Manage
HR
It
is the quality and the standard of the human resource recruited
that plays a key roll in differentiating between a successful
organisations and a "run of mill" organisation . In
this section, we will discuss the issues relating to this valuable
resource through a series of articles. And yes, we are
open to contributions from masters of this Art ... Are you one?
Hunting
for Mr. Right?
One
recruitment ad in the newspaper; a deluge of resumes! Sifting
through the pile of prospective employers’ profiles, HR
managers often wonder if they are getting to the right people.
A
huge number of companies are switching to e-recruitment, and
the driving factor is the speed at which the Internet works.
Waiting for weeks and even months for Mr. Right to make his
appearance is now passé. 45% of all the Fortune 500 companies
have turned to e-recruitment, and it’s time for the others
to follow suit!
Job
portals and e-recruitment is the most cost effective option.
The HR Manager needs to specify the criteria and voila! The
search engine does the short-listing based on the criteria and
can email the candidate immediately. These services are provided
by the job-site and the Corporate needs to pay a certain premium
to use the job site and its services to hire for their company.
In
course of time, online recruitment will eclipse all other hiring
methods. Technology advancements will make things even easier
for the employer. With advanced videoconferencing equipment,
employee-employer interaction will soon be history.
How
does e-hiring impact a recruiter like you?
The
biggest advantage would be the reduction of cost by 78% (source
IDC, India, EMA’s 1998 Cost per hire study). A 60-day job
posting on a typical International job board costs about $300
while an employment ad in one issue of the Sunday New York times
costs $917 per column. This is reason enough for a recruiter
to shift to hiring on the net!
The
process also increases your search boundaries, and you do not
have to restrict yourself to one geographical area. The best
talent is at your beck and call. Recruiters the world over plan
to increase online spending by 52%. (Forrester Research, Feb
2000).
Isn’t
it time you considered e-hiring too?
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