Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr Stats suggest that an average job opening attracts around 250 resumes; however, only 2% of them get a call for an interview. This highlights how difficult it is for both the applicants as well as the recruiters to find the right choice.There is no denying that millions of people are continuously in search of a job. Yet, the question that poses a big challenge for recruiters is – “Are they talented enough for the opportunity?” “Will they be able to take up the responsibilities and prove useful for the business’ growth?”In case you are also in search of the right talent, scroll through these five recruitment tips from experts. Utilize them effectively and make every penny you invest while hiring worth the spend:Prepare an Effective Recruitment PlanOne of the key reasons behind successful recruitment is an effective and well-planned hiring strategy. It will ensure that you find the best candidate in time. Here are some of the crucial steps you need to follow while planning the recruitment drive:Write a compelling job description: This is the first step to attract the right candidate. Be clear with your requirements, working conditions and the advantages of the positions. Many times, misunderstandings lead to employees leaving the job just a few days after their hiring; thereby, incurring significant loss of money and time.Choose Right Ways to Advertise: Promote your requirement through effective mediums like social media, online job portals, consultancies, word of mouth, referrals to name a few. The higher the exposure, the more chances to trace the perfect talent.Screen the Applicants: Pick the resumes that are suitable for the position and inform the selected ones for the standardizedInterview the Best: This is one of the most important steps that will determine if you have chosen the right candidates or not. Ask them necessary questions and give details about the job profile.Make the Offer: Once you have selected the best among all, offer the job and discuss further essential details.All these steps also require a significant amount of capital.Create a Unique and Attractive Career WebsiteWe told you the steps, and now it’s time to dig deeper into the tips. Before posting the job requirement, you must create a useful career page on the official website. It not only informs the candidates about the openings but also helps them apply to your firm directly. Through this, you don’t just save your money but also get the candidates who are genuinely interested in the job opening. To make this process smoother, you can integrate your career page with an Applicant Tracking System. Utilize Referrals from Current EmployeesThough it is given a new term, employee referrals are one of the oldest ways to hire talented people. You can ask your current employees to refer a suitable candidate for job openings and offer them bonuses for each referral.You can also contact the best performing employees and ask them to recommend a talented human resource to improve the department’s performance. Most of the times, your current employees give perfect referrals as they don’t just have friends and past colleagues but also know the need of your company much better.Look for Talent InternallyAnother smart and effective way to hire the best talent is to promote internal employees to a new position. You can also make such offer to people across the departments if they have the ability and passion required for the job opening.Moreover, as this process is fast and does not require any addition to the current employee list, you will be able to forgo unnecessary expenditure spend on the hiring process and save your precious time as well. However, do keep in mind that this type of hiring works best only if you have an open position for a senior role.Focus on Building a Positive Work EnvironmentNowadays, best candidates look for work opportunities that offer them a perfect work-life balance. Therefore, to attract the right talent, you must also make your corporate environment more social and productive. A positive work environment also improves employees’ working abilities and help them give their best on the job. In a nutshell, if you value your employees, they too will perform better and feel responsible for your company’s growth.How Can a Business Loan Help Finance Hiring?Every recruiter enters a competitive recruitment market with plenty of questions. The entire process consumes a lot of time and money. Thus, it becomes necessary that one utilizes finances the right way.To ensure a smooth process, you can always apply for small business loans and cover the expenses. And no need to worry about the process as now taking business loans is just a few steps away. You can apply online and get instant approval with minimum documentation at financial institutions like ABFL Direct.Ken Robinson said once, “Human resources are like natural resources; they’re often buried deep. You have to go looking for them; they’re not just lying around on the surface.” Thus, once you have begun your journey to search for the best, don’t rest till you find it. Employees are important pillars of a company, and if you end up finding the best talents, the road to success becomes much easier.