Know The Right Time To Approach HR Consultants In Kolkata

Almost every business owner in Kolkata, Ahmedabad and Bhuvaneswar is aware of the fact that taking care of their employees is a must if they want a successful business. This is simply because happy workers complete their job duties with more effectiveness. Approach a team of reliable HR consultants and they will maximise your productivity by ensuring your workforce’s happiness.

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If you don’t have a strong in-house HR department, feel free to outsource the task to some experienced HR consultants and enjoy lower turnover, enhanced revenue and more productive employees. Not only will the workforce become more efficient but even the morale of your employees will become higher. There are even a few warning signs indicating that you need to outsource your HR services.

5 Warning Signs You Need HR Consultants In Kolkata

• You Feel That Full-Time Professionals Are Expensive
If you don’t have sufficient budget to hire full-time professionals or feel that they are too expensive, just look for reliable HR consultants in Ahmedabad offering their services at a price which suits your budget. You can save money but outsourcing the task instead of hiring in-house professionals as you don’t have to pay them any salary, benefit, computer, software or office space.

• Your In-House HR Department Isn’t Efficient
Handling and managing your employees isn’t the only responsibility of HR professionals. They have to administer their payroll, planning, training, retirements, benefits and even do all those background checks. If you think that these skills are missing from in-house HR professionals, outsourcing the task instead of hiring a team of efficient professionals is easier and affordable.

• The Technology You Use Is Outdated
Every business owner knows how fast technology is moving nowadays and so they too need to adopt the latest technology and software if they want smooth-flowing HR processes. Staying updated with the latest HR software is both time-consuming and expensive, so approaching HR consultants in Bhuvaneswar using the latest technology is advisable. They even stay updated with the latest industry developments to serve you better.

• HR Processes Are Wasting Your Time
Though payroll management and administration of benefits are vital for businesses of every size, the processes are too time-consuming and don’t help your business earn much revenue. Nor can you handle all these responsibilities being a business owner neither hiring an employee for these tasks is a wise thing to do. Let HR consultants in Kolkata, Ahmedabad and Bhuvaneswar take care of these tasks while you focus on improving your business revenue.

• Errors Are Increasing And You Are Missing Deadlines
Even if your in-house HR professionals are efficient, they have numerous tasks to handle and so the chances of making mistakes are always there. Even a small mistake can make you lose your clients. You might even go out of business gradually if you keep on missing deadlines. When you outsource the task, the experienced HR consultants will shoulder the entire responsibility so you can have complete peace of mind.
Since you are now aware of a few warning signs indicating that you need to outsource your HR services, it’s time you start looking for reliable professionals.

How Psychological Assessment Helps Effective Recruiting

Hiring and training new employees can be an expensive process. To help keep turnover to a minimum, some companies employ psychological testing to ensure that potential employees are suitable before hiring them. Psychological tests, however, are not only used during the hiring process. Some companies use these tests to monitor the continued suitability of employees who have been on the job for some time.

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Purpose

The purpose of psychological testing is to make more informed hiring decisions. Many companies consult outside companies to give and assess these tests in an effort to keep the tests unbiased and to help guard against lawsuits. Psychological testing is used to determine, in particular, the ability of potential employees to work under stressful conditions and to assess the potential of a prospective employee to handle the job effectively under those conditions.

Benefits

The use of psychological testing can lower the risk of a company being sued, according to Mike Poskey of ZeroRisk HR, a company that specializes in strategies and solutions for greater employee retention. One reason is that psychological testing can help reduce the number of problem employees. Psychological testing can be particularly useful for jobs with a high-stress factor such as law enforcement, the medical field or firefighting because these tests can help determine a potential employee’s abilities to work under stress. Such screening can help a company hire more suitable employees and save on the cost of high employee turnover.

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Validity

No psychological test is ever completely valid or reliable. According to Dr Wade Silverman, of the Florida Psychological  Association, psychological tests are “as valid as standard medical tests” and are administered and interpreted by clinical and forensic psychologists. Even then, a proper psychological assessment requires a battery of tests given over time because one or two tests may be contradictory. With this in mind, the validity of tests administered in one sitting is suspect.

