The document discusses staffing and recruitment strategies at Wells Fargo India Solutions. It addresses defining staffing needs and capabilities, identifying current resources, projecting future supply and demand, and developing staffing plans to address gaps. The recruitment process involves demand planning, establishing a talent supply chain, recruitment operations, and measuring outcomes. Effective recruitment requires understanding job seekers, organizational attractiveness, and leveraging different sources like referrals, advertising, agencies and campus recruiting to attract candidates.
The document discusses staffing and recruitment strategies at Wells Fargo India Solutions. It addresses defining staffing needs and capabilities, identifying current resources, projecting future supply and demand, and developing staffing plans to address gaps. The recruitment process involves demand planning, establishing a talent supply chain, recruitment operations, and measuring outcomes. Effective recruitment requires understanding job seekers, organizational attractiveness, and leveraging different sources like referrals, advertising, agencies and campus recruiting to attract candidates.
The document discusses staffing and recruitment strategies at Wells Fargo India Solutions. It addresses defining staffing needs and capabilities, identifying current resources, projecting future supply and demand, and developing staffing plans to address gaps. The recruitment process involves demand planning, establishing a talent supply chain, recruitment operations, and measuring outcomes. Effective recruitment requires understanding job seekers, organizational attractiveness, and leveraging different sources like referrals, advertising, agencies and campus recruiting to attract candidates.
The document discusses staffing and recruitment strategies at Wells Fargo India Solutions. It addresses defining staffing needs and capabilities, identifying current resources, projecting future supply and demand, and developing staffing plans to address gaps. The recruitment process involves demand planning, establishing a talent supply chain, recruitment operations, and measuring outcomes. Effective recruitment requires understanding job seekers, organizational attractiveness, and leveraging different sources like referrals, advertising, agencies and campus recruiting to attract candidates.
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The key takeaways from the document are about staffing processes, recruitment strategies and interview techniques.
The different stages of an interview are introduction, middle, conclusion and assessment.
The different types of questions asked in interviews are open questions, probing questions, closed questions, hypothetical questions, behavioral event questions and capability questions.
Kalyan Vadrevu
Asst.Vice President - Recruitment
Wells Fargo India Solutions Staffing Staffing is a process where organizations can ensure that they have right number of people with right capability, in place at right time
Any approach to staffing will have : Defining the number (staffing levels) and types (capabilities) of employees who will be needed at a particular point in the future to implement plans effectively (often including how that staff should be organized and deployed); Identifying the staffing resources that are currently available; Projecting the supply of talent that will be available at that point in the future for which requirements have been defined (e.g., factoring in the effects of turnover, retirements, planned movement, etc.); Identifying differences between anticipated demand and forecasted supply; and Developing and implementing staffing plans/actions needed to close talent gaps and eliminate surpluses. Staffing Supply Now Supply Then Preliminary Gaps/Surpluses Demand Then Define Staffing Plans Final Gaps/Surpluses Staffing Plans Internal Movement External Transfers Voluntary Terminations Normal Retirements Salient points to consider Look staffing as proactive and ongoing process Staff cannot be simply supplied on demand War for Talent in Job Market Focus on issues may not be the organization Consider Tailoring process for each issue Keep plans separate, not consolidated Gather Data and keep analyzing Scenario Planning
Considering New Approaches `Instead of this Consider this Predicting the future Build a longer- term context for short-term decision making Addressing staffing as an implementation concern Address staffing from a proactive, Planning perspective Focusing on organizations and units Focus on issues Defining a one-size-fits-all process Tailor the process and parameters for each issue Including all positions Focus on positions where you need to be proactive or need time to react Consolidating plans Keep plans detailed, separate, and distinct Creating plans as a one time event (e.g., annually) Create plans in response to changing strategies, whenever change occurs or is discussed Creating reports and listings that describe what was Focus on planning and looking ahead to what will be Staffing Plans Internal Movements Skill / Knowledge Enhancements Career Development Programs External Hiring (RECRUITMENT)
the process of acquiring talent from job market Organization Strategy HR and Recruitment Strategy XYZ Company Mission and Vision Goals and Objectives Recruitment Framework
Lines of Business Demand Generation Recruitment Priorities Planning: Demand Supply Logistics Recruitment Metrics
Capture as much forecast information as possible Elicit and encourage quality in demand information Continuously update. Ensure accurate and timely information flow
What Supply Chain means to us Identify key measures of demand and supply flow Prioritized demand and supply channels Improve supply channels, evolve new channels Define supply goals and metrics Create, publish, continuously update the Target Reports
Operations driven by supply plan Adherence to agreed process Continuous measurement and improvement of cycle times In-process reporting, escalation, and correction DEMAND MANAGEMENT PLANNING SUPPLY OPERATIONS How do we measure ourselves Recruitment Metrics Quantitative TAT - By Level, LOB, Practice Percent within Cycle Time Goals Rate of improvement in Time-To-Staff Measure Interview Evaluation v/s actual performance
Cost Staffing cost per position, by level, account, practice Sourcing mix vendors, subcontractors, referrals Revenue realized, revenue lost
Recruitment Cycle Talent Acquisition Attracting Assessment & Selection Candidate Management Process Compliance Screening Scheduling Interviewing Selection Decision Level & Compensation Fitment Compensation Negotiation Expectation Setting Post Offer Follow-up Market Analysis Supply Chain Define Search Criteria Brand Building Sourcing Strategy Offer Reference Check Document Collection Background Verification On boarding CASE STUDY LEARNING OBJECTIVES Explain how overall HR strategy guides recruiting practices.
