Holistic Approach - Ultimate Strategy to Acquire the Best Talent

The biggest challenge in the talent acquisition marketplace today is competition. Unemployment is at an all time low as the economy is heading northward steadily. Hence, acquiring the best talent requires a proactive approach. There’s also a dire need for brands and companies to focus on retaining talent besides acquiring skills and providing internal resources necessary for hiring top talent.

Well, here’s where many companies fumble. Rather than concentrating on the big picture or having a visionary and holistic approach, companies and brands do not mind sacrificing the brand and its effectiveness in their effort to save on time.  Let's look at few mistakes that brands make when they go talent hunting and how a holistic approach can be the ultimate strategy for acquiring the best talent.

Taking Shortcuts – Brands tend to take shortcuts like mass emailing or spamming to be specific.  To acquire around 10 candidates they mass mail 75 and ruin it all. Comparatively, an approach wherein they mail only 10 out of the 75 candidates personally can work wonders and get optimum output. 

No Upgradation – Many companies and brands are still using run of the mill methods of hiring and show a lot of resistance when it comes to upgrading to new technology or incorporating new strategies or new skills acquisition. Upgradation is a must to meet the hiring needs of today’s times amid competition.

Quantity over Quality – This is again a mistake that many brands, organizations or companies keep making. Concentrating on quality can help in a far better way and looking out for employees that are a culture fit through sources like referrals is a good idea.  Having said that, there is no denying that referrals aren’t always the best idea. For a profitability and culture shift you need to have a more proactive recruiter led or outbound approach. 

One Source Only– If you stick to only one source for all your hiring needs for example linked in, then you’ve already lost the battle. So, go all out and widen your source horizon to get optimum results. 

Over Complicating – Using the latest technology like the artificial intelligence or open web sourcing tools is always a great idea but becoming a slave of it entirely ain’t. Rather than over-complicating, try to make things simple. A little bit of automation is necessary to speed up the tedious tasks so that you can be more productive, is great. The fact always remains that technology is only the vehicle that you drive. Ultimately, whether the ride turns out to be bumpy or smooth irrespective of whether you’re driving a Maruti or a Mercedez, depends only on how the roads are and how you drive. 

Well, to get the most out of the sources you have, try increasing your network of people, join forums, communities to learn and upgrade yourself consistently and last but not the least hiring is all about candidate experience, so focus on that and sail through the hiring rapids with ease. 

Know more about Vhire4u

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.

Know more about Vhire4u

Services Offered by Recruitment Outsourcing Consultancy in Bangalore

When recruitment process outsourcing began, it was a very much niche and limited to hiring and the process.  Eventually, to match up with the competition in the market, many providers started adding services that served as differentiators. These days the clientele are looking not just for recruitment or hire but add-ons like application process personalization, candidate engagement and brand building as well, that too as a part of the package.

Furthermore, branding has become an integral part of the RPO delivery model and this is because its helps filter every aspect of the process of recruitment.  Let us look through services that the RPO service providers offer their clients – 

Recruitment Process Outsourcing – RPO involves a gamut of services clubbed into one right from job profiling, sourcing, screening, testing, interviewing, on boarding and orientation using data driven methodologies and technologies. It takes care of complete lifecycle of recruitment 

Temporary / Permanent Staffing/ Contract to Hire  -  The services include providing staffing solutions that vary from temporary, permanent as well as contract to hire where staffing is done through an umbrella employer company.

On site Recruitment Consulting – The service involves bulk recruitment at a particular location to meet urgent workforce requirement.

Outplacement Services – The service helps employees of companies that are looking to lay off its employees with job consultancy services. This service includes career advisory, counselling, training in current job search techniques, helping with resumes and cover letters, to name a few.

Branding and Sourcing Solutions -  This service involves creating positive influences in order to attract, hire and retain the best talent by establishing an emotional connect with them and thereby enhancing their productive capabilities. 

To meet the ever-increasing needs of clientele, even RPO’s are utilizing advanced recruitment technologies that help in brand awareness and engagement as well as digital tools that like video interviewing, mobile based job application facility, feedback and follow up features. Some recruitment agencies partner with their clients and involve brand specialists for highlighting and spreading their brand message across point of contacts of their candidates. 

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.