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. Weather 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".