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| Author: Antony Xavier |
Today hiring the right talent
has become the crucial aspect of running a successful business. Hiring
processes still continue to be a challenge with increase in Rising
Compensation, Increasing attrition due to poaching of quality talents by
competitors, The changes we see in this new age in hiring process are today the
Recruitment and the selection policies are flexible as per the business needs,
increase in leveraging of social networking sites such as LinkedIn, Facebook,
twitter and many more to source the best talents talent and build relationships
with a wider pool of candidates. Whether it is recruiting a candidate at the
junior level or at the senior level to attract the best talent HR has to lay
down a strong recruitment and selection process. The process involves right
from creating a JD for the specific role, sourcing CV's, screening resumes,
short listing candidates, Interview process, reference checks, issuing offer
and formulating an Orientation program.
Some of the current flaws we
could see in the selection & hiring strategies used by the organization
are:
♦ Companies are not keeping
tracking of the Recruitment Cost
♦ Getting restricted to same job
portals & ignoring better opportunities based on new talent pools
♦ Lack of ethical practices
♦ Rush to close the position,
compromising on the job fit or cultural fit
♦ Focused on short term
♦ Weak Hiring process
In the last few years it has become Employee dominated market that is why apart from references the companies use competency test in domain knowledge are used in the selection process. Today HR is not just recruitment. It is effective management of the critical resources in any business. It keeps the systems in Shape and controls attrition.
Do share your best practices for the benefit of others. "Gaining Knowledge is the first step to wisdom. Sharing it is the first step to humanity".
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