Forecasting of Human Resource Recruitment

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Presentation transcript:

Forecasting of Human Resource Recruitment

Forecasting the Supply of Outside Candidates Factors impacting the supply of outside candidates General economic conditions Expected unemployment rate Sources of information Periodic forecasts in business publications Online economic projections U.S. Congressional Budget Office (CBO) Bureau of Labor Statistics U.S. Department of Labor: O*Net Other federal agencies

Effective Recruiting External factors affecting recruiting: Looming undersupply of workers Lessening of the trend in outsourcing of jobs Increasingly fewer “qualified” candidates Internal factors affecting recruiting: The consistency of the firm’s recruitment efforts with its strategic goals The available resources, types of jobs to be recruited and choice of recruiting methods Nonrecruitment HR issues and policies Line and staff coordination and cooperation

Effective Recruiting (cont’d) Advantages of centralizing recruitment Strengthens employment brand Ease in applying strategic principles Reduces duplication of HR activities Reduces the cost of new HR technologies Builds teams of HR experts Provides for better measurement of HR performance Allows for the sharing of applicant pools

Sample Acceptable Questions Once A Conditional Offer Is Made Do you have any responsibilities that conflict with the job vacancy? How long have you lived at your present address? Do you have any relatives working for this company? Do you have any physical defects that would prevent you from performing certain jobs where, to your knowledge, vacancies exist? Do you have adequate means of transportation to get to work? Have you had any major illness (treated or untreated) in the past 10 years? Have you ever been convicted of a felony or do you have a history of being a violent person? (This is a very important question to avoid a negligent hiring or retention charge.) Educational background. (The information required here would depend on the job-related requirements of the position.) Figure 5–5

Measuring Recruiting Effectiveness What to measure and how to measure How many qualified applicants were attracted from each recruitment source? Assessing both the quantity and the quality of the applicants produced by a source. High performance recruiting Applying best-practices management techniques to recruiting. Using a benchmarks-oriented approach to analyzing and measuring the effectiveness of recruiting efforts such as employee referrals.

Selection Devices that Could be used to Initially Screen Applicants Note: *Higher is better. Table 5–1

Internal Sources of Candidates: Hiring from Within Advantages Foreknowledge of candidates’ strengths and weaknesses More accurate view of candidate’s skills Candidates have a stronger commitment to the company Increases employee morale Less training and orientation required Disadvantages Failed applicants become discontented Time wasted interviewing inside candidates who will not be considered Inbreeding of the status quo

Finding Internal Candidates Job posting Publicizing an open job to employees (often by literally posting it on bulletin boards) and listing its attributes. Rehiring former employees Advantages: They are known quantities. They know the firm and its culture. Disadvantages: They may have less-than positive attitudes. Rehiring may sent the wrong message to current employees about how to get ahead.

Finding Internal Candidates (cont’d) Succession planning The process of ensuring a suitable supply of successors for current and future senior or key jobs. Succession planning steps: Identifying and analyzing key jobs. Creating and assessing candidates. Selecting those who will fill the key positions.

Outside Sources of Candidates Advertising The Media: selection of the best medium depends on the positions for which the firm is recruiting. Newspapers (local and specific labor markets) Trade and professional journals Internet job sites Marketing programs Constructing an effective ad Wording related to job interest factors should evoke the applicant’s attention, interest, desire, and action (AIDA) and create a positive impression of the firm.

Outside Sources of Candidates (cont’d) Types of employment agencies: Public agencies operated by federal, state, or local governments Agencies associated with nonprofit organizations Privately owned agencies

Outside Sources of Candidates (cont’d) Reasons for using a private employment agency: When a firm doesn’t have an HR department and is not geared to doing recruiting and screening. The firm has found it difficult in the past to generate a pool of qualified applicants. The firm must fill a particular opening quickly. There is a perceived need to attract a greater number of minority or female applicants. The firm wants to reach currently employed individuals, who might feel more comfortable dealing with agencies than with competing companies. The firm wants to cut down on the time it’s devoting to recruiting.

Outside Sources of Candidates (cont’d) Avoiding problems with employment agencies: Give the agency an accurate and complete job description. Make sure tests, application blanks, and interviews are part of the agency’s selection process. Periodically review data on candidates accepted or rejected by your firm, and by the agency. Check on the effectiveness and fairness of the agency’s screening process. Screen the agency. Check with other managers or HR people to find out which agencies have been the most effective at filling the sorts of positions needed to be filled. Review the Internet and a few back issues of the Sunday classified ads to discover the agencies that handle the positions to be filled.