Hi Meera,
Q. I wanted to discuss a common problem which almost coprorates & consultants are facing somewhere at time of Recruitments.
For some plant level critical positions we are working too hard for headhunting to get suitable candidates. Everythings is going most fine from Screening to Recruitment & Offer Letter. But suddenly candidates are deninding to join the company before a day or two from their joining date. They are infact using Offer Letter at present employer for salary increament.
In this situation the Corporate & Consultant both have to face difficulty. This is a common exprience of almost HR Persons.
Can anybody have any solution of it? Or is there any special kind of test to know thier seriousness about new oppurtunities or changing jobs.
A: You have raised a very pertinent question relevant to the Industry and we recommend the following initiatives :
1.The offer letter should have the clause that if the candidate fails to submit the copy of the acceptance of resignation within 7 or 10 days from the date of acceptance, then the terms and conditions of offer letter would be considered null and void.
2. Offer letter not to disclose the compensation package or the wordings can be "as discussed the compensation details would be given on your joining our organization".
3. Review the interviewing process especially the Red Flags as one should be able to discern and identify the candidates who are serious about the change and those who are just testing their market value.
4. Attractive joining bonus on joining the company infact it should be factored over a period of time say 3 to 6 months interval to ensure his/her buy-in and overcome his dissonance.
5. Implement a basket of options or flexible compensation plan.
6. Ask the candidate to drop in to your office one afternoon before he joins.
7. Keep the prospective employees informed of the current developments, events & news of the company through e-mails.
8. Lastly, pre-empt competition by working on pre-joining retention strategies.
If you have any questions/queries, please feel to contact me.
Best wishes, Kaushik |