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Recent Trends in Recruitment in Retailing Industry

RECENT TRENDS IN RECRUITMENT IN RETAILING
                                INDUSTRY
 
“Its not the strongest of the species and not the wisest that survice, but the ones that are most responsive to change. ”
–     Charles Darwin
“Retail – What lies Beneath
          Of the people, by the people, for the people. ”
Retailing is a fascinating, people oriented business, based on service to consumers.  It operates in an environment of attractive products and helpful services.  Wherever you turn in retailing, you can find something interesting to look at, to explore, and often to purchase.  We live in an age that is rich with products and services for most people to buy.  Products are goods grown or manufactured and available for sale; services are benefits or satisfactions that improve the appearance, health, comfort, or peace of mind of their users.  
It is easy to take for granted the impact retailing has on a nation’s economic growth.  In fact, retailing has made a significant contribution to the economic prosperity that we enjoy so much.  The nations that have enjoyed the greatest economic and social progress have been those with a strong retail sector.  Retailers have become valued and necessary members of society.  Although some may argue that we have too many retailers with too many stores operating today, we must not forget the social benefits that “over storing” provide an economy.  Some of the benefits that a vibrant retailing sector provides are easier access to products, having to settle to a second or third choice less often when shopping for a particular product, greater customer satisfaction, and higher levels of customer service.
What is Retailing?
Retailing consists of the final activities and steps needed to place merchandise made elsewhere in the hands of the ultimate consumer or to provide services to the consumer.
 
The Nature of Change in Retailing
                        Retailing is not staid and stable; rather it is an exciting business sector that effectively combines an individual’s skills to make a profit in an ever-changing market environment.  That is why some retailers are successful and others, who are either unwilling or unable to adapt to this changing environment, fail.
 
                                  Behaviour of
                                  Consumers
 
Socio –
Economic                                                   Behaviour
Environment                                                  
RetailFirm
of
                                                               Competition
 
 
 
State of                                                         
Technology                                                 Behaviour
                                                                      Of
                                                                      Channel
 
                                  Legal and
                                  Ethical System
External Environmental Factors Affecting Retail Firms
 
