Discuss the new trends in Recruitment. Differentiate between Recruitment and Selection

. The new methods followed by Companies are outsourcing, poaching/raiding and e-recruitment.

1 Outsourcing Outsourcing is a process of transferring a business function to an external service provider. In recruitment out sourcing, a company completely transfers the selection process or part of it to a third party. The outsourcing firms help the organisation 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. These human resource pools will be made available to various Companies as per their needs.

2 Poaching/Raiding Raiding or poaching is a method of recruitment in which competing firms attract employees from rival firms. In simple terms poaching may be described as buying talent rather than developing. Hefty pay packages, other terms and conditions ______ ____ ____ ____ _____ _________ ____ _________ __________ ________.
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