Strategic ways to improve HR recruitment and placement services

With ever growing demand of HR placement services in Mumbai, Delhi NCR and Bangalore, more and more HR Placement firms have established their base to provide HR placement and recruitment services. Now, this gives companies ample options to select the best HR placement firm for their recruitment and manpower needs.

We at GS Job Point believe in our ability and look for strategic, innovative ways to improve the placement, recruitment process every year. With decades of expertise we have seen how this industry has changed with tough nail biting competition. We formulate the requirement pipeline, analyze them, evaluate our exact solution react, extract our success ratio, map down the customer satisfaction and derive the next steps through comprehensive SWOT analysis.

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We have seen some basic elements, protocols and methodologies can help any recruitment agency to be ready to deliver unmatched services. Sharing few examples which are common in HR placement fraternity:

  1. Communicate effectively to understand if he/she has any alternative offers or not, the exact salary (CTC and take home)- this is the initial phase and you can easily eliminate the candidates whom you feel are not willing or may not turn out at the last moment.
  2. Be neutral and act as a bridge between the candidate and the employer: Ensure you are not too partial. Always understand that requirement of good candidates is the key element for any employer, similarly candidates looking for change also wants good companies.
  3. Know-how: This game is not just knowing about the candidate but is very important to know about the company to answer queries from candidates, any shaky answer or diplomatic approach may slip some good candidates
  4. A human touch: We do use technology and live a robotic life but then keeping in touch with candidates, offering other job opportunities to see if they have other need or not helps determining if the candidate will turn up or look for other option. Build good rapport and it will always pay.

Our strategic approach has helped us to grow and be one of the leaders in the HR placement and manpower services in Mumbai and Delhi NCR region. We are known for our services as we understand their requirement and get back with the industry best candidates. GS job point is proud of the core HR recruitment team and placement experts as they have shown a new dimension to serve the customers better with improved HR placement services.

 

 

Steps before registering your HR consultancy services

In the most recent decade, the HR consultancy has experienced a move from being a regulatory overhead, a non-beneficial office, to a key business partner. Helping  corporates to meet best man power services.

Human Resource Consulting has risen up out of administration counseling, as an  association’s necessities have gotten to be more unpredictable and specific, broadening  the hole between HR needs and work power capacities. This has highlighted the  capacity of HR administration consulting firms to fill this gap.

 Sounds Interesting? Well some of you might even think of being an Entrepreneur and start your own HR Consultancy!!!

Now, this is an optimistic thought which requires a lot of ground work to ensure that  you don’t fail at the mid-way.

 Some may think that registering a HR consulting firm and establishing itself is just a  cake walk. This is where real time experience helps; registering a HR consultancy service and establishing its credibility takes lot of hard work, good market research,

following trends and awareness.

You should foresee the challenges all the way with a vision to go ahead and get what you have targeted.

Even before you think of registration make sure you are through with some the basic  points mentioned below:

1.  Office space or place: address details for registration and future reference. Make  sure this is not just a gap fill up activity.

2.  Utility: Internet connection with a laptop or computer should always be ready to  take up the assignment

3.  Access to Database: Access to job portal, database, pool of resumes and CV’s is very  important aspect

4.  Back up: Adequate resource to run the HR consultancy, at least two members are  required so that one can meet the client, corporates and one can take care of the other activities

5.   Domain Expertise: HR consultancy requires strong domain experts to run the show with profitability

6. Website presence: Website presence is must with comprehensive information about the HR placement services and contact details

 7. Market research: Research is must to understand where exactly you stand even  before you start and relatively measure your next steps to visualize a realistic success path

 
Be on your toes as your are about to take a ride full of uncertainty, so as a pro-active step attend events and try to know how your nearest competitors and market leaders are going  about it. This will help you to analyze the thin gaps which might have escaped your attention. Understand the legal formalities, paper work required to register the HR consultancy firm. Name of the firm should be a unique identity which reflects your  business without any duplicity. So to sum up, one must have done the strong foundation to  begin a HR consultancy business.

