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Definition of Sourcing:

Sourcing, or Candidate sourcing is identifying top talent who possess the required qualifications, skills, interests, experience and recruiting/considering them for open positions in your company or your client’s company. They usually classify these candidates as active or passive, and approach them based on the urgency and need for filling the position. 

How is Sourcing different from Recruitment?

Sourcing is about identifying the right talent for your company and recruitment takes care of the entire process of screening, interviewing, selecting, hiring, and onboarding candidates. 

Candidate sourcing mainly involves working with various teams to understand their requirements and identifying candidates who match those requirements. Candidates are approached via Linkedin, Facebook and other channels to know if they are actively looking for a job. Whereas in the recruitment process, the primary job is to schedule interviews with interested candidates, collaborate with hiring managers, and provide timely updates to the candidates.

While candidate sourcing involves writing job descriptions, the recruitment process involves negotiating the hiring terms and salary with the candidates.

5 steps to sourcing candidates

Sourcing candidates is no rocket science, particularly when broken down into 5 easy steps. They are

  • Identify upcoming open positions in your organization. See the resigned employees leave a void that needs to be filled, or check with managers regularly to see if they need more employees
  • Have clarity on the job requirements and responsibilities. Maintain a good relationship with hiring managers and understand what they are looking for.
  • Identify top talent on multiple sourcing channels, reach out to them and learn if they are actively looking for a job.
  • Shortlist candidates who meet your requirements, in terms of qualifications, skills, experience and so on.
  • Once you are happy with the list of candidates, hand them over to the recruiters and hiring managers.