Every company needs human resources in order to function properly. The utmost significance in an organisation is held by the employees who provide their service to the company in exchange for a salary. Placement consultancies play a massive role in providing staffing assistance to the organisations and businesses. Their role is crucial in the sense that they have to go through a time-consuming process in order to search for the perfect applicants.
Previously, companies would print their advertisements on newspapers for job seeking people who would attend interviews based on the information. This and a word of mouth was the only two ways of finding employees. However, this was a very slow procedure and the advertisements were only announced every once in a while. The growth in technologies has provided companies with a better means to look for perfect candidates and vice versa.
Job recruitment has become extremely efficient and effective ever since placement consultancies have been introduced in the market. Instead of publishing advertisements in order to address job openings, companies now hire these specialised placement consultancies or recruitment agencies. Having a right candidate for the job will always contribute to the success of the company.
Even though there is a question that always revolves around the worthiness of hiring these consultancies but liberation and globalisation is a clear proof that the market has evolved. Human resources are in demand now more than ever. Recruiting the perfect person who would be suitable for a specific job has never been an easy task. It is a challenge to this date which makes outsourcing this help from placement agencies all the more necessary.
The Expanding Responsibilities Of Placement Consultancies
The world of business cannot function without consultants to provide the necessary help. Every company from small enterprises to multinational corporations rely on these consultancies. Their expertise has been the source for demand. The staffing needs can be easily met in a very cost-effective manner which also saves time with the help of placement consultancies.
There are a few key steps that are followed by recruitment firms based in India who have to perform several tasks in order to provide the candidates to the companies.
- They must prepare the job description along with applicant’s specification.
- They must advertise this information using the right methods and means.
- They have to manage the response that they receive from the companies
- They have to conduct a prequalification procedure
- They will have to organise meetings
- They have to conduct interviews
- They must come to a decision
- They must proceed with the appointment process
The trend of starting placement consilience in India is growing day by day because they receive commissions from both ends. It is one of those business that will always be in demand and never fail with proper administration.
Setting up a placement consultancy is a very big responsibility as it has to uphold the aspiration and expectations of the candidates and provide cost-effective service to companies that have hired them.