Recruitment Process in Australia: Trends, Budget Planning, and Mistakes

Running head: HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCE MANAGEMENT
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Executive Summary
The report states the various methodologies and practices involved in recruitment of
candidates in Australia. The main aspects of recruiting a candidate is highlighted in this
report along with the key metrics by which the success of the recruitment process can be
judged. These metrics are mainly the skill of the candidate and the time period a candidate
stays with the hiring company. The report also discusses the general hiring process in
Australia in detail and mentions the shortcoming of the Australian recruitment procedures.
The report also illustrates on the need for hiring women in organisations to increase gender
diversity and also states the ways to encourage more women to join the companies. The
report also states few recommendation that may be implemented to streamline the recruitment
process further. The report concludes by summarising the main points of the report and its
analysis.

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Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................3
Talent acquisition planning and key trends............................................................................3
Recruitment budget planning and utilisation.........................................................................4
Recruitment process...............................................................................................................5
Recruitment of top female talents..........................................................................................6
Common mistakes in the recruitment process.......................................................................6
Recommendations for better recruitment including recruiting talented women........................7
Conclusion..................................................................................................................................7
Bibliography...............................................................................................................................9

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Introduction
In today’s world talent acquisition plays a major role. Talent leaders feel much more
confident when they start feeling that their own department is defining the future of their
company they are working at. In Australia more than 79% of the company management
leaders feel that talent acquisition should be given number one priority in their companies.
More than 45% of the Australian business leaders feel that a new talent acquisition’s success
should be measured by the volume of talent acquired, the period that the new talent stays with
the company and the satisfaction of the talent manager (Business.linkedin.com, 2019). Most
of the employers feel that top talents are attracted to a company with a bigger brand names.
Therefore, major widely known companies easily attract the top talents as most of the bright
people want to work there. This has led to the decision to invest more in company branding to
increase brand name.
The top leaders in industry recruitments claim that most top talents want to join a
company which has a career growth driven company moto and talks about challenges and
company culture. In this report, the recruitment strategy followed by top Australian talent
recruiters will be discussed with a special focus on recruiting female talent.
Discussion
The recruiting compartment of the company is not the most sophisticated or highly marketed
department of the company. It is not flashy because it does not help in generating revenue or
developing unique products for the company. Still it is one of the most important departments
behind the success of the company as it is responsible for recruiting quality employees for
the company whose hard work brings in revenues and creates unique products. The HR team
has become a key part of the company’s workforce.
Talent acquisition planning and key trends
Though most of the business leaders agree that the talent acquisition is the most important
part of the business, they all mention that the team size for a particular division would not
increase in the coming years. This is because the companies nowadays are focussing more on
the quality rather than the quantity. The talent recruiters are more dedicated in finding people
who are bright, energetic and willing to work in the company for a longer duration of time.
In the following section some important recruiting trends of Australian businesses are given
below: