Recruitment

We are talking here HRM and process of HRM. We talked about Workforce planning in our previous post. As a part of Processes of HRM, today we are going to talk about Recruitment.

Recruitment refers to the process of sourcing, screening, and selecting people for a job or vacancy within an organization. Though individuals can undertake individual components of the recruitment process, mid- and large-size organizations generally retain professional recruiters.

The recruitment industry:
The recruitment industry has four main types of agencies. Their recruiters aim to channel candidates into the hiring organisation’s application process. As a general rule, the agencies are paid by the companies, not the candidates. The industries practice of information asymmetry and recruiters' varying capabilities in assessing candidate quality produces the negative economic impacts described by The Market for Lemons.

The Recruitment Process
These are three main recruiting stages. Three main recruiting stages are as under.

• Sourcing--Sourcing involves 1) advertising and 2) recruiting research.
  
• Screening & selection
  
• Onboarding

ref: agents website design, insurance software, wikipedia

Business Practice -HRM

Human resources management comprises several processes. Together they are supposed to achieve the above mentioned goal. These processes can be performed in an HR department, but some tasks can also be outsourced or performed by line-managers or other departments.

• Workforce planning
  
• Recruitment (sometimes separated into attraction and selection)
  
• Induction and Orientation
  
• Skills management
  
• Training and development
  
• Personnel administration
  
• Compensation in wage or salary
  
• Time management
  
• Travel management (sometimes assigned to accounting rather than HRM)
  
• Payroll (sometimes assigned to accounting rather than HRM)
  
• Employee benefits administration
  
• Personnel cost planning
  
• Performance appraisal

we will talk on each of the above process of human resources management in coming posts.

ref: agentswebworld, insurance software, insurance crm, wikipedia