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Welcome to the class of HRM !. RECRUITMENT. Prof. Hiteshwari Jadeja. What is recruitment?. Recruitment is the process of searching for prospective employees and stimulating and encouraging them to apply for jobs in an organization. -Edwin Flippo. Features of recruitment.
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RECRUITMENT Prof. HiteshwariJadeja
What is recruitment? Recruitment is the process of searching for prospective employees and stimulating and encouraging them to apply for jobs in an organization. -Edwin Flippo
Features of recruitment • It is a positive act. • It involves a series of planned activities. • It helps in developing applicant pool. • It represents the first contact between the organization and the potential employees. • It intends to locate and reach out to potential applicants.
Objectives and Importance of recruitment • Determine the present and future requirements of the firm. • Attract the people with multi-dimensional skills and experiences. • Increase the pool of candidates at minimum cost. • Help increase the success rate of selection process. • Increase organizational and individual effectiveness in the short and long term. • Meet the organization’s legal and social obligations regarding the composition of its workforce.
Emphasis on “Learnability” in the Recruitment Policy of Infosys • Infosys look for qualities like superior academic records, technical skills and ingrained capacity for hardwork. • It concentrates on recruiting candidates who exhibit a high degree of “learnability”
Recruitment at HDFC • HDFC rarely recruits people laterally. • Prefers recruiting people from second tier business schools and not the top ones as they fit in better with HDFC’s work culture and goal of helping ordinary people.
Factors Influencing Recruitment • External Forces • Supply and demand • Unemployment rate • Labour market • Legal Provisions • Sons of soil Recruitment • Internal Forces • HR policy • Recruitment Policy • HRP • Nature of Job • Size of the firm • Conventional Wisdom
Pause and Ponder…… • Think of a firm you want to submit job application. Which factors attract you towards the company?
Recruitment process The recruitment process is concerned with the procedure for the identification and classification of the potential source of human resources supply and effectively utilising those sources.
The Multiple Recruitment Strategy of Tata Support Solutions • Direct walk-ins • Referral walk-ins • Consultant services • Campus recruitments • Recruitment advertising • Internal Job Posting
The Job Posting System: Wipro • Wipro has a popular and transparent job posting system- “Wings Within”, an intranet site to communicate all vacant job positions to the employees
Anti-poaching Techniques in corporates • The automotive giant EICHER has insured its top employees with LIC under the insurance scheme called ‘Key Man policy’. • According to this policy, the employee gets the sums only if he stays for an agreed duration. • Mahindra & Mahindra offers 50% of the employees’ bonus in form of FD.
Recruitment Yield Pyramid Offer Acceptance 20 Offers/Acceptance (3:2) Job Offer 30 Interview/Offers (4:3) Invited for Final Interview 40 Screening/Invites (5:1) Invited to Screening Interview 200 Contacts/Screens (10:1) Initial Contacts 2000
Recruitment practices in India • Existing employees • Employee referrals • Advertising • Private employment agencies • Internet recruiting
Employee Referrals: A New Horizon in Recruitment • Cisco hires 55 to 60 percent of employees through referrals. • In Infosys 40 percent of hiring is done laterally. • At TCS, hiring through employee referrals has increased by 175 percent in last two years.
