The recruitment process is just like the backbone of any successful organization. Finding the right candidate needs a well-structured hiring strategy and process. HR professionals use various methods of recruitment in human resource management in order to attract employees effectively. Today in this blog let’s understand the types of recruitment processes, their benefit and let’s find out the best approach to finding the best candidate for your organization.Â
What is the method of recruitment?
The selection and recruitment process basically categorized into two main types.
1.Internal recruitment – In this recruitment process HR mainly focuses on hiring someone from within the organization. The process includes –
- Employee referral program – in this process the existing employees are potential candidates from their network.Â
- Promotion and transfer – The existing employees are either promoted to higher positions or transferred to different roles.Â
- Boomerang Employee- re-hiring the employees who left the company on good terms.Â
2. External recruitment – In this process the company hires new talents from outside the company. The process includes –
- Direct recruitment- In this process, the company posts job openings on websites and social media.
- Indirect recruitment – advertising job openings in newspapers and employment agencies.
- Third-party recruitment – By making partnerships with recruitment agencies and HRM platforms.Â
Types of Recruitment Methods in HRM
- Direct Recruitment method – It is a cost-effective and transparent way through which companies make recruitment without any third-party involvement. Companies advertise job openings on the job site on social media platforms.
Key features –Â
- Full control over hiring services
- No external fee is required
- Requires dedicated HR efforts.
2. Indirect recruitment method
In this method, employers use third-party platforms like agencies to attract candidates for the required job opening. Here are some of the examples of indirect recruitment methods.
- Job advertisements
- Employment agencies
- Campus recruitments
- Employee referrals
3.Third-party recruitment method
Companies take the help of external agencies to find the best candidate for their organizations.Â
Advantages:
- Access to a large number of candidates.
- It saves time on the hiring process.
- It can be costly depending on the agencies you choose.
Top modern methods of recruitment in HRM
- Social media recruiting – recruiters use social media platforms to post job openings. As per the reports, 90% of recruitment was done through social media in 2024.
- Talent pool database – HR professionals often maintain a proper database of past applicants for future hiring.
- Employee referral programs -It is the most effective and reliable method to hire the best candidate who fits best as per the company’s needs.
- Boomerang employees – Hiring employees who already worked in the company can save time on training and also save costs.Â
- Recruitment agencies – there are many agencies who help the companies to hire the best candidate.Â
- Promotion and transfers – in this process employees are given new roles boosting their retention and morale.
- AI-powered recruitment – companies are now switching to AI tools and HRMS software to filter out the candidates and pick the best fit.Â
How to pick the right recruitment method for businesses
- Define your needs – The first step should be to understand the skills and years of experience required for the role.Â
- Consider the budget – Second, define the budget the company is ready to spend on the hiring process. Then choose either direct hiring or a third-party recruitment method.Â
- Select the right method – if you are a start-up company then post on social media and take employee referrals. If you are an MNC then campus recruitment, job portals, and recruitment through agencies can help you.Â
- Advertise effectively – use job platforms and software for better reach.
- Screen candidates – taking interviews in advance helps you to filter out the unfit applicants and save you time.Â
- Make an offer – Provide an offer letter that includes details related to the job profile salary and other work benefits.
- Onboard employees – smooth onboarding helps employee engagement and retention.
- Evaluate the process – analyze the whole recruitment process regularly in order to improve the hiring strategies and plans.
Conclusion-Â
Choosing the right recruitment method is very important for the organizations. HR professionals should tailor the recruitment approach to the company’s job requirements, budget, and goals. And combination of direct and indirect third-party recruitment methods enhances the whole hiring process making a strong workforce.Â
If you are looking to optimize your hiring process then explore ZestNexus recruitment solution to find the best talent for your organization as it can help in long-term success.