RECRUITMENT ANALYSIS - QUANTIFYING RECRUITMENT

Human Resources and Skill Development
  • Arundhathi Baburaj
  • 04-11-2019
RECRUITMENT ANALYSIS - QUANTIFYING RECRUITMENT

RECRUITMENT ANALYSIS is a tool and a key HR process to generate significant improvement in the recruitment process under a tight control of the responsible HR employees on a regular basis.

The need for a recruitment analysis:

  • To check the signs for:
    • worsening of the process
    • bringing about additional changes
  • Cost reduction

Outcomes of a recruitment analysis

  • Digitization of processes
  • Making improvements
  • Bridging gaps
  • Time for new ways
  • Optimization of process

Key aspects / things to be considered in a recruitment analysis

  • Internal and external focus; for e.g.:
    • Efficiency of the recruitment process
    • —External environment changes affecting the recruitment process
  • Identify critical steps in recruitment process
    • —(number of job resumes, number of candidates from different, recruitment sources, requested total cash per position etc.)

A BROAD WAY CLASSIFICATION

BROADWAY CLASSIFICATION

C

COST BENEFIT ANALYSIS

COST BENEFIT ANALYSIS

Time period for cost benefit analysis

For recruitment:   from the period of initial decision to the recruitment

For Selection:     Further towards retaining and   obtaining the optimal performance   level

Yield Ratio

Can help you figure out the proportion of successful candidates resulting from a specific recruiting source that make it to the next stage of the interview

An example (yield ratio)

[caption id="attachment_31" align="alignnone" width="300"]y College recruiting provides the best yield ratio[/caption]

THE FOLLOWING ARE THE KEY PERFORMANCE INDICATORS FOR THE RECRUITMENT PROCESS

KPIs for recruitment measurement (pic 1 - 7) Picture2 Picture3 Picture4 Picture5 Picture6 Picture7

FEEDBACK MEASURES

  • Feedback from internal customer: Training, Operations, other internal departments.
  • Feedback from employees: was the job profile correct? What is their job satisfaction?
  • Feedback from external customer: what was their experience regarding service and delivery?

The Recruitment Analysis Council (RAC)

  • A focal body established under Section 8 of Companies Act 2014
  • To curb unemployment in India.
  • Pure focus on Human Resource & Development Studies in India.
  • Act as consortium for the Government/Private Organizations and Educational Institutions to interact with the Society and enhance the Recruitment Policies according to the time and situation.

RAC logo

National Recruitment Plan (NRP) –2016

Held at SRM University, Chennai on 31st July and 01st August, 2015.

Mission:

—To connect the needies with the Industries & International Recruitment Advisory Bodies to have better understanding of best recruitment opportunities in order to produce the quality and employable youth in India.

Agenda:

—Versatile speakers from various sectors from Corporates, PSU’s and Government who will deliver their Plan of Action of their recruitment procedures & industrial requirements for upcoming years

—Discuss about the common agenda to produce skilled work force in India.

FINAL WORD

 It is all about how far the measures are aligned to the business goals / strategic goals