Showing posts with label HR. Show all posts
Showing posts with label HR. Show all posts

Wednesday, February 22, 2012

Employee Retention - Invest, Reward, Respect

The success of any budding or existing SME lies in its team of dedicated and productive employees working with it. As a management initiative, it is necessary to retain potential employees and reward them from time-to-time. A study has established that 62 per cent of SMEs face hurdles in recruiting and retaining staff over a period of time.

Invest in your employees

Often, companies invest in a wide amount of infrastructure to train their employees for better production and losing them because of a lack in retention skills can prove to be a big loss. SMEs especially need to prepare their HR processes to save themselves from losing valuable employees. Also, competitors do not hesitate in poaching potential workforce from other companies and may cause damage to the companies by offering their employees better incentives. 

Retain your employees with competitive wages
Competitive Wages
There are a number of ways in which an organization can retain their trusted employees. Paying competitive wages is one of the most important methods to hold existing employees. Also, providing your employees a reasonable amount of flexibility in their jobs can prove to be beneficial. A variety of benefits such as changes in schedule, fixed shifts, leaves for personal matters and family-supporting initiatives can also be crucial. Long-term employees need to be appreciated for their long service. Encouragement to them also proves to be a good example for other employees who realize that the company appreciates their commitments. Simple incentives such as health insurance, benefit packages could support them in making a decision to be with the original employer. It also offers the SMEs an additional advantage over the competition.

Respect your employee
Another key area in employee retention is respecting the employee and offering them space and support. Individualized work desks, promoting healthy relationships, and providing supportive trainings are some of the steps which can be taken by a company. Promoting interpersonal communication is also crucial for supporting existent and new employees. Various communication initiatives such as focus groups, attitude surveys, hotlines, etc. can help them in corresponding about their needs and requirements. A good employer must know what his employee wants. 

Make it transparent with your employee

Retention bonuses are another important step in retaining an employee. SMEs often face a lot of difficult situations such as mergers, acquisitions, financial difficulties, etc. It is vital in those times that companies release retention bonuses to support their employees and retain them. Also, it is better to release the amount over a period of time rather than pay it as a lump sum.

Managing a new hire
In worst cases, one may have to lose out on trusted employees and can benefit from new hires who would be more eager in their performance, would be cheaper to afford and can grow up to be a potential addition to the workforce. The only cons to a new hire would again be the question of reliability and standard requirements for training and nurturing which may take precious time of the employer. 

It is always difficult to find skilled workers and more so, in the times of a tough competitive market and financial meltdown. It always makes sense to retain one’s most effective workers.

Saturday, January 28, 2012

Imperatives of skill development

Human resources are significant for the growth and development of SMEs and they should be managed well. It is extremely important to provide good training to employees. Every company has its own standards and so training employees is inevitable.  To save time and money, companies often tend to compromise on training of workers. It’s time to take this routine practice through a test.

Get the Industry In
Institutes are busy training people according to academia. It is time the industry steps in to tell the academia what they really require. Industries are now coming together with private universities to see how they can come together to develop a talented workforce that is employable. This has been a challenge so far and the attempts being made are few and far between.
 
Training on the Job
All leading companies train their workers because it is the single-most effective tool that has no substitute. Recruitment of the workers for white and blue collared ones is especially important and companies need to ensure that they are absorbed aptly into the company. Recruitment should be taken seriously and skilled HR capabilities should be employed to ensure right people are employed. 

Remunerating Well
People should be paid well and in accordance with their ability and skills. This not only ensures that they do a good job, it also means people stay with the company for a longer time. Of course, it is important to ensure that the person being recruited has a nice reputation and a good past record. Standards of recruitment should be high and competitive individuals should be given the right opportunities.    

What’s the Big Difference?

Say a company has sources technologically advanced machinery, but if the workers are not skilled and trained properly then the machinery would lie unproductive. So training of the employees is a must. They should go through training to hone their skills and to improve their performance. 

Human resources are the most powerful investment for any company. The workers should be managed intelligently and work should be assigned as per their capabilities. They should be encouraged to perform well for better productivity for the company and greater success for the person. Dedicated and hard working employees should be rewarded and they should be promoted with time. The training method should be interactive so that the employees can share their problems with the head. 

Unskilled workers are the biggest hurdle for the growth of a company. Therefore, they should be trained to generate more output and to meet their targets in a minimum time. The skilled work force tends to be more efficient and thus contributes in a big way to the advantage of the firm. Good workers add to the reputation of the company. It should be kept in mind that the employees who are given a healthy working environment are your biggest assets. 