Payment issues faced by HR Placement services: An overview

GS DollarEvery service provider, be it in any market segment tries hard to keep promise, sustain and grow to the next level. Similarly, an HR placement service in India has lot of competition and challenges to overcome and run it with long term vision. While start-ups or mid level HR consultancies work day in and out to line up the most trusted, experienced people to help various companies meet their requirement in quick time, they expect the same professional approach while receiving payment after a successful placement drive.

HR consultants constantly search for most appropriate candidates for any given profile be it technical or non technical, be it for freshers or for Senior management level professionals, it takes lot of understand, research, filtering right set of resumes, making sure all the desirable are matching with the resumes. Now, the next hurdle start while expert HR placement executives tries reaching out to the candidates, understanding if they are still in job hunt. What kind of profile the candidates are looking for. Confirming the present company requirement, profile, company details an HR consultant lines up the candidate. Sending a mail with details, follow-up mail and confirmation call are just few more to add to complete the process broadly. Now, after all these hard work when a candidate is placed the payment invoice is raised. The most common issues which most of the HR placement agencies face are:

  1.  Non Payment: Every Hr consultant must have faced non payment issue in his or her business  career life at least once or twice .  the  client refuse to make the payment saying candidate is not performing well.
  2. Lack of response: Once the candidates join, some of the companies never respond to confirm the details or even acknowledge the mail for confirmation
  3. Late payment: while they wanted resources right on time there payment never comes the same way. we also understand that sometimes it get delayed.
  4. Far from promise: They promise on a given date and the date keeps slipping down
  5. Misleading Information: Another aspect which is very common is misleading information about number of exact candidates joined after being lined up

 

While, GS Job Point has wonderful client tale with most professional companies who understand us, keep us engaged with continuous business, but then like many other HR manpower services, we have faced similar payment issues as well.

Being a known HR consultancy services in Bangalore, Mumbai and Delhi, we are always on our toes to ensure that we not only meet client requirement but help them with best resources available.

The HR placement services can only get success if they have the required competency to run the show and deal with small to large companies from multiple domains and we at GS Job point have made it possible. Since, payment is one of most generic issue which most of the HR consultancy services face, I thought of bringing up this pain point and request clients to keep their promise as we always do. Help us to be more charged up and deliver efficient services with timely payment for all our hard work.

Delivering Quality Manpower solutions for Corporates and Business needs

image 2This is straight from my experience: Let me share an interesting incidence with you all, I received a call from a HR professional from one of the most reputed CMMi level company. At the very first instance I could figure out that she was bit disturbed and was desperately looking for a HR placement agency who can help them getting the desired candidates on board.

Well, the requirement was for a Technical profile with management skills to handle technical project and handle a huge team of 30 resources spread over various geographies. Now, that is challenging isn’t it? As first step we started taking all the information about requirement, what is desired? What can be optional? Then more about the company, job profile, salary range, joining date, place of joining and so on. Once, we had a clear picture we assured that we will keep our promise and help you with most suitable candidates.

With years of expertise dealing with B2B HR consultancy services in Mumbai, Bangalore & Delhi, we have grown up to match up with any top notch HR placement firm in terms of resources and quick turnaround time. Our HR Placement team at Mumbai office worked out a planning scanned through the profile and mapped out the best candidates who can be lined up for the interview. Yes, now coming to the most crucial juncture where we keep our fingers crossed thinking all the candidates lined up should turn up for the interview, with timely follow up calls we ensured 100% turn up.

We called back the company desk and spoke with the HR and confirmed with them about the availability of the candidates. Within next few hours, I received a call from the same HR professional who was absolutely thrilled and shared that though she was bit apprehensive initially as being delayed with false promises in the past by others. She told that all three positions are now filled and the candidates lined up were exactly matching the way they wanted. Believe me the way she was happy about it, made me feel proud, a big thanks an hug to my team, they truly deserve a pat on their back. That one opportunity has bagged us with two more references and that’s how we keep moving up the ladders.

GS Job point is known for its growing relationship with corporates, understanding their requirement and successfully helping them to meet their manpower requirement. We promise to keep our promise anytime and every time.

 

How Hr Consultancy can serve clients better?

