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Journal of Management Research and Analysis


Emerging hiring strategies to manage talent crisis in newly graduate engineers - A case of benefits, outcomes and implications


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Author Details: Sufia Rehman

Volume : 5

Issue : 1

Online ISSN : 2394-2770

Print ISSN : 2394-2762

Article First Page : 76

Article End Page : 87


Abstract

In the present complex corporate environment existing globally, recruitment has evolved as the most challenging human resources (HR) function across all industries. It has becoming for organizations to invest in their recruitment strategies. Steered by developments in technology the old recruitment strategies are being remodeled and redesigned. Recruiters are fast adopting latest hiring strategies for talent hunting in order to manage the talent crisis that exists in the present influx of graduate engineers entering the job market every year. Merely posting adverts in newspapers or visiting education institutions for hiring new graduate engineers is not sufficient to meet the existing demands for talent. Internet which has not only affected the life of common people but it has also transpired as a vital talent acquiring tool for the contemporary HR Manager. The amazing benefits like acceptance & popularity of Internet and Social Media Sites, short response time, positive return on investment added with good competitive edge and ease of use have all convinced the recruiters to use them not only for effective branding but also compelled them to use these new strategies for hunting for new talent and recruitment. Nowadays more or less every fresh graduate / professional has a Social Media account which makes it as huge resource of talent pool for the recruiters. Professional networking offering a good platform is being used as a hiring tool very prominently and impacting both the recruiters and new graduate engineer job aspirants. The author in the study has analyzed the emerging trends in hiring strategies, their effectiveness for the employers for talent management and the influence they have on the new graduate engineer job aspirants. The study highlights benefits of new hiring strategies over traditional methods. Their outcome and implications and their capacity to turn the job opportunity into a success of a failure for the new graduate engineer job aspirants.

Keywords: Human Resource Management, Talent Crisis, Recruitment Strategies, Internet, Online job portals, Social Media Networks, Employers , New Graduate Engineer Job aspirants.

Doi :-https://doi.org/10.18231/2394-2770.2018.0014