Know about Recruitment & Its Basic Terms

Recruitment

- Recruitment is the process of identifying, screening and hiring the most suitable candidate for a job vacancy. 
- The candidate might be hired internally or from external sources
- The process must be performed in timely and cost effective manner
- It can also be termed as a process linking the employers and the employees.

Sourcing

Sourcing is the process of finding resumes within the recruitment process. Sourcing refers to the initial part of recruiting (actually finding the candidates through a variety of methods.) Some recruiters perform the sourcing function through to placement; other recruiting professionals specialize in only one aspect of the recruitment cycle. Professional recruiters who specialize only in the initial procurement of names and candidates are called sourcers.

Recruitment process

The recruitment process tries to get the best manpower for the organization. It can be considered as the first strategic step towards the success of an organization.

The process consists of following major steps: 

- Identifying the vacancy
- Preparing the job specifications and description of the potential candidate
- Advertising the requirement
- Receiving and managing the applications
- Short listing the candidates
- Arranging the interviews
- Conducting the interviews and deciding on the candidate

Various internal and external sources of recruitment

There can be two kinds of sources of recruitment for organizations - Internal and External.