Hr Practice In Infosys
Recruitment Management System - Finding the ROI on Recruitment
Introduction:
I did mention in my previous write-up that recruitment is a challenging job in KNOWLEDGE based industry, whether it is IT or ITES/BPO or Service Industry. Also, in one of my earlier mails I mentioned about "Performance Management System", this time round, it is "Recruitment Management System". Did you ever felt the need of it? Every year, a company spends millions on recruitment, but what is the result?
"According to the Corporate Advisory Board of Washington DC, the cost of replacing staff can be anything between 50% and 175% of that persons annual salary and, as we are all aware, employees in the new millennium do not stay with a company for life as perhaps their grandparents did."
Before proceeding further, I like to share some facts about recruitment, probably known to you, in a survey it has been found that -
38% of organizations produce no reports on recruitment activity whatsoever and......
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Approximate Pages: 9 (250 words per double-spaced page)
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