Finding the talented workforce is the foundation of every organization’s success. However, many organizations experience challenges while recruiting like a high turnover rate, unqualified applicants, and a time-consuming hiring process.
When skilled and qualified candidates are off the market within 2 weeks, it is even more important to implement the right methods of recruitment and act fast to secure the best talent.
Do you feel like searching for a needle in a haystack every time you look for a new hire? Worry no more, check this blog. We will be disclosing the top ten methods of recruitment that you can employ to bring the best employees to your organization.
Job Boards
Job boards are a common yet efficient approach in the current recruitment market. Indeed, LinkedIn and Glassdoor are some of the common portals for job listing where organizations can post their vacancies along with their requirements to a large number of job seekers.
Some job sites are more specialized and focus on hiring specific positions – like for a tech startup (Dice), healthcare positions (my Health Talent), or creative positions (Behance).
Benefits:
- This method of recruitment enables the organization to attract and hire active candidates.
- You can filter the candidates according to their experience and skill set easily.
Tips:
- To increase the chance of your job posts being viewed, ensure you incorporate the right keywords.
- Make sure that you give a clear and concise job description when posting it to attract the right candidates.
Social Media Recruitment
Recruitment has not been the same since the introduction of social media platforms like LinkedIn, Twitter, Facebook, Instagram, etc. It allows the companies to directly communicate and share vacancies, elaborate their company culture and run advertisements for potential candidates.
Benefits:
- This method is perfect for targeting passive candidates who are not proactively on the lookout for employment.
- It helps build employer branding in the public.
Tips:
- Make use of LinkedIn to network for business and send personal messages directly.
- Use Instagram Stories or Facebook Ads to target freshers and younger audiences.
Online Advertising
Stand-out job advertisements through Google Ads and programmatic job adverts can help improve the job advertisement reach. These ads follow job seekers based on their interest, browsing history, and location, guaranteeing that they will see your openings.
Benefits:
- Online advertising methods of recruitment are highly targeted and measurable.
- It reaches both active and passive candidates.
Tips:
- Employ retargeting adverts to target visitors who have visited your website earlier.
- Pay close attention to click-through rates and applications, and adapt ad placements accordingly.
Recruitment Events
Some opportunities for direct contact with candidates include recruitment fairs, industry conventions and organizational recruitment exhibitions. It is an effective way to recruit, network and partner with business people.
Benefits:
- Face-to-face interactions through events or campaigns help assess soft skills.
- It promotes your brand to a wide audience and enhances your brand presence.
Tips:
- Organize events in colleges or industry associations to attract skilled candidates.
- Design an attractive booth with promotional materials and ongoing application procedures.
Employee Referrals
Your current employees are the best partners in your recruitment efforts. Through employee referrals, provide your employees with an option to recommend potential candidates from their network.
As per the research, referred candidates are 55% quicker to place than candidates from job boards, and are 70% less likely to turn over compared to non-referred candidates. This sheds light on how the use of existing employees as marketing channels for recruitment is crucial.
Benefits
- It reduces the hiring time and costs.
- It reduces the risks of wrong hiring since employees vouch for them.
Tips:
- Incentivize high performers with bonuses or rewards.
- Ensure that the referral process is easy and transparent.
Recruitment Agencies
Recruitment agencies focus on different sectors and their main purpose is to locate the most suitable candidates. They conduct interviews, screen candidates on behalf of companies and come up with shortlisted candidates to present to them.
As per a Harvard Business Review study, 80% of employee turnover is due to wrong hiring, and 45% of bad hires are due to the lack of recruitment process. Don’t be one among them! Outsource your hiring process to a recruitment agency like MNR Solutions to employ the right talents.
Benefits:
- Recruitment agencies reach a large number of candidates with specific sector knowledge.
- It is ideal for filling more specialized or higher-ranking jobs in an organization.
Tips:
- Employ the agency service that specializes in your area of business.
- Make sure to deliver your exact staffing requirements to avoid wrong hires.
Internships and Apprenticeships
The internship and apprenticeships are great ways to develop new talent and assess one’s fit for a long-term position. Companies providing paid internships offer practical experience to the candidates in addition to evaluating the most effective performers in the long run.
Benefits:
- Recruiting interns is an inexpensive strategy in terms of developing a talent pool.
- It helps candidates understand the organizational values and the company culture from the onset.
Tips:
- Partner with local learning institutions, colleges, universities and schools to provide an authorized internship.
- Create well-defined, organized courses with measurable goals to be completed by the candidates.
Rehiring Previous Employees
The practice of reemployment of past employees is called ‘boomerang employment’. The candidates who have already been with your team understand your organization’s culture easily and process effectively. It will not take a lot of onboarding processes and time.
Benefits:
- This recruitment method saves time on training and adaptation.
- Rehires usually come with fresh ideas and new exposure that they had with past companies.
Tips:
- Be in touch with the departing employees and retain their database in alumni networks.
- Considering the experience and growth, come up with attractive remuneration packages to revert ex-staffs.
Professional Networks
LinkedIn and other industry forums & associations are an excellent way of getting professional contacts with highly qualified personnel. Identified passive candidates by networking events such as trade shows, webinars, and online communities.
Benefits:
- It establishes long-term relationships with industry professionals.
- Useful for sourcing talents and job seekers in the specialized field for specific roles.
Tips:
- Join industry association membership and forums to create a market presence for your organization.
- Utilise LinkedIn to filter out talents out of millions for a particular skill.
Talent Pool Database
Keeping a talent pool database is vital in any functioning organization as the stored data helps in future openings. It involves keeping, storing and updating profiles of candidates who have applied but have not been hired for any position but could be a fit for any future position.
The average time recruiters and HR managers take to hire workers is 36 days, as SHRM reports. By keeping a strong database of potential candidates, this time-to-fill can be greatly minimized with easy and quick access to available talents.
Benefits:
- It reduces the time it takes to fill similar future positions.
- It stores qualified workers’s data from which they recruit.
Tips:
- Employ applicant tracking systems (ATS) to coordinate the applicant pool.
- Keep your database constantly active and be in touch with the candidates.
Summary
Recruitment is a multifaceted process and the best hiring approach depends on the organization’s needs, the trade and the target audience. Although sources such as job boards, social media networking, referrals and recruitment fairs have their strengths, it is important to analyze the above 10 methods of recruitment to hire top talents for your organization.
At MNR Solutions, we specialise in offering customized recruitment services to assist companies in creating an outstanding workforce. Our experts help you expand your team and fill specialized positions in your organisation. Contact us right now to revamp your recruitment process and find exceptional candidates who share your organisational goals.