What is the Significance of Effective Recruitment?
Mariam Peyton is a professional Financial Analyst. She holds a Masters degree in Economics. She specialises in financial analysis and forecasting. Her expertise includes studying the financial performance of companies, markets and entire industries looking for trends, insights and information that can help you glean rich insights for use in academic and market research.
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In the contemporary world, there is an increased hunt for new recruitment strategies that are resulting from the changing business framework and substantial talent hunt. Given what has been said, the significance of Human Resources in any organization has greatly diversified. The recruitment process has a substantial impact on Return on Investment (ROI) and as a result, organizations have placed much emphasis on effective recruitment. Briefly, effective recruitment results in a developed and committed workforce that match the necessitated requirements to create a competitive advantage and organizational growth. This essay provides for the significance of effective recruitment and answers questions like; what is effective recruitment? What is the importance of recruitment? Why efficient recruitment is so important? among others.
Recruitment and selection is the process of procuring human resources into organizations. It can also be defined as the art of determining and obtaining potential employees for a vacant position in an organization. Recruitment and selection processes are the procedures taken into account by an organization to find suitable applicants to occupy a vacant position.
Recruitment refers to searching for and attaining potential job applicants in large numbers and quality, where the organization takes the honor of selecting the most suitable applicant to fill the vacant position. This process looks easy, but it takes a lot of skill and time to choose the right talent at the right place and time. This process is very significant to Human Resource Management. The recruitment process is key to any organization as it is a medium for attaining potential employees who will contribute significantly towards the company’s growth and development.
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What is the significance of effective recruitment? A Case Study
Key Learning Outcomes
By the end of the case, students should be able to:
- Understand the concepts of effective recruitment and selection, their significance to various organizations, and how they help them attain their goals and objectives.
- Understand how effective recruitment activities such as creating a job description, advertising the job, and conducting interviews, attraction among others are applicable to companies and how they aid in achieving the set goals and objectives.
- Learn how to apply the concepts of effective recruitment and selection to real-life organizations
1.0 INTRODUCTION
Compton et al. 2009, p.15 define recruitment as the procedure of locating and encouraging possible applicants to apply for positions in existing or anticipated jobs.
Kleyhans et al (2007, p.81) define the recruitment process as the process of searching for and gathering new employees. The recruitment process includes enticing individuals on a daily, in large numbers, and with accurate recommendations, and inspiring them to apply for specific jobs in the organization. This essay provides for the significance of effective recruitment and answers questions like; what is effective recruitment? What is the importance of recruitment? Why efficient recruitment is so important? among others.
Recruitment is when an individual is brought into an organization, the process begins with a decision to recruit individuals and it proceeds to choose who qualifies to be part of the organization. During the recruitment process, potential employees are selected which helps the managers of the organization in making the right choice of individuals for the organization. The purpose of the recruitment process is to accelerate and make easier the selection process.
Why efficient recruitment is so important? Effective recruitment attracts potential applicants to the organization and increases the chances of retaining them. It also improves an organization’s productivity, reduces labor costs, and helps the organization stay competitive in the market.
An effective recruitment process necessitates a number of policies and activities such as; a distinct recruitment policy, a well-defined organizational structure, clear procedures on how to locate human resources, appropriate methods and techniques for utilizing human resources, and persistent evaluation and subsequent enhancements. Usually, every organization has its own recruitment policy which may change from year to year depending on the changing business environments and circumstances.
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