Intelligent management of human resources is the key to success. A team of experienced and new workers should be engaged so that the freshers can learn. The leader should have a positive attitude to inspire workers to perform better and to the best of their ability. Adequate channelizing of resources makes it possible to reduce wastage and to raise turnover. So, skill development is crucial for the success of SMEs and a must-do for a productive tomorrow.

Wednesday, December 14, 2011

Expert Speak: Mr. Ajay Wahi


Recruit for productivity, not for numbers

You will reap rich dividends if you follow this learning to the hilt. A SME needs people who think out of the box, are creative, and are perfectionists. For all critical roles, you need the BEST. So, unlike in large organizations where recruitments are conducted by the dozen, I believe SMEs should recruit only the BEST for critical roles, even if that means some delays in the recruitment process. Do not fall into the trap of recruiting people just to increase staff size. Also, do not rush into recruiting people with lower than required skills just for the sake of delivering products faster. A product made by the best person, even if delayed due to late recruitment, would pose far fewer challenges than an inferior product developed fast by virtue of recruiting quickly the less-than-best person.

Invest time to hire the best
Recruiting the BEST is not easy. You need to make time and put in effort to take multiple rounds of interviews to identify the BEST to whom you will finally offer the position. So the first step is to mentally prepare yourself, your executive team, and others who will be involved in the interviewing process for a number of interviews. Without this mental preparation, you will probably rush through the interviews, and end up selecting someone out of sheer need to select a person. The chances are that such a person will not be the best! And if you don’t get the best, how will your organization become the best?

Streamlining of interview process
Next, you need to streamline the interview process. Ensure everyone is clear about who will conduct the first round interviews, who will participate in the second round, and so on. Often in SMEs, I have seen HR asking the department head what is to be done with short-listed candidates! You need to have complete company-wide clarity if you are planning to take many interviews, so that each step automatically leads to the next one, till the BEST person is selected.

Constitute crisp evaluation criteria
With the interview process set, one needs to chalk out very clearly the evaluation criteria to shortlist/select a candidate. This ensures that the company does not end up taking innumerable interviews without selecting a single candidate. I remember once we had taken over 100 interviews for a mid-level position and still had not made an offer despite a year having elapsed. At first, I was happy that so many interviews were being conducted, since that meant we were trying to hire only the best, till I actually ran through the evaluation criteria, only to be shocked to learn that no one was clear about them! The result: most candidates were short-listed at the first stage, and they were all rejected at the next stage! I then convened a meeting of the HR and various department heads and supervisors. We brainstormed to come up with clear and coherent evaluation criteria, and bang! We short-listed the right candidates and eventually made an offer to the best one.

Diverse interview panel
Depending upon the role you are recruiting for, your interview panel should be broad-based, because if so many interviews are to be conducted, and only a limited few conduct them, the panelists would be overloaded with interviewing duties. So expanding the pool from which the interview panel is chosen not only reduces the load on interviewers, but also motivates others to be good enough to be empanelled, creating a sense of pride and importance. Let’s face it: if the interview process and evaluation criteria are clear and well defined, you can conveniently delegate the interview process to lower levels of the hierarchy.

Collaborative recruitment effort
You can achieve all the above provided your leadership team and other seniors are with you on this journey to recruit the best .Get them together and ask them one question: Would they like to lead teams of many normally-skilled employees, or would they prefer fewer BEST-skilled ones so as to boost the quality of their teams? Most would choose the latter, where high earnings can be distributed among a smaller team of star performers rather than amongst a larger team of average employees. Someone said: A person is judged by the company s/he keeps. That is true for companies too.

To sum up, get the entire organization to realize that for critical roles, it is best to select only the BEST. Then, standardize the interview process, decide on key evaluation criteria, broaden the interview panel, and see interviewers take pleasure in their ability to select the BEST, rather than viewing the interviewing process as a liability.

Caution
You need to correctly identify critical roles before you can apply this learning.
It may take a few weeks to spread this vision across all levels of the organization.

Sum up
The interview process can be delegated to lower levels of the hierarchy. This would speed up the process and enhance quality of the recruit. Employees take pride in their ability to select the Best candidate(s) for the job, and have a personal interest in seeing their recruit succeed.

