Chapter 5: Planning for, Recruiting and Selecting the Workforce Flashcards
HR Planning vs Strategic Planning
Strategic planning: Making decisions about long-term business objectives
HR Planning:
• Linked to strategic plan
• Anticipating and making provisions to have the people required to meet these objectives
What are some HR Planning Approaches?
Qualitative:
- Trend analysis
- Markov analysis
- Staffing tables
Qualitative:
- Management forecast
- Skills inventory
What is trend analysis?
•Previous years’ data (org. index) to make projections about requirements
What is markov analysis?
•Pattern of employee movement: % and # who remain, are promoted, demoted, transferred, or leave
What is staffing tables?
•Graphic representations of internal jobs with # of employees (and possibly future needs)
What is management forecast?
•Opinions based on managers’ knowledge to determine future requirements
What is skill inventory?
•Information on current employees (education, experience, skills, etc.)
Which are the HR Approaches for demand and supply?
1) Demand: trend analysis, management forecast, possibly staffing tables
2) Supply: staffing tables, Markov analysis, skills inventory
What are the HR Planning steps?
- Forecast demand for labour
- Determine supply of labour - external and internal
- Identify the gap between demand and supply
- Develop action plants to eliminate gap
Explain Step 4. Develop action plants to eliminate gap
Oversupply
- attrition
- leave of absence without pay
- job sharing
- reduced hours
Shortage
- full-time/part-time hiring
- independent contractors
- use of overtime
- retention strategies
What are some HR planning results?
• Useable information about the demand
for and supply of employees
• Demand and supply also function of general economy
What is recruitment?
Recruitment is the process of locating and encouraging potential applicants to apply for jobs.
It can be done from within and/or outside
the organization.
Explain the recruitment process
- planning for staffing needs
- identification of current or future job openings
- getting individual job information (job description and job specifications)
- determining recruitment method (internal or external)
- creating pool of potential qualified applicants
What are the pros of recruiting internally?
- rewards employees for past good performance
- employees already know the org.
- serves as a motivator for all (perspective of being promoted)
What are the cons of recruiting internally?
- employees may not have required training or experience
- risk of inbreeding of ideas and attitudes; limited new ideas and perspectives
- may result in discrimination
What is risk of inbreeding mean?
- same ideas, no challenges, we like our way we like our boat, we like to keep the things the way they are
- we all think the same and we all agree and nobody rock the boat.
- this may result in discrimination
What are the methods of recruiting within?
- HR management systems: database of employee records to identify potential candidates
- Succession plan: identify, develop and track key employees and plan for future promotions; use this list to fill vacancies
- Internal job posting: company, internet, newsletter, etc.