Getting the Right Talent for your organization

Posted by PeopleStrong under Recruitment Process Outsourcing, Thought Leadership

Employer brand is generally viewed as synonymous to HR practices of the company and the ‘Best Companies to Work for’ 2010 study clearly indicates that work culture is amongst the top 3 factors. The study however also indicates that compensation is a parallel theme that runs with the employees.

We believe that good HR does get a premium on attracting better talent but not in terms of lower compensation of hires. Scenario in recession times though may be different as people would like to work for secure jobs!

“Leverage employer brand to get Better talent in door.”

Above statement is an end however the mean lies somewhere else. For instance the cost per hire will be impacted by HR processes, actions and programs that will reduce the sourcing and process costs. Therefore innovating ways of hiring like RPO (Recruitment Process Outsourcing) will enable effective and lower costs per hire.

Brand and right process will together get the right talent in the door and will facilitate cost improvements in hiring which does not mean hiring people at lower salaries but at a more effective cost.

-Pankaj Bansal, Co-founder and CEO