1.4.2 Recruitment, Selection & Training Flashcards
What is ‘recruitment’?
- The process of attracting & identifying potential job candidates who are suitable for a particular role
What is ‘selection’?
- The process of choosing the best candidate
What is collective barganing in business?
- A process whereby a group of employees (represented by a trade union) negotiate with their employer for better wages, working conditions and benefits
What is an indiviudal approach in business?
- Focuses on the relationship between employee & employer
- Assumes that each employee is unique & has their own goals, motivations, & interests
What is the recruitment and selection process?
Define-Source-Advertise- Recieve Applications-Selection
What are the advantages and disadvantages of outsourcing?
Advantages:
* This may allow businesses to access specialised skills that may not be available in-house
- May reduce labour costs
Disadvantages
* May lead to a loss of control over quality and delivery, especially if the outsourcing partner is based in another country
What are recruitment costs?
- Recruitment costs refer to the expenses incurred in the process of hiring new employees
What are some examples of recruitment costs?
- Include advertising, recruiting, interviewing, and screening candidates
High labour turnover rates can significantly increase these costs
What are training costs?
- Refer to the expenses incurred in the process of providing training to new or existing employees
What are some examples of training costs?
The cost of trainers, training materials, and facilities
- The effectiveness of training can impact these costs
- If the training is not effective, employees may require additional training or take longer to learn new skills, which can increase the cost of training
What are selection costs?
- Refer to the expenses incurred in the process of selecting candidates for employment
Give some examples of selection costs
- Refer to the expenses incurred in the process of selecting candidates for employment
- These include background checks and visa costs
- High labour turnover rates can increase selection costs as the business has to spend more regularly
What are the three types of training provided by businesses?
- Induction Training
- On the job training
- Off the job training
What is induction training?
A type of training that new employees receive when they start working for a company
- Introduces them to the company, its culture, policies, procedures, and their job roles and responsibilities
What are the advantages and disadvantages of induction training?
Advantages:
* Helps new employees to understand their job roles and responsibilities
- Improves employee confidence and motivation
Disadvantages
* Can be time-consuming and expensive to organise
- May not cover all aspects of the job role