Any organization will need to add or replace employees at some point. Top honchos will have to decide where to generate applications when this happens. They can choose to hire internally, post a job ad, or hire the services of a recruitment agency.
Recruitment agencies work at attracting qualified individuals to apply for jobs. They have a pool of candidates they recommend based on specific client qualifications. But, not all their applicants will meet your standards or that of other organizations. So, they need a constant stream of skilled people they can endorse to their clientele.
If your organization needs new employees, you don’t have to immediately go to a recruitment agency. You must know about the different types of recruitment before making a decision. Learn more about them below.
As the name implies, internal recruitment takes place within the company. Internal sources of recruitment are always available to an organization.
There are three ways to source internal hires.
Internal employees are eligible for transfers. Say there’s a department hiring for a team lead position with a better compensation package. Employees from other departments could send in applications and go through interviews.
Companies usually promote employees via internal job postings. These positions can be open to all candidates within a specific department. Employee applicants must meet the necessary skills qualifications. They should also have tenure within the company.
Re-Employment of Ex-Employees
This is an internal recruitment tactic where former employees are invited and appointed to fill vacancies. There are also situations when an organization can hire ex-employees who provide unsolicited applications.
The Pros and Cons of Hiring Internally
There are downsides and benefits to internal recruitment. The prospect of getting promoted can motivate employees. Getting transferred to a better department could increase productivity.
Hiring internally also saves time, money and effort.
But, limiting hiring efforts to current and previous employees has its drawbacks. It prevents a company from finding talented and highly-qualified individuals on the outside.
This is the process of finding job candidates from outside the organization. It will generally require a third-party provider to do the hard work.
If you are looking for new employees through top headhunters in Canada, then you’d be adding to the increasing numbers of employees in the country. In November 2021, Canadian employment stepped up by 154,000. This was 186,000 higher than the pre-COVID level in February 2020.
With this, the unemployment rate decreased to 6.0 percent. This figure is within 0.3 percent of the numbers slated in February 2020. Hiring external sources gives organizations a much bigger pond to fish in. Although it involves a lot of time and money, it provides beneficial results.
There are several external recruitment sources, and they include the following:
Both traditional and digital advertisements can cover a wide area. Job posts in a newspaper can reach its readers. Meanwhile, those posted on digital job sites can get the attention of its subscribers and active online job seekers.
You can also post job ads on social networks like LinkedIn or even Facebook. This post can get to qualified applicants who live in another city or state and encourage them to apply.
The government often runs employment exchanges. Many federal undertakings and activities employ people through these arrangements.
Employment or Recruitment Agencies
These are private agencies that supply workforces to companies within a particular industry. For example, the cruise industry hires manning agencies all over the world. This allows them to fill their numerous crew requirements.
Many companies partner with educational institutions to find exceptional talent. Then, hire them right out of school.
Colleges and universities also hold career fairs. Representatives from different industries come to these events. They usually talk about job prospects to future graduates.
What Most Companies Do
Most organizations use both types of recruitment. Using both ensure they have the number of applicants necessary to fill vacancies.
There are advantages to using both types at the same time. Internal hiring could boost employee morale and keep retention rates high.
Meanwhile, choosing the right external recruitment type will “get the message across” better. It will entice the desired kind of external candidates. This can make all the difference to the success of any recruiting effort.
Now that you are familiar with all types of recruitment, the next step is to choose what’s ideal for your company. If you weigh the pros and cons of each, you’ll come up with an informed decision that will benefit your company best.As an Amazon Associate, Icy Canada earns from qualifying purchases.