Recruitment Strategy: Selecting and Keeping the Right Candidate
As the digitalization advances to transform recruitment strategies, in-house or RPO service provider must understand and embrace the changing trends.
So how to employ new recruiting trends to retain better talent at a lower cost?
These 5 recruitment strategies are guide to a smart recruitment, more effectively and efficiently.
Automate your Recruitment Process:
With the advancement of technology, automation has become mainstream technique in the recruiting industry. It is reducing the time-consuming and repetitive tasks of the recruiters.
How automation ease the hiring process and makes the job more effective?
Automation helps in enhancement of screening of the candidates, cost cutting and maintaining recruitment standard. Managing and processing a large volume of candidate application is now only a click away.
Research indicates that online recruiting can reduce cost-per-hire by 50% compared to traditional recruiting solutions. Automation is, truly, the future of jobs.
“The future of jobs is automation; the future of jobs is in replacing robotic jobs (repetitive jobs) with robots”
— Richard Lobo, executive vice-president of Infosys
Encourage Employee Referral Program:
Successful hiring through Employee Referral Program (ERP) can be an excellent source of candidates.
Driven through employee engagement, the retention rates of these candidates hired through ERP are high. An employee hired through ERP tends to stay associated with the organization for a longer time.
The complication and the cost gets reduced in the referral recruitment strategy. Initial screening is done by the employees only, saving valuable time also.
An absolute impact of employer branding strategy is very crucial, when recruiting valuable talent. So, it is very essential for any organization to emphasize on the employer branding.
What employees think about the organization and what is the perception of the candidates in the job market matters a lot. Potential candidates always want to associate with an organization that cares for its employees and where the caliber of a HiPo talent is acknowledged.
Positive Candidate Experience:
Recruiting is a two way path and providing a smooth candidate experience definitely enhances the recruiting strategy of an organization.
How to enhance candidate experience?
Recruiting manager should aim to deliver both consistent and positive candidate experience in every way. When recruiters are thoughtful about each step that the candidate goes through, it definitely results in a successful recruitment.
Building a Talent Pipeline:
Building a HiPo talent pipeline has been proved as an effective inbound recruitment strategy.
Review your current sourcing strategies. How strong is your talent pipeline? Are these inbound candidates capable of filling the future talent needs? The idea of building a talent pipeline is that it will fill the positions rapidly in future, when the need arises.
Click here for a successful and predictable Recruit-to-Hire Process.