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Definition of Recruitment:

Recruitment is the process of attracting, identifying, screening, interviewing, hiring and onboarding the best and most talented candidates. Right from understanding the manpower needs of the organization to the fulfilling the vacancies, recruitment takes care of everything. 

Depending on the size of the company, the process can involve multiple stakeholders. Some companies have separate teams that take care of each function such as designing recruitment strategy, candidate selection, interviewing, onboarding and so on. 
Recruitment process depends upon the following factors:

Designing a recruitment strategy: 

Designing a recruitment strategy helps you identify your recruitment targets and the methods you can use to achieve your hiring goals. This is done in alignment with the HR strategy and is an integral part of HR goals of the organization. Furthermore, it gives you a way to build a USP for your company in the job market. It lets you know what attracts talent, and how you can set your organization apart from competitors. It lets you open a creative outlet to attract and source talent. 

It also saves time and money since it eliminates the need to depend on external recruitment agencies to do the work for you. An HR recruiter would correctly know

How does Recruitment work?

Recruitment largely involves 5 steps:

What are the different types of recruitment?

Broadly, they are done in two ways; Internally and Externally. 

When done internally, you look for existing employees with the right skill set to fill vacancies in your organization. 

External recruitment includes:
Retained recruitment: In this case, the organization works with only one recruiting firm, paying them upfront to fill the vacancy. 
Staff recruiting: It is more of a short-term employment provider, that focuses on providing temporary employees. 
Contingency recruitment: Quite similar to Retained recruitment, except there is no upfront payment. They are paid only when the organization hires candidates coming in from the recruiting firm. 

How to recruit effectively?