Legality

However, use of psychological testing by recruitment agencies may have legal implications, based on the country, state or area the organization belongs to.

Let us take the example of USA. Psychological testing is legal in most states in America, provided the tests are administered by a professional organization or a psychologist. Some states in the USA have specific privacy acts that prevent a company from forcing employees to participate in psychological testing. Terminating an employee who refuses a psychological test in one of these states could result in a lawsuit based upon a breech of privacy law. On the other hand, some states, including California, require psychological exams, particularly in law enforcement and similar fields. Since the Americans with Disabilities Act limits the use of tests by prospective employers, avoid using tests designed to reveal disabilities, particularly schizophrenia and manic depression. Such tests can lead to claims of discrimination based on medical issues.

Therefore, a recruiting agency for companies in India or in any other country is advised to check the law of the land before including psychological tests as a part of their HR process.

Trending Recruitment Practices in India & Road Ahead

The Indian economy is growing at an attractive rate. As a result, the demand for talented professionals is increasing across many sectors to deliver rapid and sustained growth.

Therefore, Indian recruiters will be facing significant pressure in attracting and retaining top talent. In fact, experts found that 79% of Indian organisations project increased hiring for 2016-17. This seems to be a critical time for Indian recruiters to evolve and be as innovative and nimble as possible. In this article, we have broken down the 5 key recruitment trends happening in India right now and some key actions Indian recruiters can take in this new landscape.

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Trend #1. Increasing Gap Between Hiring Volume and Budget

After a positive year with the gap between hiring volume and recruitment budget getting narrower, yesteryears saw this gap get significantly wider. This means Indian recruiting leaders must do more with less and invest wisely check out loanstip.co.uk. This finding from LinkedIn’s India Recruiting Trends report makes it all the more difficult for recruitment teams to overcome the obstacles associated with attracting top quality candidates from high-demand talent pools.

The disparity between volume and budget means recruitment teams need to use creative and cost-efficient ways to meet their goals. Some of the trends that follow are evidence of this, with more companies focusing on less costly channels such as employer branding and employee referrals so as to not break the bank.

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Trend #2. Quality of Hire

One of the key priorities for HR consultants in Kolkata for the foreseeable future is optimising ‘quality of hire’. According to LinkedIn, talent leaders believe ‘quality of hire’ is the most valuable performance metric to track hiring effectiveness. While the urgency to fill open positions led to ‘time to fill’ getting the biggest increase in attention over the past year, ‘quality of hire’ remains the most valuable key performance indicator for recruiters.

Common challenge recruiters face is finding the best way to measure this metric. And there seems to be no unified way to measure this, with Indian recruiters tracking ‘quality of hire’ in various different ways. Time to productivity, new hire performance evaluation and early attrition are all used to determine this success metric. Aligned with this, hiring manager effectiveness in identifying the best talent is a key enabler in optimising this metric. This means employers need to build the interviewing capabilities of hiring managers.

Trend #3. Employer Branding

With the increased demand for talent for many economic sectors in India, recruiters are beginning to realise the positive impact a well defined and consistently communicated employer brand can have in attracting top candidates. With senior leadership starting to take a keen interest in their companies’ employer brands, this is starting to grow as a big priority.

Almost every recruiting agency for companies in India believes that recruiters need to start building cross-functional relationships, specifically with marketing. This will help them in order to build attractive employer brands and gain a competitive edge. According to LinkedIn’s report, social media is on the biggest upward trend when it comes to employer branding tools, with traditional channels like LinkedIn and websites falling in popularity. Also becoming more popular is using employees as brand ambassadors who can help communicate a distinguished employer brand.

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Trend #4. Employee Referrals

Using employees as brand ambassadors is the perfect segue into the next big Indian trend: employee referrals. Employee referrals as a source of hire in India have grown in size and importance, especially in the last year. Reasons for this include the need to reduce cost per hire and getting access to passive talent that would be otherwise not available for recruiters. A big finding in the LinkedIn study was that India is leveraging employee referrals extremely well and that they actually lead usage in this across the world.

