...Submitted By: Shriya Gera 120057 B. COM (H)-III B JESUS AND MARY COLLEGE Index Sr.no | Particulars | Page no. | 1 | Acknowledgement | 3 | 2 | Introduction | 4 | 3 | Recruitment Process Outsourcing: An Overview | 6-9 | 4 | Outsourcing Process Flowchart | 10 | 5 | Critical Requirement | 11 | 6 | Factors to be considered before selecting a Recruitment Consultant | 12 | 7 | Types of RPO | 13 | 8 | Benefits of RPO | 14-15 | 9 | Technique Use by RPO for Recruitment | 16 | 10 | Core and Non-Core Activities of Corporate HR | 17 | 11 | Choice of Outsourcing Model | 18 | 12 | Understanding Recruitment Process | 19 | 13 | Advantages of RPO | 20 | 14 | The ROI of RPO: Recruitment Expertise | 21-22 | 15 | RPO Process Model | 23 | 16 | The Big 3 Efficiency Metrics in Recruitment | 24-25 | 17 | Case Study | 26-29 | 18 | Conclusion | 30 | 19 | Bibliography | 31 | AKNOWLEDGEMENT I hereby thank Mrs. Renu Gupta (Mentor) for giving me an opportunity that led me to venture into an entirely new arena and discover the intricacies of recruitment process outsourcing world. It was during this project that I studied in greater details about the topic. During this journey I realized how different it is to practically implement the principals of management successfully. As I want to pursue a management degree in HR, this project was relevant to my future goals. Introduction Outsourcing the human resource (HR) processes is the latest practice being...
Words: 6938 - Pages: 28
...Meaning of recruitment: According to Edwin B. Flippo, “Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the organisation”. Recruitment is the activity that links the employers and the job seekers. A few definitions of recruitment are: • A process of finding and attracting capable applicants for employment. The process begins when new recruits are sought and ends when their applications are submitted. The result is a pool of applications from which new employees are selected. • It is the process to discover sources of manpower to meet the requirement of staffing schedule and to employ effective Measures for attracting that manpower in adequate numbers to facilitate effective selection of an efficient working force Recruitment of candidates is the function preceding the selection, which helps create a pool of prospective employees for the organization so that the management can select the right candidate for the right job from this pool. The main objective of the recruitment process is to expedite the selection process. Recruitment is a continuous process whereby the firm attempts to develop a pool of qualified applicants for the future human resources needs even though specific vacancies do not exist. Usually, the recruitment process starts when a manger initiates an employee requisition for a specific vacancy or an anticipated vacancy. Purpose & Importance of Recruitment: • Attract and encourage...
Words: 5334 - Pages: 22
...WWW.PAKASSIGNMENT.BLOGSPOT.COM Send your assignments and projects to be displayed here as sample for others at PAKASSIGNMENT@GMAIL.COM 1.0 Introduction: To enhance the knowledge an to make the students practical Lahore School of economics has made thesis research a compulsory part of the bachelors degree. I will be conducting research on Human resource management focusing the recruitment policies procedures and practices that are being implemented in Standard Chartered, CITI Bank and United Bank Limited. The objectives of this study are to identify general practices that Banks in Pakistan use to recruit the employees. This study also aims to determine which recruitment policies and practices are most effective. Determine how the recruitment policies and practices affect organizational outcomes. For recruiting managerial/professional candidates, the Internet is the most popular advertising medium used by organizations. Organizations also regularly utilize internal resources (e.g., internal job postings and employee referrals) when recruiting both internal and external candidates. Different kinds of agencies are used to recruit for positions at different levels. Temporary and government agencies are used mainly to recruit non-management candidates. Employment agencies, colleges, and professional organizations are used more often to recruit managerial/professional candidates. Organizations with the most effective selection systems were more...
