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Dear Sheela,
First conduct market research and find out whether your salaries are at par with market or less. If these are below the market level then you need to convince the management that first we have bring our remuneration as per the market standard.
The second problem is that you are "small" from SME (Small and Medium Enterprises) category. Each SME has this problem because every job candidate wants to work in branded company. This also you need to tell to your management. In fact branded companies can afford to pay lesser salaries but not the SMEs. Former have brand pull where latter does not. This is the reality of 21st century and we must live with it.
Ok...
DVD
From India, Bangalore
First conduct market research and find out whether your salaries are at par with market or less. If these are below the market level then you need to convince the management that first we have bring our remuneration as per the market standard.
The second problem is that you are "small" from SME (Small and Medium Enterprises) category. Each SME has this problem because every job candidate wants to work in branded company. This also you need to tell to your management. In fact branded companies can afford to pay lesser salaries but not the SMEs. Former have brand pull where latter does not. This is the reality of 21st century and we must live with it.
Ok...
DVD
From India, Bangalore
Dear sheela,
I am totally agree with DVD. You must raise your salary range compare to other co. I understand this time its very difficult to retain the employee, so we need to attract them with high salary range & different facilities compare to others. you can also shorten the bond period like 1 year. you can also apply the funda of probation period.
Hope it works.
From India, Gurgaon
I am totally agree with DVD. You must raise your salary range compare to other co. I understand this time its very difficult to retain the employee, so we need to attract them with high salary range & different facilities compare to others. you can also shorten the bond period like 1 year. you can also apply the funda of probation period.
Hope it works.
From India, Gurgaon
Hi,
Thanks for ur early response i have already spoken about 1yr contract, probational period and contract but they r not ready. We did mkt analysis also other company. are paying handsome of amount compared to our company. Dont no how to get candidate for these positions.
Regards,
Sheela
From India, Coimbatore
Thanks for ur early response i have already spoken about 1yr contract, probational period and contract but they r not ready. We did mkt analysis also other company. are paying handsome of amount compared to our company. Dont no how to get candidate for these positions.
Regards,
Sheela
From India, Coimbatore
Dear Sheela,
First of all do specify your industry type. Again the only reason your management is asking for a bond is nothing but of attrition rate, again that is only because of the less payment given to employees.
As you have mentioned that your management is not ready for hike in payment or cancellation of bonds. It lies on the hands of the HR department in placing some niche ways on to recruitment. What about your location?
There are certain ways to recruit people. There are lots of people in the market who are still hunting for job. In this case you have to stream line your recruitment methods. Make use of portals, nowadays there are lots of methods which can give you resumes. Even a social community would help. I, once have recruited people for 6k/month with a bond of 2 years. It is all the way you put it on.
Anyway all the best!
Best regards,
Mahesh
From India, Bangalore
First of all do specify your industry type. Again the only reason your management is asking for a bond is nothing but of attrition rate, again that is only because of the less payment given to employees.
As you have mentioned that your management is not ready for hike in payment or cancellation of bonds. It lies on the hands of the HR department in placing some niche ways on to recruitment. What about your location?
There are certain ways to recruit people. There are lots of people in the market who are still hunting for job. In this case you have to stream line your recruitment methods. Make use of portals, nowadays there are lots of methods which can give you resumes. Even a social community would help. I, once have recruited people for 6k/month with a bond of 2 years. It is all the way you put it on.
Anyway all the best!
Best regards,
Mahesh
From India, Bangalore
Dear Sheela,
Since your industry type is small and package also is insufficient, surely people will hesitate to join with your organization.
Now a days, no one (Even the job seekers also) is not ready to sign the bond. In this situation, either raise the salary package and welfare measures or break the bond system. It almost bonded system only.
Suppose if you are hiring an employee for 2 years with the bond signed and if he /she is not performing well (even deliberately) what would you do?
Raise the salary or Raise the standared of your company.
All the Best.
From India, Madras
Since your industry type is small and package also is insufficient, surely people will hesitate to join with your organization.
Now a days, no one (Even the job seekers also) is not ready to sign the bond. In this situation, either raise the salary package and welfare measures or break the bond system. It almost bonded system only.
Suppose if you are hiring an employee for 2 years with the bond signed and if he /she is not performing well (even deliberately) what would you do?
Raise the salary or Raise the standared of your company.
All the Best.
From India, Madras
Dear Mahesh,
Thanks for ur response, We r into software Development and solution providers we located in bangalore. For this i have used all the best possible methods like job posting,reference.The main thing is that i dnt have much exp (im having only 5months of exp in recruitment,but still i want to get best possible result for this kind of situation) But our co doesn't want to spend amount on getting sources.They says that if we take candidate without bond he may leave the co in middle off only.But i said like after completing of 2yrs also there is no Guarantee that candidate will stay back.
As vigsysjesu said that if candidate wont perform well,then also they want to keep him and give training till he work.
Plz help to solve this problem...
From India, Coimbatore
Thanks for ur response, We r into software Development and solution providers we located in bangalore. For this i have used all the best possible methods like job posting,reference.The main thing is that i dnt have much exp (im having only 5months of exp in recruitment,but still i want to get best possible result for this kind of situation) But our co doesn't want to spend amount on getting sources.They says that if we take candidate without bond he may leave the co in middle off only.But i said like after completing of 2yrs also there is no Guarantee that candidate will stay back.
As vigsysjesu said that if candidate wont perform well,then also they want to keep him and give training till he work.
Plz help to solve this problem...
From India, Coimbatore
Dear Sheela, If there is no job satisfaction and freedom, even if you train the person, he will not perform well.
From India, Madras
From India, Madras
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