Recruiters are in demand
"A resourcing manager works closely with the business to help identify and source relevant talent," says Vencie Fung, manager of human resources practice at recruitment firm Michael Page. They help define recruitment needs and devise and execute strategies to meet the demand.
During the process, they screen resumes, interview and evaluate candidates for suitability and work closely with other departments - such as senior management and legal and compliance - to bring on board candidates with the right skill sets.
Resourcing managers may also deal with campus recruitment or hire experienced professionals, depending on the company's requirements. They may also work with executive search or recruitment firms to source talent, keep track of the employer's position against competing firms, and maintain a database of talent sources for recruitment purposes.
Resourcing managers are employed across the sector but, in light of the recovering economy, many banks have been on the prowl for talented resourcing managers to help them find the right people to staff their growing operations.
While becoming a resourcing manager depends on individual circumstances and timing, most start off as in-house recruiters and will typically need another three to five years before being considered for the role of resourcing manager. Many in the role will progress to more general positions, while there is the opportunity to move on to the company's business side.
According to Michael Page, resourcing managers in banking and finance, with at least eight years' experience and who handle in-house recruitment, can earn between HK$700,000 and HK$1million a year. Those with five to eight years' experience receive a salary from HK$350,000 to HK$700,000.
Fung says that salaries depend on both the company's business sector and the geographical scope of the job.
Institute offers certificate for programme
The Hong Kong Institute of Human Resource Management runs a certificate programme in sourcing and staffing which provides up-to-date knowledge and advice on sourcing and selecting staff for different types of organisations. It comprises 11 modules conducted over 37 hours, in subjects including human resources planning, outsourcing, in-sourcing and labour supply.
- Resourcing managers need to have collaborative skills to work across the organisation to find out what different departments need in terms of talent, and to match them with candidates who have the right skills.
- They also need to have strong interpersonal and communication skills, and be ethically-minded, since they will likely be the first contact for prospective job candidates who may join the company. They also need to provide a good impression and make the firm's employer-brand more competitive.