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Few Quick Decisions & Cost Implications

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A very Recent recruitment experience as HR support one of the SME.

There are typically challenges across the Industry in recruiting people. The average of finalising people have rose from 1:10 to 1:20 with large organisations. It is more even in case of SME's. After you make a offer there are almost 30-40% drop rate at Top International Companies. That also has a major impact on SME's in hiring.

The CEO know that there is an opportunity and becomes agitated due to the delay in bringing in people and hence resorts to a quick decision. In one of the recent case where such decision has costed 2lacs and not able to get even a single person on board. The Advertisement decision was decided by the CEO and executed without consulting the HR Resources as he/she felt that the things are delaying. However, the result was that everybody spent time and not able to get the result along with the Monetory Loss.

At recruitment SME's can't go with the same advertisement like any other MNC's. The MNC's spend on Job Advertisement only for branding than recruitment. Which may not be advisable to an SME. SME's have to look at a cost effective method of recruiting List Job Posting(advantage is interested people only respond), internet groups etc.,

Its important every penny spent ought to have a Return and only then the growth is possible. No shortcuts to get success and hence the same for brining in right people to build your vision into reality.

Please do comment on the note.....

Thanks,

GR Reddy
Husys Consulting
HR Function Management Company ( HR Function Outsourcing Company)
www.husys.net
Husys House, Hyderabad.

Comments

  1. Pradeep SiwachMarch 1, 2008 at 9:01 AM

    I fully agree with your paper. Patience is the name of the game. Like an ergot you have to wait before striking at your target.
    Pradeep Siwach

    ReplyDelete
  2. GR ReddyMarch 13, 2008 at 9:56 PM

    Thanks Pradeep for your comments.
    The more demand now for making best of the processes and adhere to them would help SME's to grow in the country.
    Thanks,
    Regards,
    GR

    ReplyDelete

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