Explain important characteristics and search patterns of different types of people looking for jobs. Describe the characteristics of organizations that attract recruits. List various recruiting sources and be able to describe their strengths and weaknesses, as well as their linkage with strategic recruiting practices. Explain various approaches for evaluating the effectiveness of recruiting
STRATEGIC RECRUITING Employee recruiting is the process of identifying and attracting people to work for an organization.
A strategic approach to recruiting helps an organization become an employer of choice and thereby obtain and keep great employees who produce superior goods and services. Recruiting Strategies There are Two approaches used in business today. Broad scope, which represents a set of work skills that a lot of people have. Targeted scope, which represents a set of skills that only a few people have. Recruiting Strategies
Broad skill scope strategy focuses on attracting a large number of applicants. This approach makes sense when a lot of people have the characteristics needed to succeed in the job. The skills and Knowledge needed is very limited, trainable and tuned as needed.
Recruiting Strategies
Targeted skill scope strategy seeks to attract a small group of applicants who have a high probability of possessing the characteristics that are needed to perform the specific job. This approach is used when you are looking for a very limited number of applicants with a very specific or rare set of skills. Understanding Potential Employees Effective recruiting is understanding the needs, goals, and behaviors of people searching for jobs. There are three types of people looking for work: people entering the workforce for the first time. people who have been in the workforce but are currently unemployed. people who are currently employed but seeking a different job. New Workforce Entrants When do most people enter the full time workforce? When they graduate from schooleither high school or college. Their job search goes through several stages. The First Stage is determining what openings exist, what qualifications are necessary, and how to apply. The Second Stage focus is on finding out specific details about particular jobs.
Unemployed / under employed work force The second group of potential job recruits consists of people who have been in the workforce but are currently unemployed. Organizations recruiting people from the unemployment ranks benefit from seeking out and encouraging people who have been laid off from other jobs to apply for openings. Workers Currently Employed Some of these individuals are actively looking for new jobs. Others are not looking but are open to a move if a good opportunity arises. People who search for alternative jobs while still employed tend to be intelligent, agreeable, open to new experiences, and less prone to worry. Passive Seekers and Active Job seekers Organizational Attractiveness The following is a listing of general characteristics which attracted applicants to organizations. Familiarity / Brand Compensation and benefit programs Job Content Recruiting activities Organization Culture Familiarity Organizations with a strong brand image thus have an overall advantage when it comes to recruiting. Their efforts to advertise their products and services provide them with a good reputation that helps them attract potential employees. They dont need to spend time and resources helping people become familiar with them. Efforts to create an image as a generally desirable place to work are very important for less well- known companies Compensation and Organizational Traits People like organizations which pay competitively and; Offer better and more flexible benefits. Greater opportunities for advancement and higher job security. Organizational Traits People like working for organizations which have positive reputations such being friendly, sincere, kind, and trustworthy. Another organizational trait is innovativeness. People want to work for innovative organizations because they think their work will be interesting and fun. A third desirable trait is competence. People want to work for an organization that is successful Recruitment Sources Organizations use a variety of sources to find job applicants. Some sources, such as referrals from current employees, are relatively informal. Other sources, such as professional recruiters, are more formal. Some of the various sources are as follows: job posting, employee referrals, print advertising, electronic recruiting, employment agencies, and campus recruiting. Factors that Influence Job Recruits Job Posting Job Posting uses the organizational internal communication channels to inform current employees about job opening and promotional