SlideShare una empresa de Scribd logo
1 de 8
Descargar para leer sin conexión
FFFrrrooonnntttllliiinnneee
Innovative Hiring Practices
Organizations
EExxeeccuu
Dr. Cabot Jaffee
HHHiiirrriiinnnggg fffooorrr RRReeetttaaaiiillleee
Practices for Retail
uuttiivvee SSeerriieess 22001100
Dr. Cabot Jaffee, PhD
eeerrrsss
w w w . s t a r g t m . c o m Page 2
TALENT SCAPE IN THE RETAIL INDUSTRY
The retail industry in India is booming again after the slump that it witnessed during the global economic
slowdown. In fact, just two-three years ago, it was the most thriving industry in India with established players
expanding and new players setting foot in the retail industry in India.
Owing to this growth, there has been a spurt in the number of retail jobs in India. The hiring outlook in the
industry is again picking up with big players hiring people for
the new outlets coming up. There are various types of jobs in
the retail industry at all levels that one can join according to
temperament and interest.
Undeniably, the front-line sales or customer service staff that
is key to the success of any retail organization. The way sales
executives interact with the customers and convince them
about the products is quite important in closing a sale, besides
the worthiness of the product in itself.
For front-line positions, there is no specific educational qualification required. Right from a simple 10+2 pass to
graduate or an MBA, firms are hiring candidates for different sales jobs positions. What is most essential for
becoming a good retail sales executive is:
a. Ability to communicate well
b. Effective interpersonal skills and efficient communication skills
c. Pleasing personality
d. Presentable and congenial at all times.
Being at the front end, your staff have to deal with different types of customers and need to handle various
queries. Candidates from commerce, statistics, economics, business, communications and management
background are most preferred because they have a starter’s advantage over others. However, in the long run,
even people from other backgrounds can succeed in the retail industry owing to their ability to sell any
product or service.
With big names in the industry pumping in money in the retail industry, the number of opportunities in retail is
also bound to rise. The growth prospects in the retail industry are also bright.
w w w . s t a r g t m . c o m Page 3
INTEGRATED SOLUTIONS FOR RETAIL HIRING
Given the current state of the economy there is no reason why retail hiring goals can’t be met more cost
effectively. Yet, filling all your positions at the right time, with the right person for the right pay is a challenge
at times.
If the end goal is to hire all your open positions with qualified candidates in a timely manner, then
implementing an integrated recruiting and selection process is critical. The following document will discuss
basic recruiting and selection principles that can significantly improve your business results.
CHALLENGES IN RETAIL HIRING
EMPLOYER CHALLENGES:
- The challenge of sourcing from a large employable population that is dilute
in its size
- Clutter in identifying themselves as an employer of choice
- Processing large numbers of candidates can be very resource intensive
- If your process isn’t efficient, candidate friendly, and quick to make
decisions you will lose qualified candidates.
CANDIDATE EXPECTATIONS:
- Earning power and independence
- Instant gratification (feedback and interview as quickly as possible)
- Prospect for growth within the company
- Good work environment and lower process pressures
KEEPING UP TO DATE:
- Channels for candidates constantly change. The use of social networking and
web 2.0 technologies are changing the recruiting landscape at a very rapid
pace. Often companies can’t keep up with the pace.
- Company home pages and career pages are often old and/or outdated. The
use of simple forms to collect basic candidate information is inefficient.
- Securing web resources to maintain the careers section of the company
website is often difficult.
As a result of these challenges, companies are often overwhelmed by the options,
costs, number of resumes, tracking of data, responding to candidates, etc. This paper will provide a simple
framework that can help a retail companies meet its frontline hiring goals.
RECRUITING SOLUTIONS
While there is no single solution to address all issues companies face today there are numerous solutions that
will enhance an Organizations’ hiring success.
LARGER APPLICANT POOL
Based on 30+ years of assisting organizations with their recruiting and
Global Talent Metrics has found that
you a greater chance of finding more qualified candidates
process will lead to significant savings
processing a large applicant pool can be difficult.
FILTER CANDIDATES
Secondly, filtering candidates through
and scheduling future activities definitively saves an o
minimum qualifications and assessing the
accuracy.
INTERVIEW
