How To Reduce Recruitment Time & Recruitment Cost?

Repected Seniors
I m doing 2 month training on above project in a telecomm firm.Till now i m able to get little information through questionnaire.Kindly help me by providing your guidance.
Neeru

Recruitment cost can be reduced by.
1. Taking more people from employee referal.
2. Getting profiles from networking.
3. Getting right person, becuase if the person taken has not appropriate skills then it will add to recruitment cost as it will effect the team, chances are more that people from the team may leave the job due to demotivation. so its very important that person especailly in managerial position should have required skills for a particular job.
Recruitment Time can be reduced by.
1. Keeping the database ready for future requirements.
2. Aalways keep the pipeline ready

thx Meenakship
The company in which i m doing my training,they use to bring ppl at a fast rate.They bring ppl bt without looking whether they will be able to stay there or not as here workload is very high n things are unsystematic.
The thing is i hv to make project on recruiment time reduction but it is already so less that i m not able to do anything regarding my project.
PLz help me.......

dnt wory im having very good suggestion 4 u...........y dnt u ask ur seniors
to improve their recruitment process...........

Hi Neeru
Then your company can face major problems in future, some people who can join in very less time, the chances are there that they are coming with fake exp.
And also companies should avoid taking people without releiving letters.