chitkara Started The Discussion:
Hi all, Can any one guide me on the calculation one need to do to calculate the cost of recruitment. Regards, Bhanu
Posted 29th July 2007 From India, Gurgaon
THE BEST WAY TO CALCULATE THE RECRUITMENT COST IS TO FIRST UNDERSTAND THE HIRING COST BEHIND A PERSON,THE TIME A PERSON IS REQUIRED TO BE TRAINED,AS THE PERSON IS GONNA BE VIRTUALLY BE USELESS IN TERMS OF COMPLETE PRODUCTIVITY DURING THIS PERIOD,IF ANY TRAINING PROVIDED THEN THAT ALSO WOULD BE ACCOUNTED.
Posted 29th July 2007 From India, Mumbai
Dear ur question shd. be very spacific...i understand u r asking about the the cost for final placement of an individual on a perticular posetion...
if its then..the best way to calculate is..start count the effort n money involve from 0 date to the final palcement..it may vary from org.to org..such as .......

1-cost of vendor
2-cost of telecalling/Internet
3-cost of manhours
4-cost of I/W expen..
5-cost of Add..or any other publication
6-cost of medical certification
7-cost of Rf.check
8-cost of poor quality
etsssssss.

regards
sandeep
09871771733
Posted 30th July 2007
hi bhanu,
from ur enquiry i came to know that u r in need of calculating the costs of recruitment. it starts with the accounts of buying stationary items for recruitment to the cost of medical checkup before issuing appointment letter. to share ur views or further information u can mail me.

with thanks & regards,
STEPHEN ROSARIO.V
0091-9943917839

tamilnadu.
Posted 31st July 2007 From India, Coimbatore
Dear All, Kindly find attached on the above mentioned subject Hope the same will be of Good Use. Regards M. Peer Mohamed Sardhar
Posted 1st August 2007 From India, Coimbatore
Attached Files
Shared By Cite.Community Member "M.Peer Mohamed Sardhar" For Public Download
File Type: xls recruitment_analysis_786.xls (19.0 KB, 3451 views)
File Type: xls recruitment_analysis_786.xls (19.0 KB, 1463 views)
Hi Bhanu,

This is a very open question, Are you looking at cost per hire ? or How to calculate Recruitment budget for a year?

Calculation of Cost per hire:-

Say if you want to know the cost per hire from Jan 07 to June 07 then you have to take following things into consideration.

* Consultant Charges
* Travel charges incurred for an outstation event.
* Relocation Expenses
* Joining bonus
* Retainership fees for vendors
* Cost incurrred for jobportals (Jobsahead, Monster and Naukri)
* Cost of Posters and banners.
* Promotions cost (Print and Internet medium)
* Other expenses incurred directly for Recruitment.

Total of All expenses above/No of joinees from Jan to June= Cost per hire.

For Eg:

* Consultant Charges : 100000
* Travel charges incurred for an outstation event.:60000
* Relocation Expenses:200000
* Joining bonus :200000
* Retainership fees for vendors :100000
* Cost incurrred for jobportals (Jobsahead, Monster and Naukri) :300000
* Cost of Posters and banners.:100000
* Promotions cost (Print and Internet medium):40000
* Other expenses incurred directly for Recruitment.:50000

**Total no of joinees in this period: 80

then, Total cost incurred : Rs.1050000/-

Cost per hire :Rs 1050000/60= Rs.13125/-


I hope this suffice you.



Regards,
Satish

[/code]
Posted 1st August 2007 From India, Bangalore
Hi,

In your calculation, you have mentioned that total number of joinees for six months is 80, but you have divided the whole expenses by 60.. can you give me the right calculation

regards

Venkadesh.r
Posted 1st August 2007 From India, Mumbai
Hi Peer Mohamed Sardhar The attachement which you have given to me is very very use to us... Thanks & Regards Lavanya suri_lavanya@yahoo.co.in
Posted 2nd August 2007 From India, Madras


Hi Satish Thank u for such an useful calculation.
Can u Plz tell me, what's these two term is all about??
1. Relocation Expenses
2. Relationship fee for vendors.

and can u plz tell me which department maintain all these factors?? and who calculate the actual cost per employee?

