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RECRUITMENT Part I.

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Presentation on theme: "RECRUITMENT Part I."— Presentation transcript:

1 RECRUITMENT Part I

2 Chapter Objectives Explain the external and internal environment of recruitment Discuss the internal and external recruitment factors Describe the recruitment process Describe internal recruitment methods Explain external sources of recruitment Identify external recruitment methods Explain the relevance of a recruitment strategy Describe an applicant tracking system Discuss of Internet recruiting

3 Recruitment The process of attracting individuals on a
timely basis, in sufficient numbers, and with appropriate qualifications, and encouraging them to apply for jobs with an organization.

4 Recruitment What is the role of a recruiter?
Why is it important to have a recruiter? What is the future of recruiting?

5 Recruitment Sources and Methods
Recruitment sources: Place where qualified individuals are found Recruitment methods: Means by which potential employees can be attracted to the firm

6 Recruitment Strategy Defined direction used to identify source and
attract a candidate pool.

7 Recruitment Strategy

8 External Environment of Recruitment
Labor Market Conditions Legal Considerations Corporate Image

9 Internal Environment of Recruitment
Human Resource Planning Promotion Policies Firm’s Knowledge of Employees Nepotism

10 Recruiting Process Overview
Candidates Need definition Candidate generation Clients Response management Vendors Screen & select Hire Hire Recruiter (Team)

11 Generator Group Recruitment Process

12 Methods Used in Internal Recruiting
Job Posting Employee Referrals Internal Job Fairs

13 External Recruitment Sources
Why external recruitment? Acquire skills not possessed by current employees Obtain employees with different backgrounds to provide a diversity of ideas

14 External Recruitment Sources
Internet Community Colleges Colleges and Universities Competitors and Other Companies Outplacement Firms Military Personnel Consultants or Researcher Professional Associations

15 External Recruitment Methods
Advertising Employment Agencies Job Fairs/Virtual Job Fairs Executive Search Firms Target Research Internships Professional Associations Open Houses Event Recruiting Sign-on Bonuses Company Database Target Internet sites

16 Advertising Communicates firm’s employment needs through media such as radio, newspaper, television, industry publications, and the Internet Should indicate how to respond Closing date

17 Employment Agencies Used to hire contingent worker
Great for non-exempt level jobs Agencies have on-site representation at companies Example: Volt and Kelly Services

18 Job Fairs/Virtual Job Fairs
group of employers gather collectively to recruit applicants Virtual Job Fair companies come together to recruit applicants online

19 Internships Places student in a temporary job
No obligation to hire student permanently or for student to accept a permanent position Typically a temporary job for summer or a part-time job during school year Students bridge gap from theory to practice.

20 Search Firms Dedicated resource to locate experienced professionals and executives Have established network of professionals Contingency search firms – receive fees only upon successful placement Retained search firms – receives payment up front, during the project and after successful placement

21 Professional Organizations
Specialized organizations for certain professions Serves as a educational resource for that profession Example: SHRM

22 Open Houses Opportunity to get managers directly involved
Cheaper and faster than agencies May attract more unqualified candidates

23 Event Recruiting Opportunity to create image of company
Go to events that people you are seeking attend Opportunity to create a casual recruiting environment

24 Sign-on Bonuses 3 out of 5 companies use signing bonus as recruitment tool Often used when applicant maybe leaving $ on the table Amounts vary depending on the level of position

25 Key Metrics [Time-to-hire] [The total time required for hiring.]
[Quality-of-hire] [How satisfied an organization is with a hire.] [Number of vacancies outstanding] [The total number of job vacancies the company has.] [Cost-per-hire] [The total cost associated with a given position and hire.] [Recruit source effectiveness] [The effectiveness of each source the company uses to generate candidates.]


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