5 Recent Trends In Recruitment Process

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Jobs are so very important in our life to survive in this world. Aspirants who just complete the education are always looking for jobs in a reputed companies. Therefore, all the candidates who are looking for job, want to change a job should definitely join the hands with recruitment agencies to know how does the recruitment process work? It will actually solve your queries and you will know how you are getting the job and this will help secure your job.

  1. Company Branding- Well, many of you will ask why company branding is important. Candidates who are worth to opt for quality jobs always check the position of the company, its achievements and growth which will in a way will help them to grow and so they are eager to check the social status of the companies and get into the depth of the company so that they get 100% result.
  1. Talent Analytics play an important role when companies look for qualitative research. Nowadays, companies are looking for talent analyst experts for the full time basis so that they can work on the in-depth knowledge and it will actually help both the companies and candidates for future.
  1. Hire the employees on the basis of motivation, but not always on the basis of skills. It will actually help the companies to get energetic employers and it will help in a way to grow the company and feel better to see your company grow in a positive way.
  1. Sometimes companies find it really hard to keep the communication on with the aspirants candidates after the initial communication. Therefore, HR section or the recruitment agencies take the responsibility to find the best candidate for the companies. They actually work very hard to find the best candidate for you and give you excellent service.
  1. Today, the candidates also get the easiest way to find the job. It will definitely help the candidates in various ways and they can find the desired job in the best possible manners.

These are the five trending ideas in the recruitment process that one can implement in one’s company to get the best result and the best employee to have a complete growth of the business in a positive way. The candidates will also get a clear message and they can also move ahead to these advanced company techniques and enjoy their employment status.

The job market is changing in every second and you should always update yourself with the changing trend so that you can actually find an eligible candidate to flourish your company to the next level.

Tips To Choose An Effective Recruitment Consultancy For A Company

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Recruitment Consultancy can be considered as an intermediary between the business and candidate. The client company benefits from the better staff hiring that contributes towards workforce stabilization, performance and achievement of business goals while job seekers benefit from a boost in the career graph in the right direction. However, choosing a recruitment consultancy can be challenging task for every company. There are certain pointers that needs to be kept in mind while partnering with such a consultancy.

  • The first and foremost measure to be taken is to perform an in-depth research on the consultancy. It is better to go through the profiles for at least 10 to 15 consultancies before short listing a few from the list. Then it is necessary to go through their profiles and expertise and preferably the client list. Most of these information is readily available in the website of the consultancies. The client company can also look for reviews from the previous partnering companies as well. This gives a good insight about the functioning performance of the consultancy.
  • It is better to hold up a face to face interview with the consultancy representatives. This helps in understanding the scope of services of the consultancy along with the prime industries for which the services have been provided. This makes the understanding more relatable and fruitful at the same time. It also aids in understanding whether the consultancy has been involved in hiring niche technical professionals which are more advanced and rare at the same time.
  • It is also better to consider the profile of the workforce the consultancy has. It can be in terms of number of senior recruiters present in the consultancy, any recruiter associated with specific field level recruitment expertise, specific recruitment services and such like.
  • If the company is in need for specific type of labor requirement, then it should for a consultancy that provides the same. In certain cases, the company is in need of contractual labor, temporary workforce or freelancers and consultants. Then it is better to opt for consultancies who are experienced in providing such type of labor within a limited time frame for better project and business management.
  • If the company plans to go ahead with the service of the consultancy, then it always advisable to ask for the procedure and details of the service well in advance. It is important to know the process in which the consultancy will undertake the recruitment process and to what extent will assist in the selection procedure. Based on this the further decision on the service can be taken up. Also other details related to the service delivery, payment and legal terms need to be penned down in a written agreement for clarity.

Lastly, the communication channel between the company and the consultancy should be predefined and followed by word. The point of communication should also be decided so as to avoid multiple communication confusion among various individuals regarding the updates and proceedings of the recruitment process.

Staffing Agencies And Their Advantages

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Staffing agencies are referred to as professional firms who extend their services to the candidates who are looking for a job change or starting their career, as well as to the employers who need to fill in gaps for skills sets or add to the workforce. Staffing solutions have been in the limelight in recent years after the rising demand supply gap between the number of professionals required for critical positions and actual availability of the same. This gave rise to the staffing agencies and their services. So it is important to point out at their advantages from a business perspective.