Regards,
Joy
Posted 14th September 2008 From India, Madras
Hi Satish,

Thank u for such an useful calculation.
Can u Plz tell me, what's these two term is all about??
1. Relocation Expenses
2. Relationship fee for vendors.

and can u plz tell me which department maintain all these factors?? and who calculate the actual cost per employee?

Regards,
Joy
Posted 16th September 2008 From India, Madras
Hi Pujju,

the format provided by you is good...but how we are going to calculate the cost incurred on one employee's recruitment? like in one of the post above given by Mr. Satish shows some kind of calculation....pls suggest the similar one...
Posted 10th September 2009 From India, Jaipur
Hello,

Greetings from Vibrant Serve!

It gives me a great pleasure to discuss on our Global Certifed Training Workshops!

We just had a sucessfull program last week, therefore scheduled again. Please have a look with their feedbacks!

I would also appreciate if you could please share among your Colleagues and Friends with nominations for the coming up workshop on Certified Recruitment Analyst on September 18th & 19th, 2009!


Middle Earth Consultants Pvt. Ltd
Presents
Certified Recruitment Analyst
2 days Training Program (non-residential)
When: 18th & 19th, September 2009
Where: Bangalore
The Certified Recruitment Analyst program, of Carlton Advanced Management Institute, USA, done in India in association with Middle Earth Consultants.

Its not just any other training program on recruitment and interviewing but is much more than that. The most highly appreciated and sought after training program by the top HR professionals across India. It involves the best recruiting practices from various industries, latest tools, techniques & strategies used in recruiting to hire and retain the best talent.This workshop involves the best of the breed global practices in recruitment and ensures that you become an expert in hiring.By the end of this workshop you will acquire skills with which you can conduct behaviour based interviewing, which is a time-tested methodology for improving hiring results.

By attending this workshop youll learn:
Calculate costs associated with bad recruitment
Use the Behavioral event interviewing techniques
Use quan comm. And iceberg models during interviewing
Use icebreaker question techniques and effective body language To create positive perceptions among candidates about the company
Reduce short term attrition substantially by conducting motives and self image analysis
To understand the latest trends and tools in recruitment
Use behavioral indicators and BARS based rating scales
Learn best practice interviewing practices
Use scene setter and past performance questions and also golden pause and single word probes

Unique benefits to the participants:
Get a comprehensive, information packed courseware during the program
and for back home use
Learn from the industry experts who have a specialist experience in the area of recruitment
  • Special Feature: Video Mirroring
Network with other professionals with same background and interest
Brand yourself as a certified recruiter
Increase your earning potential as a freelance professional by becoming a certified trainer
Unique risk free money back guarantee



Who should attend?
Professionals involved in the recruitment process and recruiting professionals at all experience levels.
Junior and first level supervisors from the recruitment department.
Line managers, functional professionals who participate in the recruitment process as interviewers.

Course Overview:
MODULE 1:Recruitment Analytics
Strategic issues in recruitment
Recruitment metrics
Bad recruitment
What is competency
Competency measurement and BARS
Overview of the hiring process

MODULE 2: Recruitment Analysis
Fundamental job description
Functional analysis
Behavioral analysis
Threshold trait analysis
Definitions of Quan-com

MODULE 3: Shortlisting and Filtering
Short listing- knowledge of matching CVs
The process of short listing
Filtering
Knowledge based filtering
Skill Based filtering
Behavioral filtering

MODULE 4: Interviewing and Probing Techniques
Introduction to interviewing
The overall interview process
Stages of the interview
Quan-com questions and behavioral indicators
4 key interviewer skills
Body language
Different types of questioning methods
Evaluation of the interview process





Upcoming Global Certified Training Programs @ Bangalore


Certified Performance & Competence Developer ( CPCD )
21 & 22, Aug
Certified Learning & Development Manager ( CLDM )
28 & 29, Aug


Certified Recruitment Analyst ( CRA )
2 & 3, Sept
Certified Trainer & Facilitator ( CTF )
25, 26 & 27, Sept


Retention seminar
22, Oct
Certified Compensation & Benefits Manager ( CCBM )
23 & 24, Oct


Certified Performance & Competence Developer ( CPCD )
25 & 26, Nov
Certified Recruitment Analyst ( CRA )
27 & 28, Nov


Certified Learning & Development Manager ( CLDM )
4 & 5, Dec
Certified Compensation & Benefits Manager ( CCBM )
18 & 19, Dec


Middle Earth Advantage:
Trusted name in the training industry since 1997.
Trained more than 30,000 professionals at all levels, across the globe.
Client list of more than 400 companies.
Highest feedback of an average of over 4.5 on a 5-point scale.
Over 90% company retention rate.



