Recruitment

• Diversification occurs when a business starts selling new products in new markets
• Retention is the proportion of a business's employees who remain with a business over a period of time (usually a year)
• Recruitment is the process of finding and appointing new employees
• Selection is choosing the right employees from among those who have applied for a job
• Internal recruitment occurs when a job vacancy is filled from within the existing workforce
• External recruitment is filling a job recruitment from any suitable person not already employed by the business.
• Job analysis is the collection and interpretation of information about a job
• A job description states information about the duties and tasks that make up a particular job
• A person specification sets out the qualifications and skills required by an employee to fill a particular job
• A CV provides information about a person, including qualifications, employment history and interests
• Productivity is the quantity of goods or services produced by an employee over a period of time, such as one year.
• A contract of employment is a legal document stating the hours of work, rates of pay, duties and other conditions which a person is employed
• Full-time employment occurs when someone works a number of hours equal to the normal working week, usually around 35 hours
• Part-time employment takes place when an employee works for fewer than the normal number of working hours per week
• A job share exists when 2 or more employees agree to share the responsibilities of a single job
• A zero hours contract allows employers to hire staff without any guaranteed hours of work