(i) Campus Recruitment:
Meaning: Campus recruitment involves an organization visiting educational institutions (colleges, universities, vocational schools, etc.) to recruit graduating students or recent alumni for various entry-level or specialized positions. It is a common practice for companies seeking to hire fresh talent with up-to-date knowledge and skills in specific fields.
Advantages:
Access to a large pool of talented and motivated graduates.
Cost-effective recruitment method, as the company can recruit multiple candidates from a single location.
Opportunity to build relationships with educational institutions and enhance the company's brand image.
Hiring individuals with relevant academic knowledge and skills.
Disadvantages:
Limited experience of the candidates.
May require significant investment in training and development.
High attrition rate, as some graduates may leave the company after gaining experience.
(ii) Recommendation of Employees (Employee Referrals):
Meaning: Employee referral is a recruitment method where existing employees of the organization recommend qualified candidates from their personal or professional networks for open positions within the company.
Process:
Advantages:
Cost-effective recruitment method, as it reduces the need for external job postings and advertising.
Higher quality of candidates, as employees tend to recommend individuals they believe will be a good fit for the company culture and job requirements.
Faster hiring process, as the company can rely on employee referrals to quickly identify and contact potential candidates.
Improved employee engagement and loyalty, as employees feel valued for contributing to the company's success.
Disadvantages:
Limited diversity in the candidate pool, as employees tend to refer individuals from their own social and professional circles.
Potential for favoritism or biases, as employees may recommend individuals they know personally, regardless of their qualifications.
Risk of creating cliques or conflicts within the workplace.
Dependency on existing employees, which can limit the company's ability to attract new talent from outside the existing network.
Identify the correct sequence in the selection process:
(A) Test, (B) Interview, (C) Reference check, (D) Job offer