Words: 7647 - Pages: 31
...Assessing Your Recruitment and Selection Practices Policies and Procedures The agency’s policies and procedures should thoroughly document the recruitment, assessment and selection processes. The policies and procedures should be accessible and understood by not only HR professionals but Managers and others involved in the hiring process. Ask yourself these questions to help assess whether or not your agency’s policies and procedures are current and include new requirements. Are recruitment, assessment and selection processes supported by written policies and procedures that are up-to-date, accurate and complete? (Ideally within 2 years.) How widely communicated are the agency’s written recruitment, assessment and selection policies to those who are involved in the process? (Ideally to all staff.) Does the agency utilize these policies and procedures for the recruitment, assessment and selection processes? Does the agency have a written policy describing procedures for the review of competencies and/or qualifications? Does the agency follow a formal recruitment, assessment and selection plan at the start of each recruitment? (Link to sample recruitment plan) Training Managers, supervisors, and personnel involved in the hiring process should receive comprehensive training in the agency’s full recruitment process and thoroughly understand proper interview and selection techniques. Who performs recruitment activities for the agency? (Ideally HR with...
Words: 678 - Pages: 3
...Recruitment Strategy and Job Offer Process HRM/548; Recruitment and Retention Practices Recruitment Strategy and Job Offer Process Organizations such as education, business, and engineering use diverse recruitment techniques to transform operations and the demand for employees vary depending on direction of company. This paper addresses how business establishments use recruitment strategy to fill job vacancies. In addition, in the paper is a suggestion that would be the best recruitment strategy to achieve the goal of drawing qualified personnel from within this industry. Finally, a detail approach to offering a position to an applicant Recruitment Strategies Recruitment is deciding on the need for personnel in one or more job openings. It is essential for a company to recognize whether an open or targeted recruitment strategy is effective, and to understand which one will succeed in meeting the company’s requirements. For instance, if a company has to fill more than 35 vacancies, the only true option for it is to choose an open recruitment policy. The open recruitment policy helps in attracting a number of applicants, including an assorted group of people (Heinemann & Judge, 2009). In this way, a pool of employees with differing standards of knowledge, skills, aptitudes, and other characteristics (KSAOs) from which they can select to fill vacancies. Hiring via newspaper, television, job fairs, radio, and media channels will attract numerous candidates to fill...
Words: 936 - Pages: 4
...Recruitment Services Service Specifications Document Revision History |Version |Date |Prepared by |Comments | |1.1 |22/10/2012 |L Dawson |Draft prepared for Statewide Recruitment Services transition to Hospital and Health Services 2012 | Contents |Summary of Service Items |4 | |Definitions and Acronyms |5 | |Detail of Service Items: | | |Workforce and Job Design |6 | |Options to Fill Vacancy |6 | |Advertising |8 | |Process applications |11 | |Selection ...
Words: 2857 - Pages: 12
...integration and resemblance amongst banks in the financial sector. As a result, banks are now faced with very high and intense competition amongst them (Harvey, 2010). Hence, in order to win this intense competition and maintain their market share of the bank industry; Human resources management is critical to the success of organization because human capital qualities that make it valuable, in sense high quality employees provide that a needed services as they perform capital function and resource of the employer (Donnelly et.al, 1992). Since, human resource management is vital for an organization, to acquire an effective and efficient employee, Recruitment, as a human resource management function, is also one of the activities that impact most critically on the performance of an organization. Therefore, recruitment is the process which has to be done carefully. According to (Weihrich and Koontz, 1994),...
Words: 4308 - Pages: 18
...“A Study On Recruitment Procedure Followed In Fresenius Medical Care (India) Pvt Ltd.” Chapter – I Introduction 1.1. Human Resource Management: Human Resource Management is the management of an organizations work force or Human Resource. It is responsible for attraction, selection, training and assement, rewarding of employee while, also overseeing organizational leadership and culture ensuring with employee and labour laws. The function was initially dominated by transactional work such as payroll and benefits administration but due to globalization, company consolidation, technological advancement and further research. Now Human Resource focus on strategic initiatives like merger and acquisition, talent management, succession planning, industrial and labour relation and diversity and inculsion. It is essential that Human Resource be made an integral part of an organization. Human Resource can be instrumental in developing a full analysis of each division and determining how function like recruiting and employee relation can support new and existing strategies. Human Resource is also an invaluable resource in evaluating how to facilitate the adoption of strategies, recruitment of new talent to sustain them and assure smooth transitions. As we concentrate on recruitment procedure, which is...
