Chapter 5: Recruitment and Selection Flashcards
what is HR planning?
process to ensure an organization has people employed who have the right competencies AND that they are being utilized effectively
why is HR planning important?
- ensures people are being utilized effectively
- links to the strategic plan
- key to business success
describe the company’s strategy
outlines key goals and actions to take in order to achieve those goals
describe trend analysis
using past data to predict employee demand in the future
what are staffing tables
graphic representations of internal jobs
describe markov analysis
tracks patterns of employee movements in and out of the company
what are the 4 steps of HR planning?
- forecast demand for labour
- determine supply of labour
- identify the gap between supply and demand
- develop plan of action to eliminate the gap
what is the overall goal of HR planning?
to achieve a balance between supply and demand of employees
define attrition
departure of employees for any reason including termination, resignation, retirement, death, etc.
define recruitment
the process of locating and encouraging potential applicants to apply for jobs
define employment branding
an employer’s reputation as an employer
what are the 5 steps of the recruitment process
- planning for staffing needs
- identify job openings
3.create job descriptions and specifications - determining recruitment method
- create pool of applicants
what are some methods of external recruitment?
- internet
- job fairs
- employee referrals
- applications and resumes
- employment agencies
- educational institutions
what are some methods for internal recruitment?
- HRM systems
- succession planning
- internal job postings
define selection
process of choosing from pool of applicants and hiring individuals who are best able to fulfill the requirements of the job
