In order to structure the hiring process in the most effective way, it is important to identify both the right profile of the candidate and the bottlenecks that constraint the process. In the present case, the primary concerns are the limited time and money allocated for hiring a new employee. Therefore, the first step for the Human Resource Manager is to plan the whole process carefully, by considering all the limitations. Thus, the plan should include the maximum time allocated for the collection of resumes and interviews, as well as the latest day of signing the contract with the selected candidate.
The next step is to devise a strategy that would target the right candidates and would allow meeting the hiring objectives. Firstly, it is helpful to outline the benefits that the company has to offer to potential employees, such as fast promotion and flexibility, while highlighting also the disadvantages of the position. This approach would be beneficial both for promoting the position and for preventing unsuitable candidates from applying.
The hiring strategy could include several pillars based on then channels of position advertising. The most straightforward and effective way is to communicate the position availability among own employees. Employee referral program could offer significant savings both in terms of time and money. Moreover, people, who work in the company, understand the business and company requirements; therefore the chance that they approach the best candidates is quite high. The second pillar of the strategy should include local advertising campaigns, since hiring people from the same region would be optimal both in terms of cost, time, and process complexity. Moreover, local candidates would be more willing to join the company as that would allow them to remain close to their homes. The third pillar of the strategy should address people around the country, with the focus on the areas, which are located relatively close. This channel targets the highest number of people; however, the uncertainty and the cost associated with it make it relatively unattractive. Detailed plans should be created for each of the three strategies, followed by the immediate execution.