SlideShare a Scribd company logo
1 of 2
Download to read offline
Is Your Recruiting Function Cost-Effective or Costly?
Everyone knows the saying, “First impressions are lasting.”
They can also be costly!
What reputation are your in-house and external recruiting
partners creating for your organization? Their representation
creates an impression among industry professionals and
potential talent about your organization that can have a
significant impact on the sustained success of your recruitment
program.
It is critical for the HR and Talent Acquisition function to
identify key qualities in choosing an external search partner, as
well as, in-house recruiters. Details such as organizational
revenues, how long the organization has been in business,
number of employees, name of CEO, public or privately held,
industry competitors, organizational culture, and organizational
or hiring objectives is very basic key information needed to, at
the very least, initiate effective dialogue with other industry
professionals and candidates. However, a recent research
assignment indicated a staggering 85% of in-house and external
recruiters did not know some basic information!
Would you be attracted or refer to a company if the recruiter
you were talking with could not answer simple questions about
the organization they’re representing? Perhaps more
importantly, what kind of person would find this to be an
attractive recruitment tactic? If hired, what level of
performance should be expected from that individual?
Companies that are committed to providing quality services and
products to their customers understand that their goals cannot
be achieved without ensuring quality at every step in the
process. Yet in staffing, too often the quality process is seen as
beginning after the hiring process is complete.
To ensure you are valuing how your organization is represented
to industry resources and candidates, consider the following
regarding in-house and external recruiting partners.
Of In-House Recruiting, Consider:
What is your current organizational recruiting process? Where
are the bottlenecks?
What does your advertising say about your company? The
position? Are you using targeted direct industry and field
publications? How is the company being described?
How significant is the current in-house pipeline? How is it
being cultivated, if at all? What industry competitors,
professional trade organizations, and networks are being
penetrated? What competitors are “hands-off”?
What are the performance measurements for in-house
recruiters? Are they measured solely on the volume of resumes
put in front of hiring managers? How does their current
performance measurement system support producing quality
candidates and retaining them? What level is their recruiting
experience and are they being measured fairly?
Of External Recruiting Partners, Consider:
Do their methodologies and philosophies of recruiting coincide
with your organizational culture? How long have they recruited
and at what levels? What types of services and fee structures
do they offer? Have they taken the initiative and time to
schedule a personal visit to view your facility and meet you?
Ask for client company references and check them. In some
cases, consider checking public records. Ask for a hard copy
package of company information. How they present their own
organization can be an indicator of how they’ll present your
organization.
Are they asking you key questions about culture, long-term
objectives, key success factors for candidates?
Are they confirming information with you based on their own
research of your company and industry? Can they identify your
primary competitors and successfully penetrate them?
How do they present candidates to you? Are they aware of
critical information about the candidates they present to you?
Are they attentive to potential non-compete competitor
clauses? Who is working with them and is the relationship
based on transparent ethical business practices? Are they
being utilized as a valued search partner providing industry
information, or expected to merely forward volumes of
resumes?
After considering these questions, and many more, now
consider some cost factors. Is your recruiting process
profitable? Profits obviously result from increasing revenues
and/or decreasing costs. Organizations can profit by
strategically increasing recruiting efficiency and specific talent
liquidity.
Another consideration must be retention rates. Consider your
cost of losing an employee. Determine your costs of attrition,
especially in areas that generate and closely impact revenue.
How significant and well cultivated is the pipeline to support
these primary revenue-generating areas? What is it costing you
to have key roles vacant?
Does your organizational growth justify an in-house recruiting
department and associated continuous costs such as
compensation structures, advertising budgets, training,
administrative costs, tracking systems, research resources,
turnover, and other related overhead costs?
Lastly, consider the costs of damage control and reducing the
frequency of ineffective recruiting practices. Some ineffective
recruiting practices include:
- using multiple in-house and 3rd party search partners, blitzing
the market for the same search effort
- inadequate pre-screening
- providing high volumes of resumes, opposed to only the top
few who meet the highest % of the selection criteria
- lack of establishing and maintaining an industry pipeline of
resources and talent
- lack of responsiveness from all parties involved
- lack of prepared corporate materials for interviewed
candidates
- poor coordination of agendas, travel and accommodations
for out-of-town candidates
- lack of follow-up
Careful consideration of the aforementioned can contribute to
developing and sustaining a powerful, effective and quality
recruitment effort for your organization.
By: Kelly E. Persichetti
President
The Persichetti Group
740-756-1301
www.PGROUP.net
kp@pgroup.net

More Related Content

What's hot

Consultancy services
Consultancy servicesConsultancy services
Consultancy servicesRenjin Babu
 
