In this blog post, we are diving into the top 10 methods of recruiting.
Are you looking to recruit the best talent for your company while keeping the costs of recruitment from overstretching your budget? The balance of getting this right is dependent on the effectiveness of your recruitment strategy. That’s why every company should explore their recruitment methods to find out what works best for them!
With that being said, there are many tried and tested methods of recruiting each with their positives and negatives, Read on to see which methods will suit your business the best with our easy to view list of recruitment pros and cons.
1. INTERNAL RECRUITING
You can start by recruiting from the talent you already employ.
- Reduce recruitment, training and orientation costs
- You know their work ethic
- They’ll likely be more loyal
- Restrict your talent pool
- It could stifle your innovation for new ideas
- It can demotivate other existing internal candidates who failed to get the position
- You need to recruit to fill their previous post
2. ADVERTISING EXTERNALLY
Growing companies will certainly need to advertise externally.
- No bias between employees
- Companies can increase their talent
- A larger scope for finding talent
- Bring fresh ideas
- The new candidate may not be a good company fit as time goes by
- External advertising is costly
- The recruitment process can be long and take up lots of time
- External candidates may have more demand for remuneration and benefits
3. PRINT ADVERTISING
Print advertising is not a bygone strategy just yet. Some companies still use local newspapers and even national magazines.
- You can easily hire local talent
- You can reach specialised roles through specific magazines/ paper ads.
- Exposed to a very limited talent pool
4. ONLINE ADVERTISING ON JOB BOARDS
Online advertising through the use of employment websites (job boards) was introduced in the early 90s. Online job boards have come a long way since then!
- Reach a wide pool of applicants
- Can reduce recruitment costs
- Saves you time
- Hiring pools can be too large
- Attracts fraudulent applicants
- Difficult to measure the effectiveness
5. SOCIAL MEDIA
- Reach younger applicants
- Headhunt specialised talent (Linked in)
- A long process
6. RECRUITMENT AGENCIES
Recruiters are typically commission-based, so it’s in their interest to recruit great candidates for your organisation.
- Experienced in recruitment so will likely hire top talent
- Access to large applicant pools
7. TALENT SEARCH
Looking through recruitment sites to find ideal candidates.
- Headhunt top talent though searching keywords
8. USE SPONSORED JOBS
Use a sponsored job to make your listing stand out on sites like Indeed.
- Your listing will appear more often resulting in more applicants
- Won’t fall back in search results over time
- High costs
9. CONSIDER PAST CANDIDATES
Maybe timing or external factors impacted on hiring certain talent in the past. When hiring for similar roles looking to past candidates may be ideal.
- Candidates are familiar with your company
- They may have picked up more experience and skills
- You may not have hired them in the past for a very good reason
10. ATTEND INDUSTRY – RELATED MEETUPS
Going to industry-specific meetups exposes you to the most eager talent in your field.
- You can meet motivated and passionate industry professionals
- It would be a waste of your time and not find anyone suitable or even interested in your role.
Top 10 methods of recruiting
For more information on the top 10 Methods of recruiting you can implement in your business, please see our post on the meaning of recruitment.