Recruitment in Human Resource Management
Recruitment: The Basics
- Recruitment Definition:
- Recruitment refers to the process of finding and attracting suitable candidates for employment.
- It involves understanding the job requirements thoroughly before beginning recruitment efforts.
- Purpose of Recruitment:
- The aim is to establish a pool of suitable and interested candidates, and to subsequently select the "best" candidate available.
- An important note is that in recruitment, quality matters more than quantity; it is essential to have a sufficiently large pool of candidates to avoid issues in the selection process.
- Variables in Recruitment:
- The time, costs, and efforts required to fill an open position vary significantly depending on the role.
- Rule of Thumb: The more specialized the skill set required, the longer and more expensive the hiring process will be.
- Challenges: Skill shortages in certain industries can make recruitment difficult, unlike sectors with a plentiful labor supply.
- Analogy:
- Recruitment is likened to dating; it is successful only when both parties agree they are a good match.
- Trends in Recruitment:
- There has been an increase in scrutiny of company policies by applicants.
- Examples include concerns about the organization's environmental record, board diversity, corporate social responsibility, and sustainability efforts.
- Networking:
- More than 80% of non-entry level jobs are filled through networking rather than traditional recruitment methods.
Internal vs. External Recruitment
Internal Recruitment:
- Pros:
- Typically faster and less costly.
- The employee is already familiar with the organization.
- Better understanding of job requirements by the current employee.
- Limited or no cultural adjustment needed; smoother transitions.
- Provides career advancement opportunities, potentially increasing morale and loyalty.
- Direct access to existing networks within the organization.
- Cons:
- May lack fresh perspectives as there is no influx of new ideas.
- Existing team dynamics may not always support optimal outcomes; good professionals don’t always make effective managers.
- Can reinforce existing organizational structures and biases, limiting diversity.
- Can be time-consuming and expensive if current employees need training.
- Potential issues with union opposition and internal politics.
External Recruitment:
- Pros:
- Brings new perspectives and ideas into the organization.
- Useful when required skills are not available internally.
- Can enhance diversity and inclusion within the workforce.
- Cons:
- Potentially more costly and time-consuming.
- Internal candidates may feel overlooked, leading to dissatisfaction.
- Involves building an external network, which takes time and effort.
Challenges Faced by Recruiters
- Unrealistic Requirements:
- Hiring managers may request candidates with unrealistic qualifications or experiences (e.g., "30-year-old, with 2 Ph.D. degrees and 20 years of relevant experience").
- Urgency in hiring can lead to expectations for immediate results (e.g., "please find this person until yesterday").
- Internal Compensation Policies:
- Recruiters must maintain internal compensation alignment and navigate salary structures which may limit offers to candidates.
- External Economic Factors:
- Labor market conditions, such as the unemployment rate, macroeconomic environment, and skill shortages influence recruitment success.
- Legal limitations can restrict hiring practices (e.g., work permits for foreign hires).
- Competitive actions (like sign-on bonuses) can impact recruitment.
- Budget Constraints:
- High expectations for internal promotions may limit the exploration of external candidates.
- Limited budgets can restrict recruitment efforts and lessen the recruitment function's effectiveness.
Traditional Recruitment Methods
- Employee Referrals:
- Often effective; can lead to better fits between new employees and organizations.
- Some organizations offer referral bonuses, though may not attract diverse candidates.
- Advertising:
- Includes placements in newspapers, TV, radio, and online media; often targeted based on the audience's interest.
- Can be expensive and may not yield high success rates.
- Job Fairs:
- Allow direct interaction with multiple employers, facilitating quick engagement with potential candidates.
- Walk-ins & Write-ins:
- In general, applicants drop off CVs without applying for specific jobs; success rates tend to be low.
The Good:
- Recruitment through online channels is inexpensive, accessible 24/7, and can reach a wide audience, including international applicants.
- Platforms include social media (LinkedIn, Facebook), job boards (Monster, Indeed), and company career pages (often the most reliable).
The Bad:
- Not all groups of applicants have equal access to the internet, leading to disparities.
- Applicant Tracking Systems (ATS) can result in overwhelming applications, potentially weeding out suitable candidates.
- Legal concerns may arise from using social media information about applicants not directly related to job performance.
Other Methods of Recruitment
- ESDC Services:
- Employers can post open roles on the Job Bank, benefiting both parties.
- Employment Agencies:
- Serve as a resource for employers without the capacity to conduct their own searches; may charge a fee equivalent to one month's salary.
- Quality and sophistication of service can vary compared to headhunters.
- Headhunters:
- Conduct thorough searches and candidate analysis; can be costly, typically charging 25% of annual salary.
- Often focus on specialized markets, like executives or technical roles.
- Professional Associations:
- Offer job postings on their platforms for members; useful for HR roles, with specific associations in different provinces (e.g., CPHR SK, HRPA in ON).
- Temporary Help Agencies:
- Provide quick talent solutions for temporary roles, usually low-skilled; the temp agency retains employer status and typically charges fees.
Choosing a Recruitment Method
- Decision factors include:
- Available time.
- Specific skills required for the position.
- Number of positions needing to be filled.
- Internal constraints (e.g., evaluating internal candidates first).
- Available budget for recruitment efforts.
- Previous successful methods of recruitment can guide choices, but experimenting with new methods is encouraged.
- In practice, recruiters often utilize a combination of methods for effective results.
Effectiveness of the Recruitment Function
Common Measures of Success:
- Cost per Hire:
- Not a reliable measure as it does not indicate the quality of hires made.
- Unsuitable hires can cost significantly more than initial hiring expenditures.
- Quality of Hire:
- Better measure than cost, but more difficult to quantify; requires long-term evaluation of new hires.
- Time per Hire:
- This metric is beneficial only when compared to external benchmarks and is influenced by external factors, including economic conditions.
- Offers Accepted Ratio:
- The proportion of job offers accepted versus those extended provides insight into the recruitment function's overall effectiveness.
Conclusion
- Recruitment is a critical function in Human Resource Management, affecting organizational success through effective talent acquisition processes.
- Understanding the diverse methods and key challenges in recruitment can empower organizations to refine their strategies for attracting the right candidates.