Hiring vs Recruitment
Two of the most important HR functions in any organization are hiring and recruitment. This is because employees can be the biggest asset for an organization but if there is something wrong in the selection process and wrong employees get selected or hired, they could be a liability rather than assets. There are many people who remain confused between words like hiring and recruitment. Despite similarities, there are obvious differences between hiring and recruitment that will be highlighted in this article.
Hiring
Hiring is a word that is used in connection with utilizing the services of a person or even renting an apartment or a taxi. You hire the services of a professional when you are consulting for getting an insurance policy, painting your house, getting plumbing services or roofing services done at your premises. At least this is the sense of the word when used in British English. However, in American English hiring in a tool that allows organizations to recruit personnel to fill vacancies or job openings in organizations.
Hiring is a constant and continuous process in an organization as old employees leave and new openings require management to attract fresh talent to further the goals of the organization. Hiring is the last step in a process of looking for and selecting the right employees for a company. Hiring is done when the company feels it has found the perfect match for its requirements. Salary negotiations take place, and the employee is explained the roles and responsibilities of the job when hiring is done by signing a contract.
Recruitment
Recruitment is a long process of enticing, interviewing, and finally selecting or hiring the right people for the right jobs. They say people are the biggest assets of an organization. They are, but only the right people as wrong people can be a burden, a catastrophe for an organization rather than being assets. Recruitment is a crucial HR function that begins with job analysis and continues with advertising, interviewing and finally selecting the right persons. The basic purpose of recruitment is to entice the best available talent in the market and hire just the right kind of people in the organization to maximize the profits of the organization.
What is the difference between Hiring and Recruitment?
• Recruitment is carried out to entice the best available talent in the market towards the job openings in an organization.
• Hiring is a part of the recruitment process.
• Hiring is the final step in a recruitment drive where the right candidate gets chosen, and he is handed over a contract.
• Hiring the right employee for the organization is the basic purpose of recruitment that begins with job analysis and ends with induction and training of the new employee.
• Recruitment can be outsourced, but hiring function is always retained by the management of an organization.
• Hiring is the culmination of recruitment.