10 myths of recruitment in india
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The document debunks ten common myths about recruitment in India, emphasizing that recruitment is predominantly a sales-driven activity rather than purely an HR function. It highlights the limitations of job portals and social media in securing employment and presents facts regarding the recruitment industry's dynamics and trends. Additionally, it discusses the realities of job market expectations, educational qualifications, and salary scales in the IT sector.
10 myths of recruitment in india
- 1. 10 Myths of Recruitment in India
- 2. Myth #1 Recruitment is a sideshow to the “serious” issues of the talent market 2
- 3. FACT #1 Recruitment Industry in India is 20,000 Crores large
- 4. And is making front page news
- 5. Myth #2 Recruitment falls under HR 5
- 6. Fact #2 Recruitment is 80% Sales. Only 20% HR.
- 7. 90% of a recruiters job is calling total Strangers at all times of the day offering Recruitment is 80% Sales. them a position. Sounds like Sales ? Only 20% HR. • Once a recruiter finds a good candidate, • He sells the Job to the Candidate and • He sells the Candidate to the Hiring Manager • Plain recruiters start with the Job Description. The Best recruiters start with a good candidate • The HR part only comes in when determining “fitment” 7
- 8. Myth #3 When a Jobseeker sends his resume to a recruiter it gets all his attention 8
- 9. Fact #3 Most recruiters resume management system looks like this.
- 10. Recruitment’s Dirty Secret Most recruiters resume management system looks like this. “When a candidate sends me a resume – he thinks it goes into a database. The sad fact is that it remains trapped in my Outlook” - 99% recruiters www.tps360.com
- 11. Myth #4 Social Recruitment is the Simplest way to recruit 11
- 12. FACT #4 : Social Media has millions of conversations – Blogs, Linkedin, Facebook etc. Too much clutter
- 13. FACT # 4 : Social Media Clutter • Social Media is an important new channel of sourcing. • Social Media can also enhance relationships. It does not however replace or circumvent the need for physical relationships • A Linkedin invite cannot replace a firm handshake, eye contact or a personal 2-3 minute conversation • How many of your Linkedin / Facebook friends do you really remember ? • Dunbar’s number claims that you cannot effectively handle more than 150 friends • A LION accepts all LinkedIn invitations. And this helps how ? • “Twitter Clutter” is an increasingly recognized phenomenon
- 14. Myth #5 Social Media will “redefine” recruitment 14
- 15. FACT #5 : We have been through this before. Job Portals were supposed to “redefine” and “dis- intermediate” the recruitment industry. Job Portals did become an important new channel for sourcing candidates but did not “Redefine” recruitment. Social Media will play a similarly important role.
- 16. Myth #6 I have put up my resume on several jobsites. I will surely find a job now. 16
- 17. FACT #6 : Only 13% of placements take place through Job Portals 17
- 18. Employee Referrals, Print Advertising and Recruitment Agencies are as important 18
- 19. Myth #7 An engineering degree is the path to success 19
- 20. Number of Engineering colleges and seats is expanding 20
- 21. FACT #7 : Enrollment is dwindling and number of vacant seats is as high as 30% in some states 21
- 22. Myth #8 IT salaries are the highest and rise the fastest 22
- 23. FACT #8.1 : Indian IT salaries are amongst the lowest in the world 23
- 24. FACT 8.2 : Salaries in IT Firms are stagnating 24
- 25. Myth #9 An MBA is a sure way to move up the career 25
- 26. FACT #9 : MBA degrees in India are high in supply and low in demand 26
- 27. Myth #10 Un-employment in India Will end in 2025 27
- 28. FACT #10 : Technology and Globalization have altered the equation between Capital and Labor. India will struggle as will the rest of the world. 28
- 29. About the Author Amit Saxena is a Recruiter with extensive running his own Recruitment Agencies in India and the Middle East. He also has extensive experience in Technology Consulting having worked for Sapient and Accenture. His Software company - Sambe Software (www.sambesoftware.com) is a leading provider of recruitment and full HRMS solutions for India and the Middle East. Sambe provides cutting edge tools and technologies to support the HR functions of Organization Design, Manpower Planning, Recruitment, Onboarding, Payroll, Employee Administration and Performance Management. Hi s passion is Recruitment 2.0 – using Social Media for Recruitment and HR functions. Follow Us BLOG : http://frogrecruiter.wordpress.com Website: www.elixtra.com, www.reJox.com Linkedin : linkedin.com/profile/view?id=3042474