Research Paper
on
Current recruitment strategies being adopted by MNC’s in India
Introduction
Recruitment is of the most crucial roles of the human resource professionals. The level of performance of and organization depends on the effectiveness of its recruitment function. Organizations have developed and follow recruitment strategies to hire the best talent for their organization and to utilize their resources optimally. A successful recruitment strategy should be well planned and practical to attract more and good talent to apply in the organization.
Abstract
Recruitment is defined as, “a process to discover the sources of manpower to meet the requirement of the staffing schedule and to employ effective measurement for attracting that manpower in adequate numbers to facilitate effective selection of an efficient workforce.” Edwin B. Flippo defined recruitment as “the process of searching for the prospective employees and stimulating them to apply for jobs in the organization.”
Objectives of Recruitment 1. to attract people with multi dimensional skills and experiences that suit the present and future organizational strategies; 2. to induct outsiders with a new perspective to lead the company; 3. to infuse fresh blood at all levels of the organization 4. to develop an organizational culture that attract competent people to the company 5. to search or headhunt/head poach people whose skills fit the companies values; 6. to devise methodologies for assessing physiological traits; 7. to seek out non conventional development grounds of talent; 8. to search for talent globally and not just within the company; 9. to design entry pay that competes on quality but not on quantum; 10. to anticipate and find people for position that does not exist yet.
Sources of Recruitment
The sources of recruitment are broadly divided into internal sources and external sources. Internal sources are the sources within an
References: • Chapter – 5, Essentials of Human Resource Management and Industrial Relations by P. Subba Rao. • Chapter – 4, Human Resource Management, Gary Dessler • http://www.dare.co.in/strategy/human-resources-recruitment/innovative-hiring-strategies.htm