opportunities. Today organization uses the company web site and email to notify employees of employment opportunities. Employee Referrals Employee referrals occur when current employees get their friends and acquaintances to apply for positions. Referrals are thought to have at least four primary strengths. First, obtaining job applicants through referrals is a relatively inexpensive method of recruiting. Second, referrals are quicker than many other forms of recruiting. Third, people hired through referrals tend to become better employees who are less likely to leave the organization. Fourth, current employees become more committed to the organization when they successfully refer someone. Print Advertising Employment advertisements are a major part of almost all newspapers. People who are looking for employment often search daily for work opportunities by reading the help wanted section of a newspaper. An advantage of newspaper advertising is thus the potential to reach a very large number of people for a relatively low cost. Newspaper advertising works particularly well for the broad recruiting Electronic Advertising
Uses the internet, to send recruiting messages. Popular websites such as: www.Monster.com www.careerbuilder.com
Increasing effectiveness of online recruiting Source: Information from Jeff Stimson, Recruiting Via the Web, The Practical Accountant 37, no. 7 (2004): 2630. Campus Recruiting
Campus recruiting focuses on working with specific colleges and universities to recruit graduating students. Organizations that recruit successfully work hard to build a strong reputation among students, faculty, and alumni. Relationships are built through activities such as giving talks to student organizations and participating in job fairs. CASE STUDY
Thank you Kalyan Vadrevu Asst.Vice President - Recruitment Wells Fargo India Solutions Application Tracking System Integrated, automated process of staffing which captures entire work flow.
Enables users to switch from the traditional, manual excel based methods of recruitment.
A simple, user friendly, effective business solution, which takes care of entire recruitment process, enabling Business Managers, Agencies, Recruiters, and candidates simultaneously.
Help generation of reports and analysis
Helps in HR in achieving greater customer satisfaction and candidate satisfaction. ATS Process Flow FEATURES Web enabled software. Can be installed and operated from anywhere. Completely customizable applications. The multiple web sites can be linked Solutions available in service model and as a software product
MODULES Candidate Module Recruiter Module Hiring Manager Module Agency Module Administrator Module FUNCTIONALITIES Resume Management- Potential candidate can visit your website and can submit their resumes, which will be stored in the software. Client Management:- Business development team can enter the client details and also the client position requirements. Position Management:- Assign the position requirements to your recruiters with dead lines.
Recruiter Management Recruiters can MAP the requirements with the candidate database BULK upload all your existing candidate resumes Calculate billing information of your clients Get proper MIS reports Task Management Tool Can allocate selected open positions to Agencies CANDIDATE MODULE:- Add profile Provide basic information Primary qualification details Technical Qualification skills Skill Details Company experience details Skill experience details Submit open resume Submit resume against a job (posted by admin) View status ( Updated by Recruiter)
ADMINISTRATOR MODULE Log in (User Name and Password) Change Password Add Candidate- Individual CSV Upload (Bulk) Manage Clients- Add/ Edit/ Delete Manage Requirements- Add /Edit/ Delete Manage Recruiters- Add/Edit/Delete Assign Position- Add/ Edit/ Delete Manage Fields- Add/ Edit/ delete Manage Users- Add/Edit/Delete View Billing Info View MIS Info
RECRUITER MODULE Log in (with individual username and password) Change Password Task Management To- do List- Candidate joining CV forwarded Open position Add candidate- Individual CSV Upload (bulk upload through an excel sheet) Manage Requirement- View Search Profile Advanced search Map Requirements Update Candidate Status (Call, Sent for interview, Telephonic Round Taken, Closed etc) MIS- Automatically created but recruiter needs to submit it)
ADMINISTRATOR MODULE Log in (User Name and Password) Change Password Add Candidate- Individual CSV Upload (Bulk) Manage Clients- Add/ Edit/ Delete Manage Requirements- Add /Edit/ Delete Manage Recruiters- Add/Edit/Delete Assign Position- Add/ Edit/ Delete Manage Fields- Add/ Edit/ delete Manage Users- Add/Edit/Delete View Billing Info View MIS Info
Thank you
any question.??
