4.2 Recruitment Flashcards
what is staff retention?
The ability to keep employees (shows they like working there)
why is it important to recruit the right people and keep them?
right people will have the skills to do their job successfully and work hard. without the right people the business must spend more money + time recruiting people at the risk of losing customers to bad employees. it is key to keep the right employees for high staff retention
what is diversification?
this occurs when a business starts selling new products in new markets
why are new employees needed?
when starting a new business when the owner cannot carry out all necessary tasks alone
when expanding a business to increase production and provide diversification
When employees leave to fill the role
what is recruitment?
the process of finding/appointing new employees
what is internal recruitment?
when a business recruits employees from inside the business
what are the advantages to internal recruitment?
candidates have experience with the business environment and methods of working
candidates will know those they will be working with
provides motivation at the sense of promotion
cheaper as it avoids external costs on advertisement
how can businesses recruit externally?
via newspaper, radio or internet advertising
jobcentre Plus
Employment agencies
what is external recruitment?
when a business recruits employees from outside the business
what are the steps of the recruitment process?
1 - business needs new employees
2 - job description is made and person specification is drawn up
3 - job positions are advertised internally/externally
4- applications are received and kept until the closing date
what is job analysis?
the collection and interpretation of information about a job
why is a job analysis needed?
helps managers make effective recruitment/ selection decisions
what is a job description?
states the information about duties and tasks that make up the particular role
what is included in a job description?
title of the job, hours and workplace, main tasks of the job, employees that you are responsible for
what is a person specification?
sets the qualifications and skills required by an employee to fill the particular job