If an organization is not using employee referrals as one of its main sources of hire, it needs to start experimenting with this immediately as it is fast becoming a key trend in the Indian recruitment market. Recruiters may face some challenges in getting internal buy-in as well as developing one that incorporates current technology (digital and mobile) but these programmes can drastically improve candidate quality, quality of hire and employee retention. The organization should be sure to communicate to employees what they can expect from the employee referral programme and make sure to incentivise them with rewards.

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Trend #5. Analytics

Given that Big Data has swept into every industry and has become the key basis of competition and growth for enterprises of all sizes, it comes as no surprise that the integration of talent analytics and key hiring decisions is becoming a top priority. According to some experts, 65% of Indian companies now have dedicated team members for talent assessments, data analytics and technology.

That being said, many companies lack the ability to effectively crunch the data. Recruitment teams need to start building an in-house capability to drive data-based hiring by educating themselves on best practices, tools and techniques, as well as selecting the metrics that really matter. Glassdoor recommends some key metrics one can measure around the quality of hires, influence over hires, and retention, which should serve as a good starting point.

These are the 5 biggest recruitment trends that India recruiters need to look out for.

HR Interventions And Takeaways In The Light Of Demonetization

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Here’s a look at how HR intervention post demonetization can help in realizing the dreams and needs of workers in the face of cash liquidity problems. A brief about the short term measures and long term measures is given below.

Much has been discussed in Electronic, Social and Print media after demonetization. Many HR personnel have joined into the debate, which shows how aware they are about the various economic impacts and issues in India. However, what they missed was the effect on workers and the various steps to reduce the bad impacts. With HR interventions, these issues can be effectively dealt with. Find out about some of the HR interventions and takeaways in the light of demonetization.

Short term measures

  • It is important to engage with workers who know about, and are using, the full modern banking system benefits for restraining the haste in withdrawing money, as the situation can be managed for longer duration. By that time, the state of affairs can be eased.
  • Food coupons can be arranged by using Sodexo pass and more, which can be used for various purposes. These are accepted in most stores.
  • Collaborations can be made with local vendors for workers facing liquidity problems, and unable to purchase daily items. This amount can be retrieved from their salaries. The tie-up volume can attract discount in volume that can also help workers.
  • Corporate clients can influence banks to arrange easy dispensing of funds into the organization. This can help boost productivity, given that many workers rush to ATMs or banks to withdraw money and have to wait there for a long time. This would also help banks reduce commotion and disorder at ATM counters and branches.

Long Term measures

Modernization of the banking system is the future, and as a part of constant education of workers, HR personnel should take these steps:

  • Make workers tech-savvy. They have to do this to make workers aware of the advantages of the modern banking system. Workers who are using this system already can become leaders and facilitators of the change.
  • Helping workers open up bank accounts, especially assisting all blue collar employees.
  • Many employees, particularly the aged ones, prefer cash transactions. They should be taught how to use PayTM, Net-banking, Credit Card etc.
  • Using the services of contract laborers, which can remove the risks of larceny and improve compliance

It is possible to take a lot more of these actions, which can be ultimately for workers in encountering lesser issues. Rather than getting dazed by such situations, they can improve the monetary skills of workers, engage more of them and ultimately motivate and satisfy them.

Recruitment- A Deserving Career for Brilliant Professionals

Recruitment- A Deserving Career for Brilliant Professionals

People often want to know what the most exciting and impactful job in the corporate world is.   According to many experts, the most exciting and impactful job is recruiting.

It is full of excitement because every day a recruiter is in a head-to-head competition to attract top talents, and he/ she knows definitively within 90 days whether he or she has beaten the competition. The impact of a recruiter is twofold: first, a recruiter can literally change the life of an individual by placing them in their dream job, and second, a recruiter can effectively change the direction and the success of a corporation or a consultancy company with a single great hire in a key job.