Using the interview as the last step in the process allows the interviewer
have not been gathered through the assessment questions. This makes the process much more accurate,
more time efficient, and more cost effective.
Below are two charts that show how the content and technology can
INFO / GET INFO (CONTENT FLOW)
In today’s job scene candidates
information via social networks
Many candidates are only willing to give the organization
information if they get some information in return. So it is
crucial to develop content that not only gathers information
from the candidate but gives them easy access to
they are looking for—differentiate your company.
w w w . s t a r g t m
While there is no single solution to address all issues companies face today there are numerous solutions that
will enhance an Organizations’ hiring success.
assisting organizations with their recruiting and selection needs,
found that (all other things equal) a larger applicant pool gives
you a greater chance of finding more qualified candidates. And a systematic hiring
process will lead to significant savings for the organization. However, finding and
processing a large applicant pool can be difficult.
filtering candidates through a funnel by using technology to administer basic assessment questions
and scheduling future activities definitively saves an organization time and money. In addition, defining
minimum qualifications and assessing the candidates’ skills will statistically predict job performance with
Using the interview as the last step in the process allows the interviewer to focus solely on those aspects which
have not been gathered through the assessment questions. This makes the process much more accurate,
more time efficient, and more cost effective.
Below are two charts that show how the content and technology can be used to streamline the process:
TENT FLOW)
In today’s job scene candidates are always looking for
social networks and other virtual worlds.
Many candidates are only willing to give the organization
information if they get some information in return. So it is
crucial to develop content that not only gathers information
from the candidate but gives them easy access to whatever
differentiate your company.
t m . c o m Page 4
While there is no single solution to address all issues companies face today there are numerous solutions that
,
a larger applicant pool gives
nd a systematic hiring
inding and
ster basic assessment questions
rganization time and money. In addition, defining
statistically predict job performance with
to focus solely on those aspects which
have not been gathered through the assessment questions. This makes the process much more accurate,
streamline the process:
w w w . s t a r g t m . c o m Page 5
BUSINESS BENEFITS
By filling your positions faster with better qualified candidates—your company will benefit financially in terms
of real measurable rupees as well as intangible benefits. The intangibles are improved customer experiences as
a result of better hires and ultimately more spending in your stores.
These charts depict the current state of affairs for the average company looking to fill frontline staff (0-3 yrs)
for new store opening and your expected results by installing a recruiting and selection process detailed
previously.
SUMMARY
Frontline hiring for Retail in particular New Store Opening is chaotic and difficult to manage. To properly
recruit for these positions, you should look to cast a net on a wide audience of potential candidates. To do this
effectively, we suggest a refined, yet simple technology-based hiring process.
1. Minimum Qualifications - starts with establishing minimum qualifications and access a wide pool of
talent and systematically screen your prospects.
2. Assessment - Use a predictive behavioral assessment to accurately determine personality traits that
determine performance
3. Technology- Use technology to make the process more efficient by allowing candidates to gather
information via the Web, schedule for appointments via the web, and to ensure that recruiters are
only speaking with qualified candidates.
In summary we suggest that you set your expectations high and look forward to:
- Increased number of qualified job prospects
- Finding more currently employed prospects
- Minimum administrative burden to process high ratio of prospects to open positions
- Consistent evaluation of all respondents
- Extremely low cost per position filled
- Administratively simple
- Reduced time to hire
- Reduced turnover
- Increased bottom line
New Store Openings
Current State
(for most companies)
Attainable Results
Cost of resource acquisition (including
screening, advertising, hiring, training, etc.)
6,000 to 8,000 30%+ Decrease
Interview to Hire Ratio 10:1 7:1
Time to Fully Staff New Store Opening 6 to 8 weeks 3 to 5 weeks
Estimated Turnover 30% - 100% 30%+ decrease
Retail Industry Executive Series October 2010
Retail Industry Executive Series October 2010