  • The first and foremost the challenge that every industry is facing in current times is shortage of skilled professionals. Though might sound a bit off the track as millions of professionals are graduating each and many are looking out for job opportunities, but reality is somewhat different. The top notch professionals are hard to get and most of them come under passive candidature. Staffing agencies contribute towards reaching out to such candidates that contributes towards increasing quality of hire for the client company. This is especially helpful towards IT staffing
  • Recruitment drive is a time intensive process. A lot of time is involved during the initial application tracking and resume short listing phase as there are lot of random application that come in during the first stage of the hiring. This type of legwork can be done by the staffing agency wherein it will present a concise list of candidates who can be considered as potential employees for the final selection round.
  • The major concern over any business process is operational cost. Hiring and maintaining an in-house recruitment team within the organization is a cost sensitive approach. Moreover, the need of hiring fluctuates over time but the team needs to be maintained round the year. Alternatively if the entire process is outsourced then it brings down the operational costs to a great extent. The requirement of hiring can be scaled up or down according to the business need.
  • When a staffing agency is hired, there is accountability and transparency to the process. The agency first understands the requirement of the client company in terms of skills and performs an initial level analysis to point out the gaps and loopholes in existing workforce. This report is shared with the company and a further agenda towards the recruitment drive is formulated. Updates on candidate list and selection process are shared with the client company at regular intervals for transparent information sharing that contributes towards accountability.

Lastly, the network of the staffing agencies is often more stronger than the company itself. They usually maintain a database of candidates across various skill sets and expertise that is updated at regular intervals. This gives access to profiles which are not available on other job portals and forums. Moreover, the communication of the client company with such candidates is created at a faster pace with affectivity.

Qualities Of A Great Executive Search Firm

http://i0.wp.com/asaptalentservices.com/wp-content/uploads/2016/08/Executive-search2.jpgAn executive search firm is often referred to as a professional service provider company that has specialization in recruitment of executives and other senior professionals for its client companies under some form of agreement. There are many companies now days who are seeking service from such firms in order to fill in the positions in a time and cost effective manner with perfection. While it is a very effective approach to gear up for recruitment needs, there are certain factors that need to be kept in mind for the selection of such firms.

  • The first thing to look out for is the industry experience. It is better to look for executive search firms which have already worked in the similar segment for a better knowledge base. The best way to find this information is through company website. If the industry in which the firm has worked is not mentioned, it is better to go through the list of clients for which the firm has worked for. This also helps in gaining insight regarding the same.
  • Every business has its own sell-ability quotient and business development objectives. This criterion holds true for executive search firms as well. An insight regarding their business model and structure they follow to provide their service is essential to be noted. This will determine whether the business process is suitable for the client company or not.
  • The success of a firm lies in the number of tasks completed by the company rather than number or projects it roped in. So, one should visit online forums wherein organizations and individuals give feedback about the recruitment projects actually completed successfully by such firms. This determines the actual performance of the firm.
  • Flexibility is a key to such firms. The better a firm can mold the business process in accordance with the client company, the more effective service provider it becomes. Hence adaptability of the service provider in accordance with client company structure and work culture is an added advantage.
  • Recruitment process is a continuous process. The companies are usually in need for professionals all-round the year for various functionalities and building up as well as maintaining a stable workforce. Hence, if one can enter in to long term partnership with such a firm, then it becomes a cost and time effective approach of handling the recruitment needs to the business.

The executive search firm should have a strong database of candidate profiles which is updated on a regular basis. This helps in looking in to the fresh profiles that are most updated and relevant at the same time. The networking channels of such a firm should be strong and well connected to source the candidates effectively. In addition to this, it should also have access to passive candidates. Such candidates are not easily available as they are not actively looking for jobs and mostly are working with competitors. The executive search firm should be able to convince such candidates for the opportunity and the selection process.

HR Agency And Its Intricacies

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HR management has been the talk of the town in recent times with the advent new corporate structure and advanced reforms that have taken place in the global economy and industry segments. Previously, companies used to keep the involvement of HR segment to minimum in the business process and its budget allocation was also limited. This is due to the fact that HR is not a direct profit yielding segment. But now the thought process has changed. Companies have understood the importance of HR and its direct involvement in attaining the strategic business goals in the long and short term. With this understanding another aspect of HR management has risen, which is partnering with an HR agency for management of this business segment. With this trend, it is also essential to understand the advantages and down sides of this partnership. Hence both sides of it are as follows: –

Advantages

  • The HR process has many aspects to it which includes workforce management, payroll management, time sheet maintenance, HR policies, organizational structuring, performance management and such like. This required experienced resources who can not only manage these systems but also from time to time make necessary amendments and changes according to current industry trends and reforms. This can be effectively done by a HR agency. They are the industry experts who are well versed with the such restructuring and processes.
  • Secondly, in order to manage this process, a company requires additional resources in certain specialty segment as well. Hiring such resources and maintaining a set up similar to that adds to the capital cost of the company. But if a HR agency is given this responsibility then it reduces the overall operational costs of the company.
  • The recruitment process can be benefitted with this approach. Usually, these agencies have access to a sizable section of candidate database which can be effective towards the hiring process. They also have certain profiles which might not be available in public domain or through regular sources. This approach is especially helpful towards recruitment in the niche segments and technical aspects. This will eventually boost productivity and workforce performance.

