Having an effective corporate recruiting strategy is essential for companies, especially larger organizations. A sound recruitment process allows companies to hire talented professionals and increases their productivity and profitability.
In this article, we’ll discuss what corporate recruiting is and its advantages.
What Is Corporate Recruiting?
Also known as in-house or internal recruiting, corporate recruiting is the process businesses use to fill available positions within the company. Recruiters may also collaborate with other department leaders to help define their hiring strategies and establish criteria for evaluating applicants’ skill sets.
Advantages of Corporate Recruiting
Hiring talented individuals is important to a company’s success. Here are some of the benefits of corporate recruitment:
- Better hiring results. Instead of trying to hire a large quantity of candidates, corporate recruitment focuses on getting quality applicants that not only match the job description but are also aligned with the company’s goals.
- More flexibility. Because corporate recruiters operate internally, they have greater flexibility. For example, they can adjust position requirements if there is a candidate with excellent qualifications who doesn’t fit the initial specifications of the role.
- Applicants and employers have direct interaction. This is important in establishing personal relationships as well as eliminating miscommunication about the specifics of the job opening.
- Reduced costs. Since corporate recruitment is an internal process, the business doesn’t have to pay recruiting agencies.
Differences Between Corporate Recruiting and Staffing Recruiting
There are differences between corporate recruitment and recruiting with a staffing company. For example, in corporate recruitment, you don’t have to compete with other companies when filling essential positions. With staffing companies, you have a lot of competition in attracting hard-to-find talent since they usually work with multiple companies at once.
With corporate recruiting, companies can take their time to ensure they find the right individual for the position. Meanwhile, staffing recruiting entails urgency since companies typically give them a deadline for the recruiting process. As a result, companies are forced to move forward with a candidate even though they aren’t the perfect fit.
The Role of a Corporate Recruiter
The role of a corporate recruiter is to find candidates, conduct interviews, and communicate with candidates during the hiring process. They also plan, develop, and execute recruitment plans with hiring managers.
What Is a Corporate Recruiter?
A corporate recruiter manages the recruitment process within an organization. In general, they are part of the human resources (HR) department. Organizations need to have corporate recruiters because they help businesses attract highly skilled employees.
What Do Corporate Recruiters Do?
Corporate recruiters are professional individuals with a strong understanding of the entire recruitment process. When the business needs to fill a position, the corporate recruitment team will create the job description, put together job ads, distribute the job posting, and find qualified candidates.
Responsibilities of a Corporate Recruiter
The corporate recruiter is responsible for the following tasks:
- Find the best candidates through referrals, professional organizations, and job boards.
- Screen applications and investigate referrals.
- Initiate the interview process.
- Recommend the best candidate to the hiring manager.
- Prepare hiring packages to attract top candidates.
Skills That a Corporate Recruiter Must Have
The ideal corporate recruiter should have the ability to assess talent and develop effective recruiting strategies. They must have strong communication and listening skills and the confidence to interact with a variety of people.
As a corporate recruiter, you also need the ability to read people and have a good sense of character. It is important to be able to determine if someone will be a good fit not only for the position but also for the company’s culture.
Differences Between a Corporate Recruiter and Other Recruiters
While a corporate recruiter and other recruiters have the same goal – to hire the best candidates – the key difference is that corporate recruitment is done by an in-house team. Corporate recruitment is also focused on filling roles only for the company.
How To Improve a Corporate Recruiting Strategy?
Here are some steps you can take to improve your corporate recruiting process:
- Consider the company’s goals. Referencing this in your recruitment will help improve your strategies and define the ideal candidate.
- Collaborate with different teams within the company. Getting new perspectives and ideas will help you define the best approach for finding the best candidates that will suit the needs of each team.
- Take advantage of relevant technology. Innovations like applicant tracking system (ATS) tools can help streamline your recruitment process. Employing video conferencing software is also beneficial in the interview process for candidates who don’t live near your company. You can also use social media to post your job postings and attract more applicants.
How Can Kilpatrick Help Companies in Managing the Corporate Recruiting Process?
Whether you need staffing for corporate recruitment or need recruitment consultants, Kilpatrick Executive can help. Our executive search service can help you find the right talents, while our digital HR solutions and technology will help you streamline your recruitment process.
Find out how Kilpatrick can assist you in improving your corporate recruitment strategies. Contact us today.