
Quick scaling International businesses have widened their geographic reach to tap into a larger talent pool. According to statistics, over 25% of tech organizations in the US, AU, and EU have employed remote workers from abroad, either through job boards, staffing agencies, digital hiring platforms, or recruiting agencies.
Working together with hiring partners can help you hire more quickly and provide assistance with applications and interviews. This hiring technique streamlines the hiring process for multinational corporations, especially when outsourcing certain positions, and helps to fill job vacancies without feeling overburdened.
7 Popular Types of Recruitment Methods
- Online job boards and professional networks
- Recruitment agencies
- Staffing agencies
- In-house recruiting
- Employee referrals
- EOR companies
- Hiring platforms
Following the creation of a thorough job description, your recruitment approach can include any one of the following hiring practices:
Online job boards and professional networks
Online job sites such as Indeed, Glassdoor, and LinkedIn are dependable sources of eligible applicants from their internal databases. To receive greater help (faster talent searching, devoted customer support, etc.), companies must sign up for their service and pay a premium.
Pros: A vast internal network facilitates the rapid sourcing of people, Simple to sign up and publish a job posting
Cons: There is no screening procedure to choose the best applicant, does not assist with monitoring the hiring process, Absence of payroll, compliance, admin, and onboarding assistance The talent’s profile might not be active.
Recruitment agencies
These companies use their large network of profiles to offer customized recruitment services. They search for profiles that fit your needs and help with the interview and selection of the best applicant. For their range of services, they typically use a freemium model, meaning that some are offered for free and others require a paid subscription, which could cost between 15 and 25 percent of an applicant’s yearly pay.
Pros: Assists in finding a lot of applicants and holds a first round of interviews before disclosing the talent’s profile.
Cons: No thorough screening procedure, unable to identify talent that is culturally compatible, Absence of onboarding assistance, Service fees may raise the cost of recruiting, Poor success in contacting inactive talent, use of conventional hiring techniques, lack of resources for verifying technical competence, and a high likelihood of discovering talent in the same area
Staffing companies
Staffing businesses are a reliable option if you need to swiftly assemble a sizable crew. These organizations also assist in locating temporary interns or freelancers. They have a simple screening procedure but do not thoroughly assess the technical and cultural components of the candidate.
Pros: Good for short-term needs; temporary staff can assist in achieving deadlines as you search for a permanent candidate.
Cons: Limited usage in locating independent contractors Not the best for assembling a distant team, No assurance of a suitable match
In-house recruitment
Big businesses frequently create an internal team to oversee the recruiting and talent acquisition procedures. The crew comprises recruiters who collaborate closely with HR specialists to comprehend the employment prerequisites. To provide a seamless transition of the talent with the organizational culture, this strategy also necessitates developing a seamless onboarding infrastructure.
Pros: Greater control over the hiring process; talent fits the company’s culture and values
Cons: Establishing the internal team and infrastructure requires a significant amount of time and resources. Lack of a data-driven screening procedure, protracted hiring processes, and higher overhead
Employee referrals
Employee recommendation programs are offered by many companies, allowing current workers to recommend contacts for available positions in exchange for a referral incentive. The main benefit of this approach is that it will save you a ton of time and work because the current employee will evaluate the candidate’s qualifications and cultural fit.
Pros: Finds qualified candidates by utilizing the networks of current employees; the prospect is more likely to fit in with the organization’s culture
Cons: Doesn’t ensure that the perfect profile will be found. requires using an incentive-based strategy to inspire current workers, the Possibility of discovering talent from the same area
EOR platforms
Employer of Record (EOR) systems assist recruiters with remote talent onboarding and payroll management. Without having any say in talent sourcing or vetting, they supervise hiring procedures (creation of employment contracts, tax compliances, etc.) and assist recruiters in adhering to local and international regulations.
Pros: All payroll data is presented in a single window with a clear breakdown, so the recruiter need not worry about the nuances of the applicable recruiting laws.
Cons: Doesn’t assist in locating talent that is a good fit for the company. lacks the proficiency to find talent
Hiring platforms
When looking to hire remote workers in offshore regions, several tech-enabled hiring platforms provide global firms with end-to-end hiring solutions. These platforms each have their unique areas of specialization; some assist in locating the top digital and tech talent, while others focus only on sourcing talent from a particular nation. These digital platforms offer help with payroll, IT and compliance, and applicant onboarding. They also have a network of highly screened people. The hiring support surpasses that of EOR companies by assisting over 10% of businesses with step 1 of the process, or talent discovery, which these hiring platforms provide for them.
Pros: If you’re wanting to hire full-time, offshore, contractual remote tech and digital talent, this model is the greatest option because it offers end-to-end hiring support.
Cons: It’s preferable to use full-time remote workers rather than independent freelancers for temporary work.
Step-by-step Hiring Process of Each Recruitment Method
Let’s go over the procedures involved in the aforementioned hiring practices and how long it takes to use them to fill an open position.
Professional networks and online job boards (Recruitment takes an average of 41 days.)
- A job posting on the professional network or job board
- Review the talent’s applications.
- Perform preliminary screenings, usually through video or phone interviews
- To learn more about the shortlisted candidates’ backgrounds, abilities, and fit for the position, set up in-person or virtual interviews.
