Placement Consultancy Trends In India

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. 

  1. They must prepare the job description along with applicant’s specification. 
  2. They must advertise this information using the right methods and means. 
  3. They have to manage the response that they receive from the companies 
  4. They have to conduct a prequalification procedure
  5. They will have to organise meetings 
  6. They have to conduct interviews 
  7. They must come to a decision 
  8. 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.

Reasons To Hire Manpower Consultancy Firm

Qualified employees are the backbone of any business and organization. This is why every company has a dedicated human resource department that looks after the recruitment and well-being of the employees. However, finding the right candidate for a specific job can be challenging at times. Employers have realised the importance of hiring a good staffing agency or manpower consultancy for their companies. 

It is true that many companies rely on internal recruitment where a team from within the company helps in hiring candidates. Majority of them also believe that external manpower consultancy firms can bring better results as they are an agency who specialise in talent hunting and precise placement. 

Hiring a manpower consultancy firm saves vital resource, time and energy. Third party recruiting firms provide an unbiased opinion regarding candidates and concentrate on just the staffing business. They have the time to carefully analyse the resume and aptitude of a candidate very carefully before short listing them to the companies. There is a large pool of candidates due to the fierce competition and it is not always easy to select the best candidate in a limited time frame while also attending to internal company matters. Manpower consultancy firms are established for this very reason.

The basic advantages of hiring professional manpower consultancy firms are:

  1. These firms or agencies are expert in this field 
  2. These agencies provide service to both the candidates and the employers 
  3. They have a very good knowledge regarding the recruitment market
  4. They have access to the best talents in the industry 
  5. They help in saving a lot of time and cost invested by companies into staffing
  6. They can maintain complete confidentiality and discretion 

Candidates also find it easier to approach these consultancy firms in order to look for a job that suits them. This is why they receive every type of job seeking candidates along with their qualification information. After carefully filtering and assessing the applicants, they select the perfect company for them. Organisations also do not have to worry about conducting any kind of pre-screening process that will take up a lot of time.

An Effective Technique Of Getting Recruitment Assurance 

Applicants are short-listed beforehand and the companies can choose from that list of applicants. The desired type of candidate is pre-mentioned by the company and the screening and selection procedure takes place based on this information. Big manpower consultancy firms deal with a handful of companies at a time. This makes them available to all the rich insights of this industry.  

Minimising bad staffing in order to save cost is a very important task and this can be fulfilled by hiring specialised recruitment firms. One single mistake can become a financial burden on both small and big enterprises. This is one method of outsourcing help while concentrating on more important business activities. 

In a nutshell, it is the help provided by manpower consultancy firms to fetch and offer suitable employees from a large pool of applicants for companies and ending their recruitment hassle.