Prepare an analysis of the most important factors regarding external recruiting within the modern workplace. Evaluate at least five external methods for attracting external candidates available to an organization; and assess their advantages and disadvantages. Then analyze the future challenges of the five methods, including their implications for HRM and the organization.

Prepare an analysis of the most important factors regarding external recruiting within the modern workplace. Evaluate at least five external methods for attracting external candidates available to an organization; and assess their advantages and disadvantages. Then analyze the future challenges of the five methods, including their implications for HRM and the organization.

 

 

Answer:

The hiring process of any organization is effected by various factors broadly classified majorly into Internal and External Factors. Apart from the internal factors like nature of work, size of the organization ect, external factors also play an important role in influencing the decision of the recruitment. These factors are listed below:

1. Demographic factors – These include things like age, sex, literacy , economic background etc. As all these factors bear an important value to the employees , these also affect the hiring decision of the employer.

2. Labor Market – The demand and supply of the labor market also influences the decision of the employer while hiring an individual.

3.Unemployment Scenario – In case of High unemployment, there are many applicant s for the same position. This makes the recruitment process effective as it can get the best employee out of the many options. The reverse also holds,when there are no choices, employment process becomes difficult too.

4. Laws and regualtions – Laws regarding the working hours, labor laws , child labor also have an important effect on the hiring process of the organization. For example, the hiring may prefer a man than to a married one who will go out on long maternity break in the near future and will be on leave for 26 weeks as per the law.

5. Legal Consideration – Other legal terms like hiring a specific number from certain lot of people will also have an effect on the hiring of the organization.

Sources of External Recruitment

The below are the sources of the external recruitment.

1.Employment Exchange – It is one of the major sources of getting in to contact of the potential employees. The exchange gives us the information about the eligible job seeker that fits into the vacancy

2.Emplyment Agencies – these are the privately owned agencies that again help the job seeker get the right job. They contact he employer to know the vacancy and then find the suitable match for the postion. They act like a bridge between the job seeker and the job.

3. Advertising – This is one of the most common way to hiring external candidates. The advertsiign is done for the open positions to find out the applicants easily for the concerned position.

4.Campus recruitment – This is done to get the fresh talent out of the campus and get the best of the lot. This is beneficial for both the student as well as the employer. Student gets a job straight out of the campus, and the employer can get the deserving candidate at much less package.

5.Professional Associations – Recruitment of professional and technical postion is made through Professional associatins which provide placement services to its members.

6. Poaching – In this method, the employees of the rival companies are offered the better terms of working and given incentives to join their organization.

Advantages of External Sources

1. It is an open process and thus has wide reach to a large number of applicants.

2. There is a better chance to get the best and talented candidates out of the many options. It is likeinducing new blood in the organization.

3. The organization gets to have many options for the same position, therefore they can choose the best of the available options.

4.It also increases healthy competition as the new employees are expected to be more diligent towards their duties. Therefore it increases the competition in the organization in a healthy manner.

Disadvantages of External Recruiting

1. It is time consuming and comes out to be expensive than the internal sources.

2. There is always a change that the new employees may not fit into the existing work culture and this will effect the productivity

3. This also proves to be discouraging to the existing employees as it hinders their chances promotion.

Future Challenges to the Organisation

1.Employment Exchange –The services of the employment exchange are time consuming and this may hinder the speed of the hiring process as many time the hiring has to be immediate and it is not feasible to wait for a long time to get the opening filled.

2.Emplyment Agencies – The fees charged by these agencies is becoming high in the recent times. This may deter the organisations to avoid their use in hiring the employees from them.

3. Advertising – This is one of the most expensive way to hiring the employee. Any electronic or print media is way expensive than hiring directly. Therefore it is always the last option for the oragnisation to go for. Therefore this might ni be successful everytime in the future

4.Campus recruitment – In future, it will be difficult to maintain the advantage of low package even in the campus recruitment as rivals also have an eye for the deserving candidates and therefire they have to shell out more money to keep them.

5.Professional Associations – This also requires time and effort and therefore may not be much successful in future.

6. Poaching – This method of hiring has its own risk of damaging the reputation . Thus it wil be going to get difficult to get employees through this method.

In nutshell, it depends on the type of the employees that the organisation want and the time and effort they are willing to apply on the process, that decides which method will be followed.

Asked on February 14, 2018 in economics.
Add Comment
0 Answer(s)
  • Votes
  • Oldest

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.