- After giving every aspect considerable thought, select the best-qualified applicant.
agencies that handle hiring (average hiring process: 30–40 days)
- a briefing call to fully comprehend the requirements for hiring
- making use of its wide network of contacts to find possible applicants that fit the required profile
- putting candidates through preliminary screening, usually by phone or video interview
- Set up face-to-face or virtual interviews between the client and the selected applicants.
- Provide the client company with thorough personal profiles and evaluations.
- The choice of the best applicant for the job is ultimately made by the client organization.
employment agencies (45–60 days is the average duration for recruitment)
- talking about the hiring requirements of the companies, such as the job title, description, and necessary training and experience.
- To find suitable candidates for the role, use job boards, the network of candidates, and other resources.
- Candidates who satisfy the position’s minimal requirements are screened
- Check candidates’ technical proficiency during interviews
- Provide the firm with the qualified candidates’ profiles.
- A job offer will be extended to a candidate by the company if they show interest in it.
Internal hiring: The typical hiring process takes between 40 and 60 days.
- Finding a need for a new hire is the first step. This could be because to the need to hire more people, the creation of a new position, or the departure of an existing employee.
- The abilities, experience, and educational background of the perfect candidate are all specified by the recruiter when defining the job requirements.
- The recruiter uses a variety of professional networks to find applicants.
- Once a few profiles have been narrowed down, the recruiter does a preliminary screening to find eligible applicants.
- Interviews with the best-qualified applicants are the next stage.
- The hiring manager will then receive a hiring recommendation from the recruiter.
- The recruiter will negotiate and extend the job offer to the candidate if the hiring manager accepts the recruiter’s advice.
- The recruiter will assist the prospect with their onboarding into the organization after they have accepted the job offer.
Employee recommendations (average recruitment period: 29 days)
- Encourage current staff members to look for chances for referrals.
- Employees use an internal system to submit referrals.
- preliminary examination to verify the credentials and background of the applicant.
- the candidate’s in-person or virtual interview with the appropriate hiring supervisors
- Tell the current worker how their referral is progressing.
- Choose the applicant who best fits the job requirements and qualifications.
- Orientation and instruction for the recent hiring
- Acknowledge and thank the employee who recommended you for your assistance.
Employing websites (5 days is the average recruitment time)
- During a brief call, share the JD and talk about your choices.
- In a few days, the platform will offer the profiles that are best suited for you.
- You are under no pressure to hire the profiles you select for interviews.
- Following the interview, you select the best applicant to recruit, and the platform helps with post-deployment onboarding.
The Tipping Point: The Point at Which Common Recruiting Strategies Fail
- Finding the appropriate skills
- ensuring a quicker cycle for hiring
- Absence of a data-driven strategy
- A seamless post-onboarding assistance
We have gone over the fundamental concepts and procedures of seven well-known hiring practices, but there are certain gaps that they are unable to address. These factors determine your hiring tactics and need to be taken into consideration.
Finding the appropriate skills
Professional networks, job boards, and recruiting firms don’t go above and beyond to determine whether an applicant is indeed the ideal fit for your company. These techniques are useful for gathering applications, but in the end, it will take time and effort to assess each applicant’s qualifications. Even while you may rely on your staff to discover a cultural match, you still require assistance in precisely verifying the technical requirements for a position. Employing platforms such as
with their thorough screening procedure that effectively selects the best profiles, might assist you in this regard.
ensuring a quicker cycle for hiring
Because of how competitive the job market is right now, top candidates are typically employed in less than ten days. Nonetheless, it takes at least 30 days for the majority of the above-mentioned hiring practices to fill a position. To defeat well-resourced major corporations, startups and small to medium-sized businesses must select a flexible hiring partner. Facilitating a quicker hiring cycle to find and onboard the best personnel as quickly as possible is the aim.
Absence of a data-driven strategy
The best places to find a large number of applications are job boards, recruitment firms, and professional networks. In the end, though, it is your responsibility to select, interview, and integrate the best applicant. You require a system, such as an Application Tracking System (ATS), that maintains crucial data and monitors the employment process as a whole. A method like this will also free up your time from laborious chores, allowing you to concentrate on making decisions.
seamless post-onboarding assistance
To ensure a long-term partnership and to help the talent integrate into the business culture, onboarding is an essential component of your hiring process. According to a report, businesses that provide a positive onboarding experience saw an 82% increase in retention rates. Still, most hiring practices are adequate for finding candidates or setting up interviews. Selecting a talent deployment platform is essential for a successful hiring process.
Conclusion
India is currently the most popular country for remote recruiting, but it also poses a barrier for small and medium-sized enterprises. Searching such a large talent pool for the perfect fit with your company is challenging. For every job posting, hundreds of applications will be received, placing pressure on you to streamline the recruiting procedure and compile pertinent materials. When hiring remote talent from India, global recruiters typically employ external recruitment strategies to save time and money.
As you adapt to this evolving work landscape, make communication, trust, and the right technology tools top priorities to facilitate seamless collaboration with your remote team. By harnessing the power of remote talent, supported by the expertise of Appic Softwares, you can expand your reach, access global markets, and maintain your competitive edge in the dynamic world of business in 2024 and beyond.