Here is a list of the many reasons why one should consider becoming a corporate recruiter. This list might give some insight into why the recruiters are so passionate about what they do.

  1. A recruiter literally changes people’s lives —very few things in life have a bigger impact on an individual than landing or missing out on a great job. Because of that tremendous impact, most recruiters find it easy to maintain a high level of excitement and commitment to excellence. Incidentally, even though a recruiter cannot hire everyone, recruiters can certainly help improve the chances and the experience of every applicant by finding their hidden skills, by answering their questions, and by calming them down through educating them so that they feel comfortable and prepared for the rest of the recruiting process. Recruiters can even impact those who do not land a job this time by informally coaching them and helping them understand how they can better develop themselves, so that they will have a better chance of landing a job next time.
  2. Recruiting is No. 1 in business impact — research has shown that recruiting ranks No. 1, with the greatest bottom-line business impact on revenue and profit of any talent management function. Just like in sports, it is obvious to almost everyone that recruiters are making a difference when they successfully recruit top talent into the organization. In some cases, a single new hire who the recruiter brings in could create a major innovation or a new product worth millions. If a recruiter has the right skill set, he/ she can tweak his/her own recruiting process so that it also successfully presents and hires high-value diverse candidates and innovators.
  3. A recruiter will be the face of the company —the first and in some cases the only contact that applicants have with the organization. As a result, the recruiter will have the unique opportunity to represent the company and reinforce its image by treating them as they were a customer. As a “brand ambassador,” a recruiter also has the responsibility for spreading the word in person and on social media and the Internet about the factors that make the firm a great place to work.
  4. Employees and managers will be grateful — as a recruiter fills more jobs, the number of employees who will be grateful to him or her for helping them land their current job will continue to increase. Hiring managers will also be thankful that the recruiter helped to improve their team’s performance by finding and landing top candidates. As a result, most recruiters will have a large number of thankful employees and managers who are willing to do them a favor in return.
  5. If one has initiative, he can create new recruiting programs — in some organizations, heavy loads and a tactical focus by most recruiters means that most simply don’t take the time out to create new recruiting initiatives. As a result, if the recruiter, as an individual finds the time to discover or design new recruiting, technology, or metric approaches, he may be given the opportunity to develop and implement them, even though he is not yet a senior person. 
  6. The competition is exciting —Fiilling each job is a head-to-head competition that can be energizing. Every day recruiters are competing against recruiters who represent powerhouse firms like Google, Apple, and IBM. Most recruiters also find that discovering hidden talent is also exhilarating, as is successfully convincing top prospects having multiple choices.
  7. There is a clear winner — unlike in many fields, recruiting for a particular job has a clear beginning and ending point. As a result, after a top candidate makes their job choice, there is little ambiguity about the winner. In most cases, the result will be visible within 90 days. And even losing an individual talent competition, does not require a recruiter to wait long to get back into the game because another competitive recruiting opportunity will open up almost immediately.
  8. An opportunity to meet the best — if one likes to meet and interact with exciting people, recruiting allows him/her to meet and get to know hundreds of outstanding people and some innovators each month. In many cases, recruiters get to know these individuals in some depth because that is necessary if they are to fully understand their needs and to be able to successfully present them to hiring managers.
  9. An opportunity to interact with management — recruiters have the frequent opportunity to interact with hiring managers and executives in all levels of the organization. As a result, not only recruiters get to know them personally, they also see the quality of the recruiter’s work directly.
  10. Everyone will want to be your friend — because most people look for new jobs several times during their lives, almost everyone understands the value of knowing recruiters. As a result, many of the people who recruiters meet both in their businesses and private lives will want to maintain a relationship with them on the hope that they may someday help them find a job. They will also want a relationship in the hope that the recruiter will provide them with periodic help in improving their resume and their job search skills..
  11. Continually changing assignments — because most corporate recruiters handle a variety of different job openings, recruitersface a variety of assignments and challenges as different jobs open up. This variety can be challenging but it also keeps the job interesting and continually changing.
