Everything You Need To Know About Recruitment

HR Manager

Welcome to Shrofile Technology Pvt. Ltd. Here you can find a wealth of information about vacancies, hiring, and job descriptions.

Let me introduce myself… We are Recruitment and Employment Specialists and have been in it for 8 years so we know what we are talking about.

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What Is Recruitment?

Recruitment is the process of finding and hiring candidates for a job opening. It typically involves advertising job openings, reviewing resumes and applications, conducting interviews, and assessing candidates’ qualifications and skills to determine their suitability for the position. The goal of recruitment is to find the best candidate for the job, who will be a good fit for the organization and the team they will be working with.

Recruitment For Employees

Recruitment for employees refers to the process of finding and hiring new employees to fill job openings within a company. This process usually begins with identifying the need for new employees and creating job descriptions that outline the qualifications and responsibilities required for the position. Once the job descriptions are created, the company will advertise the job openings through various channels such as job boards, social media, or recruitment agencies.

After the applications are received, the company will review resumes and cover letters to shortlist the most qualified candidates for the position. The shortlisted candidates will then be invited for interviews, either in-person or virtual, to assess their qualifications and skills further. After the interview process is completed, the company will select the best candidate for the position and make a job offer.

The recruitment process is an essential part of an organization as it ensures that the company is staffed with the right people who have the skills and qualifications needed to meet the company’s objectives.

Recruitment For Employers

Recruitment for employers refers to the process of finding and hiring new employees to fill job openings within a company. As an employer, the recruitment process can involve several steps to ensure that the most qualified candidates are selected for the job.

These steps typically include:

Job analysis and creation of job descriptions: This step involves identifying the need for new employees and creating detailed job descriptions that outline the qualifications and responsibilities required for the position.
Advertising job openings: Employers will advertise job openings through various channels such as job boards, social media, recruitment agencies, or their own company website.
Screening resumes and applications: Employers will review resumes and applications to shortlist the most qualified candidates for the position.
Conducting interviews: Shortlisted candidates will be invited for interviews, either in-person or virtual, to assess their qualifications and skills further.
Selecting the best candidate: After the interview process is completed, the employer will select the best candidate for the position and make a job offer.
Onboarding: Once the employee accepts the job offer, the employer will provide training and information to the new employee on their role and company culture, policies and procedures, and other relevant information to ensure a smooth transition into their new role.

What Are The Stages Of Recruitment?

The stages of recruitment typically include:

Planning: This is the initial stage of recruitment where an organization identifies the need for new employees, creates job descriptions, and determines the recruitment strategy.
Sourcing: This stage involves advertising job openings and attracting candidates through various channels such as job boards, social media, and recruitment agencies.
Screening: In this stage, the organization reviews resumes and applications to shortlist the most qualified candidates for the position.
Selection: This stage involves conducting interviews, either in-person or virtual, to assess the qualifications and skills of the shortlisted candidates. The organization may also conduct background checks and reference checks at this stage.
Hiring: After completing the selection process, the organization will select the best candidate for the position and make a job offer.
Onboarding: Once the employee accepts the job offer, the organization will provide training and information to the new employee on their role and company culture, policies, procedures, and other relevant information to ensure a smooth transition into their new role.

Note that some organizations might have different stages or different names for the stages, but overall the process is similar and the goal is to find the best candidate for the job.

How do Recruitment Agencies Make Money?

Recruitment agencies make money by charging a fee to the employer for finding and placing candidates in job openings. There are a few different ways that recruitment agencies charge for their services, including:

Contingency fee: This is the most common way that recruitment agencies charge for their services. In this model, the agency only receives payment if they successfully place a candidate in a job. The fee is typically a percentage of the candidate’s first-year salary and can range from 10-30%.
Retainer fee: In this model, the employer pays the agency a set fee upfront to work on filling a specific job opening. The fee is typically a percentage of the candidate’s first-year salary but is paid regardless of whether the agency is successful in placing a candidate.
Exclusive agreement: In this model, the employer pays the agency a higher fee for an exclusive agreement to fill the job opening. The agency is the only one allowed to present candidates for the position, and the employer commits to only using that agency to fill the position.
Project-based fee: This is when the employer hires the agency to work on a specific project, such as a mass recruitment campaign, the agency charge a flat fee for their services.

Some recruitment agencies also charge additional fees for services such as background checks, and reference checks, or provide additional recruitment services such as salary benchmarking or market research.

Overall, recruitment agencies make money by charging a fee to employers for the service of finding, screening, and placing candidates in job openings.

Is Recruitment A Good Career?

Recruitment can be a good career for people who are interested in the hiring process and enjoy working with people. Some of the benefits of a career in recruitment include:

Variety: Recruitment offers a wide range of opportunities, from entry-level positions to management roles, and can be done in different sectors and industries.
Flexibility: Recruitment can be done on a full-time or part-time basis, and there are opportunities for remote and virtual working.
Interacting with people: Recruitment is a people-oriented field, and people who enjoy interacting with others and building relationships may find it a rewarding career.
Sense of achievement: Helping people find employment and match the right candidate to the right job can be a very satisfying experience.
Earning potential: Recruitment can be a lucrative career, with many recruiters earning high commission-based salaries.

However, it’s worth noting that recruitment can be challenging and fast-paced, and it can also be stressful at times, such as when trying to fill a difficult or high-volume of the job opening. Additionally, the industry is becoming more competitive and it’s important to be adaptable and tech-savvy in order to stay ahead.

It’s also worth noting that recruitment agencies can have different cultures and work environments, so it’s important to do your research and find one that aligns with your work style and values.

If you are a senior executive looking for a new role, register with us. If you are an employer looking to hire into your leadership team, contact us.