Más contenido relacionado

La actualidad más candente

6 case studytahira longusuniversity of
6 case studytahira longusuniversity of 6 case studytahira longusuniversity of
6 case studytahira longusuniversity of ssusera34210
 
The Talent Measurement Effect
The Talent Measurement EffectThe Talent Measurement Effect
The Talent Measurement EffectMarie Jílková
 
The FIRM & IBM event THE FUTURE OF WORK IS HERE: Is the people function 'fit ...
The FIRM & IBM event THE FUTURE OF WORK IS HERE: Is the people function 'fit ...The FIRM & IBM event THE FUTURE OF WORK IS HERE: Is the people function 'fit ...
The FIRM & IBM event THE FUTURE OF WORK IS HERE: Is the people function 'fit ...Emma Mirrington
 
HR Mag Dec Jan Article P10
HR Mag Dec Jan Article P10HR Mag Dec Jan Article P10
HR Mag Dec Jan Article P10Annette Sleep
 
HUMAN RESOURCE MANAGEMENT EXTERNAL AND INTERNAL ENVIRONMENT
HUMAN RESOURCE MANAGEMENT EXTERNAL AND INTERNAL ENVIRONMENT HUMAN RESOURCE MANAGEMENT EXTERNAL AND INTERNAL ENVIRONMENT
HUMAN RESOURCE MANAGEMENT EXTERNAL AND INTERNAL ENVIRONMENT Ronit Kharade
 
Linkedin global recruiting trends report 2017
Linkedin global recruiting trends report 2017Linkedin global recruiting trends report 2017
Linkedin global recruiting trends report 2017Pierre Bernard
 
457. hr outsourcing & its challenges[mimt]
457. hr outsourcing & its challenges[mimt]457. hr outsourcing & its challenges[mimt]
457. hr outsourcing & its challenges[mimt]keshav10
 
Business Consulting Firm presentation
Business Consulting Firm presentationBusiness Consulting Firm presentation
Business Consulting Firm presentationHaruna Zinentah
 
Sitecore multi channel approach
Sitecore multi channel approachSitecore multi channel approach
Sitecore multi channel approachRob Vandereycken
 
Labour turnover and its impact on performance of banks in ghana
Labour turnover and its impact on performance of banks in ghanaLabour turnover and its impact on performance of banks in ghana
Labour turnover and its impact on performance of banks in ghanaAlexander Decker
 
Web 2.0 Talent Acquisition Strategies
Web 2.0 Talent Acquisition StrategiesWeb 2.0 Talent Acquisition Strategies
Web 2.0 Talent Acquisition StrategiesFrank Pacheco
 
P&S_2015_Salary_Guide[1]
P&S_2015_Salary_Guide[1]P&S_2015_Salary_Guide[1]
P&S_2015_Salary_Guide[1]David Ellis
 
5 ways to Streamline recruitment process
5 ways to Streamline recruitment process5 ways to Streamline recruitment process
5 ways to Streamline recruitment processAvlin Roy
 
New Economy New Rules | Redefining Staffing
New Economy New Rules | Redefining StaffingNew Economy New Rules | Redefining Staffing
New Economy New Rules | Redefining StaffingWonolo
 
Management Consulting Project
Management Consulting ProjectManagement Consulting Project
Management Consulting ProjectTanya Shulha
 

La actualidad más candente (17)

Synopsis of abhishek
Synopsis of abhishekSynopsis of abhishek
Synopsis of abhishek
 
6 case studytahira longusuniversity of
6 case studytahira longusuniversity of 6 case studytahira longusuniversity of
6 case studytahira longusuniversity of
 
The Talent Measurement Effect
The Talent Measurement EffectThe Talent Measurement Effect
The Talent Measurement Effect
 
The FIRM & IBM event THE FUTURE OF WORK IS HERE: Is the people function 'fit ...
The FIRM & IBM event THE FUTURE OF WORK IS HERE: Is the people function 'fit ...The FIRM & IBM event THE FUTURE OF WORK IS HERE: Is the people function 'fit ...
The FIRM & IBM event THE FUTURE OF WORK IS HERE: Is the people function 'fit ...
 
HR Mag Dec Jan Article P10
HR Mag Dec Jan Article P10HR Mag Dec Jan Article P10
HR Mag Dec Jan Article P10
 
HUMAN RESOURCE MANAGEMENT EXTERNAL AND INTERNAL ENVIRONMENT
HUMAN RESOURCE MANAGEMENT EXTERNAL AND INTERNAL ENVIRONMENT HUMAN RESOURCE MANAGEMENT EXTERNAL AND INTERNAL ENVIRONMENT
HUMAN RESOURCE MANAGEMENT EXTERNAL AND INTERNAL ENVIRONMENT
 
Linkedin global recruiting trends report 2017
Linkedin global recruiting trends report 2017Linkedin global recruiting trends report 2017
Linkedin global recruiting trends report 2017
 
457. hr outsourcing & its challenges[mimt]
457. hr outsourcing & its challenges[mimt]457. hr outsourcing & its challenges[mimt]
457. hr outsourcing & its challenges[mimt]
 
