Should the same Yardstick Be Used while Recruiting?
Hiring & Recruitment has undergone tremendous changes in the past decade. Be it Technology, Process & Approach, Organizations have used all types of methods to source candidates for their recruitment & hiring needs incurring big bucks. However, there is one area which still needs improvement & consistency and that is in terms of Pricing. Can an MNC or SMBs pay the same cost for their recruitment needs?
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Hiring Industry though very structured & disciplined with Processes, Tools & Technologies however the same can't be said when it comes to hiring cost as Every Recruiter have their own set of rules about pricing, Some Recruiters work on CTC based model charging certain percentage of the Candidate CTC and some work on commission basis
1. MNC v/s SMBs - MNCs can easily pay the charges or perhaps a premium for Good Candidates with Good Education Background, Experience, Expertise etc. however the same can't be said about SMBs / SMEs considering their business needs and budgets & due to which, it becomes difficult for them to hire as they can't sustain such hiring cost for their hiring needs. Many industry estimates indicates most of the SMBs shutdown within few months of starting due to unavailability of Good resources v/s Salaries expectations unless very-well funded as most of the good candidates drop out due to salary expectations
This surely needs a change or perhaps consistency to streamline as it will enable SMBs / SMEs to Hire Talent as per their Hiring needs and Salary budgets to grow into Big companies
2. How to Tackle Such a Situation - Organizations across Industry Verticals should work together, collaborate, streamline and standardize average salary for candidates based on education, experience & expertise to maintain status quo for SMBs / SMEs to succeed or otherwise market conditions or recession will be the game-changer as MNCs are the first to initiate layoffs to cut cost which can help SMBs / SMEs to acquire talent willing to work for reduced salaries
THE SMART SOLUTION, SMARTLY BUILT FOR SMBs / SMEs
The idea behind HIRERER.com is to support SMBs / SMEs for all their Hiring & Recruitment Needs so they can reduce and minimize their financial overheads & focus on Business priorities.
We have Smartly Built Multiple Hiring Options considering that All Business are NOT the SAME and work on different level of budgets. Therefore the option of selective hiring [such as Non-Engineering, Engineering, IT etc.] along with Fixed Pricing with an End-2-End approach makes a WIN-WIN situation for Organizations partnering with Us!
Our Approach has always remains the same, Be it is a Small or Big Company, One or Many Requirements, We give Equal Importance to all our Customer's Hiring Requirements and moreover with access to Multiple Job Portals, Dedicated HR, Customer Support ensures that our Hiring Partner's are not left in lurch when they work with us!
THE HIRERER Advantage -
We bring extensive experience in the entire hiring process considering access to multiple Job Portals, Resume Databases including internal database to acquire the right candidate profiles list for shortlisting. We diligently follow the above candidate screening process to ensure finding the right talent to reduce the churn in the hiring cycle and more importantly, All this comes at a Fixed Cost.
THE CONCLUSION
SMBs/ SMEs partnering with HIRERER.com are at an unique advantage Vis-a-Vis the placement agencies. Access to RENT-A-HR model for defined period with the hiring expertise and access to multiple Job Portals, Low & Budget-Friendly Fixed Pricing along with Dedicated Customer Support to Fulfill all their Hiring Needs is hard to resist.
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