1 RECRUITMENT RECRUITMENT
Dec 19, 2015
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RECRUITMENTRECRUITMENT
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Chapter ObjectivesChapter Objectives
Explain the external and internal environment of recruitment
Discuss the internal and external recruitment factors
Describe the recruitment process Describe internal recruitment methods Explain external sources of recruitment Identify external recruitment methods Explain the relevance of a recruitment
strategy Describe an applicant tracking system Discuss of Internet recruiting
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RecruitmentRecruitment
The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, and encouraging them to apply for jobs with an organization
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RecruitmentRecruitment
My Definition Identifying, sourcing and recruiting people for an
opportunity.
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RecruitmentRecruitment
What is the role of a recruiter?What is the role of a recruiter?
Why is it important to have a Why is it important to have a recruiter? recruiter?
What is the future of recruiting? What is the future of recruiting?
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Recruitment Sources and Recruitment Sources and MethodsMethods
Recruitment sourcesRecruitment sources: Place : Place where qualified individuals are where qualified individuals are foundfound
Recruitment methodsRecruitment methods: Means : Means by which potential employees by which potential employees can be attracted to the firmcan be attracted to the firm
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Recruitment StrategyRecruitment Strategy
Defined direction used to identify Defined direction used to identify
source and attract a candidate source and attract a candidate
pool.pool.
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Recruitment StrategyRecruitment Strategy
DiversitySources
ProfessionalAssociations
EventRecruiting
OutplacementFirms
CollegesAlumni
Online Communities
TargetCompanies
RecruitmentStrategy
Execute strategy before
outsourcing
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External Environment of External Environment of RecruitmentRecruitment
Labor Market Conditions Legal Considerations Corporate Image
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Internal Environment of Internal Environment of RecruitmentRecruitment
Human Resource Planning Promotion Policies Firm’s Knowledge of Employees Nepotism
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Recruiting process overviewRecruiting process overview
Candidates
VendorsClients
Recruiter (Team)
Candidate generation
Response management
Screen & select
Need definition
Hire
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Generator Group Generator Group Recruitment ProcessRecruitment Process
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Methods Used in Internal Methods Used in Internal RecruitingRecruiting
Job Posting Employee Referrals
Internal Job Fairs
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External Recruitment SourcesExternal Recruitment Sources
Why external recruitment? Acquire skills not possessed by
current employees Obtain employees with different
backgrounds to provide a diversity of ideas
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External Recruitment SourcesExternal Recruitment Sources
Internet Community Colleges Colleges and Universities Competitors and Other Firms Outplacement Firms Military Personnel Consultants or Researcher Professional Associations
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External Recruitment MethodsExternal Recruitment Methods
Advertising Employment
Agencies Job Fairs/Virtual Job
Fairs Executive Search
Firms Target Research
Internships Professional
Associations Open Houses Event Recruiting Sign-on Bonuses Company Database Target Internet
sites
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Executive Search FirmsExecutive Search Firms
Dedicated resource to locate experienced professionals and executives
Have established network of professionals
Contingency search firms – receive fees only upon successful placement
Retained search firms – receives payment up front, during the project and after successful placement
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Professional OrganizationsProfessional Organizations
Specialized organizations for certain professions
Serves as a educational resource for that profession
Example: SHRM
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Sign-on BonusesSign-on Bonuses
3 out of 5 companies use signing bonus as recruitment tool
Often used when applicant maybe leaving $ on the table
Amounts vary depending on the level of position
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Key metrics to monitor and trackKey metrics to monitor and track [Time-to-hire][Time-to-hire]
[[The total time required for hiring.The total time required for hiring.]]
[Quality-of-hire][Quality-of-hire][[How satisfied an organization is with a hire.How satisfied an organization is with a hire.]]
[Number of vacancies [Number of vacancies outstanding] outstanding] [[The total number of job vacanciesThe total number of job vacanciesthe company has.the company has.]]
[Cost-per-hire][Cost-per-hire][[The total cost associated with a givenThe total cost associated with a givenposition and hireposition and hire.] .]
[Recruit source effectiveness][Recruit source effectiveness][[The effectiveness of each source theThe effectiveness of each source thecompany uses to generate candidates.company uses to generate candidates.] ]
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Exercise Exercise
Read recruiting dilemma on page 131
Break into groups of three for 10min
Develop two - three solution
Report back
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Applicant Tracking SystemApplicant Tracking System
Automates Automates online online recruitingrecruiting
Allows Allows companies to companies to track recruiting track recruiting resultsresults