Types of research
Types of researchTypes of research
Types of research
 
Business Consulting Firm presentation
Business Consulting Firm presentationBusiness Consulting Firm presentation
Business Consulting Firm presentation
 
Sitecore multi channel approach
Sitecore multi channel approachSitecore multi channel approach
Sitecore multi channel approach
 
Labour turnover and its impact on performance of banks in ghana
Labour turnover and its impact on performance of banks in ghanaLabour turnover and its impact on performance of banks in ghana
Labour turnover and its impact on performance of banks in ghana
 
Web 2.0 Talent Acquisition Strategies
Web 2.0 Talent Acquisition StrategiesWeb 2.0 Talent Acquisition Strategies
Web 2.0 Talent Acquisition Strategies
 
P&S_2015_Salary_Guide[1]
P&S_2015_Salary_Guide[1]P&S_2015_Salary_Guide[1]
P&S_2015_Salary_Guide[1]
 
5 ways to Streamline recruitment process
5 ways to Streamline recruitment process5 ways to Streamline recruitment process
5 ways to Streamline recruitment process
 
New Economy New Rules | Redefining Staffing
New Economy New Rules | Redefining StaffingNew Economy New Rules | Redefining Staffing
New Economy New Rules | Redefining Staffing
 
Management Consulting Project
Management Consulting ProjectManagement Consulting Project
Management Consulting Project
 

Similar a Retail Industry Executive Series October 2010

How to shape the Procurement Workforce of the Future
How to shape the Procurement Workforce of the FutureHow to shape the Procurement Workforce of the Future
How to shape the Procurement Workforce of the FutureFerhat Uensal
 
Fundamentals of Recruitment Analytics Outline
Fundamentals of Recruitment Analytics OutlineFundamentals of Recruitment Analytics Outline
Fundamentals of Recruitment Analytics OutlineDan Meyer
 
Simply recruitment or-a_talent_filter
Simply recruitment or-a_talent_filterSimply recruitment or-a_talent_filter
Simply recruitment or-a_talent_filterGurprit Bains
 
jobvite_the_recruiting_funnel
jobvite_the_recruiting_funneljobvite_the_recruiting_funnel
jobvite_the_recruiting_funnelChris Bennett
 
Attracting & Retaining Demand Planning & Forecasting Talent
Attracting & Retaining Demand Planning & Forecasting TalentAttracting & Retaining Demand Planning & Forecasting Talent
Attracting & Retaining Demand Planning & Forecasting TalentLifeWork_Search
 
Ibf Global Prez Final 022511
Ibf Global Prez   Final  022511Ibf Global Prez   Final  022511
Ibf Global Prez Final 022511jbreault519
 
IT Club GTA - Working with IT Recruiters: Top Strategies in 2015
IT Club GTA - Working with IT Recruiters: Top Strategies in 2015IT Club GTA - Working with IT Recruiters: Top Strategies in 2015
IT Club GTA - Working with IT Recruiters: Top Strategies in 2015IT Club GTA
 
AIHR-Data_Driven_Talent_Acquisition_Guide.pdf
AIHR-Data_Driven_Talent_Acquisition_Guide.pdfAIHR-Data_Driven_Talent_Acquisition_Guide.pdf
AIHR-Data_Driven_Talent_Acquisition_Guide.pdfssuser02411f
 
Transforming the Supply Chain Function- Cary David, TK Elevator
 Transforming the Supply Chain Function- Cary David,  TK Elevator Transforming the Supply Chain Function- Cary David,  TK Elevator
Transforming the Supply Chain Function- Cary David, TK ElevatorFinance Network marcus evans
 
Making Payroll Pay
Making Payroll PayMaking Payroll Pay
Making Payroll PayRohan Geddes
 
ITM business barriers.pptx
ITM  business barriers.pptxITM  business barriers.pptx
ITM business barriers.pptxrajalakshmi5921
 
RecruitingKhanh K. NguyenCapella UniversityOctober 9, .docx
RecruitingKhanh K. NguyenCapella UniversityOctober 9, .docxRecruitingKhanh K. NguyenCapella UniversityOctober 9, .docx
RecruitingKhanh K. NguyenCapella UniversityOctober 9, .docxaudeleypearl
 
WHITEPER Relationship Based Recruiting
WHITEPER Relationship Based RecruitingWHITEPER Relationship Based Recruiting
WHITEPER Relationship Based RecruitingFadi Bishara
 
