HRM3
HRM3
RECRUITMENT
Meaning: - After determination of human resources requirement for the enterprise the
process of recruitment is the first step in the process of filling a vacancy. It is that process
which enables the management of the enterprise to select and employ required employees
for varied types of job.
DEFINTION:-
“Recruitment is the process of searching the candidates for employment and
stimulating them to apply for jobs in the organisation.”
SOURCES/METHODS OF RECRUITMENT
Sources/Methods
1. Interned sources mean recruitment process with and promotions In the enterprise. It can
be in the form of Transfer and promotions.
A) Transfer: - Refers to shifting an employee from one job to another job without any
change in position post, status and responsibilities, the need for transfer is felt to
provide employees a broader base which is considered for promotions.
B) Promotion: - promotion implies shifting of an employee form his present job to the
higher position having higher status, pay and responsibilities.
C) Employee Referral: - This is one of the internal sources where the employees
referred their own family and friend members as the potential employee of the
organisation. This is beneficial for the organisation as the potential employee is
known to the existing employees.
D) Former Employee: - The vacancies can be filled with the former employee. Some
employees who has been retired and left the organisation may be interested to
serve again The advantage of this source is the performance of the employee has
already been evaluated.
E) Previous Applicants:-This is a type of internal source of recruitment. Some of the
applications of the potential candidates lying in the organisation .This type of
recruitment is applicable for unskilled and semi-skilled employees.
2)External Source:- If the requirement is not fulfilled from the internal source the
organisation has to depend on some external source .These sources are outside agencies
who provide applicants for the requirement of the enterprise .
FACTORS OF RECRUITMENT
I. INTERNAL FACTOR
A) Employers Brand
B) Company’s pay package.
C) Quality of work life.
D) Organisational culture.
E) Carer planning.
F) Growth rate of the company.
G) Role of trade unions.
H) Goodwill of the company.
I) Cost of Recruitment.
J) Company’s name and fame