sources of recruitment

HUMAN RESOURCE MANAGEMENT

Dolly Darshan Singh(029)Dr. Prashant Agrawal(024)

Which source of recruitment does the organization follow? Why?

ACKNOWLEDGEMENT Mr. Saurabh Shah(Associate Manager HR)Tata Technology,Hinjewadi, Pune. Dr. Gurpreet SinghHR Manager,Sunrise Hospital,Gurgaon.

Sumantra Mitra (HR Head) Glenmark Pharma, Mumbai.

There are two types of sources commonly used:

INTERNAL SOURCE

EXTERNAL SOURCE

INTERNAL SOURCES

TRANSFERS Based on efficiency of employees.

PROMOTION AND DEMOTION Based on performance of employees.

  The dependents and relatives of DECEASED OR DISABLED EMPLOYEES are also recruited by many companies.

RETIRED AND RETRENCHED EMPLOYEES In case of shortage of qualified personnel or increase in load of work.

EXTERNAL SOURCES PRESS ADVERTISEMENTS

Advertisements of the vacancy in

newspapers and journals.

EDUCATIONAL INSTITUTES Campus recruitment.

PLACEMENT AGENCIES

Private consultancy firms. Known as RPO(Recruitment Process Outsourcing).

EMPLOYMENT EXCHANGES

Provide job information to job seekers Help employers in identifying suitable candidates.

LABOUR CONTRACTORS Manual workers can be recruited through contractors.

UNSOLICITED APPLICANTS

Many job seekers visit the office of well-known companies on their own.

EMPLOYEE REFERRALS / RECOMMENDATIONS

Current employees of the organization can refer their friends and relatives for some position in their organization.

RECRUITMENT AT FACTORY GATE

Unskilled workers may be recruited at the factory gate.

These may be employed whenever a permanent worker is absent.

RECENT TRENDS IN RECRUITMENT

E-RECRUITMENT Internet as a source of recruitment.

The job seekers send their applications or

curriculum vitae i.e. CV through e mail.

Alternatively, job seekers place their CV’s in worldwide web.

Advantages of e-recruitment are:

•Low cost

•No intermediaries

•Reduction in time for recruitment

•Recruitment of right type of people

•Efficiency of recruitment process

OUTSOURCING

A company may draw required personnel from outsourcing firms.

The outsourcing firms conducts the initial screening of the candidates according to the needs of the organization.

In turn, the outsourcing firms charge the organizations for their services.

•Company need not plan for human resources much in advance.

•Value creation, operational flexibility and competitive advantage.

•Company is free from salary negotiations, weeding the unsuitable resumes/candidates.

•Company can save a lot of its resources and time.

Advantages of outsourcing are:

POACHING / RAIDING

Buying talent rather than developing it is the new mantra of the corporate world.

Offering attractive pay packages, higher perks and better terms and conditions.