Be it any industry, you need to be on your toes to deliver most effective services. It is not just you but the agility required in your team to deliver results once and always. HR placement services are no exception and requires to climb up ladder every day to achieve targets. Companies placing their trust on you, so you are not just limited to do hard work but result driven work.customerserviceinsipiration3

Every day is a new day, every requirement is a new challenge, and if you have the zeal you will constantly evolve and ask yourself how could you serve your client better? How can you take an extra mile to ensure a happy client base with repeat business? With experience you can easily get to the problem solving mode and get to the requirement efficiently. Well, having said that it is not a cake walk by any means. Young HR professional working in HR consultancy may get scared with deadline and requirement at times. Being in the industry for more than a decade and running my own HR placement services, I can understand their pain points. Now, this where your leadership skill, expertise count.

HR consultancy services is driven through client requirement, which requires: proper understanding, mapping resources with the requirement, coordinating with them, scheduling interviews, taking feedback and get going. In order to serve the clients better, you need to serve your team better, make them feel good, motivate them, appreciate them and see how they deliver better result. Few key elements which you must inculcate in your team:

  1. Trust yourself: Motivate them, give positive feedback, so that they can trust on their ability
  2. Be confident: Make them feel comfortable and confident, ask them to learn from mistakes
  3. Ensure client satisfaction: Demonstrate the value of customer satisfaction and how to achieve it
  4. Quick solution: Adequate communication, quick turnaround are most important aspects to keep the ball rolling
  5. Listen well: Ask them to listen and get the requirement details without any presumptions
  6. Be a problem solver: Never say no or ask negative questions, remember if the task was that easy, they would never had reached you

Working with fortune 500 companies all across India, serving clients from multiple domain GS Job Point not only ensure client satisfaction but ensures that our internal team is happy and motivated to serve you better.

 

How to face competition in HR consultancy

 

The world we live in is full of challenges be it personal or professional life, you need to be proactive and full of energy to face them and get going.

Running your own business be it a stat up or a mid-size firm you need lot of confidence and self-motivation. Since, last ten years I have addressed enormous shift in trend while running my HR placement consultancy. There is huge competition in the market with new players coming in, it becomes more important to step ahead in the race with strategic approach.

Every city in India has huge list of HR recruitment agencies or say HR placement services available, this number even grows further in cities likes Mumbai, Bangalore & Delhi.

Now the question is How to face competition in HR consultancy?

Always remember that every business has its own plus and minus points, what make you climb the ladder is your attitude towards a problem. If you can constantly challenge yourself to better your own performance you are bound to get better results.

 

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Analyze your business strategy: Monitor, analyze your present strategy, compare with your past track record to map down what exactly works and what seems out of proportion. Now, this will show you some light with a clear picture, where exactly you are lacking. With a perfect SWOT analysis you can look out for new innovative ways come up with a strategy which suites best to deal with corporate recruiters.

Keep in Touch: “Out of sight is out of mind”. Yes, in most cases if you don’t keep in touch with your old corporate tie ups or prospects in pipeline, you tend to miss out on the next opportunity to work with them, so keep in touch in regular intervals.

Market & Competitor Analysis: With methodological market and competitor analysis you can rule the market. Being informed about what is best in the market, what your competitors are adopting, what is the present market demand in terms of pricing, commitment and service offerings, you can quickly draw line and find the differences. Work on them immediately make sure your offerings are matching the industry standards and you have an edge with the additional benefits that you can bring to your clients.

Value add: This is just like putting icing the cake. Everyone in the market works with similar services offerings with little difference in pricing but what makes you stands out has to be defined by you. Work on the areas which can make you different from the rest by going an extra mile in terms of client satisfaction. If you can show the value add you can bring in for them, they will love to choose you over others.

So, be determined look for the “X-Factor” that your HR consultancy has, be innovative, be prompt, stay connected and yes follow the thumb rule of keeping your promises with quick turnaround. If you can incorporate these points, am sure you are ready for competitive world of HR consultancy.

HR Consultancy and Placement Is all about professionalism

How many of you think that HR placement agencies or consultants are just there to make money? This is misconception in most cases. One who has focused approach on the HR consultancy services will ultimately help the business even keeping away from money making techniques.

