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Recruiting
the right person for the right job is always a challenge,
and it's not getting any easier. The deluge of electronic
resumes and Internet job board postings has created a tidal
wave of candidates, many of them not qualified for the position
to which they are applying. While most recruiting still primarily
focuses on external candidates, Global 2000 companies are
increasingly recognizing that 're-recruiting' is the next
HR frontier.
Re-recruiting
is more than just hiring from within the company. It is about
creating an environment where employees feel they can readily
develop and advance their careers without leaving the organization.
However, most businesses lack the two key elements of creating
this atmosphere: they tend to have a poor grasp on their current
employees' skills and experience; and they have no sustained
process for sharing, fairly and consistently, all new job
opportunities with their employees.
This
means that too often, companies hire an outside candidate
to fill a position that could have been filled by a qualified
and motivated employee. Continually passing over qualified
internal candidates causes several problems. According to
data compiled by the Saratoga Institute in 2000, the external
cost of hiring can average over 50% more than recruiting internally.
Beyond the additional costs and extended time-to-hire associated
with external recruiting, passing over qualified internal
candidates can create morale problems, leading to unwanted
staff turnover and the loss of institutional knowledge and
skills when disenchanted employees leave an organization.
Ironically,
the lingering chilly economic climate is making the situation
worse in many ways. After a company suffers through successive
rounds of lay-offs, the remaining employees - often the cream
of the crop-- are handling additional responsibilities under
much more stressful conditions. These employees can become
de-motivated, unproductive and eventually 'flight risks.'
Companies can't afford to sustain the loss of these core employees
on top of the negative effects of downsizing.
How
can companies 'show workers the love' and make it clear that
their commitment to the company is reflected in the company's
commitment to them? With large businesses having thousands
of employees often located in dozens of countries, it's not
surprising that re-recruiting is proving problematic. The
technical challenges alone are daunting. Beyond the administrative
burden of dealing, in multiple languages, with different laws
and regulations from dozens of countries, organizations need
to be able to catalogue their internal resources on a global
scale and communicate opportunities effectively.
Fortunately,
new human resources technologies are developing to help large,
complex organizations meet this challenge. These new technologies
enable strategic workforce management (SWM), transforming
human resources and staffing functions from a tactical process
to a strategic consideration. These systems can work with
existing corporate communication networks - the Web and enterprise-wide
systems - to help companies build, change and manage workforce
deployment and acquisition. New technologies help specify
needs in job descriptions, find the right candidate for the
position and accelerate the hiring process. They help monitor
core competencies and thereby align corporate and individual
goals. In short, harnessing the power of SWM makes HR an essential
tool in achieving corporate vision and enables organizations
to better capture the talent in their internal, as well as
external, resources.
'Self-Service'
is a critical component of these new SWM solutions. It allows
current employees to take a more proactive role in managing
their careers. Rather than responding to an occasional internal
job posting, employees can use self-service functionality
to continually interact with managers and the recruiting and
staffing departments. Employees can create a live career profile
including their skills, experiences and career goals, updating
the profile over time to include recent training accomplishments,
work experiences and education. This invaluable skills inventory
enables HR professionals to leverage the power of their internal
resources. It can be used for workforce planning (what skills
will be needed in the future versus what skills currently
reside in the organization), as well as for identifying the
best internal match for a job requisition.
This
motivated involvement in personal professional development
and advancement leads to more fulfilled and satisfied employees.
In addition, companies can identify the successful career
path of star performers and set up career tracks for other
employees to replicate this successful process, all the while
saving the organization money as they are able to fill the
more senior or specialized roles with internal candidates,
relegating the costs of external hiring to less specialized
employees.
Re-recruiting
can become a core competency for companies if approached with
the right philosophy and the right technology. By maximizing
the potential of its current employees, a company can effectively
reduce the time-to-hire, increase both employee retention
and its reputation as an 'Employer of Choice,' and ultimately
boost productivity and the bottom line. Smart companies are
now taking the steps needed to make re-recruiting a key part
of their strategic workforce plan before the labor markets
tighten up again.
Nicole
Stata is the president and CEO of Westwood, Mass.-based Deploy
Solutions which delivers today's premier recruiting, hiring
and retention products that enable Global 2000 organizations
to attract and retain the top talent necessary to compete
in their core markets. For more information, visit www.deploy.com
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