09 Recruiting Flashcards

1
Q

What is Workforce Planning?

A

Balances labor demand and supply

all other functional HR activities are derived from WFP

anticipates changes in HR requirements

aviods overstaffing and understaffing

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2
Q

Workforce Demand - Definition

A

How many people of which qualifications do we need?

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3
Q

Workforce Supply - Definition

A

Where are they coming from?

-Exisiting staff
-Labor market

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4
Q

Elements of a Recruiting Strategy (6)

A

Decision - Who is responsible for the decision?

Brand - Why does someone want to work for us?

Focus - what positions and KSAOs are most important?

Location - Where do we need talent?

Method - What sources are best for finding them?

Timing - Is our need immediate or in the future?

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5
Q

Overview Recruiting Methods

A

Internal - With and Without staff movement
and External - active and passive recruiting

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6
Q

Internal Recruiting Methods

A

Without staff movement - overtime, longer work hours, vacation moratorium, re-training, acquisition of apprentices, employee referrals, dev. programs

With staff movement - transfer of employees, promotion offering
internal job market

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7
Q

External recruiting Methods

A

Passive Recruiting
Unsolicited applications (applying w/o ads)
Candidate database
Employment agency

Active Recruiting
Jobs new media active sourcing
Recruitment fairs
headhunters
temporary workers

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8
Q

Internal Recuiting Method

1.
2.

A

without change of exisitng working contracts (extra work, vacation shifts)

with change of existing working contracts (relocation, conversion of employment contract)

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9
Q

External Recruiting Method

1.
2.
3.
4.
5.

A

job ads (post&pray)

commissioning of employment service firms

public employment agencies

headhunter

active search/ using social networks

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10
Q

Recruiting Method - Referrals

1.
2.

A
  • use contact of employees
    like friends, acquaintancies
  • business partners KUKI
  • former colleagues
  • relatives MIKI
  • internship retention programs (kundenbindungsprogramm)
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11
Q

Functions of Strong Brands

1.
2.
3.

A

Information efficiency

Risk reduction

Intangible Values

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12
Q

Strong Brand Function - Infomration Efficiency

A

Brands simplify information processing

  • origin/ provenance (=Herkunft)
  • orientation
  • Recognition
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13
Q

Strong Brand function - Risk Reduction

A

brands reduce the risk of making a wrong decision

  • security
  • consistency
  • trust
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14
Q

Strong Brand function - Intangible Values

A

Brands can have an intangible value

  • self realization
  • self expression
  • identification / allegiance (= Treue/ Loyalität)
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15
Q

Employer Branding - Definition

A

describes an employers reputation as a place to work and their employee value propostiion as opposed to the more genberal corporate brand reputation and value proposition to customers

Barrow and Mosley, the employer Brand

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16
Q

What does Employer Brand consist of

A

Employer view and Employee view

17
Q

Aspects of Employer View

A
  • preference creation
  • cost reduction
  • retention effect
18
Q

Aspects of Employee View

A
  • information efficiency
  • risk reduction
  • identification
19
Q

Deriving an Employer Brand - Company and Product Brands

A
  • coordination with general marketing activities
  • leverage strength and product brand
20
Q

Deriving an employer brand - External perspective

A
  • needs of the relevant target groups
  • differentiated messages for different target segments
21
Q

Deriving an employer brand - Internal perspective

A
  • consistency with the reality of employees
  • ability to keep promises
  • employees as brand amassadors (=Botschafter)
22
Q

Communicating the employer brand to the target group - Communication

A
  • job advertisement, print or online
  • E-Recruiting
  • job offers on website
  • articles or advertisement in scientific journals
  • blogs or online games and podcats on the company website
23
Q

Communicating the employer brand to the target group - Interaction

A
  • university events
  • high-profile recruiting events
  • career fairs
  • coffee chats
24
Q

Communicating the employer brand to the target group - Talent pools

A
  • internships and theses
  • apprentice ships/ dual career + study programs
  • building a candidate, database of interns, applicants and event contacts
25
Q

What is the Definition of Recruiting Metrics?

A
  • helps understand which recruiting sources work best for different employees
  • allows recuiters to find better employees faster and at a lower cost
26
Q

Measurement of recuitment success

1.
2.
3.
4.
5.
6.

A

Time to fill

Quality to fill

Yield ratio

Acceptance rate

Cost of recruitment

Diversity ratio

27
Q

Metrics - Time-to fill

A

refers to number of days when a job opening is approved to the date a person is chosen for the job

28
Q

Metrics - Quality to fill

A

metric that measures how well new hires have gotten up to speed are performing and their retention levels

29
Q

Yield ratio - Metric

A

Percentage of applicants from a particular source that make it to the next stage in the selection process, e.g. from applicartion to invitation

30
Q

Metrics - Acceptance rate

A

percentage of applicants who accept a firms job after being offered them

31
Q

MEtric- cost of recruitment

A

cost of recruiting channel per…

  • quality candidate, i.e. those invited to interviews
  • offer
  • hire
32
Q

Diverstity ratio - Metrics

A

percentage of applicants/ canditates / hires from certain diverse groups, e.g. gender, ethnicity, education etc.