11 Recruitment Strategies to Attract Top Talent
in 2024
Introduction
• A recruitment strategy is a plan of action outlining how
the company will acquire talent, including what methods
and tools will be used to achieve a pre-determined goal.
• A good example of a recruitment strategy starts with a
specific goal, like nurturing diversity in the organization,
details which recruitment methods will be used to meet the
goal, like remote and skills-based hiring, and includes
information on which tools are needed.
• There are many recruitment strategies out there, but some of
the most effective examples include building a strong
employer brand and talent pool, optimizing your sourcing
strategies and social recruiting, and putting diversity first.
• With Toggl Hire’s expertise in skills testing, you can optimize
your recruitment efforts and unlock the full potential of these
innovative recruitment strategies.
What is a recruitment strategy?
• A recruitment strategy is a well-defined hiring plan that outlines
the approach an organization chooses to attract, evaluate, and hire
people to fill their open positions – and can be used at any step of the
recruitment process. For example, you could develop a recruiting
strategy to boost candidate applications, or you could create one to
improve employee retention.
• To choose the best recruiting strategy, a company should
first identify its strengths and weaknesses – which parts of the
recruitment funnel are working and which need improvement – and
understand how the hiring process fits into its big-picture goals.
• 1. Work on your employer brand
• 2. Polish your ideal candidate profiles
• 3. Optimize your candidate sourcing process
• 4. Attract passive candidates
• 5. Put diversity first
• 6. Create a talent pool
• 7. Develop an employee referral program
• 8. Nail your social media recruiting efforts
• 9. Connect with graduates
• 10. Attend or host industry events
Attracting and recruiting the best talent
1. Broader Job Vacancy
2. Campus Recruitment
3. Be Flexible
4. Add Perks
5. Organise Competitions
6. Social Media Recruiting
7. Employee Referral
8. Shorter time to hire
Strategic trends in talent acquisition
• Recruitment Marketing
• Inbound Recruitment
• Employer Branding
• Candidate Experience
• Talent Pool
• Candidate Relationship Management
• Social Recruiting
• Recruitment Automation Tools
• Data driven Analytical Tools and HR Analytics
• Employee Referrals
• Talent Sourcing
• Collaborative Hiring
• Structured Interviews
• Strategic Alignment
Talent Acquisition Management
Solutions
• Employee Planning
• Sourcing, Recruiting, Interviewing, Hiring
• Performance Management and Employee Feedback
• Formal and Informal Learning
• Compensation and Rewards
• Career Development and Pathing
• Succession Planning and Leadership Development
HR Planning for Talent
Acquisition
• Identify organisational goals and understand the requirement
• Sourcing and Attracting the talent
• Recruiting and selecting
• Employee Retention
• Promotion
• Performance Appriasal
• Succession Planning
Evaluation of Plan affecting HR
Planning
• Type and Strategy of organisation
• Organisational Growth Cycles and Planning
• Time Horizons
• Environmental Uncertainties in Organizational Growth
Unit 3
• Scope of Recruitment and Selection
The scope of recruitment and selection encompasses all
activities, processes, and strategies involved in identifying,
attracting, assessing, and hiring the right talent for an
organization. It plays a critical role in ensuring that the
workforce aligns with the organization’s objectives and goals.
The process is vital for building a competent, diverse, and
engaged team that contributes to the organization's growth
and sustainability.
Sources of Recruitment
• Internal:
Promotions
Retirements
Former Employees
Transfer
Internal Advertisments
Advantages
• Motivation
• Cost efficiency
• Loyalty among employees
• Training cost saved
• Reliable and easy process
Limitations
External Sources of Recruitment
• Press Ads
• Campus Interviews
• Placement Agencies
• Employment exchange
• Walk-ins
• E-Recruitment (naukri.com)
• Competitors
Advantages
• New talent hired
• Best selection possible
• Perfect fit when existing ones don’t fit
Assessment Centers in Recruitment
• An assessment center is a structured and comprehensive evaluation method used in recruitment
and selection to assess candidates’ skills, competencies, and potential for a particular role. It
involves a series of exercises, activities, and tests designed to simulate real-life workplace
scenarios, enabling recruiters to evaluate candidates’ performance in a controlled environment.
• Assessment centers are especially valuable for roles requiring leadership, problem-solving,
teamwork, and decision-making abilities. They provide a holistic view of a candidate's capabilities,
going beyond traditional interviews and resumes.
Common Activities in Assessment Centers
• Group Discussions:
• Role-Playing:
• Case Studies and Problem Solving:
• Presentations:
• Aptitude and Psychometric Tests:
• In-Tray or E-Tray Exercises:
• Interviews:
Selection Errors and Minimizing
them
• Subjectivity
• Hasty decisions
• Lack of good information on candidates
• Untrained Management
Minimizing Errors