The contributor of this article is Mr. Ajay Wahi, author of management books like 'and the award for the BEST SME of the year goes to...' and 'Get Noticed Get Promoted'.

He can be contacted at 9810027979 or awahi2010@gmail.com
 

Thursday, September 29, 2011

Expert Speak: Mr. Ajay Wahi

SMEs : Your time has come but only if you focus on your people

India will sparkle for the next many decades. Our time has finally come. From being considered a slow, closed economy for years, we are now viewed as one of the most promising countries globally. India is everywhere. No company in the world can succeed without an India office. Our people are more educated now, and they are more demanding than ever before. Our citizens now want the latest: the latest in technology, the latest in consumer goods, the latest in everything.

Indian Market: Huge Opportunity

And who will service the Indian market? The entire world will! All global companies, small or big, want to enter India. Sensing this huge business opportunity, millions will exhibit entrepreneurship, wanting to grab a piece of the huge cake that is the ever-growing Indian economy.

So far, it is the bigger players who have been at our service. But with millions of entrepreneurs entering the fray, it will be the small and medium set-ups (SMEs) which will flourish because they will propel the drive to quench India’s economic hunger. Whether these SMEs service large companies or the consumer directly, their success or failure will determine the degree of the country’s economic success. With high passion and a deep-rooted sense of belonging to a country whose time has come, these SMEs have every chance to succeed.  However, to succeed, the SMEs need lot of support and guidance on sales, finances, market penetrations, strategy, automation, IT, branding and finally on people.

Focus on PEOPLE

I highlight PEOPLE for one main reason: they are the common factor across all the above areas. It is people who conclude sales deals, who invent better machinery for higher production, who think and create strategy, and who create efficient processes. So if people are not happy, then the best of strategies is doomed to fail!
  
There is another reason why focus on people is very important. Besides the fact that they make things happen, people will gradually become a scarce resource. The time is not far away when people will have 100 options to chose from. And they will choose to work with you only if you have built for yourself the reputation of taking care of your people. This problem will be exacerbated by the mushrooming of SMEs which will create unprecedented demand for the limited skilled manpower we have in the country. As the icing on the cake, it is expected that in 10 years from now, all the advanced countries like US, Japan, Europe, and China will have either too many young people or too many old people. India, on the other hand, will have the largest productive population (24 to 45 years). And it is this productive population which will be sought after globally to fill up junior- and middle-level executive / managerial vacancies!

You may say 10 years is a lot of time - why bother about it? But building up a company takes time, and in the few years it will take you to build a reputation for yourself as a desirable SME to work for, you will find the 10 years considerably shortened. 

So, if you are running an SME, focus on people from today so that years from now when you grow even faster and want more people, these limited people choose to join you! 

And if you are part of the Government or a large corporate player or a reputed consultant or a effective trainer or an association etc, kindly do your bit to help out the SMEs on how recruit, train, retain people because they really need this guidance as they will succeed only if the can make people happy and productive. If their people win, they win and if they win, India wins.

The author of the article is Mr. Ajay Wahi, MD, Management Treasures Group and author of management books.

Thursday, August 18, 2011

The Top Hiring Strategies for SMEs

For Small and Medium businesses its an imperative to hire good quality talent. But talent comes at a cost and many a times SMEs get into a strong catch 22 on how to decide, who to hire and then follow a host of questions as to what exactly should be the job profile, how will you measure if it's a service oriented work profile, what should be the best salary to offer etc.

Not many SMEs can afford to have focused HR departments to help them in properly and methodically answering all the above queries. Many Small and Medium businesses fall into the catch of hiring, "not the correct" person for a profile that they have on offer.

The top hiring strategies which SMEs must take into account and methodically leverage while hiring for critical and key positions in the organisation are:

  • Set a particular time frame for your new hire to be on board
Many SMEs face this challenge where they are aware of their requirement of hiring someone, but they don't necessarily put a time frame to it. A proper timeline must be put through to ensure that they are being maintained to get new hires on board. Many a times SMEs get into this catch of waiting for just the right candidate and the right person never arrives. This also might just make the right employee which you want to hire go away because you took too long to make up your mind and hire. Many a times SMEs also are not fully prepared to hire. They might drop their plans mid-way, this impacts not just the company, but the reputation in the professional environment for the business.
  • Choose your top 5 sources from where you would like to hire
As a business you must quickly narrow down to the top 5 sources from where you think you would like to hire. This can be social networks, it can also involve a recruitment company to be working for you, you can also take references from your professional circuit. You must be very clear in your approach as to which are top 5 places that will quickly get you results. This will help you manage your hiring time effectively.
  • Make a clear Job Description
One issue with almost every job description given by an SME, until it is a manufacturing/ number oriented/ product unit job, i that the profile of the candidate i not done complete justice to, as many a times the job descriptions provided by the company does not sets and create the right expectations in the market. This affects the companies hiring process adversely.
  • Get employer feedback
For SMEs every employee is crucial. Every new hire affects the culture of the company in one way or the other, hence it is necessary for the employer to gather critical feedback about the prospective employee from their past employers. Its not just about doing a job, it is also about being the right fit for the company culturally as well.

Team IndiaMART Knowledge Services is committed to enable SMEs with tools, tips and techniques to help them reach up the value chain and hence achieve the next level of growth. For more information on how you can create new opportunities for your business, drop in a comment to this post and we will get in touch with you!

Monday, July 18, 2011

Hire Great Talent Through facebook for Free: Branchout

Many small and medium businesses are looking at leveraging the social media to its full potential to achieve various business objectives. While businesses understand the benefits of being on the social media, they do face challenge in setting the right business objectives and hence deriving the right results from their online initiatives.

One of the biggest challenges for any SME is to recruit the right talent from across the industry. Now facebook helps you do it for free.

Use Branchout on facebook
Branchout is one of the most popular applications on facebook which people are using to connect with each other while exploring their professional networks. You can explore more from your existing network. Example, if one of your friends is working in a company where you would like to work, you can always get connected and ask for help/ connects. Similarly you can recommended and refer someone for a suitable opening which you see at branchout!

How do I use BranchOut on facebook?
Its fairly easy. All you need to do is to install the application called BranchOut on facebook. Once installed you will be redirected to the following screen:


You can either browse through all the various Jobs/ Openings which people in your network have already posted and apply to them through these networks OR you can also post a job. There are both free and paid versions of this service.

How does it help my business?
In more ways than one actually. You can not only post a job for which you are looking to recruit a suitable candidate, you can also at the same time look at various jobs posted by competitors/ industry parallels and look at how they are doing.

How can I look for Jobs in my Industry?
All you got to do is to click on the "Jobs" tab on the top and you will be re-directed to the screen as shown in the screen capture below:


How do I post a job in my network?
The best part about BranchOut is that the moment you post a Job, it automatically gets shared with your network at BranchOut and not just that other people applying to it can also share it within their networks and hence you have access to a whole new talent base which previously you did not.

Posting a job is easy. All you need to do is to click on the "Post A Job" link on the top and you will be re-directed to the following screen as shown below:


Once you are done with posting your Job posting, simply click on the review Your Listing at the bottom and post a review, you will be able to publish your job listing to your network. The application smartly helps your business to reach out to a whole new network of interested people which you would not have had a direct access to previously. Also it helps you access your existing facebook network in a manner not possible before.

Team IndiaMART Knowledge Services is committed to create new opportunities or SMEs to grow. To know more about how you can leverage the internet and new media technologies, drop in a comment to this post and our team of experts will be happy to help!

Wednesday, May 4, 2011

Find the Right Talent for Your SME: Online

Finding the right talent for SMEs is one of the biggest possible challenges in India. Many a times this has been discussed over and over at various conferences and platforms, where the industry leaders voice out in the same line of thought, their concerns about quality talent being available in India.

Bigger Challenge for SMEs
SMEs in this regard face a bigger challenge. The top talent available in the market from various high quality institutions in India is grabbed by large companies at high remuneration packages and hence, generally SMEs are to make way innovatively with other institutions available, which also do produce good talent but it makes the process of talent acquisition all the more cumbersome for the SMEs.

Attracting the right talent again is a challenge for SMEs, as they might not have the required marketing budgets to propagate their messages to the relevant target audience.

Online tools come to help: naukri.com
There are many online tools and platforms which help both SMEs and large companies alike, in terms of reaching out to the relevant target segment online. Naukri.com as an example, has overtime built one of the largest possible databases of Jobs and CVs of people on the other. This database hence becomes absolutely relevant to the various recruiters and job seekers alike.

Example: As a small and emerging company if you wish to reach out to people interested in the marketing domain, you can simply login to Naukri.com and take a recruiters access from them to get access to a plethora of CVs which you can then connect with and get your next hires from.