Salesforce Recruitment & selection-SDM
Salesforce Recruitment & selection-SDMSalesforce Recruitment & selection-SDM
Salesforce Recruitment & selection-SDMDhaval Gurnani
 
Selection of sales force
Selection of sales forceSelection of sales force
Selection of sales forceAmanpreet Kaur
 
Role of hr in employer branding
Role of hr in employer brandingRole of hr in employer branding
Role of hr in employer brandingAbhishek Gupta
 
5 ways to Streamline recruitment process
5 ways to Streamline recruitment process5 ways to Streamline recruitment process
5 ways to Streamline recruitment processAvlin Roy
 
Fundamentals Of Marketing & Customer Service
Fundamentals Of  Marketing &  Customer  ServiceFundamentals Of  Marketing &  Customer  Service
Fundamentals Of Marketing & Customer Serviceguest082e19
 
Recruitment & selection by coca cola co.
Recruitment & selection by coca cola co.Recruitment & selection by coca cola co.
Recruitment & selection by coca cola co.Muhammad Tariq Soomro
 
A Guide to Exit Interviews
A Guide to Exit InterviewsA Guide to Exit Interviews
A Guide to Exit InterviewsOlivier Serrat
 
A 100 Day Success Plan for NEW CEO's to Ensure a Great Start, v1, June 07, 2021
A 100 Day Success Plan for NEW CEO's to Ensure a Great Start, v1, June 07, 2021A 100 Day Success Plan for NEW CEO's to Ensure a Great Start, v1, June 07, 2021
A 100 Day Success Plan for NEW CEO's to Ensure a Great Start, v1, June 07, 2021Jas Dhillon
 
WheelerResume2016December12
WheelerResume2016December12WheelerResume2016December12
WheelerResume2016December12Dottie Wheeler
 
Robert getty resume detail june 2016 [2305843009214501564] [858395]
Robert getty resume detail june 2016 [2305843009214501564] [858395]Robert getty resume detail june 2016 [2305843009214501564] [858395]
Robert getty resume detail june 2016 [2305843009214501564] [858395]Robert Getty
 
Talent First - Brochure
Talent First - BrochureTalent First - Brochure
Talent First - BrochureAliya Jafery
 
Employee Turnover
Employee TurnoverEmployee Turnover
Employee TurnoverwaQas ilYas
 

What's hot (20)

Consultancy services
Consultancy servicesConsultancy services
Consultancy services
 
Salesforce Recruitment & selection-SDM
Salesforce Recruitment & selection-SDMSalesforce Recruitment & selection-SDM
Salesforce Recruitment & selection-SDM
 
Selection of sales force
Selection of sales forceSelection of sales force
Selection of sales force
 
Role of hr in employer branding
Role of hr in employer brandingRole of hr in employer branding
Role of hr in employer branding
 
5 ways to Streamline recruitment process
5 ways to Streamline recruitment process5 ways to Streamline recruitment process
5 ways to Streamline recruitment process
 
Hiring for a competitive advantage
Hiring for a competitive advantageHiring for a competitive advantage
Hiring for a competitive advantage
 
Fundamentals Of Marketing & Customer Service
Fundamentals Of  Marketing &  Customer  ServiceFundamentals Of  Marketing &  Customer  Service
Fundamentals Of Marketing & Customer Service
 
Fhyzics Buisness Consultant
Fhyzics Buisness ConsultantFhyzics Buisness Consultant
Fhyzics Buisness Consultant
 
Employee Referral Program
Employee Referral ProgramEmployee Referral Program
Employee Referral Program
 
Recruitment & selection by coca cola co.
Recruitment & selection by coca cola co.Recruitment & selection by coca cola co.
Recruitment & selection by coca cola co.
 
A Guide to Exit Interviews
A Guide to Exit InterviewsA Guide to Exit Interviews
A Guide to Exit Interviews
 
A 100 Day Success Plan for NEW CEO's to Ensure a Great Start, v1, June 07, 2021
A 100 Day Success Plan for NEW CEO's to Ensure a Great Start, v1, June 07, 2021A 100 Day Success Plan for NEW CEO's to Ensure a Great Start, v1, June 07, 2021
A 100 Day Success Plan for NEW CEO's to Ensure a Great Start, v1, June 07, 2021
 
WheelerResume2016December12
WheelerResume2016December12WheelerResume2016December12
WheelerResume2016December12
 
Robert getty resume detail june 2016 [2305843009214501564] [858395]
Robert getty resume detail june 2016 [2305843009214501564] [858395]Robert getty resume detail june 2016 [2305843009214501564] [858395]
Robert getty resume detail june 2016 [2305843009214501564] [858395]
 