Words: 2689 - Pages: 11
...RECRUITMENT | | A process of finding and attracting capable applicants for manpower requirement. The process started when new recruits are sought. The result is a pool of applications from which new employees are selected. THREE TYPES OF RECRUITMENT a) Planned The needs arising from changes in organization and retirement policy. b) Anticipated Needed when human resource predict manpower requirement by studying internal and external environment. c) Unexpected Resignation, deaths, accidents, illness give rise to unexpected needs. | RECRUITMENT AND SELECTION DIFFERENCES Employment process include both recruitment and selection phases. The differences between selection and recruitment are: 1. Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the organization while selection involves the series of steps by which the candidates are screened for choosing the most suitable persons for vacant posts. 2. The basic purpose of recruitment is to create a talent pool of candidates to enable the selection of best organization while the basic purpose of selection process is to choose the right candidate to fill the various positions in the organization. 3. Recruitment is a positive process. It encourages more and more employees to apply WHEREAS selection is a negative process as it involves rejection of the unsuitable candidates. 4. Recruitment is concerned with tapping the...
Words: 2445 - Pages: 10
...1. Identify and recommend changes required in current policies and procedures. * The changes necessary in current policies and procedures is that, first, they need to be updated or the specifications need to update. We also need to comply with laws on equal opportunity, anti- discrimination and WHS. Reference check should always be included if a new employee is hired and training a new staff and some induction and training about the job should always be undertaken beforehand. Finally, we should always add goals and objectives, mission and vision of the company. 2. Develop revised recruitment, selection and induction policies and procedures for BS Training. New employees come into organisations with different motives and expectations, and with a diverse range of backgrounds, interests, skills and experiences. Having a clear outline of how you find, appoint and induct your new workers will help you to get the best match for your organisation. It also helps to make your new employees feel valued. To attract new employees who fit in well with your organisation and contribute to your programs you need to know what sort of new employee roles you need and, importantly, the kind of people that you would like to have in those roles. Before you start writing your policy, you might like to read our section on Attracting and recruiting. Recruitment A recruitment policy helps to ensure that you are clear about: * What services you are providing * How you will bring...
Words: 1350 - Pages: 6
...The Impacts of Recruitment Practice at Commercial Bank of Ethiopia Chapter One: Introduction This chapter consists of background of the study, statement of the problem, general and specific objectives of the study, significance of the study, scope of the study, limitation of the study and organization of the paper. 1.1 Background of the Study The government of Ethiopia has launched economic reforms, financial liberalization measures and restructuring of financial institutions with the aim of promoting a competitive environment and efficient banking services to the public. The financial sector, with implementation of flexible interest and exchange rates that are market-lead, shows sign of improvement. In addition, the coming in to effect of the Licensing and Supervising Banking and Business Proclamation No. 84/1994 propels the emergence of many private banks in the market since 1994 (Kiyota et.al, 2007). This joined by rapid technological advancement and improved communication systems, has contributed to the increasing integration and resemblance amongst banks in the financial sector. As a result, banks are now faced with very high and intense competition amongst them (Harvey, 2010). Hence, in order to win this intense competition and maintain their market share of the bank industry; Human resources management is critical to the success of organization because human capital qualities that make it valuable, in sense high quality employees provide that a needed services as they...
