expecting success, but failed
True Positive (High Hit) – Candidate selected expecting success and he
succeeds
True negative(Low Hit) – failure is expected and it happens