Challenges in Recruitment and Selection
HR sector has grown tremendously in the past few years The estimated size of the global market for human resource technology in 2021 was valued at USD 32.58 billion, and it is anticipated to increase at a CAGR of 9.2% from 2022 to 2031 to reach USD 76.5 billion (Source: GlobeNewswire)
The tremendous
growth in the HR sector increases the challenges in managing the heart of the
organization, the Human resource.
In this
article, we are going to discuss some of the challenges faced by HR and how to
overcome those challenges. We will take a look at the challenge based on some
of the main functions of human resource management.
Human resource management (HRM, or simply HR) is a
function in organizations designed to maximize employee performance in service
of their employer’s strategic objectives. (HRM in changing organizational
contexts, 2009).To manage it effectively we could segregate it into 7 main
functions.
- Recruitment and Selection
- Performance Management
- Learning & Development
- Benefits Administration
- Employee Records Management
- Compensation & Benefits Planning
- Employee Relations
Recruitment
and selection, one of the main challenges human resource personnel faces during
the modern competition.
What are the reasons why this task has become more difficult?
- With the rise
in competition in the global economy, companies try to recruit the top
talent in the market from the same talent pool. Due to this,it is
difficult to attract the top talent.
- Traditional job
market took a turn of events after the global pandemic, which started
significant changes in the job market. Currently this has shifted towards
more dynamic job market with the rise in remote working jobs.
- Companies are
more likely to perform better, when there is an employee portfolio
gathered from diverse environments. Even if the company could recruit from
diverse backgrounds, if the company fails to develop an inclusive culture,
it is difficult to succeed.
- Develop an
employee referral program(Jayanthi, D.M.A., 2017) – This is where suitable
candidates are selected based on the current company employees'
suggestions. If their suggestion is in line with the company’s
requirements, you reward them. Therefore through this method, you get
access to a larger market of qualified candidates which in turn gives HR
the opportunity of recruiting the best fit for the company while there is
tough competition in the market.
- Offer
competitive benefits packages – With the rise in the global economy, and
when recruiting from the same resource talent pool, the best way of
attracting vacancies is through a higher competitive benefits package for
the employees.
- Strengthening
the company brand (Collins, C.J. and Stevens, C.K., 2002).– This is more
of a strategic and long-term task where the company improves its brand
image through CSR projects, employee engagement activities such as having
sports days, celebrating women's day, interactive session from time to
time with higher management, etc. Updating company activities on social
media platforms on staff engagements directs a positive attitude about the
company by public which in return increases brand image.
The dynamic job market makes it an immensely difficult task
to recruit the right people at the right time to get the task done at the right
time. This challenge can be overcome by the above-highlighted methods. There
could also be methods where as a company we assure employee development through
how their career path will evolve, the importance of the selected career path,
sharing success stories of senior employees, and encouraging employee questions
to clarify any issue within the organization to move towards the company goals
and objective, likewise the list is much more.
References
Collins, C.J. and Stevens, C.K., 2002. The
relationship between early recruitment-related activities and the application
decisions of new labor-market entrants: a brand equity approach to recruitment. Journal of applied psychology, 87(6), p.1121. [Online] accessed on 18.03.2023
Dessler, G., 2016. Fundamentals of human
resource management. [Online] accessed on 19.03.2023
https://www.hrprofilingsolutions.com.au/blogs/aus-blog/what-are-the-7-functions-of-hr/
[Online] accessed on 19.03.2023
JAYANTHI, D.M.A., 2017. A study on the
effectiveness of employee referral program. Dostopno prek http://oaji. net/articles/2017/490-1507547991. pdf. [Online] accessed on 19.03.2023
Rihan, I., 1998. What is human resources
management. Erişim Adresi:
https://www. academia. edu/7775792/What_is_Human_Resources_Management_.[Online] accessed on 19.03.2023
This article not covering the essential modern challages in human resource management. Which digitalization and artificial intellenegt. These have significant affect on human resource management. Nowadays human resource managers are forced to adapt to digitalizations as it is making the decision faster and more accurate. What is your argument on the digitalization and artificial intellegent chllanages in human resource management ?
ReplyDeleteHi Azeem.
DeleteNot that all companies have the potential to adopt AI into HRM practices. There are medium and small scale organisations which follow the traditional method. Accordingly, the challenges discussed in the article are still being faced by such organisations.
Believe you have not covered all methods of recruitment and selection you find nowadays. For example finding prospective candidates from social media like LinkedIn. Also I believe that we need to discuss that HR personnel should not get carried away with the candidates academic qualifications only in the selection process. Should focus on the competency for the post. Observed that you have not discussed about the selection process keeping in line with the heading of the post.
ReplyDeleteThe article highlights the challenges faced by HR personnel in recruitment and selection of the top talent in a dynamic job market. The reasons behind the difficulty include the rise in competition and the shift towards remote working jobs. The article suggests that an employee referral program, offering competitive benefits packages, and strengthening the company brand through CSR projects and employee engagement activities are some of the ways to overcome these challenges. I agree with the article's recommendations as they align with the strategies proposed by scholars such as Jayanthi, D.M.A. (2017), Collins, C.J. and Stevens, C.K. (2002), and Lawler, E. and Boudreau, J. (2015), which emphasize the importance of a positive brand image and employee engagement activities in recruitment and retention of employees.
ReplyDeleteGood article Ashendra. This article covers the challenges that present HR faces. The companies competitive advantage plays major role in the recruitment , the companies are providing different benifit to keep the employees specially the highly skilled ones. I feel that it is important to the organization to develop the present employees.
ReplyDeleteGood Article, Ashendra.
ReplyDeleteAnother popular method to overcome the above mentioned challenged would be offering remote work option. This allows companies to access a larger diverse pool of talent, regardless of location.
What do you think?
Hi Great topic there will always be challenges to find the right person for a specific role and be able to retain them. People are looking for jobs that need more experience than they already have in greater numbers. Should HR executives demand experience or provide more training?
ReplyDelete