1Chesapeake IT Consultants2Chesapeake IT Con.docx
1Chesapeake IT Consultants2Chesapeake IT Con.docx1Chesapeake IT Consultants2Chesapeake IT Con.docx
1Chesapeake IT Consultants2Chesapeake IT Con.docxfelicidaddinwoodie
 
Ictc hr guide_module_i
Ictc hr guide_module_iIctc hr guide_module_i
Ictc hr guide_module_iSujan Dey
 
Slide share Institute for Quality Assurance London - QualityWorld Customer ...
Slide share   Institute for Quality Assurance London - QualityWorld Customer ...Slide share   Institute for Quality Assurance London - QualityWorld Customer ...
Slide share Institute for Quality Assurance London - QualityWorld Customer ...Dr. Ted Marra
 
Foursis E - corner - 23rd edition - 4th February 2019
Foursis   E - corner -  23rd edition - 4th February 2019Foursis   E - corner -  23rd edition - 4th February 2019
Foursis E - corner - 23rd edition - 4th February 2019Foursis Technical Solutions
 
Is Your Sales Hiring Process a Competitive Advantage?
Is Your Sales Hiring Process a Competitive Advantage?Is Your Sales Hiring Process a Competitive Advantage?
Is Your Sales Hiring Process a Competitive Advantage?James Yeagle
 

Similar a Retail Industry Executive Series October 2010 (20)

Recruitment consultant (hrm, slim)
Recruitment consultant (hrm, slim)Recruitment consultant (hrm, slim)
Recruitment consultant (hrm, slim)
 
How to shape the Procurement Workforce of the Future
How to shape the Procurement Workforce of the FutureHow to shape the Procurement Workforce of the Future
How to shape the Procurement Workforce of the Future
 
Fundamentals of Recruitment Analytics Outline
Fundamentals of Recruitment Analytics OutlineFundamentals of Recruitment Analytics Outline
Fundamentals of Recruitment Analytics Outline
 
Simply recruitment or-a_talent_filter
Simply recruitment or-a_talent_filterSimply recruitment or-a_talent_filter
Simply recruitment or-a_talent_filter
 
jobvite_the_recruiting_funnel
jobvite_the_recruiting_funneljobvite_the_recruiting_funnel
jobvite_the_recruiting_funnel
 
Attracting & Retaining Demand Planning & Forecasting Talent
Attracting & Retaining Demand Planning & Forecasting TalentAttracting & Retaining Demand Planning & Forecasting Talent
Attracting & Retaining Demand Planning & Forecasting Talent
 
Ibf Global Prez Final 022511
Ibf Global Prez   Final  022511Ibf Global Prez   Final  022511
Ibf Global Prez Final 022511
 
IT Club GTA - Working with IT Recruiters: Top Strategies in 2015
IT Club GTA - Working with IT Recruiters: Top Strategies in 2015IT Club GTA - Working with IT Recruiters: Top Strategies in 2015
IT Club GTA - Working with IT Recruiters: Top Strategies in 2015
 
metrics that matter
metrics that mattermetrics that matter
metrics that matter
 
AIHR-Data_Driven_Talent_Acquisition_Guide.pdf
AIHR-Data_Driven_Talent_Acquisition_Guide.pdfAIHR-Data_Driven_Talent_Acquisition_Guide.pdf
AIHR-Data_Driven_Talent_Acquisition_Guide.pdf
 
Transforming the Supply Chain Function- Cary David, TK Elevator
 Transforming the Supply Chain Function- Cary David,  TK Elevator Transforming the Supply Chain Function- Cary David,  TK Elevator
Transforming the Supply Chain Function- Cary David, TK Elevator
 
Making Payroll Pay
Making Payroll PayMaking Payroll Pay
Making Payroll Pay
 
ITM business barriers.pptx
ITM  business barriers.pptxITM  business barriers.pptx
ITM business barriers.pptx
 
RecruitingKhanh K. NguyenCapella UniversityOctober 9, .docx
RecruitingKhanh K. NguyenCapella UniversityOctober 9, .docxRecruitingKhanh K. NguyenCapella UniversityOctober 9, .docx
RecruitingKhanh K. NguyenCapella UniversityOctober 9, .docx
 
WHITEPER Relationship Based Recruiting
WHITEPER Relationship Based RecruitingWHITEPER Relationship Based Recruiting
WHITEPER Relationship Based Recruiting
 
