Does Traditional Recruiting Methods really work?

Employers all over the world are facing a common overarching problem that is talent shortage and are not able to find an ideal solution for it. Most of the companies still are practising the age old traditional recruiting methods which have had helped them once upon a time to pick the right manpower for their vacant positions.

 

In today's competitive job market it would be very difficult for the companies to find the right manpower for various positions held if they stick to the traditional recruiting methods alone.

 

The amount of time, effort and cost involved when a company go through the process of selecting the right manpower who are, technically sound, skilled and at the same time reliable, are just enormous. In spite of spending so many resources in the recruitment processes the companies still end up making the wrong hiring decisions, resulting in substantial financial and productivity losses of the firm.

 

Another big mistake that companies make is focussing more on cost rather than on the process of selecting the right talent. Of course recruitment process involves huge cost whether the process is carried by the company itself or external agencies are involved in the process thus before taking a step further the company should develop a suitable framework to bring a solution to the multiple problems that arise during the process of hiring and managing staff. In order to achieve the best hiring results the company should first determine their purpose for hiring and find answers to the questions like: Are you properly utilizing the skills and talents of your current employees? Do you know what needs to be done right now? Can your business growth support a new talent? After finding proper answer to these questions the company can then proceed further with their recruitment process which would be far more effective and will ensure better utilization of resources like time, cost etc.

Another big question is: How to get the right manpower from the large pool available? Although there is no perfect answer to this question but the recruitment process can be a great help if it is designed in a proper manner. Thus the organisations should make innovative strategies to optimise the recruitment model which can be done by involving an expert team, redesigning the existing framework based on the parameters like current market dynamics, company's current position, budget, etc. and the result of primary research work conducted by the company on a regular basis.

 

The new model build should not only be helpful in attracting new talents but also it should be efficient enough in identifying the existing talent in the organisation, utilize the available workforce in a better way by providing them with new responsibilities based on their performance history, providing training from time to time, evaluating their performance and giving rewards based on the performance. It should ensure that the workforce whether existing or new should be able to grow with the organization, serve the organization in a better way and bring long term value to it.