Hiring Tips from Amazon Head Honcho, Billionaire Jeff Bezos

Well, you and I know him and the world knows him as the richest man in the world. Ah! it’s Jeff Bezos, CEO of Amazon and the wealthiest person alive as per the recent list of Forbes.  While, the self-made billionaire, Bezos is the torch bearer of the giant organization Amazon, it’s his team that is working behind the scenes to keep the business going great guns. For those who aren’t aware about Jeff Bezos much, here’s some information about him. Jeff Bezos was doing a job at Wall Street before he quit in 1993 to establish a startup called Amazon that was primarily into selling books online, almost two and a half decades back. 

Considering the tremendous growth this company managed to achieve, you would certainly be keen to explore the hiring strategy of Bezos, all because undoubtedly an organization is driven by its people as much but its leader. Here’s a sneak peek in Bezos ways of hiring at Amazon - 

Efficient Hiring process not Necessary – As per Bezos, only the best be hired no matter how much it takes. He says he’d better screen out 50 candidates and not hire a single one, if not found best suit. It’s more the vision because on a long term that employee would not be much of a help to the company and the company would end up at square one again. In short, a bad decision in hiring can cost a lot more to the company than the cost of a hiring procedure.

Raise the Bar with every Hire – When Amazon was a Startup, Jeff used to take candidates through tough interview rounds. Eventually it expanded and now it’s the hiring managers who conduct the interviews. Yet, the modus operandi is based on Jeff’s vision around hiring people of the kind who made Amazon what it is today.

He only asks them three questions.

Will you be able to admire the candidate?
The idea is simple, hire the best and leave the rest. If you truly admire the skills, take him/her in.

Will this candidate be capable enough to raise the bar of the organizations level of effectiveness?
Amazons philosophy for hiring is, build to last. Bezos wants his hiring managers to hire people who are capable of working in teams and enhancing each other’s performances.

In what dimension might the candidate show a superstar performance?
As per Bezos, the best candidates should take positions that can bring the best out of them for the betterment of the organization. There are candidates that apply for a certain role but are more  or rather best suitable for some other position. Well, the hiring managers need to have that acumen. 

Hiring is not one man’s Decision – As per an ex-employee, Bezos believed that hiring was not only a team effort but a team decision as well. Hence, multiple people conducted the interviews and then met up for discussion and finalization of the same. Each one had to vote as well. Even if one of the team members said no, it meant rejection of that candidate and search for a new one.

Well, it’s commendable that Amazon stayed afloat, managing to survive the influx of dotcoms in the early 2000s and grow into a mammoth brand that it is today and yes, its people are major stake holders of the golden harvest its reaping today.

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Top 5 Trends Doing Rounds in the HR Ecosystem

With the changing times, even the HR, a dynamic function in an organization is changing. This is noticeable from the way candidates are hired, trained, rewarded and retained. Here are the top five trends in HR that are fundamentally changing the relationship between the employee and the employer.

Machine advantage – With the advent of advanced technologies, even organizations are doing away with excessive paperwork, stacking, storage work and empowering their employees with new gadgets and tools that help them deliver at speed. Customization has helped better functioning of the HR and one example is now the HR is equipped with an app that asks every individual about even their mood on a particular day. This is how personalized it’s getting with technology.

Going flexible  - Organizations are getting more and more flexible with respect to salary adjustments and structure, workplace flexibility in terms of work from home facility as well as an appraisal.  For example if an employee wants to increase the home rent and adjust the same to some other expense, HR does offer flexibility on the same.  Numerous companies also offer flexible work timings due to the issues with respect to traffic, distance, congestion and more.

People Power – Earlier, employers were having a protective approach towards employees but times are changing and employers are allowing their employees to be their own bosses in a way. Today, employees are given the freedom to decide on how much they can deliver in the given period of time and are eligible for two or even three promotions in a year’s course based on the performance.

Workforce Diversity and Inclusiveness – The best example of inclusiveness is that organizations are accepting female employees with a gap in work due to pregnancy and delivery, back again. Diversity is another major trend where organizations are encouraging a team that includes people from all over the country, castes as well as religion.

