Explain ‘Management Consultants’, ‘Employment Exchanges’ and ‘Media Advertising’ as external sources of recruitment.

(i) Management Consultants or Head Hunters: These days management consultants are available in the market. These firms are experts in the recruitment of managerial staff. In case of a vacant managerial post in an organisation their help can be sought. These firms are already in contact with suitable candidates for the managerial posts. Whenever, a demand is placed before them, they offer their candidates for such posts. For rendering this services they get their fees or commission. These firms also perform the job of advertisement for recruitment when the request is made to them.
(ii) Employment Exchanges: Employment exchanges are set up by the government in almost all districts. Name and other particulars of a job-seeker are recorded in the employment register. Under this system, personnel managers forward information regarding vacant jobs to the concerned employment exchange. Employment officer, in turn, forwards the names of applicants with requisite qualifications, from among those entered in his register, to the organisation. Manager of the organisation, interviews them and makes selection as per his requirement. This method of recruitment is mostly followed to select typists, clerks, peons, etc.

(iii) Media Advertising: Media is an effective way of finding out employees from outside the organisation. Through it people are attracted towards the organisation for higher and medium level jobs in large number. Advertisement is made with the help of newspapers, employment news, television, magazines, etc. The advertisement gives information about the number of vacant posts, nature of the job, required qualifications, remuneration, etc. This enlarges the area of selection for the organisation and as a result of it the appointment of good employees becomes possible. However, under this system sometimes a large number of unqualified applicants send their applications which results in a loss of time and money.