What are placement consultancies?
Consider it like a network that connects the jobs and job seeker, or consider it like a bank, where companies deposit their vacancies and withdraw suitable candidates. It is a database of jobs available and available candidates for those jobs. Placement consultancies help both the companies and job-seekers. In a competitive job market like India, you will find placement consultants in all big cities of the country.
How does it work?
They create a database of candidates, from colleges and online resume collection and seggregate those resumes in categories of qualifications. Resumes of engineers, and management trainees and teachers etc. are organised accordingly and depending what a company is looking for that category of resumes is made accessible to the company. Similarly, they maintain a database of available jobs and when a job seeker approaches them they assist them apply for their suitable job. Placement consultants also work with colleges and institutions of India and connect them with companies for the placement season of the graduating students. IT companies in India are known for hiring students during their placement drives, and placement consultancies bring the two together. Bulk-Hirings in India is another popular concept which is assisted by placement consultancies.
What’s in it for the companies?
Ease, for many job vacancies there is no-need for an intense process of scrutiny of the candidates and just a basic set of qualifications is stated for those roles. It is not effective for the companies to invest time in finding the candidates and this is when placement consultants provide them with an organised database of suitable candidates. These placement consultancies also develop policies and payroll documents based on companies budget and requirements, so the HR of the company has to only make the final selections after these shotlistings and a lot of time and effort is saved for the company.
What’s in it for the job-seekers?
They get to choose. When a job-seeker approaches a placement consultant they are presented with options of companies and options of jobs available. Placement consultants work with big companies, medium sized companies and also for small start-ups these days, There is the choice factor for the candidates in terms of exposure. They also have a network developed with the HR of companies and you reaching out to them, increases your chances of getting noticed. They sometimes also have interview training sessions that you can benefit from. We at Shrofile are constantly updating on our content for helping you in the interview-preparations.
We also give you a digital platform to practice your virtual interviews, given the popularity of virtual-interviews these days, we recommend you checking it out. We also help you record your virtual-interview practice videos for you to have a better understanding of what you need to improve. We back up our virtual-interview preparations with AI’s that gives you an ellaborate feedback about what you did wonderfully and what you need to improve. Read more about it on our services page.
So, it is an organized market-place where some shop for jobs and other’s shop for the right candidate. The metaphors used to explain placement consultancies are to remain reserved, just like Shrofile reserves your candidature for finding you the best suitable job. We look forward to helping you through you interviews/ career and finding the right candidates.
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