Well, we all know that relationship between an employer and employee is not always a cake walk. Even though, the aforementioned trends in HR are a pathway to help organizations attract, acquire and retain as well as inspire best of the talent pool available towards forming a win-win relationship.

How can Recruitment Process Outsourcing Help Your Business Skyrocket?

The working population of India is over 8 million, so one can easily say that there is no scarcity of workforce by far.  On the flipside, abundance of resource makes sourcing for the right candidate  hassle of sorts. Additionally, research has shown that India today is changing at a fast pace. Catching up to the levels of economic growth is not easy because it has brought about a shortage of skills and talent that are in demand as well as that of need for data and technology. This shortage has compelled business organizations to focus on talent acquisition and work force planning strategies. The reason is simple, it is definitely going to get their business move northward through increased productivity, competitive differentiation, accountability, agility and flexibility as well as compliance advantages, to name a few. Hence, the need for recruitment process outsourcing.

Present day, numerous organizations are already turning to external service providers to meet their recruitment needs due to the immense benefits offered.

Recruitment Process Outsourcing (RPO)

A part of Business Process Outsourcing, recruitment process outsourcing is about transferring your recruitment activities, overall or in part to an external service provider. The service providers offering these services include services like posting jobs, sourcing talent, screening the right candidates, scheduling the interviews, making job offers and managing onboarding, besides services like research, recruitment as well as administrative technologies.  Here’s a scan through some of the major benefits you get if you outsource your recruitment processes.

• RPO providers are specialists in recruitment and using their services equals to reducing hiring costs.
• RPO providers are skilled at what they do and can get you the best suit for the position comparatively.
• They have an access to a mammoth database of talent, static and dynamic and have excellent data mining capabilities.
• Their solutions are tailored around your business needs and goals as RPO service providers have the right mix of tools required to meet your demands.
• You have direct accessibility to RPO experts, thought leaders besides market insights and this can help you source the best from the pool.
• RPO service providers source talent from where they reside, work or socialize with the help of market intelligence.
• RPO takes over your recruitment processes thus helping you save time and focus on other priorities.

Many of the outsourcing service providers have state of the art sourcing centers and provide pricing packages that suit your requirements.  To rise above the clutter these external service providers are offering holistic solutions that include the usage of various different recruitment tools and advanced analytics as well as keen attention to the Applicant tracking system and more.

Well, Hiring the best talent required is need of the hour for helping businesses flourish and therefore organizations need to look into their acquisition area. Besides, they need to incorporate total talent strategies by collaborating with external service providers that offer total talent solutions.

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3 most valuable contributions of Recruitment Process Outsourcing

An RPO or Recruitment Process Outsourcing Provider is a third party resource which handles all the HR activities for the company. Smart or dumb, Recruitment Process Outsourcing is the call of the day.

Now-a-days companies rely on third party service providers who expertise in Recruitment Process Outsourcing. The internal hiring, training, selection process as well as the induction formalities are all handled by the RPO agency. To derive maximum benefits of such a strategy it is essential to understand the nuances of the game.

The various culminating factors are-

• ·         Increase in productivity issues
• ·         More saving in time and money
• ·         Narrowing the gap between the contractor and the company

Productive task force is the primary benefit of the RPO. As more and more RPOs come into existence, we can safely come up with a more target-oriented workforce. Time cuts are another benchmark when it comes to using RPOs for hiring of new recruits. Also cost cuts can be brought about because there will not be any need to assign newer jobs to present employees. So RPO helps to propel the business forward.

The service provider and the outsourcing company can be expected to bridge the gap between them so as to maximize the profit margins for both of them.

When it comes to Indian Recruitment consultancies, hype for RPO services are pretty high. Cities like Pune, Bangalore,. Noida and Gurgaon are leading, when it comes to providing RPO services. You can see many Services providers in Bangalore too. If you are looking for a best RPO consultant Bangalore, then you can find countless service providers by a simple Google search.

So to conclude, high quality workforce can be attained by the use of Recruitment Process Outsourcing.

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