Which Recruitment Fits You – Outsourcing, Internal Hiring Or On Payroll?

By Author: Krishna Yerra
Total Articles: 42
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Which Recruitment fits you – Outsourcing, Internal Hiring or On Payroll?

Recruitment is a process of screening, evaluating and welcoming a candidate on board. For companies who are looking to hire new employees, it is crucial for them to evaluate various parameters of recruitment. These could be - on-time joining, in limited budget, correct skill, relevant experience, long term stay of the candidate and many more.

This article talks about the various common forms of recruitment practiced in the industry. Till now, the world of recruitment has worked around two major forms of recruitment – Outsourcing the recruitment and handling the recruitment with internal team. But recently hiring on payroll has trended in the corporate world.

Outsourcing the Recruitment
Recruitment outsourcing is a process in which a company enters into a contract with a third party service provider for their hiring needs. These third party organisations are mainly known as – recruitment agencies, placement consultants or staffing solutions company. Their responsibility is to source the desired applications and forward them ...
... to the clients for further process.

This type of recruitment is most favorable in large and well established organizations, as they look for bulk hiring regularly. Recruitment Agencies are experts in closing large vacancies in lesser time and providing best fitting employees. The best part is, these agencies work on very competitive pricing and will provide a replacement in case an employee quits job within 3 months of joining.

Hiring with internal recruitment team
Internal recruitment process is where companies have a dedicated recruitment or human resource team. These employees are well versed with the vision and mission of the company and can co-relate with the potential of the candidate they are sourcing. Internal recruitment allows recruiters to communicate directly with the applicants and monitor their performance while in the process. It helps the employer to know the candidate better and can negotiate about the salary and other related things.

Usually, internal recruitment is applied among start-ups and SMEs. These small organizations will have very limited vacancies, and outsourcing the process might turn-out to be an expensive affair for them. They prefer to keep an expert recruiter or small recruitment team in-house.

Working on Payroll
Working on payroll is a very trending business prospect these days. Here the client enters into a contract with the payroll service provider to provide best fit employees for the desired role in the clients’ organization. The client will take the responsibility of training these employees.
Employees sent on payroll will be working for the client organization, but will be paid by their own company. If any employee fails to match the work expectations, the service provider will provide a suitable replacement in no time.

This practice has been observed in both small as well as large organizations. Small companies, because of limited work space, can prefer the payroll employees to work from their employer’s office; while large organisations prefer such employees to come and work from their office space.

How you can handle the above Recruitment types hassle free
Any of the above described hiring process can be seen practiced among the corporates. Recruiters are still putting efforts in manual and tedious hiring methods. But with the advent of new technologies, it is crucial for recruiters to be updated on how to workout a recruitment process. Thankfully online Applicant Tracking Systems are there for the rescue. With the help of such Recruitment Softwares HRs can connect with agencies to outsource recruitment, small companies can use job portals to carry out internal hiring in limited budget, and can connect with payroll service providers. For more details visit us: http://www.applicanttrackingsystem.co/