Meaning and definition of recruitment : Recruitment function is concerned with discovering the sources of manpower required and tapping these sources.
(i) "Recruitment is the process of searching for prospective employees and stimulating them to apply for jobs in the organisation." Flippo.
(ii) "It is is the process of attracting potential employees to the company."
External sources of recruitment: (i) Factory gate: For recruitment of semi-skilled and unskilled employee a notice is put at the factory gate specifying the requirements of various types of workers.
(ii) Waiting list: Very often organisations prepare and maintain a waiting list of employees from the application of those candidates who had applied but could not be selected.
(iii) Employees recommendation : A large number of organisation asks their present employees to recommend the name of suitable candidates as anol when a vacancy arises.
(iv) Private placement agencies : These are of recent origin. Now-a-days reputed private placement agencies such as Tata Consultancy Service are doing commendable job in this field.
(v) Employment exchange: Employment exchanges have been set up by government in metropolitan and other big cities.
(vi) Media advertisement: By far advertisement in leading newspaper, magazines of external recruitment for skilled and specialised jobs.
(vii) Many mores.