NamesOrganizationFeedbacksSuresh Kumar .SSamsung India S/W Operations Pvt LtdVery Useful. Two things most liked about the program is Mock Interview session and Interview judgement. Eswara Rao BIALProfessionally Organised. Two things liked most about the program is Conducting Interview in Professional manner, Measuring recruitment cost, efffective recruitment.Shruti ToshniwalMaFoiThe program is good. Flow of training was good. Its a value added for HR Professionals undoubtfully. Two things most liked about the program is Contents of the program and the Trainer.Niveditha MandappaAOL Online India Private LimitedVery good, Informative. Every aspect of recruitment covered. Two things most liked about the program is By doing the behavoir mapping and mock interview.Vanishri Natekar AOL Online India Private LimitedThe program was well designed for experienced recruiters. It was also conducted very effectively by Cdr. Tomy. The situations / examples thrown during the Training were really motivating and result orinted. Two things most liked about the program is Instances given to explain the topic / learning and Positivity abd Cheerfulness that rubbed to the participants.Milin JadhavAOL Online India Private LimitedIts a very good program, gained a lot! Two things liked most about the program is The Video of the interview which puts light on the flow about us we were not aware of.Pankaja SridharAOL Online India Private LimitedIt was an excellent program. Must and should for each Interviewer. Two things most liked about the program is The content and the methodology.


Avail Special Group & Individual Discounts!



Please feel free to contact me for further details.

Looking forward soon with the confirnation from your end!
Warm Regards

Supriya Vinay
Vibrant Serve
# 768, 2nd Fl.,33rd Main,
14th Cross, J. P Nagar 1st Phase.
Bangalore-560078
Landline-+91 080 22455606
Ph. +91 099720 46261
Email- supriya@vibrantserve.com
URL-www.vibrantserve.com






Posted 11th September 2009 From India, Bangalore
Hello,


Greetings from Vibrant Serve!

It gives me a great pleasure to discuss on our Global Certifed Training Workshops!

We just had a sucessfull program last week, therefore scheduled again. Please have a look with their feedbacks!

I would also appreciate if you could please share among your Colleagues and Friends with nominations for the coming up workshop on Certified Recruitment Analyst on September 18th & 19th, 2009!



Middle Earth Consultants Pvt. Ltd


Presents


Certified Recruitment Analyst


2 days Training Program (non-residential)


When: 18th & 19th, September 2009


Where: Bangalore



The Certified Recruitment Analyst program, of Carlton Advanced Management Institute, USA, done in India in association with Middle Earth Consultants.


Its not just any other training program on recruitment and interviewing but is much more than that. The most highly appreciated and sought after training program by the top HR professionals across India. It involves the best recruiting practices from various industries, latest tools, techniques & strategies used in recruiting to hire and retain the best talent.This workshop involves the best of the breed global practices in recruitment and ensures that you become an expert in hiring.By the end of this workshop you will acquire skills with which you can conduct behaviour based interviewing, which is a time-tested methodology for improving hiring results.

By attending this workshop youll learn:
Calculate costs associated with bad recruitment
Use the Behavioral event interviewing techniques
Use quan comm. And iceberg models during interviewing
Use icebreaker question techniques and effective body language To create positive perceptions among candidates about the company
Reduce short term attrition substantially by conducting motives and self image analysis
To understand the latest trends and tools in recruitment
Use behavioral indicators and BARS based rating scales
Learn best practice interviewing practices
Use scene setter and past performance questions and also golden pause and single word probes


Unique benefits to the participants:
Get a comprehensive, information packed courseware during the program
and for back home use

Learn from the industry experts who have a specialist experience in the area of recruitment
  • Special Feature: Video Mirroring
Network with other professionals with same background and interest

Brand yourself as a certified recruiter
Increase your earning potential as a freelance professional by becoming a certified trainer
Unique risk free money back guarantee



Who should attend?
Professionals involved in the recruitment process and recruiting professionals at all experience levels.
Junior and first level supervisors from the recruitment department.
Line managers, functional professionals who participate in the recruitment process as interviewers.

