Recruitment- Importance/ Challenges and Solutions
WHAT IS RECRUITMENT?
- Development of Strong Employer branding
- Offering competitive compensation and benefit packages
- Providing opportunities for career growth and development
Challenges in Recruitment
- Attracting the Right Candidate
- Competition
- Shortage of talent
- Time regulations
- Cost
How important is Talent recruitment for an Organization?
- Attracting and Retaining Talent
- Developing the Talent in an organization
- Managing Performance
- Creating Leadership Teams
- Making decisions
- Reorganize to capture value quickly
- Reducing overhead cost for the long term
- Making culture a competitive advantage
- Leading transformational change
- Transition to new leadership roles
"Go after the cream of the cream. A small Team of A+ players can run circles around a giant team of B and C Players."
-Steve Jobs-
There is a ' War for Talent' in a global context as many organizations engage in fierce competition in advanced economies to attract and retain employees at a time when too few employees are available as replacements. The Formula for Organizations to find the right talent is based on EVP- 'EMPLOYEE VALUE PROPOSITION" What Employee "GETS" for what they "GIVE".
EVP= EMPLOYEE VALUE PROPOSITION
If an employee " GIVES" many flavours
- Time
- Effort
- Experience and Ideas
- Tangible Rewards
- The experience of working in a prestigious company
- Career development
- GREAT LEADERS- who are Inspirational, Supportive, empowering and focused on development.
- GREAT COMPANY-Reputation, values, culture, business results and contribution to society
- GREAT JOB -Interesting opportunities for growth and advancement, with impact and meaning.
- GREAT REWARDS-Wages, benefits, rewards,non-financial forms of recognition
Effective absorption of EVP can solve many challenges in recruitment and could be highly cost-effective.
https://youtu.be/JPHVeQ7-ynA?si=WyUslSbB22SJjyvL
Solutions In Recuirment
- Development of a ' Talent pipe Line'
- Employer Branding
- Employer branding is the practice of influencing how current employees and the larger workforce perceive a company’s reputation as an employer. While branding in general targets the perception of consumers, employer branding specifically focuses on a company’s prospective hires and internal employees.
- It is simply "the process of building an identifiable and unique employer identity"
- Backhaus and Tikoo (2004)
- Technology and Automation
- Technology and automation in recruiting refer to the use of technology, such as machine learning algorithms, natural language processing, chatbots, and other intelligent tools, to automate and streamline the recruitment process. With AI and automation, the recruitment process becomes more efficient, cost-effective, and less time-consuming
- Diversity and Inclusion
- In the Global context, many companies are taking steps toward Diversityinclusionluion initiatives. the main purpose of doing so is to recruit employees from different backgrounds and cultures which would create a diverse workforce. Workforce diversification would enable the company to develop unique perspectives and experiences. It has proven in today's world that diverse teams can lead to increased innovation and better decision-making in organizations.
- Training and Development
- Training is responsible for designing, delivering, and evaluating learning programs that enhance the skills and knowledge of your employees. Development is responsible for planning, implementing, and monitoring career paths and growth opportunities for the employees. by giving proper training and development of their knowledge it is easy for an organization to build up the ' Talent pipeline'.
Öster, H. and Jonze, J., 2013.
Employer branding in human resource management: The importance of recruiting
and retaining employees.
https://www.diva-portal.org/smash/get/diva2:603822/FULLTEXT02.pdf
Farndale, E. et al. (2015) ‘A global perspective on diversity
and inclusion in work organisations’, The International Journal of Human Resource Management, 26(6), pp. 677–687. doi: 10.1080/09585192.2014.991511.
Saifalislam, K.M., Osman,
A. and AlQudah, M.K., 2014. Human Resource Management Practices: Influence of
recruitment and selection, and training and development on the organizational
performance of the Jordanian Public University. organization, 3, pp.1-08873.
Othman, A.E.A.,
2009. Recruitment selection and training development practices: Value-added
contribution towards organizational effectiveness. Universitatii
Bucuresti. Analele. Seria Stiinte Economice si Administrative, 3,
p.73. |
Tipper, J., 2004.
How to increase diversity through your recruitment practices. Industrial
and commercial training, 36(4), pp.158-161. |
Well structed. Yes, Organizations may overcome recruiting issues by focusing on employer branding, applicant experience, diversity, technology adoption, and talent pipeline development.
ReplyDeleteThank you Arnundathi for the valuable comment. and yes Organizations can overcome recruitment issues with many solutions. and Inclusion of Diversity Equity and Inclusion DEI could also be a good possibility in attracting the right talents for a company.
DeleteThe article emphasizes the importance of recruiting and its procedures, but it also raises concerns about the viability and effectiveness of these methods in the current complex and constantly evolving work environment. How can organizations ensure that their employer branding and remuneration packages are sufficiently competitive to attract exceptional talent, particularly in a global environment when talent is limited and in great demand?
ReplyDeleteNufail thank you so much for your valuable insights. and true the world is evolving by the day it is almost impossible mission. but due the high demand and limited talent its makes all the competition global. which gives the opportunity for the organizations to recruit globally. it gives them to find the most suitable candidate and as an added bonus diverse work force can be created.
DeleteAn insightful article about recruitment and the ways to implement this in an organization is discussed clearly and concisely. Yes, Shalindri, there are many challenges we may face during recruiting the right candidate with the right skills. The solutions you have mentioned in this article are a good way of overcoming the current problems in recruiting. However, there are many other methods to overcome this. Please refer to the link for effective employee selection methods. (https://www.indeed.com/career-advice/career-development/employee-selection-methods)
ReplyDeleteThank you Judith for your valuable comments and insights. yes truly effective employee selection method could resolve a lot more challenges that would come after .
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