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Table of Contents
Are talent acquisition and recruitment the same thing?
What are the different types of recruitment?
What is the recruitment cycle?
How long does the recruitment process take?
What is the role of HR in recruitment and selection?
What are the factors affecting recruitment?
How does recruitment impact organizational performance?
What are the top tips for developing an effective recruitment plan?
How can HR teams align recruitment with strategic business goals?
How can organizations measure the effectiveness of a recruitment strategy?
What legal considerations should be taken into account during recruitment?
What role does technology play in modern recruitment?
Grow and manage your team globally with Deel
What is recruitment in HR?
Recruitment in HR refers to the process of identifying, attracting, interviewing, selecting, hiring, and onboarding employees. It is a fundamental part of human resource management aimed at finding the right candidates for job openings within an organization. This process involves several stages, including job analysis, sourcing candidates, evaluating applicants, and making job offers.
Are talent acquisition and recruitment the same thing?
No, recruitment is a subset of talent acquisition. The recruitment process focuses more on the operational side of attracting talent, i.e., sourcing candidates, interviewing, selection, and onboarding process.
On the other hand, talent acquisition goes beyond these operational tasks. It also includes building long-term strategies, such as predicting future hiring needs, creating sustainable talent pools and hubs, and planning long-term human resources.
What are the different types of recruitment?
Recruitment is primarily of two types:
- Internal recruitment: Checking the right fit candidates in your existing talent pool. These could be workers who are currently unutilized and looking for a new project or those who are looking for a role change, promotion, or transfer
- External recruitment: Hiring employees or contractors through job portals, recruitment drives, social media promotion, recruitment agencies, campus events, or referral programs
Complementary resource: Watch our webinar on unlocking global talent and find out ways to recruit and hire internationally.
What is the recruitment cycle?
The recruitment cycle includes the entire hiring process, from job analysis to onboarding. The key steps of the recruitment process covered in this cycle are:
- Job analysis: Understanding the requirements for opening and creating detailed job postings
- Sourcing: Attracting the right candidates for the role (internally or externally) by promoting the job posting
- Screening: Reviewing the job applications/resumes/cover letter and shortlisting potential candidates for interviews
- Interviewing: Conducting technical or managerial job interviews to identify the right fit
- Offer and negotiation: Negotiating salary and benefits to selected candidates after the interview and sending an offer letter
- Onboarding: Onboarding new hires to the company by finishing the required paperwork and assigning training
More resources:
- Create more compelling job descriptions to attract more talent using our job description template
- Fast track offer generation (without missing any detail) using our job offer letter template
What are the different methods of sourcing candidates?
You can look for ideal candidates for an open role through various methods, including:
- Job advertisements: Posting openings on job boards and company websites offers massive reach at a low cost—for instance, the popular job board Indeed attracted close to 604.5 million unique global visitors in March 2024, and posting jobs on it is still free. However, you can pay to boost a job post to attract more candidates, but posting is free
- Social media: Social media is another effective way for recruiters to reach potential candidates—for instance, LinkedIn has 40+ advanced search filters and keywords for finding potential candidates
- Employee referrals: Employee referrals give you a more refined list of candidates with some background of your company. A study looking at data from more than two million job candidates found that referred candidates were over 4.5 times as likely to get hired
- Recruitment agencies: If you lack adequate internal resources to dedicate to hiring, you can partner with recruitment agencies
- Networking events: Networking events also allow connecting with candidates directly who would be suitable for open job postings; while attending events may not be possible for every opening, it can be done for specific positions where there is a larger community of professionals available
- Campus recruitment: Campus recruitment is the best fit when you are looking for multiple entry-level graduates to hire
How long does the recruitment process take?
The recruitment process currently takes 44 days on average globally:
- Energy and defense domains take the longest time to hire, at 67+ days, due to the demand for specialized talent
- Investment banking takes from 21 days to 60+ days
- Professional services are well above the average time to hire, at 47 days
- Tech and media companies have the shortest time-to-hire rates, around 20 days
What is the role of HR in recruitment and selection?
