Recruitment

• Recruitment = the process of finding and selecting suitable candidates for a job.
• Internal recruitment = hiring employees from within the company.
• External recruitment = hiring employees who are not currently employed by the organization.
• Costs of recruitment = time, money, effort, stress, and loss of productivity.
• Induction training = the process through which employees adjust or acclimatise to their new jobs and working environment.
• On the job training = training that takes place on the job, rather than in a classroom.
• Off the Job training = training that takes place outside the workplace, such as a course or a workshop
• Process of recruitment:

  1. Define the role
  2. Determine the best source of candidates
  3. Advertise
  4. Receive an application
  5. Selection process
• Costs associated with recruitment:

  • Recruitment costs
  • training costs
  • Selection costs

  -> the expenses incurred in the process of selecting candidates