For businesses of any size and complexity, recruitment is a key aspect of building and maintaining a highly efficient talent pool. Hiring a professional recruitment agency like Advanced & Best Placements will help minimise wastage of money and time which can be otherwise utilised for extensive employee training and development.
There are different approaches for a recruiter to source, screen, sort and hire candidates based on the organisations’ requirements. The type of recruitment helps determine the means by which a recruiter hires potential candidates. Discussed here are the three primary types of recruitment:
1. Internal Recruitment
Internal source of hiring refers to recruiting talents from within the organisation internally. That means current employees of the organisation should be initial consideration for the job position. This is an integral step towards developing and harnessing the existing resources which aids in employee motivation and improved productivity. Internal recruiting is also more cost-effective and time-efficient.
Some forms of internal recruitment are:
- Transfers
- Promotions
- Employee referrals
- Internal advertisements of job posting
- Hiring former employees
- Previous job applicants
2. External Recruitment
This type of recruitment refers to hiring talents from outside the organisation, i.e., externally. That means external candidates can seek job opportunities in this case. External form of recruitment is more challenging and expensive because it involves scouring through hundreds of job applications, interviewing, shortlisting, selecting, onboarding, training and development. Moreover, the process is time consuming and you have to work with employees with whom you have no prior experience.
But on the other hand, it is one of the best ways to integrate fresh thoughts, creativity and innovativeness into the organisation. Additionally, this external talent pool often have the experience and knowledge to help an organisation achieve its goals.
Some forms of external recruitment are:
- Employment exchanges and employment agencies
- Direct recruitment
- Advertisements
- Campus recruitment
- Professional associations
- Word of mouth advertising
3. Just in Time Recruitment
This lean method of recruitment is used to headhunt talent for meeting an emergency job vacancy, say in as little as 72 hours. It is a form of responding directly to jobs rather than playing with the candidate pipeline and building an employer brand.
To hire the best talent pool, you should trust a licensed recruitment agency like Advanced & Best Placements.