Evaluating Job Interviews SELECTION DEVICES What is Selection? A process of gathering information about a candidate Matching the information against standards/expectations Measuring the gap Evaluate if the gap is acceptable Decide on selection / rejection / hold
INTERVIEW AS A SELECTION DEVICE Most popular device despite its limitations Nobody likes to admit that he cannot interview properly. Its basic advantage is that it enables observation of non-verbal behaviour. What aspects can be assessed well through Interview? WHAT CAN BE ASSESSED WELL THROUGH INTERVIEW? - Social Skill- Ability to get along well and create a good impression. - Motivation - Motivation to work/change the job etc - Fit - Culture fit, Chemistry, Organizational fit, THE RIGHT TYPE. - Mental agility - Quick thinking/ Presence of mind. - Job knowledge-Specific knowledge needed
OBJECTIVES OF INTERVIEWING To predict future behaviour and job performance To get a personal feel of the candidate To provide information to the candidate To persuade good candidates to accept your offer and join the company. To create a good image of the organization
LIMITATIONS
Interviewers make up their minds before the interview Interviewers make up their minds quickly Interviewers go by first impressions. Interviewers look for reasons to reject Every Interviewer goes by his own theory INTERVIEWING-PRINCIPLES Interviewing involves gathering information Information about past behaviours can help in making better selection decisions. This is so because: There are patterns in people's behaviour. They can be seen in past performance. And they will be there in the future. INTERVIEWING-PRINCIPLES The candidate's past performance and future performance are two tips of the same iceberg. The strategy therefore is to: Recreate past performance Look for personality patterns and Visualize future performance For this purpose: It is essential we get the candidate to talk freely. Let the candidate's personality express itself. WHAT TO LOOK FOR IN A CV? Reading the CV is not enough; it has to be digested. Making notes can help.
CV can help to generate hypotheses about the candidate but hasty conclusions are not advisable
A good analysis of CV (with notes) can immensely help the interview process by giving leads for detailed probing. WHAT TO LOOK FOR IN A CV? No Area Aspect/Details Hypotheses 1 Work Experience Specific Responsibility Results achieved Relevance to your needs Breadth, depth and complexity of experience A good candidate presents his achievements in a realistic manner If not presented properly, there is a need for detailed probing 2 Educational Background Kind of education Elective subjects Consistency of grades/marks Unexplained gaps are indicative of lack of dedicated efforts Too much education can also be a problem 3 Career Progress Mere movement is not enough. Progress is important. Period of time spent on the same job Low level of progress may be an indication of lack of ambition/drive May also suggest adjustment problems. WHAT TO LOOK FOR IN A CV? No Area Aspects / Details Hypotheses 4. Career stability Number of changes Frequency of changes No change Changes due to mergers / acquisitions, downsizing etc. Changes without any progress, OR hasty changes are problems No change may be a sign of complacency or reluctance to take risks 5. Portable Assets What tangible skills, experiences, insights or product/ process knowledge does a person bring to the organization? Transferability is difficult if the person is working on proprietary technology OR if his previous employers work in specialized environment 6. Presentatio n skills How is the CV organized? Is it in a standardized OR a unique format? Accuracy, Aesthetics/neatness indicate care taken 7. Indications of attitude Should ideally convey courtesy, professionalism, assertiveness, and organized/systematic approach Vague generalities, loose ends, inappropriate language are causes of concern. 8. Covering letter (if any) A letter referring to the advertisement OR the source of information A good covering letter indicates genuine interest
STAGES OF INTERVIEW
Introduction Introduction to interviewers Explain interview process Icebreaker Putting the candidate at ease
Middle Open and probing questions Attending Active listening Paraphrasing STAGES OF INTERVIEW
Conclusion Summarizing Ask applicant if he has questions Inform about next stage in selection process Assessment Measurement / Assessment based on criteria Decision Recommendation Documentation
TYPES OF QUESTIONS
Open questions Could you give me an example of ? In what way is your experience useful for this position? Probing questions What was your exact contribution to this project? Could you describe in detail the equipment you use? Closed questions Were you a part of the team? When did this happen? TYPES OF QUESTIONS
Hypothetical questions What would you do in this case? How would you have handled the situation? Behavioral event questions Could you give an instance when you succeeded by overcoming a lot of obstacles? Could you give an example of a difficult interpersonal situation you handled well? Capability questions What are the key skills you are expected to use in your present job? What do you know about? TYPES OF QUESTIONS Questions about motivation Why did you decide to make a change from shop-floor to sales? What prompted you to move to.? Continuity questions Can we move on to discuss.? Can we talk about your next job?
FREQUENTLY ASKED QUESTIONS Tell me something about yourself.
Why should we select you?
What are your achievements?
What has given you the greatest satisfaction in your career?
FREQUENTLY ASKED QUESTIONS Why do you want to work for us? What college subjects did you like best and least? Why? Where do you see yourself in next 2-3 years? What are your co-curricular or extra-curricular activities ? What do you know about our company? FREQUENTLY ASKED QUESTIONS What are your strengths?