The role of HR professionals in recruitment and selection is largely dependent on the organization’s size.
In small firms, where resources are limited, HR plays more of a generalist role. They oversee policies, employer branding, sourcing candidates, interviewing candidates, onboarding employees, and managing employee relations.
Large firms have different departments for policies/branding, recruitment (sourcing and interviewing candidates), learning and development (onboarding), and managing day-to-day operations. As a result, a large organization would even have specialized recruiters for specific roles, e.g., technical recruiters.
How does HR attract employees?
HR department continuously deploys multiple strategies to attract talent, such as:
- Investing in employer brand: Create a social media presence and careers page on the website that highlights the company culture
- Promote job openings: Promote job openings on job boards and social media
- Create referral programs: Create referral programs that give more vetted candidates for the role
- Plan campus recruitment: Build partnerships with universities to attract freshers
- Attend networking events: Connect with potential candidates at networking events and create an employer brand by communicating company values
What is the role of employer branding in recruitment?
Investing in employer branding impacts recruitment positively in the long run.
For instance, to showcase their culture, Buffer regularly shares positive employee experiences. As a result, they observed the following benefits of their recruitment efforts:
- Attracting more talent: When Buffer released a job opening for a content writer, they got 1518 applications within a week
- Promoting employee advocacy: Existing Buffer employees always promote the company and attract more talent for job postings
- Building reputation: Candidates perceive Buffer as their dream company
- Enhancing candidate experience: Candidates appreciate Buffer’s interview experience as it reflects company values
- Reducing turnover: Buffer has a retention rate of 94 % and enjoys a low turnover rate of 5.8 %
Further reading: Learn practical ways to improve candidate experience during the entire recruitment process.
What are the factors affecting recruitment?
The main factors affecting recruitment are:
- Labor market: 75% of employers worldwide struggle to fill positions due to talent shortage
- Employer branding: 80% of job seekers consider the company’s culture before accepting a job offer
- Job descriptions: 52% of job seekers say the quality of a job description influences their decision to apply for a job
- Compensation and benefits: Both compensation and benefits influence job acceptance rates, and 76% of companies are refining benefits strategies to compete for talent
- Diversity and inclusion: More than half of workers say a company’s DEI efforts affect their job decisions
- Candidate experience: 72% of candidates say the smoothness of an interview process would affect their final decision on whether or not to take the job
- Legal and regulatory compliance: Local and international labor laws such as immigration requirements, discrimination laws, minimum wage laws, overtime regulations, tax requirements, and workplace safety standards affect hiring strategies
How does recruitment impact organizational performance?
Recruitment greatly impacts organizational success by hiring the right individuals with matching values for the correct positions. Effective recruiting tactics lead to:
- Enhanced business culture: Recruiting people who share the organization’s values creates a great work environment
- Innovation and growth: Diverse skill pools generate new ideas and viewpoints, which fuels innovation
- Improved staff performance: Hiring qualified people increases productivity and efficiency—for instance, 94% of employers agree that skills-based hiring is more predictive of on-the-job success
- Reduced turnover: Matching candidates to appropriate roles improves work satisfaction and retention. 79% of skill-based hires plan to stay in their role for 3+ years in 2024
What are the top tips for developing an effective recruitment plan?
The top tips to build an effective recruitment plan are:
- Showcase your company culture on your career page and social media
- Be specific about the job requirements in the job description
- Analyze your channels for sourcing candidates and double down on what worked best
- Invest in recruitment technology to fast-track hiring
- Use technology to streamline candidate communication
- Streamline your interview process
- Implement a detailed employee onboarding program
Read more: 10 Effective Recruitment Strategies with Real Examples
How can HR teams align recruitment with strategic business goals?