Course Overview:
MODULE 1:Recruitment Analytics
Strategic issues in recruitment
Recruitment metrics
Bad recruitment
What is competency
Competency measurement and BARS
Overview of the hiring process

MODULE 2: Recruitment Analysis
Fundamental job description
Functional analysis
Behavioral analysis
Threshold trait analysis
Definitions of Quan-com

MODULE 3: Shortlisting and Filtering
Short listing- knowledge of matching CVs
The process of short listing
Filtering
Knowledge based filtering
Skill Based filtering
Behavioral filtering

MODULE 4: Interviewing and Probing Techniques
Introduction to interviewing
The overall interview process
Stages of the interview
Quan-com questions and behavioral indicators
4 key interviewer skills
Body language
Different types of questioning methods
Evaluation of the interview process


Upcoming Global Certified Training Programs @ Bangalore

Certified Performance & Competence Developer ( CPCD ) 21 & 22, Aug
Certified Learning & Development Manager ( CLDM ) 28 & 29, Aug
Certified Recruitment Analyst ( CRA ) 2 & 3, Sept
Certified Trainer & Facilitator ( CTF ) 25, 26 & 27, Sept
Retention seminar 22, Oct
Certified Compensation & Benefits Manager ( CCBM ) 23 & 24, Oct
Certified Performance & Competence Developer ( CPCD ) 25 & 26, Nov
Certified Recruitment Analyst ( CRA ) 27 & 28, Nov
Certified Learning & Development Manager ( CLDM ) 4 & 5, Dec
Certified Compensation & Benefits Manager ( CCBM ) 18 & 19, Dec


Middle Earth Advantage:
Trusted name in the training industry since 1997.
Trained more than 30,000 professionals at all levels, across the globe.
Client list of more than 400 companies.
Highest feedback of an average of over 4.5 on a 5-point scale.
Over 90% company retention rate.




Names / Organization /Feedbacks

Suresh Kumar from SSamsung India S/W Operations Pvt Ltd-Very Useful. Two things most liked about the program is Mock Interview session and Interview judgement.

Eswara Rao from BIAL- Professionally Organised. Two things liked most about the program is Conducting Interview in Professional manner, Measuring recruitment cost, efffective recruitment.

Shruti Toshniwal from MaFoi- The program is good. Flow of training was good. Its a value added for HR Professionals undoubtfully. Two things most liked about the program is Contents of the program and the Trainer.

Niveditha Mandappa from AOL Online India Private Limited- Very good, Informative. Every aspect of recruitment covered. Two things most liked about the program is By doing the behavoir mapping and mock interview.

Vanishri Natekar AOL Online India Private Limited- The program was well designed for experienced recruiters. It was also conducted very effectively by Cdr. Tomy. The situations / examples thrown during the Training were really motivating and result orinted. Two things most liked about the program is Instances given to explain the topic / learning and Positivity abd Cheerfulness that rubbed to the participants.

Milin Jadhav from AOL Online India Private Limited - Its a very good program, gained a lot! Two things liked most about the program is The Video of the interview which puts light on the flow about us we were not aware of.

Pankaja Sridhar from AOL Online India Private Limited - It was an excellent program. Must and should for each Interviewer. Two things most liked about the program is The content and the methodology.

Avail Special Group & Individual Discounts!



Please feel free to contact me for further details.

Looking forward soon with the confirnation from your end!

Warm Regards

Supriya Vinay
Vibrant Serve
# 768, 2nd Fl.,33rd Main,
14th Cross, J. P Nagar 1st Phase.
Bangalore-560078
Landline-+91 080 22455606
Ph. +91 099720 46261
Email- supriya@vibrantserve.com
URL-www.vibrantserve.com

Posted 11th September 2009 From India, Bangalore

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