 What is involved in a Retailing Career?
                        In the long run, a retailing career can offer salary comparable with other careers, definite career advancement, and geographic mobility.  In addition, a career in retailing incorporates the knowledge and use of all the business activities or disciplines – accounting, marketing, finance, human resources, etc. Besides, in retailing “no two days are alike; each offers its own set of opportunities and problems. ”  The prerequisites for the success in retailing besides hard work include analytical skills, creativity, decisiveness, flexibility, initiative, leadership, organization, risk taking, stress tolerance, perseverance and enthusiasm.  Though these are important, but it is especially important for the retail manager to work at developing an attitude of openness to new ideas and a willingness to learn because the market is always changing.
Planning for Human Resources
                        The role of administrative management is to acquire, maintain and control of retail resources.  One of the most important resources of all the other is human resources.  Human resources make things happen.  After all, customers don’t care who owns a retail store, they just want their questions answered, their problems solved, and their money for their purchases taken by the “first person they see. ”  For many retailers, labour productivity has been declining over the past two decades.  These retailers appear to be caught in a vicious circle in which the relatively low wages that they offer salespersons have attracted low-quality employees, which tends to perpetuate the low-wage-low-quality cycle.  Not all retailers are in this vicious circle; many have gotten out by investing time and money in their employees.  
                        The hired human resources must be empowered.  Empowerment simply means that the employee has the “power to make things right for the customer. ”  An empowered retail employee seeks to understand the customer’s problem, desires to develop a relationship with the customer, understands the value of customer loyalty and is encouraged by management to solve the customer’s problem.
                        The profit impact of empowering employees in retailing is dramatic.  Before being able to empower their employees, retailers must first decide what human resources will be needed to achieve their firm’s goals and objectives.  Next, retailers must make sure that only the right types of employees are hired, that they are managed properly, and that they are fairly compensated for their efforts.  Of all the activities recruitment is important for retailers to be successful.
Recruitment
                        Recruitment is an important part of an organization’s human resource planning and their competitive strength. Competent human resources at the right positions in the organization are a vital resource and can be a core competency or a strategic advantage for it.
The objective of the recruitment process is to obtain the number and quality of employees that can be selected in order to help the organization to achieve its goals and objectives. With the same objective, recruitment helps to create a pool of prospective employees for the organization so that the management can select the right candidate for the right job from this pool. Recruitment acts as a link between the employers and the job seekers and ensures the placement of right candidate at the right place at the right time. Using and following the right recruitment processes can facilitate the selection of the best candidates for the organization.
In this competitive global world and increasing flexibility in the labour market, recruitment is becoming more and more important in every business. Therefore, recruitment serves as the first step in fulfilling the needs of organizations for a competitive, motivated and flexible human resource that can help achieve its objectives.
According to Edwin B. Flippo, “Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the organisation”.
Recruitment Needs are of Three Types
v     PLANNED
i. e. the needs arising from changes in organization and retirement policy.
v     ANTICIPATED
Anticipated needs are those movements in personnel, which an organization can predict by studying trends in internal and external environment.
v     UNEXPECTED
Resignation, deaths, accidents, illness give rise to unexpected needs.
Purpose and Importance of Retailing
Ø      Attract and encourage more and more candidates to apply in the organization.
Ø      Create a talent pool of candidates to enable the selection of best candidates for the organization.
Ø      Determine present and future requirements of the organization in conjunction with its personnel planning and job analysis activities.
Ø      Recruitment is the process which links the employers with the employees.
Ø      Increase the pool of job candidates at minimum cost.
Ø      Help increase the success rate of selection process by decreasing number of visibly under qualified or overqualified job applicants.
Ø      Help reduce the probability that job applicants once recruited and selected will leave the organization only after a short period of time.
Ø      Meet the organizations legal and social obligations regarding the composition of its workforce.
Ø      Begin identifying and preparing potential job applicants who will be appropriate candidates.
Ø      Increase organization and individual effectiveness of various recruiting techniques and sources for all types of job applicants.
Ten-step Programme for sensible Recruitment
ü      Segment the target audience and direct the recruiting message to that audience.
ü      Use messages that sell.  Analyze what the candidates want and try and meet those needs.
ü      Make it easy for candidates to explore the opportunities being offered to them by facilitating, among other things, the ease of accessing applications and gathering information.
ü      Treat the candidate like a customer, for he is, in fact, shopping for a job with you.
ü      Never send a desperate message regardless of the urgency of the vacancy.
ü      Work with others to achieve your goals.
ü      Know what your competitors offer and be prepared to define your unique competence vis-à-vis that of a competitor.
ü      Company should never be scared to be imaginative or creative.  Candidates respond quite positively to unique and appealing messages.
ü      Don’t try just one source or method.  Use a variety of options to attract the best talent.
ü      Be persistent and patient while working towards your goals.
 