You can align your recruitment efforts with strategic business goals in three simple ways:
- Skill gap analysis: Identifying areas where new skills are required to support your business growth—for instance, IBM takes a skill-based hiring approach to get skilled applicants in cybersecurity
- Workforce planning: Understanding future talent needs based on business objectives beyond current skill gaps. For example, Google is renowned for its data-driven approach to people operations and various research projects, such as Project Oxygen, which measures key management behaviors and cultivates them through communication and training
- Budget allocation: Allocate the HR budget based on business goals—for instance, if you are expecting more revenue from cybersecurity projects, you can allocate more budget to hiring for that project
- Measuring success: Identify the business goals and corresponding metrics to track. When hiring based on business goals, the metrics to track cannot be traditional recruitment metrics like time-to-hire. It should be more focused on business goals like revenue per employee
How can organizations measure the effectiveness of a recruitment strategy?
The key performance indicators (KPIs) that you can track to measure the effectiveness of recruitment strategy are:
- Time to hire: The time-to-hire metric helps to determine how fast you can fill open positions and how much you need to plan recruitment in advance—it is calculated by measuring the average number of days between the candidate applying and accepting the job offer
- Cost per hire: Cost per hire is important to finalize your recruitment budget. It is calculated by dividing the total recruitment cost by the number of hires
- Offer acceptance rate: Tracking offer acceptance rates helps to understand the effectiveness of the hiring process, employer branding, and compensation/benefits strategies—calculate the offer acceptance rate by determining the number of job offers made and dividing by the number of offers accepted
- New hire turnover: Analyzing turnover data helps to assess success in hiring strategies—calculate new hire turnover by dividing the number of new hires who left in the last 12 months by the total number of new hires
- Candidate experience: Get feedback from candidates about their application and interview experience to improve the recruitment process. You can run quick surveys to get feedback
What legal considerations should be taken into account during recruitment?
Key regulations that drive recruitment efforts include:
- Labor laws cover minimum pay, working hours, leaves, and health and safety standards for workers.
- Non-discrimination laws mandate providing equal opportunities and pay irrespective of race, color, religion, gender, and age. Companies must establish unbiased hiring practices and a caring and inclusive work environment.
- Data protection laws mandate obtaining consent from candidates before collecting their data and encrypting key fields.
- Immigration laws define candidates’ eligibility to work in the respective country and provide work authorization
- Recruitment licenses ensure an organization has the necessary permits and follows regulations for recruitment, especially when hiring internationally
- Background check laws define whether an employer has the right to verify a worker’s background information
Read more: Discover a complete guide to recruitment compliance when hiring across borders.
What role does technology play in modern recruitment?
Technology can optimize various steps of the recruitment process. Key technological advancements in recruitment include:
- Applicant tracking systems (ATS) automate the tracking and management of candidates throughout the recruitment process
- Artificial intelligence (AI) assists in resume screening, candidate matching, and predictive analytics
- Video interviewing tools facilitate remote interviews, saving time and resources
- Recruitment marketing software helps in building an employer brand and attracting candidates
- Data analytics provide insights into recruitment metrics and candidate behaviors
- Onboarding solutions streamline the onboarding of workers worldwide without worrying about local laws, payroll, and keeping up with local compliance
- Immigration systems track the immigration status of candidates in one portal
- Background check systems track the background check status of all candidates on one system for smooth tracking
- Equipment management systems standardize equipment and software allocations to workers by bringing both asset management and allocation into one platform
- Learning management solutions (LMS) create detailed onboarding courses to equip new hires with all information and reduce the recurring manual effort of training new hires
Read more: Uncover nine HR processes with the potential for automation and time-savings. Also, learn how to automate these processes with one single tool.
Grow and manage your team globally with Deel
Companies are hiring beyond international borders to save costs and open new market opportunities. To support global hiring measures, Deel is a complete HR solution enabling businesses to:
- Hire contractors and employees internationally without requiring you to open an office in the location
- Track immigration and background check status
- Onboard workers compliantly and finish paperwork
- Procure and ship devices to new hires and provide continuous support
- Train new hires to speed up productivity
- Process payroll for a global workforce
Book a quick demo to discover an end-to-end solution for hiring and managing internal talent.