Week 2 Flashcards
Recruitment
Means of attracting a pool of applicants from the job market
Selection
Choosing the right applicant from the pool of candidates
Examples of internal job candidates
Examining current HR records
Internal job postings
Rehiring former employees
Succession planning
Pros and Cons of internal
Pros
- Foreknowledge of candidates strengths and weaknesses
- More accurate view of candidates skills
- Candidates have stronger commitment to the company
- Increase employee morale
- Less training & orientation
Cons
- Failed candidates become discontented
- Inbreeding of status quo
Advantage of advertising
- Cost-effective
- Quickers applicant responses
- More applicants attracted over a longer period
- Online prescreening of applicants
Employment agencies
- can be public (labour department) or private
- general recruitment agency
- executive recruiter (head hunters)
- temp agency
Why ? - save top management time
- can solicit passive job seekers
- recruiters fee ,maybe insignificant compared to time saved
Campus recruiting
-CB career fair
- organise recruitment talks with career centres in unis
- provide good candidates with on-site applications & interviews
- arrange student internships
Employee referrals
- applicants are referred to the org by current employees
- referrals are a cost-effective recruitment program
Walk-ins / Job fairs
- Direct applicants from other sources
- Courteous treatment of any applicants is a good business practise for employee branding
- a job fair could be a PR activity.
How to assess the effectiveness of different recruitment sources:
- number of employment offers
- number of acceptances
- total cost in recruitment
- turnover after 1 year
- average performance rating after 1 year
Advantages and risks associated of using social media in recruitment
Pros (Advantages)
- global access to a diverse candidate pool
- can reach out to “passive” candidates
- better reach to digital savvy gen y & z candidates
- employer branding
- develop a pool of potentially qualified candidates
- obtain more information about the candidates
Cons (Risks associated)
- inavasion of applicant privacy
- information obtained may not be job relevant
- information posted are not standardised across applicants
- information posted maybe distorted due to applicants social desirability or self-monitoring