If you are a human resource professional you give priority to the services and keep business as secondary option. Real consultancy services closely work with their client understand their need, what they foresee, what are the core expectation. Mapping these requirement with candidates who in true sense match the requirement is the next step. Being a HR consultant you need to be fair in determining if the candidate projected is exactly matching requirement or not. The intension is not to line up number of candidates to showcase that you have a huge pool of resources available. It is all about lining up quality candidates who will qualify and get selected in all probability.

Being a HR professional the first step is to know the mindset of a jobseeker, what kind of roles and responsibilities they look for and what they are capable of. As by now you have already understood the requirement from the client, you just need to act as a bridge between the jobseeker and the company. A successful placement send a strong message to the company and you win repeat business.

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Getting repeat business and word of mouth are two vital elements that can make a big impact on your business. With no false promises, keeping up with the deadlines, lining up quality candidates, eliminating the risk of bad hire, helps building your brand image in the market.

As said HR consultancy and placement is all about professionalism, if you want to grow, you need to be honest with your services. Always remember that hiring staff is a time consuming and an expensive option for most companies and hence they look for a HR placement agency or partner; being a partner you need to act like one.

GS Job point, HR consultancy services based out in Delhi, Bangalore & Mumbai is proud to be associated with clients who refers us to other industry leaders and this simply possible as we never thought of money making option. We feel happy when a successfully placed candidates come back to us with a bright smile, we feel good when our clients boost up saying I know you can do it. Successful services offering has been the protocol for GS Job point and we continue to follow the same footsteps.

Stay tuned for our next blog and keep posting your comments. You valuable suggestions can help us grow.

A new dimension to run HR Consultancy

Being a HR consultant you go through many situations that can make you feel down at times. Feeling high or low depends on you, how you perceive things in professional life.

We all face more or less similar issues, situations while coordinating a successful selection process. While some of us are ready to face the challenge as we can foresee the success and feel the real kick once a successful recruitment cycle is complete, others simply discuss it taking stress on themselves.

Since, the task is steep, stress is bound to be a part of it. As a HR consultant you need to be ready to handle the negative phase very calmly. Let me share my own experience; working as HR professional since last 8 years and running my own HR consultancy in Delhi, for 6 years I came across many situations which were challenging. When I look back I see myself, sitting worried thinking a lot about what went wrong, why candidates didn’t turn up? What if these situation continue? Yes, it happened with me too but then I had the zeal to stand up and look forward. I constantly motivated myself saying “I am ready to face it, I am ready to take a step ahead, I am positive to learn from every last minute hiccups” and gradually things changed.

I agree that positive attitude or inspiration is not something that you will get in one day. You need to list out few things as I did:

1.It was my passion to be into this profession – today I am HR professional feel good about it

2.It was me who thought to establish a placement agency in Delhi – today I have done it

3.I wanted to share my views – today I feel proud to be author of my book (Start Your Own HR Consultancy Company)

4.Always wanted to tie-up with big companies – today I have list of them

5.I wanted to make a difference – Now, this is where I have to still work so……carry on with the essence of positivity all around you.

Today, be it high moment or a low moment, I feel accomplished because I keep walking for the next target. Success has no end point if your efforts are in right direction.

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Companies looking for HR consultancy in Delhi may have thousands of options but the way you deal, understand their requirement and provide them the services matters a lot. Working with renowned clients with repeat contracts and successful placement records keeps me moving.

If you want to know more about HR consultancy, how it works or how to run a HR consultancy, please read my book “Start Your Own HR Consultancy Company”, you can order the book now at: https://www.gsjobpoint.com/about-us/start-hr-consultancy-company/

Stay tuned for my next post on Hiring. Feel free to share your thoughts and queries.

Documents required for starting a HR Consultancy company

 

What are the documents required for  starting a Hr Consultancy company ?  Here you need to First decide on the type of company you want to form. If we talk about types of companies there are 4 types of companies which you can form in India.

Folder icon ( 3d render) More Variations In My Portfolio a) Sole proprietorship

b) Partnership

c) Private Ltd

d) Public Ltd

  • Sole Proprietorship: A sole proprietorship also known as a sole trader or simply proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. All profits and all losses accrue to the owner. All assets of the business are owned by the proprietor and all debts of the business are his debts and he must pay them from his personal resources.

