2 - People: Talent Acquisition Flashcards
Applicant Tracking Software (ATS)
Provides an automated way for organizations to manage the entire recruiting process, from receiving applications to hiring employees.
- Greatly reduces the time spent reviewing documents
- Tracks where candidates found a job posting
- Helps build a database for use with future vacancies
May be mandatory for regulatory compliance
Assess & Evaluate
Selection Process
- Goal of assessment is to determine if candidate has potential to be successful in job.
- Aim for transparent decisions based on fact
Assessment Methods
Help to identify applicant knowledge and skills that cannot be determined through interviews
Attrition
HR Metrics
- Loss of employees for reasons other than firing and other employer-initiated events
- Implies that an employer has no direct control over how many personnel are lost to employee attrition
It is important to understand why employees leave, not just the fact that they leave.
Background Investigations
- Authenticate information (e.g., education and work history) supplied by a job applicant
- Usually improve hiring decisions
Behavioral Interviews
Focus is on how candidate handled past situations and on pointed questions about minimum qualifications
- “Give me an example….”
- “Describe a situation…”
- “Tell me how you handled…”
Best Practices for Employment Branding
- Brand pillar identification
- Achievement of work environment awards
- Personalized channels for external audiences
Building an Employment Brand
- Test the brand
- Execute the brand
- Reassess and revitalize the brand periodically
- Promote the brand continuously
Challenges of Global Job Descriptions
- Lack of global competency model
- Country variations
- Interpretations of job functions
- Expectations for similar jobs
- Approaches to on-the job development
- Work environments
- Compliance requirements BFOQs
Competency-Based Interviews
Candidates are asked to illustrate how they demonstrated KSAs in past
- “How did you manage this situation”
- “What did you do when X happened”
Contingent Assessments
Assessment Methods
- Drug tests
- Medical exams
Contingent Job Offer
Offer that is contingent on candidate passing certain tests or meeting certain requirements
Cost per Hire
HR Metrics
Cultural Assessment Tools
- Cross-Cultural Adaptability Inventory - CCAI
- Self-scoring
- Identify strength/weakness in communication
- Cultural Orientation Indicator - COI
- Web-based tool that allows one to assess their work style and cultural preferences
- Intercultural Development Inventory - IDI
- 50-item inventory based on Development Model of Intercultural Sensitivity (DMIS)
- Extent of intercultural development
- Self Assessment for Global Endeavors - SAGE
- Assist in decision making for employees contemplating global assignment
- Self, career & family
Curricula Vitae (CVs)
- Provide an overview of a person’s experience and other qualifications
- Are country- and culture-specific
Fairly detailed overview of a candidate’s accomplishments, especially those relevant in academia or research
Days to Fill
HR Metrics
Number of days from opening of job requisition to acceptance of offer
- Helps HR determine a realistic amount of time for hiring new employees
- Helps managers plan how to best redistribute work
- Supports resource and budget planning
Emphasizing speed may increase recruitment costs and decrease quality of hire.
Decision Process
Demographics
HR Metrics
- Provides basic statistics and characteristics about employee groups (e.g., age, occupation, income).
- Demographic trends provide important metrics for HR planning and forecasting.
Disclaimers
Job Descriptions Variations
Organization’s right to change responsibilities and tasks as needed by employer
Discretionary Assessments
Assessment Methods
Methods sometimes used to separate finalists who receive job offers
E-Recruitment Advantages
E-Recruitment Disadvantages
Growth Strategies
- Merger/Acquisition
- Joint Venture: Two or more companies invest together in forming a new company that is jointly owned.
- Greenfield Operation: A company builds a new location from the ground up.
- Strategic Alliance: Companies agree to share assets, such as technology or sales capabilities, to accomplish a goal.
Effective Questioning Techniques
- Turn each desired skill set or job characteristic into a series of open-ended questions.
- Facilitate the candidates’ sharing of their experience and expertise through their responses.
- Ask questions that lead a candidate to:
- Describe, in detail, his or her technical expertise.
- Discuss core competencies.
- Demonstrate problem-solving behavior, learning and communication style, and other necessary attributes.