Recruitment process for any organisation is a crucial task, as only a good workforce ensures that all the processes are carried out in an efficient manner to reach the business goals. While recruitment companies in Mumbai face a myriad of challenges each time they wish to recruit new employees, the challenges faced during the financial year end recruitment surpass them all.

Most of the experienced people, don’t wish to change their jobs in March, as they are waiting for their hike in the upcoming financial year. So even if they get offers from different organisations, they won’t give it much of a thought, cause the new organisation would only consider their present salary and offer them a package based on that.

In such scenarios, a lot of companies face problems in carrying out certain processes to reach the business goals, because even though they have access to the talent pool, they are not able to get anyone on board.

However, once the employees get their hike, they are actively searching for a new job in the month of April, as now the new employer would have to consider their new salary before offering them a package. In a nutshell, the employees are now seeking for a hike over a hike by changing jobs. But employers are aware of the situation, that the candidates just got a raise, and if they don’t offer an impressive package, the employee might not change jobs, once again leaving the employer in a dilemma.

Getting new team on-board is always a challenge, and the candidates who are looking for a job, are becoming more and more aware of the fact, that they have more power in aspects of where they would work. If they don’t like the offerings of a company, they would easily move to another without a second thought. This poses a lot of problem for the recruiters, and all the companies, need to be on their top game to offer the best to their employees, to retain them for a longer time.