This is easiest and most affordable way to start an HR consultancy is to start it as a Sole Proprietorship firm.   If you are starting alone I recommend you to start as a sole proprietor, because it’s easy to start and total control is in your hands. There aren’t too much formalities involved in this kind of company. You just need to get a letterhead printed in your company name, print some business card, get a proprietor stamp made in your company name. With that in your hand just go in any bank to get current account opened in your company name. Once you have started your proprietorship firm, you should have these documents handy with you.

  1. Letter Head with the name of company
  2. Visiting card
  3. Company Rubber Stamp
  4. Your PAN Card
  5. Address Proof (copy of telephone bill. Electricity bill)
  6. Rent Agreement if you are running from rented premises
  7. Current account in the name of your firm in any bank.

 

  • Partnership: A partnership is a type of business entity in which partners (owners) share with each other the profits as well as losses of the business. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits before it is distributed to the partners

If you want to open partnership firm for your Hr consultancy, you will still need all the things needed in sole proprietorship but in addition to that you will be needing copy of partnership deed. In partnership firm all the partners will be the owners of the company based on the conditions mentioned in the partnership deed. A partnership deed can be executed by any lawyer.

  • Private Limited: A private company is a type of company incorporated under the law of government of India. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of public limited companies. If you want to open a Private Limited company for your Hr consultancy  you will need 2 persons as board of directors and you will need one auditor.  For registering your Pvt. Ltd. Company, you can contact any of practicing CA in your area to do that.
  • Public Limited: A public limited company is a type of limited company in the India which is permitted to offer its shares to the public.Its quite complex and can be chosen as a form to start your new  Hr consultancy company. It is advised only when your existing company grows very big.

Once after deciding which type of company you want to register, you can proceed to register your Hr consultancy company. Proprietorship companies can be formed yourself, partnership company can formed with the help of any lawyer sitting in tehsils or courts and Pvt. Ltd. Company can be formed with the help of any practicing CA.

Hope this post proves to be helpful to you.  For any query you can leave a comment.

Not getting clients for HR consultancy?

600x384xNot getting clients

Dear friends, with this note let me wish you all a very Happy and Prosperous New year, May this year bring lots of happiness and success in your professional and personal life. This is the perfect platform to share my happiness and Thank you all for such an overwhelming respond to my book “How to start HR Consultancy Company” which helped me to sold more than 100 copies.
In past few weeks, I have received certain calls and emails stating
“Not getting clients for Hr consultancy even after doing numerous calls to the hr persons and mailing our proposal to them. We don’t receive any revert from them and on follow-ups they tell us that we will contact you once we have any opening but we never get any mail”
Every business has its ups and downs but it doesn’t mean the situation will remain the same. What it just need is a ray of hope and go for it, keep contacting the HR personals through cold calling and emails. If they are no response, don’t be disheartened, there can be many reasons behind it:-
• It might be possible they already have lots of consultants empanelled with them and they don’t want to add more, but they want you to keep in pipeline for future bulk requirement
• These days Companies are focusing more on revenue side or can say on business target by limiting their budgets due to economic crises
• The company may be going through restructuring process
So with such reasons, one can just keep up the faith for good times and trust me if you have faith success is never too far .In my earlier posts I have already written “how to get clients for Hr consultancy” you can use that suggestions and beside this I am mentioning some more tips i.e.
 References matters a lot so, if you have any references use it .You may have HR’s in your friend circle, seniors and industry experts; ask them to help you or give your reference in any company as HR recruitment firm
 Get active on professional sites like LinkedIn, Cite HR etc. get connected with HR personals and then approach them with your presentable proposal
 Some companies put there openings on job portals, you can have an idea about their openings from there and speak to them
Remember lots of companies are getting registered everyday and they all require manpower for their firm to run it efficiently, effectively and here you have to search them. So be positive and keep trying.
Hope this Post prove to be helpful to you all .if not please share your views so that we can address it in my upcoming post. We truly value and Appreciate your comments and queries.