Introduction to Business Lecture 16

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Presentation transcript:

Introduction to Business Lecture 16 MGT211 Introduction to Business Lecture 16

Human Resource Planning HR Planning Includes: What is the gap between human Resource demand and supply in the market. What is the condition of human resource supply in the market. Sources to find people Internal Sources External Sources

Human Resource Planning Skills Inventory A chart that shows skills of workers in the organization. Replacement Chart A chart that shows turnover in an organization.

Turnover Rate Tendency to leave jobs in an organization. Retention. To retain the people in the organization. Expansion Plans.. Replacement on the basis of performance.

Recruitment The process of attracting the people for the job. Advantage of recruitment within the organization People are already trained.

Recruitment Advantages of recruitment outside the organization Variety of Talent Variety of Abilities Variety of Qualifications Equal Employment Opportunity No discrimination on any grounds for hiring people.

Sources to find People Informal Search Job Posting This method is used when reference is also required. Job Posting Putting notices for job on various places in the organization Places can be: Cafeteria Fair Price Shop Sports Field

Sources to find People Job Posting Putting notices for job on various places in the organization Places can be: Reception Desk Notice Board Union Office

Sources to find People Educational Institutions Consulting educational institutions for suitable candidates for the job. Educational Institutes are consulted when: Fresh Graduates are required. There are not many institutions for a particular job. Short Listing of institutions. Organizations involve teachers in the selection process.

Sources to find People Professional Associations Recruitment Agencies This method is used when people for senior posts are required. Recruitment Agencies These are the organizations which have expertise in selecting people. These agencies are used when: Time span for selection is short. Jobs are highly technical in nature. Employer and employee are at a distant place.

Sources to find People Advertisement Disadvantages of using media Giving advertisement in media. Media is used when: Large number of jobs are available. Disadvantages of using media Large number of applications are received. It is difficult to handle large number of applications. Costly

Selection The most important stage in HRM process. It includes: Filling up forms Interviewing people Developing tests Application Blank A form designed by the employer for the prospective employee to fill it out. It records data according to the requirement of the organization.

Selection Test and Interview Types of Tests Use of test and interview depends upon the nature and level of the job. Types of Tests Achievement Test Test of knowledge acquired by the candidates in educational institutions. Psychological Test To determine the attitude and traits of the candidates.

Selection Types of Tests Skills Test Medical Test Aptitude test Test of prior learning Skills test Medical Test To keep in record the physical condition of the candidate before joining the organization. To make sure that candidate does not have any transferable disease.

Selection Considerations for Test Development Validity Reliability Content Validity Contents of the test should be relevant to the requirement. Construct Validity Sequence of the questions. Face Validity Appearance of the test.