Some key factors that need to be taken into consideration:
The Stage:
- external hiring points available across hierarchy.
- prevailing attrition rates and causes.
- Exit interview data management
- Referal scheme for employees.
- Availability of Job Descriptions.
- Availability of a standardised candidate profile input data tool; for candidates
- Company brochure exclusively tailored for new comers.
- Availability of tests for preliminary screening.
- Availability of Hiring Quality Index
- Participation in any study during last one year.
- Availability of candidate data bank.
The Process:
- disclosure levels of employment details; extant and coverage.
- disclosure levels of Job description.
- disclosure levels of contract terms and conditions including salary bands etc.
- disclosure levels of hiring ethics, practices and equitable measurements.
- adoption of free recruitment practices.
- communication to disqualified/rejected candidates.
- Weightage to Interview within overall measurement index.
- F2F Interview panel composition and intrinsic scales applied.
- application of psychometric tests.
- medical and physical health screening.
- verification of antecedents, social behaviour verifications.
- verification from previous employers
- verification of qualification certificates
- verification of social networks
- verification of volunteering, charitable, social service works undertaken.
- on-boarding support and facilities extended.
- Collection of family details of the selected candidate.
Hiring Quality Index need to be developed to cover all the above, at Industry level, for employment markets can then be defined based on Industry's HQI, duly benchmarked.