chap 5 (simplified) Flashcards
What is human resource planning?
Ensuring the right people are available and effectively utilized to meet business objectives.
What are the two approaches to forecasting employee demand?
Qualitative (management forecasts, skills inventory) and Quantitative (trend analysis, staffing tables, Markov analysis).
What is internal recruitment?
Filling job vacancies from within the organization.
What is external recruitment?
Hiring employees from outside the organization.
What is succession planning?
Identifying and developing internal employees for future leadership roles.
What is an HRMS?
A digital system that automates HR functions like payroll, recruitment, and performance tracking.
What is the selection process?
Choosing the most suitable candidate from a pool of applicants.
What is reliability in selection?
The consistency of selection procedures over time.
What is validity in selection?
How well a selection procedure measures what it is intended to measure.
Why is reference checking important?
It verifies applicant information and ensures reliability of their background.
