WHAT CONSTITUTES RECRUITMENT BUDGET

1
FASTCOLLAB

• WHAT CONSTITUTES RECRUITMENT BUDGET

2

• There are various heads to be considered while
  devising a recruitment budget.
• A generic list of cost categories which are to be
  tabled under recruitment budget is given below.
  However, it is to be noted that the budgeting of
  costs varies from company to company.
• Advertising Costs The amount of money to be
  spent on advertising throughout the budget period
  needs to be taken in consideration. Major
  advertising channels on which money is spent are
• Online Services Present workforce is online
  savvy and look for opportunities through online
  job portals. To be able to post job openings in
  job sites such as Naukri,Monster,Times
  Jobs,SimplyHired,Indeed,Shine, a subscription
  amount is to be paid to the portals. Either
  premium or classified job postings can be bought,
  depending on which the price will vary.

3

• Radio If openings in your company have a large
  and wide target base, radio services are apt for
  the advertising. The rates are quoted on per
  second basis.
• Print Print advertising includes publishing ads
  in newspapers, industry specific publications,
  pamphlets etc.
• Television The charges are quoted on per second
  basis. The quotes may vary for peak traffic
  hours.
• Job Fairs A job fair is where a large number of
  job applicants and employers meet. Setting up a
  desk in a job expo would require some investment.

4

• Log on to fastcollab
• More Details  applicant tracking
  system