The success of any organization is heavily dependent on its workforce. So, being an HR professional, it becomes your utmost priority to hunt the best talent. Hiring talented and enthusiastic professionals cannot just improve your business productivity, they can also enhance the positivity and energy in your office. But in today’s highly competitive environment, attracting the right talent is not a plain-sailing task in light of the fact that professionals have got many options to choose from. So, sometimes HR managers have to spend a lot of money on sourcing suitable candidates. Well, recruitment is a costly affair that eats up a major chunk of the operational cost. And, it is estimated that hiring budgets of the company will increase speedily in the coming years. No matter whatever be your demand for quality professionals, hiring has not to be an expensive affair, if you follow a strategic approach for the same. Here we have shared some tips for building a highly productive team without spending a big budget on recruitment. Take a look:
- Create an amazing career website
The career website of a company is the best medium to source talented professionals. As per a data, about sixty-four percent of job seekers consider career pages as a valuable resource during their job search. Companies can go a long way in creating a steady stream of new applications by creating a career page that gives an in-depth view of company’s work culture, USPs as an organization, recommendation from existing employees, along with job openings. Furthermore, if they integrate the career website with Application Tracking System, then it becomes easier to manage the selection process.
- Turn employees into recruiters
Your existing employees are the best sources of hiring. You may ask them to refer their friends. This will certainly increase your reach to potential candidates. However, if you realize that your existing staff demands bonus or incentives for this purpose, then you may try another idea. In that case, instead of having a formal employee referral program, you can directly approach the top performers in each department, and ask them to recommend some talented individuals for a particular opening. Most high-potential staff will love to propose their colleagues to join their company.
- Source from internal candidates
There are various important positions within an organization that need to be handled by a trusted employee. In that case, it’s best to look for candidates from within the organization. One way to find out talented employees for the vacant position is conducting open internal interviews. You can also extend an opportunity to a staff member who is working since long if his track record vouch for his good performance. Well, in this way you will certainly save on hiring. And, as the internal employee will demand less salary than an outsider, you will also save on operational cost.
- Recruit former employees
You can always consider rehiring employees who had left your company in the past for greener pastures. If the staff had developed a good impression of your organization while working there, then he/she can come back. However, in that case, make sure that you offer an attractive salary package. This simple idea will certainly go a long way in ensuring recruitment of proven talent, without being a spendthrift.
- Reach passive candidates by posting jobs on social media
Sometimes, suitable candidates escape the HR manager’s reach because they already have a job. Social recruiting can help you reach such candidates who are not looking for a new opportunity but may opt for a job change in the future. You can target such prospective candidates by sending home feeds that will encourage them to apply for the position. When it comes to social media recruitment, you need to have a strong strategy at hand and make sure that the contents that you post will create a good impression on the individual’s mind. Even if you are not filling any specific positions at the moment, connecting with talented people on social media can benefit your business and your hiring team later on.
With these tips in mind, you can certainly go a long way in cutting the cost of hiring. Apart from this, we suggest you adopt the latest recruitment software as they will simply the entire task and improve the chances of hiring the right people. We the team of human-telligence has a dedicated team of technical experts that have already helped hundreds of companies across the world to enhance their recruitment process and accomplishing challenging hiring.