1Chesapeake IT Consultants2Chesapeake IT Con.docx
1Chesapeake IT Consultants2Chesapeake IT Con.docx1Chesapeake IT Consultants2Chesapeake IT Con.docx
1Chesapeake IT Consultants2Chesapeake IT Con.docx
 
Ictc hr guide_module_i
Ictc hr guide_module_iIctc hr guide_module_i
Ictc hr guide_module_i
 
Slide share Institute for Quality Assurance London - QualityWorld Customer ...
Slide share   Institute for Quality Assurance London - QualityWorld Customer ...Slide share   Institute for Quality Assurance London - QualityWorld Customer ...
Slide share Institute for Quality Assurance London - QualityWorld Customer ...
 
Foursis E - corner - 23rd edition - 4th February 2019
Foursis   E - corner -  23rd edition - 4th February 2019Foursis   E - corner -  23rd edition - 4th February 2019
Foursis E - corner - 23rd edition - 4th February 2019
 
Is Your Sales Hiring Process a Competitive Advantage?
Is Your Sales Hiring Process a Competitive Advantage?Is Your Sales Hiring Process a Competitive Advantage?
Is Your Sales Hiring Process a Competitive Advantage?
 

Retail Industry Executive Series October 2010

  • 1. FFFrrrooonnntttllliiinnneee Innovative Hiring Practices Organizations EExxeeccuu Dr. Cabot Jaffee HHHiiirrriiinnnggg fffooorrr RRReeetttaaaiiillleee Practices for Retail uuttiivvee SSeerriieess 22001100 Dr. Cabot Jaffee, PhD eeerrrsss
  • 2.
  • 3. w w w . s t a r g t m . c o m Page 2 TALENT SCAPE IN THE RETAIL INDUSTRY The retail industry in India is booming again after the slump that it witnessed during the global economic slowdown. In fact, just two-three years ago, it was the most thriving industry in India with established players expanding and new players setting foot in the retail industry in India. Owing to this growth, there has been a spurt in the number of retail jobs in India. The hiring outlook in the industry is again picking up with big players hiring people for the new outlets coming up. There are various types of jobs in the retail industry at all levels that one can join according to temperament and interest. Undeniably, the front-line sales or customer service staff that is key to the success of any retail organization. The way sales executives interact with the customers and convince them about the products is quite important in closing a sale, besides the worthiness of the product in itself. For front-line positions, there is no specific educational qualification required. Right from a simple 10+2 pass to graduate or an MBA, firms are hiring candidates for different sales jobs positions. What is most essential for becoming a good retail sales executive is: a. Ability to communicate well b. Effective interpersonal skills and efficient communication skills c. Pleasing personality d. Presentable and congenial at all times. Being at the front end, your staff have to deal with different types of customers and need to handle various queries. Candidates from commerce, statistics, economics, business, communications and management background are most preferred because they have a starter’s advantage over others. However, in the long run, even people from other backgrounds can succeed in the retail industry owing to their ability to sell any product or service. With big names in the industry pumping in money in the retail industry, the number of opportunities in retail is also bound to rise. The growth prospects in the retail industry are also bright.
  • 4. w w w . s t a r g t m . c o m Page 3 INTEGRATED SOLUTIONS FOR RETAIL HIRING Given the current state of the economy there is no reason why retail hiring goals can’t be met more cost effectively. Yet, filling all your positions at the right time, with the right person for the right pay is a challenge at times. If the end goal is to hire all your open positions with qualified candidates in a timely manner, then implementing an integrated recruiting and selection process is critical. The following document will discuss basic recruiting and selection principles that can significantly improve your business results. CHALLENGES IN RETAIL HIRING EMPLOYER CHALLENGES: - The challenge of sourcing from a large employable population that is dilute in its size - Clutter in identifying themselves as an employer of choice - Processing large numbers of candidates can be very resource intensive - If your process isn’t efficient, candidate friendly, and quick to make decisions you will lose qualified candidates. CANDIDATE EXPECTATIONS: - Earning power and independence - Instant gratification (feedback and interview as quickly as possible) - Prospect for growth within the company - Good work environment and lower process pressures KEEPING UP TO DATE: - Channels for candidates constantly change. The use of social networking and web 2.0 technologies are changing the recruiting landscape at a very rapid pace. Often companies can’t keep up with the pace. - Company home pages and career pages are often old and/or outdated. The use of simple forms to collect basic candidate information is inefficient. - Securing web resources to maintain the careers section of the company website is often difficult. As a result of these challenges, companies are often overwhelmed by the options, costs, number of resumes, tracking of data, responding to candidates, etc. This paper will provide a simple framework that can help a retail companies meet its frontline hiring goals.