Recent Trends in Recruitment
 
The following trends are being seen in recruitment:
A) RECRUIMENT PROCESS OUTSOURCING (RPO)
In India, the HR processes are being outsourced from more than a decade now. A company may draw required personnel from outsourcing firms. The outsourcing firms help the organization by the initial screening of the candidates according to the needs of the organization and creating a suitable pool of talent for the final selection by the organization. Outsourcing firms develop their human resource pool by employing people for them and make available personnel to various companies as per their needs. In turn, the outsourcing firms or the intermediaries charge the organizations for their services.
RPO is a form of business that is processed forms various business resources for cost effective purpose.  It is a BPO in the field of human resource management and selection procedure.  In this employer, outsource their non-core jobs like recruitment activities to an external or third party service provider.  This involves whole process of recruitment in a channel wise and step by step procedure.
RPO is very different from staffing process in its proceedings.  In RPO, the whole process is owned and controlled by the same organization but in staffing process it is controlled by the service buying and completing it.
Advantages of outsourcing are:
·        Company need not plan for human resources much in advance.
·        Value creation, operational flexibility and competitive advantage
·        Turning the management’s focus to strategic level processes of HRM
·        Company is free from salary negotiations, weeding the unsuitable resumes/candidates.
·        Company can save a lot of its resources and time.
·        Economies get boosted through outsourcing recruitment processing.
·        Handles database of candidates’ profile, total recruitment tools investments and networking.
B) POACHING / RAIDING
“Buying talent” (rather than developing it) is the latest mantra being followed by the organizations today. Poaching means employing a competent and experienced person already working with another reputed company in the same or different industry; the organization might be a competitor in the industry. A company can attract talent from another firm by offering attractive pay packages and other terms and conditions, better than the current employer of the candidate. But it is seen as an unethical practice and not openly talked about. Indian software and the retail sector are the sectors facing the most severe brunt of poaching today. It has become a challenge for human resource managers to face and tackle poaching, as it weakens the competitive strength of the firm.
C) E-RECRUITMENT
            The buzzword and the latest trends in recruitment is the “E-Recruitment”. Also known as “Online recruitment”, it is the use of technology or the web based tools to assist the recruitment process. The tool can be either a job website like naukri. com, the organization’s corporate web site or its own intranet. Many big and small organizations are using Internet as a source of recruitment. They advertise job vacancies through worldwide web. The job seekers send their applications or curriculum vitae (CV) through an e-mail using the Internet. Alternatively job seekers place their CV’s in worldwide web, which can be drawn by prospective employees depending upon their requirements.
Many big organizations use Internet as a source of recruitment. E- Recruitment is the use of technology to assist the recruitment process. They advertise job vacancies through worldwide web. The job seekers send their applications or curriculum vitae i. e. CV through e mail using the Internet. Alternatively job seekers place their Curriculum Vitae’s in worldwide web, which can be drawn by prospective employees depending upon their requirements.
The internet penetration in India is increasing and has tremendous potential. According to a study by NASSCOM – “Jobs is among the top reasons why new users will come on to the internet, besides e-mail. ” There are more than 18 million résumé’s floating online across the world.
The two kinds of e- recruitment that an organization can use is –
ü      Job portals – i. e. posting the position with the job description and the job specification on the job portal and also searching for the suitable resumes posted on the site corresponding to the opening in the organization.
ü      Creating a complete online recruitment/application section in the companies own website. - Companies have added an application system to its website, where the ‘passive’ job seekers can submit their resumes into the database of the organization for consideration in future, as and when the roles become available.
Resume Scanners: Resume scanner is one major benefit provided by the job portals to the organizations. It enables the employees to screen and filter the resumes through pre-defined criteria’s and requirements (skills, qualifications, experience, payroll etc. ) of the job.
Job sites provide a 24*7 access to the database of the resumes to the employees facilitating the just-in-time hiring by the organizations. Also, the jobs can be posted on the site almost immediately and is also cheaper than advertising in the employment newspapers. Sometimes companies can get valuable references through the “passers-by” applicants. Online recruitment helps the organizations to automate the recruitment process, save their time and costs on recruitments.
Online recruitment techniques
·     Giving a detailed job description and job specifications in the job postings to attract candidates with the right skill sets and qualifications at the first stage.
·     E-recruitment should be incorporated into the overall recruitment strategy of the organization.
·     A well defined and structured applicant tracking system should be integrated and the system should have a back-end support.
·     Along with the back-office support a comprehensive website to receive and process job applications (through direct or online advertising) should be developed.
Therefore, to conclude, it can be said that e-recruitment is the “Evolving face of recruitment. ”
 
 
Advantages of e-recruitment are:
o    Low cost.
o    No intermediaries
o    Reduction in time for recruitment.
o    Recruitment of right type of people.
o    Efficiency of recruitment process.
Conclusion
                        India’s one billion populations make the country the second largest in the world in terms of population which is the very basis for successful organized retailing.  We should take heart from the fact that most of the world’s successful retail stories in the developed as well as in the developing countries have shaped up in small towns and villages.  These have not only proved as independent profit centers but have also brought gainful opportunities and success for all.  India’s Retailing industry has seen some hectic activity and growth in the last five years.  In 2008, retail sales in India could top one billion dollars ($1 bn. ) a day ($365 billion per year) according to a study released by ASSOCHAM.  Thus it is required for the retailers to go ahead with the proper recruitment policy for recruiting the employees for their firms.
 

