CHAPTER 3: HIRING, RECRUITMENT AND SELECTION Flashcards
What is human resource planning?
Process to ensure the right amount and the right kind of people to deliver a level of output or services.
Labour supply (kínálat): people who are available
- external and internal labour market
Labour demand (akikre szükség van): people we need
- productivity
- product demand
When Labour demand is bigger than Labour supply…
There is a shortage of workers, the company demand more labour
- temporary and part-time jobs
- overtime
When Labour supply is bigger than Labour demand…
We have too many employees
- job sharing
- layoffs
- pay cuts
When Labour demand and Labour supply are equal…
I can make changes
Redeployment: training and career development programs
Replacement: promote people and hire outside
What is the definition of hiring process?
A hiring process is a carefully crafted step-by-step plan for hiring the best talent. It involves everything from attracting, sourcing, interviewing to short-listing and onboarding recruits.
What is employee turnover?
Employee turnover is the percentage of employees that leave your organization during a given time period.
What are the challenges of the hiring process?
- Determining characteristics important to performance: whether the job fits the candidate, has the necessary skills
- Measuring characteristics that determine performance: measuring math skills during a face to face interview
Performance= ability*motivation
What are the sources of recruiting?
- Current employees
- References from current employees
- Former employees
- Customers
- Advertising
- Internet
- Consultants
- Temporary agency workers
- College/School/University
External vs. Internal candidates: advantages and disadvantages
External:
+ fresh perspective, new ideas
- reaction of current employee, limited ideas, taking time to learn
Internal:
+ lower cost compared to external hiring process, positive sign of advancement (fejlődés)
- no new ideas and different approaches
What are the steps of Hiring Process?
- Identify need and develop position description
- Recruitment planning
- Sourcing and advertising
- Assess and interview candidates
- Selection (personality test, honesty test, interview)
- Onboarding for success
What is the definition of reliability?
Consistency and efficiency of measure, taking care of errors
What is the definition of validity? Define the 2 strategies
- Content: degree the content of method is representative of job content
- Empirical