Strategic Hiring = Job Match
Strategic Hiring = Job MatchStrategic Hiring = Job Match
Strategic Hiring = Job Match
 
Recruitment & selection
Recruitment & selection Recruitment & selection
Recruitment & selection
 
Talent First - Brochure
Talent First - BrochureTalent First - Brochure
Talent First - Brochure
 
306090 day action plan for securitas canada limited
306090 day action plan for    securitas canada limited306090 day action plan for    securitas canada limited
306090 day action plan for securitas canada limited
 
Employee Turnover
Employee TurnoverEmployee Turnover
Employee Turnover
 
TJ Insite March
TJ Insite MarchTJ Insite March
TJ Insite March
 

Viewers also liked

Act1 norareyes
Act1 norareyesAct1 norareyes
Act1 norareyesNora Reyes
 
Motores de busqueda1
Motores de busqueda1Motores de busqueda1
Motores de busqueda1anacamejo
 
Penn Valley Church Announcements 3 13-16
Penn Valley Church Announcements 3 13-16Penn Valley Church Announcements 3 13-16
Penn Valley Church Announcements 3 13-16PennValleyChurch
 
Guidance for 2016: Time to Put Online Grocery into Context
Guidance for 2016: Time to Put Online Grocery into ContextGuidance for 2016: Time to Put Online Grocery into Context
Guidance for 2016: Time to Put Online Grocery into ContextBill Bishop
 
CHALLENGES IN MAKING THE BULLET TRAIN
CHALLENGES IN MAKING THE BULLET TRAINCHALLENGES IN MAKING THE BULLET TRAIN
CHALLENGES IN MAKING THE BULLET TRAINAditya Shiva Appalla
 
Toma de decisiones administrativas
Toma de decisiones administrativas Toma de decisiones administrativas
Toma de decisiones administrativas keampipe
 

Viewers also liked (11)

Healthy Living, Life Engaged!
Healthy Living, Life Engaged!Healthy Living, Life Engaged!
Healthy Living, Life Engaged!
 
Evaluation: Q7
Evaluation: Q7Evaluation: Q7
Evaluation: Q7
 
Act1 norareyes
Act1 norareyesAct1 norareyes
Act1 norareyes
 
Motores de busqueda1
Motores de busqueda1Motores de busqueda1
Motores de busqueda1
 
COP21 & Energy Union
COP21 & Energy UnionCOP21 & Energy Union
COP21 & Energy Union
 
Penn Valley Church Announcements 3 13-16
Penn Valley Church Announcements 3 13-16Penn Valley Church Announcements 3 13-16
Penn Valley Church Announcements 3 13-16
 
Documento de Word
Documento de WordDocumento de Word
Documento de Word
 
Ventajas slideshare
Ventajas slideshareVentajas slideshare
Ventajas slideshare
 
Guidance for 2016: Time to Put Online Grocery into Context
Guidance for 2016: Time to Put Online Grocery into ContextGuidance for 2016: Time to Put Online Grocery into Context
Guidance for 2016: Time to Put Online Grocery into Context
 
CHALLENGES IN MAKING THE BULLET TRAIN
CHALLENGES IN MAKING THE BULLET TRAINCHALLENGES IN MAKING THE BULLET TRAIN
CHALLENGES IN MAKING THE BULLET TRAIN
 
Toma de decisiones administrativas
Toma de decisiones administrativas Toma de decisiones administrativas
Toma de decisiones administrativas
 

Similar to Recruiting Article

Recruitment & selection ch 8 & 9
Recruitment & selection ch  8 & 9Recruitment & selection ch  8 & 9
Recruitment & selection ch 8 & 9Dreams Design
 
Engaging A Search Firm
 Engaging A Search Firm Engaging A Search Firm
Engaging A Search Firmdeborahrichard
 
Knoah article on recruitment
Knoah article on recruitmentKnoah article on recruitment
Knoah article on recruitmentAnkur Mathur
 
pacificexecutivescom.pdf
pacificexecutivescom.pdfpacificexecutivescom.pdf
pacificexecutivescom.pdfBrianKaushik
 
Best practices in recruitment that every company should follow
Best practices in recruitment that every company should followBest practices in recruitment that every company should follow
Best practices in recruitment that every company should followKannan G S
 
Excellence In Recruitment
Excellence In RecruitmentExcellence In Recruitment
Excellence In RecruitmentMoragm
 
Talent attraction for the modern recruiter
Talent attraction for the modern recruiterTalent attraction for the modern recruiter
Talent attraction for the modern recruiterSoraya Lavery
 
