Speaker: Pranshu Sharma, Associate Consultant - HR Analytics at MetLife
Hi everyone,
Recruiting is a major human resource activity. Depending on the size of the company, HR Departments estimate that they spend between 50 percent and 70 percent of their time on recruiting new employees each year. A good recruiting program should attract the qualified and discourage the unqualified. Meeting this dual objective will minimize the cost of processing unqualified candidates.
Takeaways form the above video
Recruitment It refers to the overall process of identifying, attracting, screening, shortlisting and interviewing suitable candidates for jobs(either permanent or temporary) within an organization.
Stages of Recruitment 1) New Application
2) Screening Review
3) Assessments
4) Hiring Manager Review
5) Interview
6) Offer
7) Offer Accepted
- Background check
- Ready to be hired
Sources of RecruitmentInternalExternalPromotionAdvertisementTransferEducational InstituteRetired EmployeePlacement agenciesNotice BoardConsultantJob PostingOther employee recommendations
Following Recruitment Metrics is explained here - Time to fill
- Time to hire
- Source of hire
- First year attrition
- Active(open) recruitments
- Filled recruitments
- Cancelled Requisitions
- Average time to fill days
Thought of the Day: No masterpiece was ever created by a lazy artist.
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