Words: 4136 - Pages: 17
...HUMAN RESOURCE MANAGEMENT Answer CASE STUDY : 1 A policy is a plan of action. It is a statement of intention committing the management to a general course of action. When the management drafts a policy statement to cover some features of its personnel programmes, the statement may often contain an expression of philosophy and principle as well. Although it is perfectly legitimate for an organization to include its philosophy, principles and policy in one policy expression. Q1) Why organizations adopt personnel policies explain the benefits? Recruitment and Selection • Policies pertaining to the recruitment and selection process are the foundation of building any workforce. You must have a plan for creating applications, how to prequalify applicants, how applicants move up to become a candidate and other employment procedures. This set of policies also benefits current employees who refer applicants to your business. Training and Professional Development • Provisions for employee training and development are included in human resource policy documents because it informs employees of the kind of professional development available to them. In addition, policies related to training and development assistance in the formulation of employee development plans or performance improvement plans. Training and development policies serve as an outline of educational benefits available to current employees. Handling Employee Concerns • Many companies have written procedures...
Words: 6735 - Pages: 27
...Recruitment and selection processes Assume that you are HR manager of BS Training .You are required to read the recruitment, selection and induction policies and procedures of BS Training and prepare a report. Your report should include the following: 1. Identify and recommend changes required in current policies and procedures. 2. Develop revised recruitment, selection and induction policies and procedures for BS Training. 3. Suggest how BS Training could use technology to improve the efficiency and effectiveness of the recruitment and selection process. 4. Identify relevant managers and other staff you need to consult during development of recruitment and selection policies and from who you will need support to make the new policies successful. 5. Identify the strategies you will use to obtain support from key personnel, particularly senior managers, for your new recruitment and selection policies at BS Training. 6. Create draft forms and documents that support your new recruitment, selection and induction process policies. 7. Explain how you will communicate your new policies and procedures to relevant staff and create a training plan to ensure they are able to follow your processes properly. You must provide: • A hard copy of your written report Your assessor will be looking for the following in your report: • Evidence and referenced sources e.g. reading reference materials, internet research and direct research (contacting and interviewing organisations) that...
Words: 262 - Pages: 2
...Resourcing Talent RTO 3. Activity 1 Produce a report of approximately 750 words, in which you identify and assess 4 factors that affect an organisation’s approach to both attracting talent and recruitment and selection. Identify and explain 3 organisational benefits of attracting and retaining a diverse workforce. Describe 3 methods of recruitment and 3 methods of selection. 1.1 Explain the organisational benefits of a diverse workforce. Publisher Malcolm Forbes once said that 'diversity is the art of thinking independently together.' Diversity is vital in today's workplace. Having a diverse workforce opens up a wealth of possibilities and helps to encourage creativity and innovation. Benefits include: * Positive company image; Companies who hire individuals from a range of backgrounds gain a reputation for being a good employer. Potential customers often feel more valued and can view the company as being fair therefore give more business to these organisations. * Increase in creativity; People from other cultures, age groups and backgrounds can offer different ways of thinking and solving problems. The more ideas you can obtain from different people, the more likely you are to develop a workable answer or solution. This is a tremendous advantage of diversity in the workplace. * Capture more of the market; When your workplace is home to a diverse group of people with different experiences, your company can more effectively market to consumer groups...
Words: 1063 - Pages: 5
...FEATURES OF A GOOD RECRUITMENT POLICY “Recruitment is the process of searching for prospective employers and stimulating them to apply for jobs in the organization." The efficient operation of the enterprise and its future depends upon recruitment policy. Recruitment Policy:- “the recruitment policy is concerned with quantity and qualifications of man power” A good recruitment policy should have the following considerations. * Recruitment should be made by central institute. Every department should send its requirement. * Recruitment should be made according to posts fallen vacant. * Vacancies must be approved by competent authorities. * Recruitment should be based upon competence and ability of the applicant. * Recruitment should be made by approved and appropriate source. * Employees should be clearly told about the nature of work, remuneration and other service conditions. * Recruitment should be made by competent and experienced employees, so that they may ask questions ascertain their suitability. * Recruitment should be fair and free from any favor and pressure. * There should not be false assurance given to candidates about promotion, wages and other amenities, because in future, if the assurance is not met the employee will lose his interest in the work. * Recruitment policy should be elastic, clear and comprehensive, so that necessary improvement and modification can be made as per the real situations. ...
Words: 356 - Pages: 2