This surely helps you save on time and being a small company, while you may not be able to have a focused HR department, the access to relevant CVs from interested candidates all across India will surely go a long way for you to quickly touch base with them and conduct interviews.

How do I do this?
For employers, Naukri provides the following set of services:

  1. Post jobs
  2. Access database
  3. Manage responses
  4. Buy online
Its fairly simple to reach out to thousands of relevant target audience for your job posting, all you need to do is create an employers login and post your jobs here: http://recruit.naukri.com/rCommerce/learn/posting


Branding solutions: powerful marketing tool for SMEs
For SMEs branding solutions online on Naukri are a powerful tool, as this helps them reduce down the direct cost of marketing and still be able to attract the right talent towards their organisation. 

Posting your vacancies and classifieds
As a growing SME, you can also register with Naukri for posting your Job vacancies and other openings in your organisation. The given are the quotes on pricing and various packages by Naukri.


You can also opt for the Resume database search to ease out your hiring process and be more effective and productive while looking at talent for your organisation. Naukri also offers free SMS services, as an add-on to help businesses better target their audience. Though all these services are priced, these are very effective and the cost often comes out to be far lesser as compared to traditional search.

There are many such online platforms available, which are benefiting the Small and Medium Enterprise segment. To know more, get in touch with the experts at IndiaMART Knowledge Services. Do drop in a comment to this post to let us know what else would you want us to share about!

Friday, February 4, 2011

How Coupons Can Increase Employee Loyalty for Your SME

IndiaMart Knowledge Services has always believed in helping Small and Medium Enterprises in India to leverage the best of the knowledge across the globe. This blog is our initiative to ensure that we bring to SME's the best knowledge, happenings and opportunities from across the globe! If you feel like asking a question/ query or sharing a viewpoint, please feel free to drop in a comment and our team of experts will get in touch!

Employee Loyalty is Crucial
Ask any emerging company and all will have the similar view w.r.t employee loyalty. Many HR personnel, entrepreneurs, businessmen have responded back to our surveys in which they have expressed the drawbacks which exist in their process of charting employee loyalty programs. Many say, team building exercises is what they rely upon. Others had their own versions of team gatherings, parties etc.

We went back to the market to actually understand the issue and look at innovative solutions for SME's which are cost effective and lasting!!

And wallah we found something interesting: Coupons!! YES!
YES! you heard it right! Coupons are the way to go. In the recent times there have been many new ventures which have been started by enterprising people globally which offer discount coupons.

And while we went ahead with our search, what caught our eye was how companies are using exclusive deals and discounts to motivate employees and chart new performance frontiers. For SMEs, this becomes a low cost and yet highly effective solution to motivate its employees.

Okay, I got it, but how does it work?
Its simple actually! You tie up with one of these exclusive coupon keepers and further tell your employees that you will incentivize their work with money with which they can shop for their favorite products online at exclusive discounts only available to them.

The coupon company will further integrate their backend technology system with your and create a micro-site which your employees can access over your intranet or otherwise. This micro-site will have all the products available to the employees on exclusive discounts, many of them which are actually not available in the market directly.

And to register/ tie-up with such a deals company, you don't have to shell out any money.

Are there companies doing it? How is the employee response?
There are many companies catching onto the concept, both large and small. The employees have actually shown good response towards the idea. What is also crucial for the employees is the fact that they save on time while shopping for their favorite products at exclusive discounted prices!

We wish more discounts and loyalty for your employees!!

Post by: IndiaMart Knowledge Services. To know more about such services, please drop in a comment to the post and our experts team will get back to you!

Tuesday, January 18, 2011

People Management: How Training Helps the SMEs

Human Resources doubtless are the most crucial part of any business. They are your first customers. Do we need to lay any more stress on the topic, when large conglomerates like HCL proudly announce: Employee First, Customer Second!

Right Talent: Critical for the Small and Medium Enterprise
Its the talk of the town, for every emerging business and let us clarify, not only for emerging businesses, but for every business, getting the right talent on-board is an absolute must. It is true and it stands that every business might have different views to the word "right", and each emerging business might have their own set of standards and expectations from their human resources, but its true and an absolute essential to have the right talent delivering your promise!

I don't believe in Right/ Perfect Talent, Do you?
There are many entrepreneurs who will voice out that they do not believe in something called the right talent/ perfect talent and that everyone evolves, learn and grow, well it is true! Learning is a continuous process and is a crucial part of anyone's existence.
In the enterprise set-up the learning and growth is defined as "training". Employees are trained to do what they are required to and also to achieve far beyond, what they are required to.

