Plan your 2024-2025 HR Recruitment Budget with Huneety

Are you an HR professional planning your recruitment budget for the upcoming year? In this article, we will explore how to use Huneety to effectively manage and optimise your hiring expenses for the 2024-2025 fiscal year. The cost of recruitment has kept increasing : popular options such as Jobsdb and Linkedin have increased their pricing, and recruitment agencies can be expensive options for SMEs or middle sized companies. Due to the current economic climate, many companies are rethinking how they are spending and challenging their recruitment costs.

Click here to know more about how to reduce recruitment cost (For HR)

From understanding the key components of your recruitment budget to leveraging Huneety's powerful tools and insights, our aim is to help organisations to do better with less. So, what can you plan with us for the 2024/2025 fiscal year?

Huneety recruitment systems : ATS & Behavior assessment plaforms

Huneety ATS: An Applicant Tracking System (ATS) helps you gather applicants in one place. Often, companies fail to build a talent pool because resumes get lost in their folders. Huneety ATS helps you redirect applications from your job boards into one system and automatically matches your applicants from your talent pool to your open job positions. Huneety ATS also aims at facilitating a better collaboration with your internal team members in order to close recruitment faster. Click here to know more about what is an ATS
Personality and behaviour assessment platform : Personality and behaviour assessments help you make better hires and reduce the cost of Mis-hiring. Huneety assessments help to increase retention by identifying on the job behaviour before your first interview with the candidates. By recruiting the right employee, your company saves at least 4 times the salary of each candidate. Why soft skills are required in recruitment

Huneety recruitment plans

When planning headcounts, you must take into account several critical factors, including the general turnover rate, risk of terminations, resignations, and retirements. Industry studies, in Thailand highlight an average turnover rate ranging from 10% to 20% annually, depending on the sector and specific job roles. High turnover rates can be particularly challenging in industries such as retail and hospitality, where rates often exceed 30%.

Huneety helps you identify the right people on the job. What type of hire to you plan to hire?

Blue Collar Workforce

Huneety specialises in large-scale hiring campaigns across various manufacturing, service, and retail industries. We manage recruitment efforts in multiple regions, ensuring a robust and efficient hiring process to meet the demands of your workforce needs.

Interns and Young Graduates

Huneety supports mass hiring of interns and young graduates based on your specific requirements. We streamline the recruitment process to attract and onboard emerging talent, fostering a pipeline of future leaders and innovators for your organization.

Specialist to Mid-level Roles

Specialist to mid-level positions often constitute the general turnover of the company. To enhance cost-effectiveness and ensure high relevance in matches, we offer A.I match-making platform that aligns candidates’ skills and experiences with your specific job requirements.

Senior Management and Difficult-to-Fill Roles

Filling senior management and difficult-to-fill roles can be challenging without a strategic plan, such as succession planning or talent pooling. If these roles are not planned ahead, they may require the assistance of recruitment agencies. Huneety provides comprehensive recruitment assistance to ensure that each role is filled promptly and matches the specific requirements of the position, reducing the reliance on external agencies.