DEFINITION
It is the process of finding and attracting capable
applicants for employment, The process begins when new recruits are sought and ends when their applications are submitted. The result is pool of applicants from which new employees are selected.
Purpose & importance
Determines the present and future requirements of
the org. in relation with HP and JA Increase the pool of candidates in minimum cost To increase the success rate of selection process Reduce the probability of immediate attrition Meet legal and social obligation Identify and prepare potential job applicants Increase individual effectiveness in short & long term Evaluate the effectiveness of recruiting techniques
Attract highly qualified and competent people
Ensure that the selected candidate stay longer with Make sure that there is a match between cost & benefit Helps the org. create more culturally diverse work-
force.
FACTORS GIVERNING RECRUITMENT
External factors 1. Supply & demand 2. Unemployment rate 3. Labour market 4. Political social 5. Sons of soil 6. image
FACTORS GOVERNING RECRUITMENT
INTERNAL FACTORS 1. Recruitment policy 2. HRP 3. Size of the firm 4. Cost 5. Growth & expansion
RECRUITMENT PROCESS
Recruitment Planning
Strategy Development Searching Screening Evaluation & control
RECRUITMENT PROCEES
Number of contacts
Type of contacts
STRATEGY DEVELOPMENT
Make or buy
Technological sophistication Where to look How to look
INTERNAL RECRUITMENT
Present employees
Employee referrals Former employees Previous applicants
EVALUATION OF INTERNAL RECRUITMENTS
Less costly than external
Better knowledge Boost employee morale
EXTERNAL RECRUITMENT
Professional or trade associations
Advertisement Employment exchange Campus recruitment Walk-ins & write-ins Consultants Contractors Displaced persons
Radio & television
Acquisitions & mergers Competitors E-recruiting
Evaluation of external recruitment
Benefit of new skill & talents
Full fill reservation requirement Avoid resentment
SEARCHING
Source activation
Selling
SCREENING
Elimination
Choosing the right candidate
EVALUATION & CONTROL
Salaries for recruitment
Management & professional time spent on preparing
job description, job specifications, advertisements, agency liaison etc. Cost of advertisement or agency fees Cost of producing supporting literature Recruitment overheads & administrative expenses Cost recruiting suitable candidates for the selection process.