The Purpose and Importance of Recruitment
While analysing a company’s success, most of us look at the figures & financials of an organisation. However, we often turn a blind eye towards the aspect that reflects the company’s success, its employees. Thus, they are ignorant of the importance of recruitment.
The employees work hard to achieve organisational goals and the success of your business depends on your attitude and viewpoint towards recruiting. Companies that want to grow rapidly but steadily understand that they can only do so if they have the right mix of talent, which is why recruitment is vital.
How you hire individuals will determine if your recruit is an asset or a burden for the organisation. It is an expensive operation, therefore you must exercise extreme caution while dealing with recruiting since one incorrect move may leave your organisation with a huge loss to deal with. The COVID-19 pandemic has only made the process of hiring difficult since its primarily digital. However, if the recruit starts outperforming their predecessor, it is considered to be a great investment for the firm.
What is Recruiting?
Recruiting is the positive process of identifying, interviewing and hiring employees for jobs. When more people apply for a position, there will be more opportunities to hire the right candidate. This is also why diversity is important in the recruitment process.
On the other hand, job seekers are seeking organisations that might employ them. Recruitment is a linking activity that connects people who are employed and those who are looking for a job. In simple terms, recruiting is the process of identifying sources from which potential workers may be chosen. Higher productivity, better pay, good morale, lower labour turnover, and a better reputation are all benefits of a scientific recruitment process. It encourages people to apply for employment, which is a positive process.
Purpose and Importance of Recruitment
The purpose of the recruitment process is rather elaborate. From acquiring new talent to continuity of business activities, the importance of an effective recruitment process never ceases.
1. Determines the Present & Future Requirements
The recruitment process assists a company in evaluating its present and future staffing requirements. It conducts a methodical examination of company operations to determine the right number of recruits necessary.
2. Prevents Disruption of Business Activities
The process of recruitment ensures that the daily activities of your organisation are carried out seamlessly. It provides businesses with all necessary human resources regularly for various job positions. The recruitment process selects individuals from a variety of backgrounds to meet the organisation’s needs.
3. Increases Success Rate of Hiring
This approach is effective in stimulating the success percentage of the company’s selecting process. It analyzes all the job applications to minimise the frequency of unqualified and exaggerating candidates. Only qualified employee’s applications are advanced to the next stage of the recruitment process.
4. Expands Talent Pool
The goal of recruitment is to create a wide pool of qualified candidates from which one has to choose the most qualified individual for the job. This approach draws big groups of individuals and encourages them to apply for open opportunities in a company.
It focuses on minimizing total costs and time spent on finding suitable employees. Recruitment is a well-organized and methodical approach in which a large number of people are given a detailed description of a job opening. A good job description attracts a large number of people at a lower cost.
6. Improves the Credibility of the Organisation
A business organisation’s reputation is bolstered by a strong recruitment process. It assesses the validity of job openings and reflects the professionalism and authenticity of the company. The adoption of a good application method by a company organisation will aid in increasing the trust of job applicants. This, in turn, attracts the attention of highly qualified applicants for your company.
Recruiting is a basic idea at its core: it entails discovering applicants and hiring them to fill available positions. Effective recruiting, on the other hand, is a mix of art and science. On one hand, it necessitates the implementation of repeatable procedures that produce consistent outcomes. On the other hand, thinking outside the box to locate your perfect individual benefits your organisation in the long run because it makes sure that the onboarding process is seamless. Notwithstanding recruitment being an extremely important and formal process, it is imperative that we recognise the importance of personal skills in recruitment.
To reiterate, a lot of companies prefer to automate a majority of the process of recruitment. Thus, employing an ATS (Application Tracking System) which catalyses the process and delivers flawless results is beneficial.
SAP SuccessFactors Recruiting is an industry leader in ATS and comes with benefits like:
- Attract and engage better
- Select and hire the best
- Business-adaptive software
- Measure success
- Total visibility into the metrics you need to make sure you are targeting and selecting the right candidates.
To know more about how SAP SuccessFactors Recruiting is beneficial for your business, contact us today: