Exam 2 Flashcards
the process of identifying potential employees, communicating job and organizational attributes to them, and convincing them to apply for available jobs
recruitment
when an individual is _____, he or she has the knowledge, skills, and abilities (KSAs)-the competencies-to do the job and help the firm achieve its organizational goals
qualified
two parts of a solid recruitment plan
knowing the best sources for recruitment and carefully crafting a recruitment message
two ways to recruit
internally and externally
the process of seeking job applicants from within the company
internal recruiting
six guidelines for successful internal recruiting
- develop and communicate job pathways for promotions and lateral moves within the company 2. develop a process for job postings that is accessible to all employees 3. ensure job ads clearly communicate job requirements and expectations 4. use employee records to identify potential candidates and invite them to apply 5. follow up with all internal applicants to acknowledge their app and keep them informed of progress of search 6. treat internal candidates with same level of care as external
the most frequently used technique for notifying current employees about job openings within the company
job postings
a searchable database that can be used to identify employees who meet certain job requirements
employee inventory
another internal way of recruiting that is not as good or as reliable
word of mouth
the process of recruiting employees from outside the organization
external recruiting
the geographic location in which one can reasonably expect to find a sufficient supply of qualified applicants
relevant labor market
two factors that have the greatest impact on where recruiting should take place
the skill level of the job (higher the skills level, the harder it is to find qualified candidates) and the harder it is to find qualified candidates, the broader the geographic area in which you must search
ways to do recruit externally
advertising, educational institutions (externships and internships), career fairs, employment agencies and employee search firms, professional associations, temporary employees, employee referrals, sourcing applicants, re-recruiting
ways for employers to connect with students in the workplace who could become future employees
externships and internships
an opportunity for employers to interact with a large number of potential applicants at one time
career fair
not-for-profit employment agencies affiliated with local, state, or federal governments
public employment agencies
an agency that provides job search assistance for a fee, and often select professions only
private employment agency
an employment agency used by employers with payment made as a flat fee or percentage of the new hire’s first-year salary, and paid only if the search is successful
contingency recruiting agency
an agency sued for recruiting high level positions, such as CEOs and vice presidents, with the agency paid a retainer for the work it does
retained search agency
executive search firm or headhunter
an agency that charges based on the time it spends recruiting rather than paying an amount per hire
on-demand recruiting service
an agency that contracts with an employer to administer some or all of the employer’s recruitment functions
recruiting process outsourcing (RPO)
a person hired to work for the company for a short period of time but who may become a permanent employee
temp-to-hire
an independent contractor, also known as a freelancer, hired by an employer on a temporary basis to perform specialized work
gig worker
one of the most successful external recruiting programs
employee referral programs
the process of identifying, attracting, and screening potential applicants who are not actively in the market for a new job
sourcing
the process of enticing qualified former employees to return to the company to work
re-recruiting
advantages of internal recruiting
more cost effective, existing employees know company operations and culture, advancement opportunities to motivate employees, performance data available on applicants
disadvantages of internal recruiting
creates a new vacancy, employees are too entrenched in current ops and culture to make needed changes, employees not selected may become problematic or leave, existing employees may not have the needed skills
advantages of external recruiting
brings new ideas into the company, can bring in employees who can help change the culture, can bring in needed skills, opportunity to change diversity profile
disadvantages of external recruiting
more expensive, new hires have to learn company ops and culture, lack of performance data, existing employees not selected may be resentful
a marketing concept used to design the advertising message in such a wya that potential applicants can differentiate what one company offers to its employees from what other companies offer
recruitment value proposition
developing a long-term strategy to manage how a firm’s stakeholders, including its current and future employees, perceive the company
employer branding
individuals are more attracted to jobs in which they have more _______ in the recruitment message and how you craft that message is extremely important
information
a message that provide positive information about the job and company, as well as information that is likely to be less favorable to some potential applicants
realistic job preview (RJP)
what is one step in the recruiting process that it is extremely important not to forget even if these people don’t get jobs
recruitment follow-up
what three things send signals not only to potential employees but also to the world at large
value proposition (also ethics of the company), truth-in-hiring, and the groups they target
a tool that provides a metric of effectiveness of recruitment sources
yield ratio
the costs related to the recruitment part of hiring a new employee
cost-per-hire
a measure of the length of time it takes from the time when a job opening is announced until someone begins work in the job
time-to-fill rate
the firm’s total recruiting costs divided by the total starting compensation of new hires
staffing efficiency ratio
gauges performance of the employee and is a way to measure employee contribution to the company
quality of hire
the hiring manager satisfaction with the performance of the firm’s recruiters and his or her new employees
hiring manager satisfaction
the number of employees who leave a firm divided by the firm’s total number of employees in a year
first-year turnover
captures information about where applicant learned about job and which sources result in most and highest quality hires
referral rates from various sources
involves identifying the strategies used by other organizations in your industry that are similar in size and location
benchmarking
what does recruitment focus on
focuses on finding a sufficient number of qualified applicants to choose from
what does recruitment involve
all the activities involved in sourcing potential candidates short of selection
what is important to understand before you begin recruiting
why you are recruiting and the type of employees needed
external recruitment involves identifying the ____
relevant labor market
which recruitment source has the highest first year survival rate?
employee referrals
an important factor that determines applicant attraction to the company and job
the recruiter
the systematic process of deciding which applicants to hire
selection
making a determination about how likely it is that candidates selected will be successful in the job based on their current ability to do the job or the potential they have to able to learn to do the job and do it well
prediction
selection is about ___
prediction
three primary decisions of selection
- which applicants should be hired as new employees 2. which employees should be promoted 3. which employees should be moved to other jobs within the company that do not involve a promotion
the extent to which there is a good match between the characteristics of a potential employee, such as knowledge, skills, values, and the requirements of the job
person-job fit
the extent to which a selection measure yields consistent results over time or across raters
reliability
at a minimum, all parts of the selection process need to be
reliable, valid, and unbiased
what kind of fit is harder to assess and/or put into words
person-culture fit
most people are cut because they are not a good _____ fit
culture