Latest Trends and Major HR Challenges in Recruitment The following trends are being seen in recruitment: OUTSOURCI !

The outsourcing firms help the organization by the initial screening of the candidates according to the needs of the organization and creating a suitable pool of talent for the final selection by the organization. Outsourcing firms develop their human resource pool by employing people for them and make available personnel to various companies as per their needs. In turn, the outsourcing firms or the intermediaries charge the organizations for their services. "d#antages of outsourcing are: Company need not plan for human resources much in advance. Value creation, operational flexibility and competitive advantage Turning the management s focus to strategic level processes of !"# Company is free from salary negotiations, $eeding the unsuitable resumes%candidates. Company can save a lot of its resources and time $O"CHI !%R"I&I ! '(u)ing talent* &rather than developing it' is the latest mantra being follo$ed by the organizations today. (oaching means employing a competent and experienced person already $orking $ith another reputed company in the same or different industry) the organization might be a competitor in the industry. * company can attract talent from another firm by offering attractive pay packages and other terms and conditions, better than the current employer of the candidate. +ut it is seen as an unethical practice and not openly talked about. Indian soft$are and the retail sector are the sectors facing the most severe brunt of poaching today. It has become a challenge for human resource managers to face and tackle poaching, as it $eakens the competitive strength of the firm. +, Recruitment #any big organizations use Internet as a source of recruitment. ,- recruitment is the use of technology to assist the recruitment process. They advertise .ob vacancies through $orld$ide $eb. The .ob seekers send their applications or curriculum vitae i.e. CV through e mail using the Internet. *lternatively .ob seekers place their CV/s in $orld$ide $eb, $hich can be dra$n by prospective employees depending upon their re0uirements. "d#antages of +,Recruitment are: 1' 2o$ cost. 3' 4o intermediaries 5' "eduction in time for recruitment. 6' "ecruitment of right type of people. 7' ,fficiency of recruitment process.

HR CH"LL+ !+S I R+CRUITM+ T:

The !" professionals 8 handling the recruitment function of the organization- are constantly facing ne$ challenges. The biggest challenge for such professionals is to source or recruit the best people or potential candidate for the organization. In the last fe$ years, the .ob market has undergone some fundamental changes in terms of technologies, sources of recruitment, competition in the market etc. In an already saturated .ob market, $here the practices like poaching and raiding are gaining momentum, !" professionals are constantly facing ne$ challenges in one of their most important function- recruitment. They have to face and con0uer various challenges to find the best candidates for their organizations. The major challenges faced b) the HR in recruitment are: "da-tabilit) to globali.ation 8 The !" professionals are expected and re0uired to keep in tune $ith the changing times, i.e. the changes taking place across the globe. !" should maintain the timeliness of the process Lac/ of moti#ation 8 "ecruitment is considered to be a thankless .ob. ,ven if the organization is achieving results, !" department or professionals are not thanked for recruiting the right employees and performers. $rocess anal)sis 8 The immediacy and speed of the recruitment process are the main concerns of the !" in recruitment. The process should be flexible, adaptive and responsive to the immediate re0uirements. The recruitment process should also be cost effective. Strategic -rioriti.ation 8 The emerging ne$ systems are both an opportunity as $ell as a challenge for the !" professionals. Therefore, revie$ing staffing needs and prioritizing the tasks to meet the changes in the market has become a challenge for the recruitment professionals. "ttracting highl) talented ones - The number of highly talented professionals is less. *ll the big #4C s are trying to attract these people $ith high salaries, perks, incentives etc. There is a tough competition among these companies to get these candidates on their roles. These days, its not .ust salaries $hich $ill pull the candidate in but various factors like brand0 culture0 location 0job securit)0 re-utation of the com-an) etc play a ma.or role in recruiting a talented professional.