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Research Report on China Chain Store & Franchise Industry in 2009

China Chain Store & Franchise industry is the last link of the market system as a whole. The movement of goods, dealing with the final consumer has a great advantage. At present, the oversupply of the market structure improves the situation of China Chain Store & Franchise unprecedented industry. Using good shopping areas, networking giant chain, fast forward, China Chain Store & Franchise industry is taking the direction of the industry chain irreversibly. As an industry leader in the movement, the chain industry will stimulate the development of upstream industries, including industry. The total volume of retail sales of consumer goods in China rose by 5. 9501 trillion yuan (719. 6 million dollars) in 2004 to 10. RMB 8488 billion (1. 5498 billion USD) in 2008, up 15% over year GDP growth of 5%. Since the beginning of 2004, total retail sales of consumer goods in China grew steadily. In a long-term, total retail sales of consumer goods while maintaining a good increase, which means that the retail market is playing an increasingly important role in promoting domestic demand, consumption growth , promote economic growth, achieving the scale and industrial companies in the industry. In 2008, China's sales volume of 100 chain companies reached 1. 1999 trillion yuan (171. 4 billion dollars), up to 18. The 4% and represented 11% of total retail sales of consumer goods in China, remained the same as the previous year. The total number of stores of the 100 largest companies rose to 120,775, increasing by 10. 6%. Gome Home Appliances Group is the first time in China top 100 enterprises of the chain in successive 3-year sales volume of 104. 59 billion yuan (14. 94 billion dollars), followed by Suning Appliance Group 102. 34 billion yuan, with Shanghai Bailian Group 94. 33 billion RMB, China Resources Vanguard Co. Ltd., 63. 8 billion RMB and Dalian Dashang Group Co. Ltd., 62. 55 billion RMB. In 2008, the volume of sales companies in China Top 10 in the chain has reached 579. 4 billion yuan (82. 77 billion dollars), representing 48% of total sales of top 100 companies in the chain. Meanwhile, the proportion in 2005, 2006 and 2007 was 47%, 48% and 50%. In 2008, the number of direct employees in China top 100 enterprises in the chain was more than 2 million and the number of newly opened stores had reached 23,844, with 20,000 stores in rural areas. The average investment in each store more than 3 000 exclusive shops in cities exceeded 5 billion RMB, which ended its direct investment to nearly 20 million RMB. In 2008, China among top 100 management companies in the chain, had 23 companies in the chain to participate in general merchandise (in 2007 the figure was 22), 7 companies engaged in aircraft and 4 companies in the category home building. Affected by the macro - economy in the second half of last year, companies involved in general merchandise, household appliances and home construction was under pressure category. However, it is interesting to note that the hotel chain industry developed very rapidly. Home Inn symbolizes the entrance of the hospitality industry in China top 100 enterprises in managing the supply chain and also showed his leadership. China Chain Store & Franchise Industry officially moves into retail in the area of production and wholesale services. The chain operating in the service industry will greatly expand the development of tourism, restaurant, washing and dyeing and color to expand the service, express delivery, transport, rent, Law, mediation services, the socialization of housework, etc. To some extent, the sales organization of the side chain products will be developed. In detail, the operation of the chain will soon be developed for supermarkets and convenience stores, general merchandise stores, local storage - the style supermarkets, shopping malls, discount stores, off-price stores and home centers. Convenience stores, merchandise stores and warehouse - style supermarket format will develop faster. In reading this report, readers can learn more about the current development of chain stores in China and the Environment-Franchise Development in China Chain Store & Franchise Industry Competition Chinese State Industry Chain Store & Franchise - Stage of development of the subsectors of China Chain Store & Franchise factors that influence the industry development of the China Chain Store and Franchise Industry of influence of the global financial crisis in China retailer and industry prediction franchise development trend of China Chain Store & Franchise leading companies in China Chain Store & Franchise industry and its operational status on investment opportunities in China Chain Store & Franchise industry Suggestions for the Development of China Chain Store & Franchise industry people takeover this report: international operators and China Chain Store & Franchise-UPS International and chain stores in China and industry suppliers to the industry franchise chain management Potential investors who are willing to enter China Chain Store & Franchise Industry Research attention to the chain stores in China and people in the franchise industry Others pay attention to the China Chain Store and Franchise Industry source: China Research and Intelligence If you want to copy or quote this article, please have the source for more information, please visit http://www. shcri. com / reportdetail. asp? id = 332

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What’s in store for the book industry and its authors?