  • 5. RECRUITING SOLUTIONS While there is no single solution to address all issues companies face today there are numerous solutions that will enhance an Organizations’ hiring success. LARGER APPLICANT POOL Based on 30+ years of assisting organizations with their recruiting and Global Talent Metrics has found that you a greater chance of finding more qualified candidates process will lead to significant savings processing a large applicant pool can be difficult. FILTER CANDIDATES Secondly, filtering candidates through and scheduling future activities definitively saves an o minimum qualifications and assessing the accuracy. INTERVIEW Using the interview as the last step in the process allows the interviewer have not been gathered through the assessment questions. This makes the process much more accurate, more time efficient, and more cost effective. Below are two charts that show how the content and technology can INFO / GET INFO (CONTENT FLOW) In today’s job scene candidates information via social networks Many candidates are only willing to give the organization information if they get some information in return. So it is crucial to develop content that not only gathers information from the candidate but gives them easy access to they are looking for—differentiate your company. w w w . s t a r g t m While there is no single solution to address all issues companies face today there are numerous solutions that will enhance an Organizations’ hiring success. assisting organizations with their recruiting and selection needs, found that (all other things equal) a larger applicant pool gives you a greater chance of finding more qualified candidates. And a systematic hiring process will lead to significant savings for the organization. However, finding and processing a large applicant pool can be difficult. filtering candidates through a funnel by using technology to administer basic assessment questions and scheduling future activities definitively saves an organization time and money. In addition, defining minimum qualifications and assessing the candidates’ skills will statistically predict job performance with Using the interview as the last step in the process allows the interviewer to focus solely on those aspects which have not been gathered through the assessment questions. This makes the process much more accurate, more time efficient, and more cost effective. Below are two charts that show how the content and technology can be used to streamline the process: TENT FLOW) In today’s job scene candidates are always looking for social networks and other virtual worlds. Many candidates are only willing to give the organization information if they get some information in return. So it is crucial to develop content that not only gathers information from the candidate but gives them easy access to whatever differentiate your company. t m . c o m Page 4 While there is no single solution to address all issues companies face today there are numerous solutions that , a larger applicant pool gives nd a systematic hiring inding and ster basic assessment questions rganization time and money. In addition, defining statistically predict job performance with to focus solely on those aspects which have not been gathered through the assessment questions. This makes the process much more accurate, streamline the process:
  • 6. w w w . s t a r g t m . c o m Page 5 BUSINESS BENEFITS By filling your positions faster with better qualified candidates—your company will benefit financially in terms of real measurable rupees as well as intangible benefits. The intangibles are improved customer experiences as a result of better hires and ultimately more spending in your stores. These charts depict the current state of affairs for the average company looking to fill frontline staff (0-3 yrs) for new store opening and your expected results by installing a recruiting and selection process detailed previously. SUMMARY Frontline hiring for Retail in particular New Store Opening is chaotic and difficult to manage. To properly recruit for these positions, you should look to cast a net on a wide audience of potential candidates. To do this effectively, we suggest a refined, yet simple technology-based hiring process. 1. Minimum Qualifications - starts with establishing minimum qualifications and access a wide pool of talent and systematically screen your prospects. 2. Assessment - Use a predictive behavioral assessment to accurately determine personality traits that determine performance 3. Technology- Use technology to make the process more efficient by allowing candidates to gather information via the Web, schedule for appointments via the web, and to ensure that recruiters are only speaking with qualified candidates. In summary we suggest that you set your expectations high and look forward to: - Increased number of qualified job prospects - Finding more currently employed prospects - Minimum administrative burden to process high ratio of prospects to open positions - Consistent evaluation of all respondents - Extremely low cost per position filled - Administratively simple - Reduced time to hire - Reduced turnover - Increased bottom line New Store Openings Current State (for most companies) Attainable Results Cost of resource acquisition (including screening, advertising, hiring, training, etc.) 6,000 to 8,000 30%+ Decrease Interview to Hire Ratio 10:1 7:1 Time to Fully Staff New Store Opening 6 to 8 weeks 3 to 5 weeks Estimated Turnover 30% - 100% 30%+ decrease