How to Hire All-Star Administrative Professionals and Maximize Their Potential
How to Hire All-Star Administrative Professionals and Maximize Their PotentialHow to Hire All-Star Administrative Professionals and Maximize Their Potential
How to Hire All-Star Administrative Professionals and Maximize Their PotentialRobert Half
 
How to Choose the Right B2B Sales Recruitment Agency for Your Company.pdf
How to Choose the Right B2B Sales Recruitment Agency for Your Company.pdfHow to Choose the Right B2B Sales Recruitment Agency for Your Company.pdf
How to Choose the Right B2B Sales Recruitment Agency for Your Company.pdfJayce Grayye Consulting & Recruiting
 
Cracking The Recruitment Partner Code
Cracking The Recruitment Partner CodeCracking The Recruitment Partner Code
Cracking The Recruitment Partner CodeWorkforce Group
 
Talent Acquisition Strategies.pdf
Talent Acquisition Strategies.pdfTalent Acquisition Strategies.pdf
Talent Acquisition Strategies.pdfhrutikeshAnpat
 
Direct Sourcing Case Study
Direct Sourcing Case StudyDirect Sourcing Case Study
Direct Sourcing Case StudyAdriana Wilson
 
Employee Recruitment Slidedoc
Employee Recruitment SlidedocEmployee Recruitment Slidedoc
Employee Recruitment SlidedocCynthia_Fisher
 
Introduction to Recruitment and employees management.pptx
Introduction to Recruitment and employees management.pptxIntroduction to Recruitment and employees management.pptx
Introduction to Recruitment and employees management.pptxPaulOlivierSiaze
 
Emerging roles in recruiting
Emerging roles in recruitingEmerging roles in recruiting
Emerging roles in recruitingGaurav Gaur
 
Progressive - Building a compelling employer brand
Progressive - Building a compelling employer brandProgressive - Building a compelling employer brand
Progressive - Building a compelling employer brandMark SThree
 

Similar to Recruiting Article (20)

Recruitment & selection ch 8 & 9
Recruitment & selection ch  8 & 9Recruitment & selection ch  8 & 9
Recruitment & selection ch 8 & 9
 
Engaging A Search Firm
 Engaging A Search Firm Engaging A Search Firm
Engaging A Search Firm
 
Knoah article on recruitment
Knoah article on recruitmentKnoah article on recruitment
Knoah article on recruitment
 
4.talent acquisition
4.talent acquisition4.talent acquisition
4.talent acquisition
 
pacificexecutivescom.pdf
pacificexecutivescom.pdfpacificexecutivescom.pdf
pacificexecutivescom.pdf
 
Best practices in recruitment that every company should follow
Best practices in recruitment that every company should followBest practices in recruitment that every company should follow
Best practices in recruitment that every company should follow
 
Internal vs External Recruitment
Internal vs External RecruitmentInternal vs External Recruitment
Internal vs External Recruitment
 
Excellence In Recruitment
Excellence In RecruitmentExcellence In Recruitment
Excellence In Recruitment
 
Talent attraction for the modern recruiter
Talent attraction for the modern recruiterTalent attraction for the modern recruiter
Talent attraction for the modern recruiter
 
How to Hire All-Star Administrative Professionals and Maximize Their Potential
How to Hire All-Star Administrative Professionals and Maximize Their PotentialHow to Hire All-Star Administrative Professionals and Maximize Their Potential
How to Hire All-Star Administrative Professionals and Maximize Their Potential
 
How to Choose the Right B2B Sales Recruitment Agency for Your Company.pdf
How to Choose the Right B2B Sales Recruitment Agency for Your Company.pdfHow to Choose the Right B2B Sales Recruitment Agency for Your Company.pdf
How to Choose the Right B2B Sales Recruitment Agency for Your Company.pdf
 
Cracking The Recruitment Partner Code
Cracking The Recruitment Partner CodeCracking The Recruitment Partner Code
Cracking The Recruitment Partner Code
 
Talent Acquisition Strategies.pdf
Talent Acquisition Strategies.pdfTalent Acquisition Strategies.pdf
Talent Acquisition Strategies.pdf
 
Reflections
ReflectionsReflections
Reflections
 
Direct Sourcing Case Study
Direct Sourcing Case StudyDirect Sourcing Case Study
Direct Sourcing Case Study
 
Employee turnover and maximizing staff retention
Employee turnover and maximizing staff retentionEmployee turnover and maximizing staff retention
Employee turnover and maximizing staff retention
 
Employee Recruitment Slidedoc
Employee Recruitment SlidedocEmployee Recruitment Slidedoc
Employee Recruitment Slidedoc
 
