Leveraging HR Metrics for an Effective Recruitment and Selection Process With Special Reference to the Manufacturing Sector in Coimbatore

Leveraging HR Metrics for an Effective Recruitment and Selection Process With Special Reference to the Manufacturing Sector in Coimbatore

Copyright: © 2024 |Pages: 23
DOI: 10.4018/979-8-3693-1343-5.ch010
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Abstract

Any organization's growth and stability depend on its recruitment and selection process, which attracts top talent. HR metrics quantify and rate human resource processes. This study aims to integrate human resource metrics into the recruitment and selection process throughout. In this exploratory study, human resource managers discuss metrics and their use in evaluating recruitment and selection procedures. Manufacturing HR managers are being surveyed about the KPIs in question. Most HR managers (out of 15, at least 10 HR managers) have reported nine metrics as actively used in their firm, while a minority (out of 15, less than 10 HR managers) have reported 10 metrics as rarely used and six calculated metrics. This chapter will interest researchers and practitioners who identify, design, and deploy metrics to measure an organization's recruitment and selection process. The chapter identifies metrics to demonstrate how metrics encourage HR practitioners to adopt and measure skilled workforce in recruitment and selection. This contributes to the HR metrics debate.
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Introduction

In India, the manufacturing sector is growing rapidly and is vital to economic growth and job creation. To compete, companies must hire and retain new and existing personnel to improve manufacturing potential. Recruitment and selection are crucial to hiring the appropriate individual at the right moment. Quantifiable findings are needed to assess a recruitment and selection process's correctness and reliability. HR metrics assess and evaluate organizational recruiting and selection processes (Durai D, S., Rudhramoorthy, K., & Sarkar, S., 2019). They also help make operational and strategic recruitment and selection decisions, making this study important.

Globally, HR departments are making evidence-based decisions to improve business activities. HR decisions are crucial to organizational decision-making. HR used to make qualitative decisions. The world is moving toward quantitative, evidence-based decisions. This research seeks to identify the key markers of organizational recruiting and selection effectiveness.

The most valuable asset in any firm is its people. When a company hires the right people, it improves results, retains employees, and achieves long-term goals. The recruitment and selection process ensures the right people are hired and promoted. In the recruiting process, recruitment is followed by selection and placement. Subhashini D, Krishnaveni R, & Geetha M (2022) state that an organization selects applicants with the highest qualifications to meet job requirements, taking into account environmental factors. The procedure separates acceptable applicants, who are more likely to succeed, from unsuitable ones. The selection procedure seeks candidates with the skills and credentials to perform the job.

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