The candidate centric
business model is on the rise in recent times in the corporate world. It refers
to the candidate as the point of recruitment, job order conduct and sales for
an organization. Previously, the whole concentration of the business model was
centred on clients. But as the number of clients increased, the employees and
candidates became neglected. This resulted in the drifting away of potential
candidates from the companies. But when the businesses concentrated on the
candidate centric approach, the clients were benefitted eventually.
The
major activities related to the candidate centric model are interviews,
organization chart based on prospects and references. The major outcomes
expected from the activities are job order, job order leads, active and passive
candidates. The business related benefits of the candidate centric approach are
as follows.
- The empowerment of the recruiters is the key take away in this model. The recruiters are majorly satisfied about their job role and more confident in performing their responsibilities in the candidate centric model. They get the optimum scope to build their own candidate network to bring in rich talent pool for various profiles. This also helps in finding out the best candidates within the familiar network. The recruiter also form part of various events and discussions related to the company which helps in valuable contribution in terms of suggestions and ideas.
- The contribution of the hiring managers becomes more evident in the recruitment and selection of the candidates. Their role is no more restricted towards giving instructions for the recruitment just by informing the requirement. Their job role becomes much more productive. They share a beneficial relationship with the recruiters. They help in maintaining the talent pool and keeping the relationships in the right place. They help in sustaining the Candidate Relationship Management (CRM) system for the reliability of the recruitment process.
- The candidates feel a sense of respect during the recruitment and selection. The mistakes and slip ups related to the selection process is minimized to a great extent. Previously there were a lot of cases wherein the candidate details were not checked in properly by the recruiters. This resulted in the last minute cancellations and rejections. With this approach, outreach has become personalized. The candidate details are accessible to the every required professional at the same time.
Hence the candidate centric business model
contributes greatly towards employee engagement and optimum productivity in the
long run.
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