week five - attraction and hiring of human resources Flashcards
what is human resource planning
the process used to ensure that an organisation has the right number of people with the right skills/knowledge to deliver a particular level of output
what are the goals of hrp
- prevent labour shortages or surplus
- ensure the HR system fits the business strategy
- align the goals of the top management, staff managers and line managers
what are some responses to labour demand exceeding labour supply
- training/retraining
- succession planning
- promotion from within
- recruitment from within
- subcontracting
- use of part timers or temporary workers
- use of overtime
what are some responses to labour supply exceeding labour demand
- pay cuts
- reduced hours
- work sharing
- early retirements
- inducements to quit
- layoffs
what happens when there is a labour shortage
- losing market share or growth opportunities
- paying overtime rates
- an increase of work accidents
- decrease in task effectiveness
- an increase of stress
what happens when there is a labour surplus
- retraining costs
- financial compensations
- worsened atmosphere due to layoffs
what i meant by a reactive vs proactive HRP
short-term ‘fire fighting’ vs long-term competitive advantage building
what are the HRP stages
1) definition of goals
2) analysis of current conditions
3) labour demand and supply forecast
4) analysis of HR response needed
5) forecast and evaluation of the consequences of the different options (choice of responses)
6) preparation of action plans (implementations of responses)
define recruitment
the process of generating a pool of qualified candidates for a particular job
define selection
the process of deciding which candidate is chosen to occupy the job offered
define socialisation
the process of orientating and integrating new employees into the organisation and the unit in which they will be working
what are the stages of the hiring process
1) determining the existence of vacan t positions
2) recruitment process
3) choice and implementation of selection tools
4) choice of candidate
5) medical tests (if applicable)
6) signing of the employment contract
7) joining the company and beginning the socialisation process
8) evaluation of the hiring process
what are the types of approaches to hiring
- internal vs external
- massive vs individualised hiring
- job-based vs company based hiring
- focus on high normalisation jobs vs low normalisation jobs
what are the different reasons for starting recruitment
- reactive recruitment: deriving from a request from a unit within the organisation
- proactive recruitment: derived from proper and continuous use of HRIS, HR planning and staff planning
what are the different recruitment sources
- internal sources: consideration of an organisation’s employees as candidates to fill job vacancies (internal labour markets)
- external sources: consideration of people from the outside the organisation as candidates to fill job vacancies