Human Resources Flashcards
7 reasons for changing workforce
changes in demand for products or services
new skills required to research and develop new products and services
employees die, retire, resign
cover for sick leave or maternity leave
respond to flexible working arrangements
replaces employees who are promoted
business growth- openng new outlets- entering new markets
what is workforce planning
the process of analysing, forecasting and planning workforce supply and demand. It assesses gaps and introduces interventions to ensure the organisation has the right people, with the right skills in the right place at the right time
what is internal recruitment
recruiting from within the business by advertising internally
5 advantages of internal recruitment
relatively inexpensive as do not need to advertise externally
can motivate employees as they have a chance of promotion
saves time on induction training as the employee is familiar with the business
process may be shorter
4 disadvantages of internal recruitment
dont have access to a wide pool of candidates so may miss out on new experience, knowledge and skills
may not result in the best person for the role
existing employees may jostle for new positions which can stran relationships/ cause jealousy
creates another job vacancy which will take time and cost to fill
what is external recruitment
recruiting people from outside the organisation by advertising externally
5 disadvantages of external recruitment
can be expensive to advertise externally
can demotivate existing employees if new positions are always filled with new staff from outwith the organisation
external candidates are new so time and finance will need to be spent on induction training
unknown employees are hired which can be risky
recruitment porcess takes longer as there are more candidates
4 advantages of external recruitment
brings new and fresh ideas and skills to the business as there is a wider pool of candidates
more likely to find the best person for the role as there is a wider pool of candidates to pick from
can avoid jealousy in the workplace as existing employees are not promoted over eachother
does not create another vacancy that will need to be filled