Disadvantages

  • Outsourcing of the HR process to a third party service provider means that the company will have to share all the corporate information with the agency. This might include certain confidential information as well. If due to certain reason these type of information is breached, it might result in loss of credibility and market position.
  • If a HR agency is taken in to consideration, then the company needs to pass the entire control of the HR process to the agency. This might result in losing out on control of the business process within the organization. It might harm the managerial and productivity aspects to some extent.
  • Lastly, the company needs to reply on the candidates short listed for the recruitment drive by such an agency. It might happen that the quality of the candidate list might not be up to the mark for recruitment.

Therefore, the organizations should consider both the aspects before partnering with such an agency.

Collaborative Hiring and its Advantages

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The collaborative hiring process is a different approach to the recruitment from the traditional or conventional hiring methods. In this approach, the hiring managers do not make the entire decision of the recruitment. Instead the employees and other people such as the consultants also present their opinion regarding the process and the potential candidates. In modern times, many multinational and blue chip companies have switched to this initiative of recruitment for certain profitable reasons. The pointers that make such type of hiring beneficial are listed below.

  • There are companies such as Apple, Facebook and Google who have already shifted to this model of hiring and have established the fact that this approach is directly proportional to the profitable innovation. It is an advantageous approach to the business process as a whole.
  • The key selling point of this approach is the existing employee base. Involving them in the recruitment process means increasing the visibility of the process. This augments the transparency and decision making within organization. Due to this benefit, it is usually preferable by a manpower consultancy.
  • In this approach, the employees become the face of recruitment and they are the best sales person in this scenario. Candidates tend to get more convinced about the job role and the company and there is a higher chance of accepting the offer.
  • Since, the candidates interact with the future team members before hand during the interview process; they can understand the team behavior and attitude of the work environment. It reduces the chances of unwanted friction of attitude.
  • Since there are different opinions involved in the recruitment process, it is easier to identify any existing loopholes within the system. In this the evaluation of the candidate is also performed in a more structured and effective manner.
  • The referral program becomes much more effective through this approach. It shows the value addition of the employees in the recruitment process and the efforts are also recognized in the form of rewards. This in turn increases the quality of hire as well as the volume in a positive way.
  • It contributes towards employer branding that gives a significant competitive edge in the market or industry. This initiative showcases the employee involvement in major workforce building initiative and projects an employee centric work culture of the company.
  • This directly contributes towards the productivity of the new recruit. As the team members were involved in the hiring process, they are more involved in training the new recruit and bringing him or her up to the level of essential productivity. It is helpful for the entire business process in the long run.

The collaborative hiring process increases the level of knowledge of existing employees as well. During the interview process, the exchange of questions, answers and queries help in understanding the market conditions as well the company stand point in view of the outside world from the candidate. This aids in better implementation of business strategies.

Advantages Of A Job Consultancy

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The corporate world is moving a rapid pace. It is becoming difficult for companies to keep up with the increasing demand of industries due to dynamic innovation of technology and fast changing trends. In order to support such conditions, the production of the organization as well as performance of the employees need to be at par with such conditions. Therefore, companies are now looking out of candidates who can join immediately after selection and take over the responsibilities at a swift pace to support the flow. The demand of “ready now” candidates is on the rise. A job consultancy is very crucial in such a scenario that can locate and bring in such candidates. The companies can benefit from following features of a job consultancy.

  • Such consultancies have a strong network of candidates readily available under their system. These candidate profiles are already pre verified and accessible at the same time which might not be available through normal channels. This is beneficial if a company is looking out for professionals in niche segments and industries.
  • They can help in streamlining the entire process to make it more effective and efficient at the same time. From the huge number of random applicants, they short list a small batch of effective and most aligned candidates which reduces the unwanted time of going through huge number of random resumes.
  • They reduce the wastage of management time to a significant level. They interview and evaluate only the most relevant candidates based on the company requirement on the behalf of the organization. These candidates will have the most significant skill set that is in line with the job profile.
  • Usually a job consultancy has a board of recruiters who have rich years of experience in hiring as well as in the HR segment. Hence they understand the recruitment agenda as well as the company work environment. Accordingly they can effectively evaluate and analyze candidates in terms of technical skill set as well as professional behavioral aspect in order to find the best match for the company.
  • Today the companies are looking out for solutions that are not only time effective in nature but also are budget friendly. If the cost of recruitment process is added up based on individual stages, then it becomes significant. Cost of job ads, resources devoted towards CV short listing, conducting interviews, evaluation, on boarding and such like involves a significantly amount of money, whereas a consultancy can provide all services under a single umbrella at a better cost structure which is profitable for the company.

Lastly, just finding candidates and conducting the interview process does not make the system effective. There are certain other elements to the process as well. Consultancies provide valuable advice on the salary benchmarking which is at par with the market so that it provides a suitable position among competitors and it is budget friendly at the same time. This helps the company in the long run towards growth and development.