Chapter 5 - Planning For, Recruiting And Selecting The Workforce Flashcards
What does Strategic planning consists in?
Making decisions about long-term business objectives
What does HR planning consists in?
Follows strategic planning, consists in anticipating and making provisions to have the people required to meet these objectives
HR planning approaches can be _______ and _______
Qualitative, quantitative
The quantitative approaches to HR planning are: (3)
- Trend analysis
- Markov analysis (pattern of employee movement)
- Staffing tables
The qualitative approaches to HR planning are: (2)
- Management forecast
- Skills inventory
What are the 4 steps in HR planning?
- Forecast demand for labour (determine D)
- Determine supply of labour (determine S)
- Identify the gap between demand and supply (l D-S l)
- Develop action plans to eliminate the gap (Act to eliminate gap)
What is recruitment?
The process of locating and encouraging potential applicants to apply for jobs
What are the pros of internal recruitment?
Rewards employees for good performances
Motivates all employees
What are the cons of internal recruitment?
Might require training
Risk of inbreeding of ideas
May result in discrimination
What are some internal recruitment methods (3)
- HR management systems: database used to identify potential candidates
- Succession planning: Track employees and plan for future promotions
- Internal job posting
What are the pros of external recruitment?
- new employees bring unique skills
- increases variety of perspective and experiences
- increases innovation and creativity
What are the cons of external recruitment?
- lack of information about past performance
- Not familiar with organization
- not necessarily large pool of applicants due to high cost
What are the external recruitment methods?
Advertisements, internet, employment agencies, educational institutions…
What is selection?
The process of choosing individuals with relevent qualifications and who will best perform on the job
What does selection imply?
- Qualification - (Assessing applicants’ qualifications)
2. Suitability - (Choosing the one most suitable)