Introduction to Recruitment and employees management.pptx
Introduction to Recruitment and employees management.pptxIntroduction to Recruitment and employees management.pptx
Introduction to Recruitment and employees management.pptx
 
Emerging roles in recruiting
Emerging roles in recruitingEmerging roles in recruiting
Emerging roles in recruiting
 
Progressive - Building a compelling employer brand
Progressive - Building a compelling employer brandProgressive - Building a compelling employer brand
Progressive - Building a compelling employer brand
 

Recruiting Article

  • 1. Is Your Recruiting Function Cost-Effective or Costly? Everyone knows the saying, “First impressions are lasting.” They can also be costly! What reputation are your in-house and external recruiting partners creating for your organization? Their representation creates an impression among industry professionals and potential talent about your organization that can have a significant impact on the sustained success of your recruitment program. It is critical for the HR and Talent Acquisition function to identify key qualities in choosing an external search partner, as well as, in-house recruiters. Details such as organizational revenues, how long the organization has been in business, number of employees, name of CEO, public or privately held, industry competitors, organizational culture, and organizational or hiring objectives is very basic key information needed to, at the very least, initiate effective dialogue with other industry professionals and candidates. However, a recent research assignment indicated a staggering 85% of in-house and external recruiters did not know some basic information! Would you be attracted or refer to a company if the recruiter you were talking with could not answer simple questions about the organization they’re representing? Perhaps more importantly, what kind of person would find this to be an attractive recruitment tactic? If hired, what level of performance should be expected from that individual? Companies that are committed to providing quality services and products to their customers understand that their goals cannot be achieved without ensuring quality at every step in the process. Yet in staffing, too often the quality process is seen as beginning after the hiring process is complete. To ensure you are valuing how your organization is represented to industry resources and candidates, consider the following regarding in-house and external recruiting partners. Of In-House Recruiting, Consider: What is your current organizational recruiting process? Where are the bottlenecks? What does your advertising say about your company? The position? Are you using targeted direct industry and field publications? How is the company being described? How significant is the current in-house pipeline? How is it being cultivated, if at all? What industry competitors, professional trade organizations, and networks are being penetrated? What competitors are “hands-off”? What are the performance measurements for in-house recruiters? Are they measured solely on the volume of resumes put in front of hiring managers? How does their current performance measurement system support producing quality candidates and retaining them? What level is their recruiting experience and are they being measured fairly? Of External Recruiting Partners, Consider: Do their methodologies and philosophies of recruiting coincide with your organizational culture? How long have they recruited and at what levels? What types of services and fee structures do they offer? Have they taken the initiative and time to schedule a personal visit to view your facility and meet you? Ask for client company references and check them. In some cases, consider checking public records. Ask for a hard copy package of company information. How they present their own organization can be an indicator of how they’ll present your organization. Are they asking you key questions about culture, long-term objectives, key success factors for candidates? Are they confirming information with you based on their own research of your company and industry? Can they identify your primary competitors and successfully penetrate them? How do they present candidates to you? Are they aware of critical information about the candidates they present to you? Are they attentive to potential non-compete competitor clauses? Who is working with them and is the relationship based on transparent ethical business practices? Are they being utilized as a valued search partner providing industry information, or expected to merely forward volumes of resumes? After considering these questions, and many more, now consider some cost factors. Is your recruiting process profitable? Profits obviously result from increasing revenues and/or decreasing costs. Organizations can profit by strategically increasing recruiting efficiency and specific talent liquidity. Another consideration must be retention rates. Consider your cost of losing an employee. Determine your costs of attrition, especially in areas that generate and closely impact revenue. How significant and well cultivated is the pipeline to support these primary revenue-generating areas? What is it costing you to have key roles vacant? Does your organizational growth justify an in-house recruiting department and associated continuous costs such as compensation structures, advertising budgets, training, administrative costs, tracking systems, research resources, turnover, and other related overhead costs?
  • 2. Lastly, consider the costs of damage control and reducing the frequency of ineffective recruiting practices. Some ineffective recruiting practices include: - using multiple in-house and 3rd party search partners, blitzing the market for the same search effort - inadequate pre-screening - providing high volumes of resumes, opposed to only the top few who meet the highest % of the selection criteria - lack of establishing and maintaining an industry pipeline of resources and talent - lack of responsiveness from all parties involved - lack of prepared corporate materials for interviewed candidates - poor coordination of agendas, travel and accommodations for out-of-town candidates - lack of follow-up Careful consideration of the aforementioned can contribute to developing and sustaining a powerful, effective and quality recruitment effort for your organization. By: Kelly E. Persichetti President The Persichetti Group 740-756-1301 www.PGROUP.net kp@pgroup.net