Economics

Various sources of recruitment

Various sources of recruitment

Various sources of recruitment

Recruitment or Hiring is the process of searching and attracting the right candidates for hiring them for the vacant jobs in an organization. There are two sources of recruitment, Internal sources and external sources. Recruitment refers to the process of searching for potential employees and influencing them to work for their organisation..

The purpose of the recruitment process is to find talented and qualified individuals for the growth and development of their organisation. it is part of the human resource management (HRm) department. Meaning of Recruitment Process: Edwin B. Flippo defined the recruitment process- Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the organisation.”

In the words of Dale S. Beach ‘Recruitment is the development and maintenance of adequate manpower resources. It involves the creation of a pool of available labour upon whom the organisation can draw when it needs additional employees. The recruitment process leads to a collection of candidates for any vacancies an organisation might have.

Sources of Recruitment: There are many sources of recruiting potential employees but all of them can be grouped into two categories, namely.

Internal Sources of Recruitment: Internal sources of recruitment consist of employees who are already on the payroll of a firm. It also includes former employees who have returned to work for the organisation. Recruitment From internal sources is done to fill up vacancies through promotion, re-hiring and transferring employees within the company.

Advantages of Internal Sources of Recruitment: Selecting and transferring existing employees is a simpler process. The managers are aware of the talents and abilities of already existing employees.

Internal recruitment serves as a tool to boost the moral of employees as internal hiring creates job and promotion opportunities for existing employees.

Internal hiring promotes a feeling of loyalty amongst of the employees. Existing employees are already aware of the company’s working methods and don’t take a long time to adjust to new positions.

However, there is a potential drawback to the internal recruitment process. It can lead to a stagnation in the company’s workforce. No introduction of new employees or fresh ideas. Often employees who are not suitable for a higher position are given promotions just because they have been at the organisation for a long time, not because of their skills and qualification. Characteristics of Internal Sources of Recruitment Quick process.

Cheaper than the external recruitment process.

Works as a tool of motivation for the staff. The company’s choice is limited to existing employees of the company. Hiring fresh employees is a lost prospect. External Sources of Recruitment. External Sources of recruitment refer to the sources that lie outside or exist external to the organization. Sources of external recruitment include People joining an organisation, specifically through recommendations.

Employment agencies (e.g. naukri. Com) or employment exchanges.

Advertising Institutes like colleges and vocational schools (e.g., Campus Selection. Contractors Hiring unskilled labour List of applications Temporary workers.

Encouraging existing employees to recommend suitable candidates can thus lead to the hiring of the right individuals for the right jobs. A higher level of teamwork and synchronization among employees would, therefore, be achieved.

However, it might also lead to employees picking their close friends and family good opportunities. Whereas, external recruitment provides a wider collection of potential employees with the necessary skillset. It has proven to be a successful recruitment process when hiring for managerial and technical positions.

Characteristics of External Sources, Long and time-consuming process. It is an expension process. When external people are given opportunities over them, then existing workers lose morale. Hiring new employees can lead to the introduction of new bloods and thus the introduction of a new set of skills and ideas.

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