Friday, 3 May 2013

Tips to hire the best people from the pool

Great organizations stand on the capabilities of employees. So the first tip to be successful for the companies is to find and hire the best people from the pool. Some of the tips that can help to recruit the talent are as follows:

1. Walk the talk: Newspaper and other print advertisements occupy just a little space in comparison to various other methods of talent-hunt that a company can follow. The fresh and untapped talent can be found on the campus of colleges and universities. Today’s youth are full of bright ideas that can be incorporated for the success of any company. They are self-motivated and go-getters. The human resource should focus on

Ø  Building relationships with the study centres (follow communication channels and prefer walk-in to the universities at times)
Ø  Attending the conferences conducted by the top-universities and colleges

Conferences and debates organised by the colleges provide a platform to the bright students to showcase their talent. It is also an opportunity for the companies to recognize their talent as well as their unconventional thought process and en-cash on it by recruiting such students.

2. Hire the trained employees: The first point as described above applies more on companies which have time and resources to train the fresh graduates. For rest of the companies, it is best to hire trained employees. The companies can find trained employees by:
Ø     Advertising the opening inside the organisation: Referral programs bring in more talented employees to the company. The existing employees are more in touch with people whom they consider best for certain profile. Referral programs act as an incentive to existing employees to refer their acquaintances for job in the company. Involving existing employees in recruitment process can win their trust too.

 3. Maintain record of employees who leave: Maintain the record of employees who leave the company for one or other reasons. Be updated on what they are associated with. These employees if talented can be recruited back by the company, if their records are properly maintained. Maintaining internal records help to save the cost to be incurred on other advertisement sources.

4. Create an atmosphere for growth and pay reasonable well: What attracts talented employees to certain companies is
      The atmosphere and opportunities conducive for growth
Ø       A reasonable pay for the job offer ( as per the market standards and competitors offer)

Cost of hiring is more than cost of retention. So the companies should focus not only on hiring the talent but also retaining the skilled employees.

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