But how do we train? We don't have the budgets!!
Well, training in today's times is not a very difficult objective to achieve. Digital content and ways to archive content digitally has ensured that the process of training becomes scalable and far less time consuming. Also the digitized form of content can be easily accessed by anyone, anywhere and anytime.
Source: http://rphrm.curtin.edu.au/1998/issue1/vietnam01.png


But we want our people to be trained by the best in class!
Great, you no more have to fly your manpower all around the world. There are fantastic solutions like Webex and Skype with video chat facilities available, which require just a sound broadband connection in place as an investment in the infrastructure.

How do we reach out to such people? 
There are many different ways to reach out to such thought leaders:

  • Connect at SME focused events
  • Attend focused discussions supported by industry associations like NASSCOM, FICCI etc.
  • Leverage professional social networking platforms like LinkedIn
Learning can never stop, is it the same with training!
Yes! learning can never stop and same is the case with training. You must always ensure that your employees always maintain the zest of learning and creating new opportunities for your business.

For more information ask our industry Pro's about training needs in your organisation.

Wednesday, January 5, 2011

Getting the Right Talent for Your Small Business Almost for Free

Talent Acquisition is a major challenge for every business. For Small and Emerging businesses though, it poses as a major hurdle. Almost every conference that you attend or every entrepreneur/ business owner you speak with, they all voice the same concern in terms of acquiring the right talent.

But Why is Talent Acquisition Difficult - the challenges?!
Its not just about hiring people on board and increase the team size. For Small and Emerging businesses, hiring forms a critical aspect of their existence.
Its crucial for an emerging business to hire the relevant and right talent which adds real value to the organisation.

Every growing business faces different challenges, while attracting talent during different growth phases. While interacting with the leading SME's, some of the challenges we have come across are:

  1. Finding employees with the similar passion for work
  2. Finding employees with the right skill sets
  3. Matching compensation expectations
  4. Creating the right cultural fit
What Challenges are SMEs Facing With Human Resources?
Many of our partner SMEs across India have shared the challenges they have faced while hiring talent:
  1. Reducing Cost of Talent Acquisition
  2. Increasing Employee Retention and Engagement
  3. Employee Training - making every employee a Go To Market engine for the organisation
SME Empowered - How Can You Address These Business Challenges?
  • Reaching out to the right talent and Reducing Cost of Talent Acquisition
Both these business objectives can today be achieved easily and powerfully. Social Networking platforms like LinkedIn and facebook provide a fantastic opportunity for SMEs to connect with prospective employees.

There are many success stories of not only small but also large and established businesses, which are leveraging these online tools to reach out to prospective employees with powerful messages, while engaging them into the business vision and mission.

Large Companies Can Do it, But How Will You Do It?
Large companies have a strong brand recall and hence are able to attract good talent. Well yes, its true, but the trends are changing. We are seeing a shift in employment trends. There is good talent which is exploring new opportunities while working with Small and Medium businesses. This gives them the satisfaction of more responsibility while adding to their learning.

Eg: if you are an apparel retail company and are looking for people relevant to the domain, all you need to do is go to LinkedIn, and search on the top right search bar, for "Apparel Retail" and you will get all people in your immediate network and also in your extended network, relevant to the domain.

But How Am I Saving Cost?
Getting connected to a relevant individual on LinkedIn not only allows you to create a personal connect, but also explore opportunities. You are hence saving on:
  1. Time
  2. Money
While you are reaching out to the relevant target audience in lesser time, you are establishing a more personal connect and also, as in usual cases you may engage a recruitment agency or hiring to whom you pay the general norm of 8% of the annual salary or the first months' salary, you can now hire resources directly while cutting down on cost of talent acquisition.

On facebook, you can create a fan page of your brand/ company and start sharing interesting information and career opportunities with your organisation, which engages the target audience into your brand's conversation.

Eg: Accenture Hiring in India:

But How Do I Ensure Relevancy and Background of the Talent?
Firstly, you are getting connected to the relevant people in your targeted domain. Also you can search through the "recommendations" which a person you are targeting as your prospective employee. These recommendations are in the public domain and hence a strong check on the credentials of the talent.

To know more on solving challenges related to your Human Resources, drop in a comment to this post and our experts will answer back!!