3. INTRODUCTION
• The Process of attracting individuals in sufficient
numbers with the right skills and at appropriate
times to apply for open positions with in
organization.
5. Sources of Recruitment
•TRANSFER
•PROMOTION
•UPGRADATION
•RETIRED EMPLOYEE
•RETRENCHED
EMPLOYEES
•DEPENDENTS AND
RELATIVES OF
DECESSED EMPLOYEES
•PRESS ADVERTISMENT
•EDUCATIONAL
INSTITUTES
•PLACEMENT AGENCIES
•EMPLOYMENT
EXCHANGES
•LABOUR CONTRACTORS
•EMPLOYEE REFERRALS
•UNSOLICITED
APPLICANTS
•RECRUITMENT AT
FACTORY GATE
INTERNAL EXTERNAL
6. ADVANTAGES OF INTERNAL
SOURCES
• It is time saving, economical, simple and
reliable.
• There is no need of induction training
• It motivates the employees of work hard in
order to get higher jobs in the same
organization.
• It increases the morale of the employees.
• It reduce executive turnover.
7. DISADVANTAGES OF INTERNAL
SOURCES
• It prevents new blood from entering the
organization.
• It has limited scope because it is not possible
to fill up all types of vacancies from within the
organization.
• The position of the person who is promoted
or transferred will be vacant.
• Those who are not promoted will be unhappy.
8. ADVANTAGES OF EXTERNAL
SOURCES
• It encourages young blood with new ideas to
enter the organization.
• It offers wide scope for selection. This is
because a large number of suitable
candidates will come for the selection
process.
• There are less chances of bias or partiality.
• Here there is no need to maintain confidential
records
9. DISADVANTAGES OF EXTERNAL
SOURCES
• It is very costly. This is because
advertisements, test, medical examination
etc., has to be conducted.
• It is very time consuming. This is because the
selection process is very lengthy.
• It may not develop loyalty among the existing
managers.
• The existing managers may leave the
organization if outsiders are given higher post.
10. LATEST TRENDS IN RECRUITMENT
• Recruitment Technology(Mobile, Social media)
2.3 million in 2012 to 9.3 million in 2013.
• Workforce Analytics
• Social Hiring