Interns are temporary workers who fill entry-level positions in businesses. These workers may not be paid for their work, as the objective of an internship is to learn on the job and gain experience. The overall purpose of an intern recruitment plan is to increase the likelihood that a greater number of people will apply to an internship program and therefore fill open positions within the company. Even though an intern recruitment plan has benefits for a company, one takes time to create.
Outsourcing refers to the process in which an organization uses the expert services of a third-party to take care of its HR functions. Outsourcing firms develop their human resource pool by employing people for them and make available personnel to various companies as per their needs. In turn, the outsourcing firms or the intermediaries charge the organizations for their services. Outsourcing the human resource (HR) processes is the latest practice being followed by middle and large-sized organizations. Outsourcing lowers the overall cost of the service to the business and save a lot of its resources and time. It serves the purpose instantly as organization need not plan much for human resources.
Headhunting refers to the approach of finding and attracting the best experienced person with the required skill set. Headhunting involves convincing the person to join your organization. Due to their higher costs, headhunters are usually employed to fill senior management and executive level roles. Headhunters are also used to recruit very specialized individuals; for example, in some fields, such as emerging scientific research areas, there may only be a handful of top-level professionals who are active in the field.
Raiding or poaching is the process of ‘Buying Talent’ rather than developing it. It concerns the employment of a competent and experienced person already working with another reputed organization ( specially a competitor company). ‘A company can attract talent from another firm by offering attractive pay packages and other terms and conditions, better than the current employer of the candidate. Though it is considered much beneficial process, it is seen as an unethical practice and not openly talked about.
The social networks are extremely trendy recruitment source today. The recruiter does not post the job vacancy on the Internet job board, but the recruiter sends the message to selected professionals in the function and usually asks for forwarding the message to friend, who could be interested in such a job opportunity. Web sites such as MySpace, Facebook, and LinkedIn can be valuable venues for reaching specialized markets, especially when you need to hire college students and recent graduates.
Recently many organizations use Internet as a source of recruitment. E- recruitment is the use of technology to assist the recruitment process. They advertise job vacancies through worldwide web and the job seekers also send their application or curriculum Vita through email. The advantages of such recruitment are low-cost, no intermediaries and reduction in time for recruitment .