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Employee AcquisitionEmployWise™ Employee Acquisition Module is a SaaS recruitment software that helps you manage the entire hiring process from requisition to job offers and helps you cut down hiring cycle-time, reducing the cost of hiring and building your employer brand equity. EmployWise™ makes it possible for you to get the best people into your organization and keep them there.Naturally, it integrates with all other EmployWise™ modules creating a seamless employee life cycle management system. Employee Acquisition or Recruitment is the first phase of the employee life-cycle. Hiring the right person is perhaps the most important responsibility of HR. A “bad hire” is not only a waste of hiring costs but also invariably leads to a quick departure affecting attrition rates and general employee morale. The process of recruitment today is about building and leveraging on the “employer brand equity”. This requires treating each prospective hire as an individual and ensuring positive experiences that lead to viral employer brand building.
Recruitment costs are one of the biggest elements of HR cost making it imperative for HR to exploit low cost hiring channels like company website, employee referral programs and campus hiring in addition to conventional hiring vendors or search firms.
Strategic employee acquisition also involves manpower planning, continuing to engage a suitable applicant in a dialog even when there is no vacancy, dealing with the millions of applicants, having a ready and updated database of candidates for positions, and so on. The sheer exercise of recruitment can be a logistical nightmare, leaving little room for strategy or planning. The answer to this is automation. Benefits to the Organization
Benefits to HR
Benefits to Employees and Managers
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