In advertisements in recent months focused on the book industry has been rather poor. Authors and publishers are up in arms about the treatment of his work on copyright issues, and there is much talk about the quintessential American Foundation: lawsuits. Many authors and publishers are concerned about the rights of their books and receive most of their time and hard power. Like many in the industry knows, most of the time, the benefits that infiltrate the author must be channeled through different mediums before they can be rewarded for their work. Did you know that a book is considered successful when it sells about 5,000 copies of a book of fiction, and 7500 for a fiction book? This means that many authors writing several books at a time to stay afloat! The trial in May would be a good source of income in this case.
For many, even if the Internet raises copyright issues (as in the music industry). It also offers many new possibilities. As individuals increasingly began to rely on the Internet and more readers are turning away from traditional stores to online stores. Much of the trend in the publishing industry is geared toward selling books online and e-books. Many authors and publishers to use this alternative marketing Jack, creating their own websites to promote the book. With all these changes in the industry there are many who wonder what's next?
One answer might be "rookie" business as bookhitch. com. This new company has seen changes in the industry and the needs of authors and publishers to raise awareness of their work. bookhitch has developed a website that seems to take advantage of these new trends and has developed a smart website that allows authors and editors to list an unlimited number of books for free (there is a premium service that costs extra to get an idea of book). bookhitch is the place for authors / publishers promote their books and sites where readers can buy books that usually have to find when visiting shops and sites. So what makes this business so unique, besides the name? Side of the editor of the book, the author of magazines or a link to where the book can be purchased. This link takes the reader to an author / editor or the site where the book can be purchased. To help readers to reward authors for their work, and cut several channels, where their money once flowed. A percentage here and there with their work is no longer supported. What is the reaction so far? Go see for yourself! See the "Your Voice" on the homepage bookhitch. com home page, and feel free to add comments. The site was launched in May 2006 and already has a surprising number of books and visits to the site each day. bookhitch. com could be the site of many authors, publishers and readers have been waiting for.

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The Negative Impact “Get Rich Quick” Has Had On The Home Business Industry

Getting rich quick has the headquarters of the industry a bad reputation. The get rich quick something for nothing and has the mentality of people cree home business, but industry is not fraudulent is not true at all. Some companies are in the affirmative for the money fast. But there are many solid companies in the home business industry. I will tell you how many people were victims of their money and how to prevent companies that are frauds. I would also point out how you can find solid companies in the industry home-based businesses. Once you find a solid company, you're on the road to achieving their dreams.
There are two things that lead to the markets: greed and fear. Greed has especially given the home business industry a bad reputation. See that there are companies that are greedy and only want your money. Today, these business owners reported to know exactly what they do and instead of trying to help business owners at home, they just want the money fast. Now these companies are taking advantage of people get rich quick mentality. If you say things like "We will build your bottom for you" or "only work 10 minutes a day." These companies are based on the fact that people are greedy. And you know what they are usually right. Someone to get together and record. Now these companies ruin for companies from legitimate sources and hence the perception that building a home business is a scam.
Some things to see when creating a home business. First no company can guarantee that you will make money, you can guarantee a certain amount or money. But if a company is guaranteed, ie a million dollars, out of work, it makes sense. Next is not seeking something for nothing. To succeed in a home business, you have to work, it's just a fact. Any company that says other wise is lying. Once you understand that never will be something for nothing, it becomes much easier to detect fraud in the business of hospitality.
Then you should look into the product. The product is the key. Can sell without having to hire someone? Or is it a pure system of recruitment? If it is a pure system of recruitment below. Also, if they decide to market a company, be sure to use the product for you. When you have confidence in your product, company sales will be much easier. If you do not believe in what you sell, you will not be able to sell your product effectively.
Finally, it should take a look at the support you receive. The support is very important, especially when your home business. Is your company offers a solid education? If not, perhaps you should look elsewhere. How effective is the training? Trainers are available for questions and answers? These are just some things to consider when looking at the support system.
Remember this in a company that wants to participate. Make sure the product is something you enjoy and that you have won half the battle.

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