Why optimal recruitment and selection is important?

 

Why optimal recruitment and selection is important?




Here are four reasons why an optimal recruitment and selection process is key to an organization’s success

 

1. Allows you to attract the best talent

An effective recruitment process connects you with top candidates. This is particularly important when you remember that around 70% of the workforce is made up of passive candidates, who probably wouldn’t come across your job openings without active engagement from your recruitment team.

2. Reduces turnover and absenteeism

When it’s done right, a strong recruitment and selection process can improve employee engagement, reduce absenteeism, and even increase retention. After all, when you find the right person for a role, there’s a much better chance that they’ll perform to the best of their ability and stick around for the long term (especially if you have great employee induction practices in place).

3. Saves your organization money

Leaving a role sitting empty for too long can be a big drain on a company’s finances. But according to a 2017 Harris Poll, the average cost of a bad hire is almost £15,000. This means that both recruitment (which allows companies to find candidates for each open position) and selection (which ensures they choose the right candidate) help companies save money in the long run.

4. Creates a level playing field

By formalizing the recruitment and selection process, you can ensure that it doesn’t leave room for unconscious bias on the part of hiring managers. This gives everyone with the right skills and experience the same opportunity to land a role, regardless of their background.





References:

1          Personio.com (online)Accessed on 10th  April 2024.
             https://www.personio.com/hr-lexicon/recruitment-and-selection

2          Testlify (online)Accessed on 10th  April 2024.
             https://testlify.com/top-recruitment-technology-trends

3          Linked in (online)Accessed on 11th April 2024.
             https://www.linkedin.com/pulse/recruitment-selection-strategies-modern-workforce

4          Nikita Palkar(2020-online) recruitment and selection process.(online)Available from
https://www.slideshare.net/niks_pinks/recruitment-selection-process-practiced-by-a-multinational-organisation-a-case-study-on-tcs. Accessed on 12th April 2024.

Comments

  1. Binari UpanandaApril 16, 2024 at 10:45 PM

    Dear Nadee, your explanation on the importance of the recruitment process is very clear. But, actually hiring mismatch makes a big burdens to companies. I think that every company should have strict policy on recruitment . Don't you think that there should be a follow up process to confirm that their recruitment procedures are effective?

    ReplyDelete
  2. Nadee GunarathnaApril 16, 2024 at 11:37 PM

    Dear Ms Binari
    Thanks for your comment Ms Binari..Yes, I agree that there should be a follow-up process to confirm that recruitment procedures are effective. A structured follow-up process is essential for evaluating the outcomes of the recruitment process and making continuous improvements.
    Overall, a follow-up process provides valuable insights that can lead to more effective and efficient recruitment practices, ultimately benefiting the organization and its workforce.

    ReplyDelete
  3. Devmini AmarasingheApril 17, 2024 at 9:49 AM

    Daer Nadee,
    It's impressive how you've highlighted the benefits of a strong process. How do you think companies can further improve their recruitment strategies to attract top talent?

    ReplyDelete

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