Points Discussed • What is SME ? • About recruitment • Challenges faced by SME in Recruitment • What SMEs can do for Talent Attraction • What SMEs Can learn from BIG BOYS (MNCs) • Example
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What is SMEs • Small and medium Enterprises • SMEs in most part of the world means organization with up to 250 or 500 employees • As per Small and Medium Business development chamber of India - Small enterprise where the investment is More than 25 Lac to 5 Crore - Medium enterprise where the investment is more than 5 Crore to 10 Crore 23 March 2011 By: Sagar Ghenand 3 Recruitment • Process of searching for and obtaining applicants for job • Recruitment process said to end with the receipt of application • Examples: railway recruitment board Campus recruitment
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Recruitment process Personnel Job Employee Planning analysis Requisition T S O Recruitme C Job nt R vacancies Searching S planning Appl E Pote Activation E -Numbers icant E ntial “Selling” L -Types pool N hires -Message E I -Media C N Strategy T g developm I ent Applic O (Where, ant Evaluatio N how, popula n and when) tion control
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Challenges in recruitment • Lack of detailed job analysis which leads to ineffective recruitment • Don’t have pulling power to hire people with unusual skills • Don’t have separate recruitment staff and hiring manager • Can’t approach recruitment agencies • Not able to offer higher than average starting salaries and having ‘standard’ benefits/rewards
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Talent attraction • Employer branding – focus on key strengths such as “innovative”, “fast-growing” “regional exposure” • Communicating the corporate goals, vision, direction (for a more engaged workforce) • More growth opportunities – which is attractive to the younger workforce
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Learning from BIG BOYS • Buy v/s Grow • Well documented recruitment process • Recruitment in bulk • Managing real cost • Keeping cost down - Advertising the job online through job boards in newspapers, the company's website, or using word-of-mouth and references from trusted customers and suppliers can help keep the cost of recruitment down.
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• Do what the ‘Big Boys’ can’t - Small scale recruitment marketing campaign - Opportunity to climb up career ladder quite quickly - Exposure to broad functions and responsibilities in short span of time
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Example – SMEs in IT/ITES Recruitment strategy used by software product development company – By Mr. Nari -Recruit mostly fresher -Planning to hire experienced people when they will grow -Target only Tier -3 and Tier-4 colleges -Focuses on understanding of basic concept and how well candidate can apply them -Candidate having poor English communication but have understood basic concept well and done good in test company recruit them -Advertising the job online through job boards, in newspapers, using word-of-mouth and references from trusted customers
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Reference • http://nasscomemerge.groupsite.com/disc ussion/topic/show/103718 • www.wakeupcall.org/sme/defination_sme.p hp