  12. Freedom and control — because filling each req has its own unique challenges, most corporate recruiters have a great deal of control over their work. That complexity generally means that the recruiting manager may provide the recruiter with recommended approaches but they seldom require that a fixed regiment is followed. This means that most recruiters have a great deal of freedom over their daily work, as long as they produce results. In many cases, remote work and contract work options are also available. For the best recruiter, the independence level is even more.
  13. Recruiting tools are continually evolving —Recruiting is exciting because it is probably the fastest changing field in talent management. Because of this rapid rate of change, recruiters constantly learn how to use new technologies and new communications approaches. This is in part because a recruiter simply cannot successfully recruit top talent without using the same advanced communications approaches that the top candidates have already embraced. Fortunately the recruiter does not need to return to school in order to update recruiting knowledge, because the best recruiters learn continually but informally on social media and the Internet. 
  14. No heavy entrance requirement — recruiting is an easy profession to join because there are no strict degree or certification requirements in order to become a recruiter. Many in recruiting come from a variety of backgrounds because the focus when selecting a recruiter is on their skills. And if one has those skills, he or she will find it relatively easy to sell him/her in the resume and during their own interviews with the recruiting manager. Entering into the subfield of college recruiting is even easier for recent grads because they are already likely to know the college job search process and in addition, they likely have empathy and understanding for what top college prospects expect.
  15. Good pay and job opportunities — as in any profession, the pay varies by company and region. However, technical recruiters can earn well. Contact recruiters are often paid well and external executive search professionals can earn hundreds of thousands per year.  In addition, recruiter positions are needed in all industries, so there are more opportunities available when job searching.
  16. You will have the best tools — if you work for a successful recruiting function, you will invariably have the latest equipment (i.e. smart phone, tablet, etc.) as well as an expense account for coffee and lunches with top prospects. If you are assigned to recruit at professional conferences or on college campuses, recruiting can also provide exciting travel opportunities.
  17. Becoming senior takes less time — even though recruiting is exciting, many in HR actually prefer the more predictable fields of training, development, and OD. As a result of this yearning, recruiting has a high “pass-through rate.” So if one sticks with recruiting as a profession it often takes much less time to reach senior or manager status then it would in other areas of HR.
  18. Being a recruiter means one will have excellent personal job search skills — a recruiter’s familiarity with the job search process almost assures that, should he/ she seek another recruiting job or a job outside of the field, he/ she will have a powerful resume, extensive contacts, and exceptional job search skills that should ensure success.
  19. At a top firm, recruiting is easier — for a recruiter working at a top employer-branded firm, the applicant flow will be so great that recruiting becomes more of a sorting problem. If the firm has a top-performing employee referral program, by finding and assessing top prospects, employees will do a lot of the recruiting work for the recruiter. Moreover, at top firms the recruiting processes are so well refined that they will guide even those with little experience to success.
  20. You’ll know right away if you are any good — unlike many fields, it does not take years of practice to become competent as a recruiter. In the same light, success being so obvious, a recruiter gets to know within months whether he or she has what it takes to become a good recruiter.

Even though this article focused on the many reasons why recruiting is such an exciting and impactful job, there are obviously also some drawbacks. The strongest drawback is that recruiting runs in spurts and there are some time periods where recruiting slacks off and a recruiter may find challenges in his or her own career growth. However, even during tough times, the very best recruiters still continue to grow, and especially those top recruiters who have a strong secondary skill like internal placement, outplacement, or technical recruiting.In some organizations, the loads can also be crushing during growth periods, but that is a factor that one should examine before accepting an assignment.

If after reading the above positive argument above (which is almost equally applicable for recruiters working with corporates as well as those with HR consultancies), one is still unsure about recruiting as a career path, he/ she can informally meet up with top recruiters at one of the famous recruiting conferences. It only takes meeting a handful of top recruiters over coffee to realize that they are among the friendliest, engaging, intelligent, and innovative corporate people one can ever meet. They almost universally love their job and the impact that they have.