A form of businesscontest that is fiercely competitive, where corporationsstrategize to identify, attract, and hire the most qualified people
Recruitment demandsseriousattention to management because any businessstrategy will falter without the talent to execute it
Fok de Jong: 'Finding the right people is the biggest limitation to our growth'
Labor market
A geographicalarea within which the forces of supply interact with the forces of demand, and thereby determine the price of labor
Tight labor market
Demand by employers exceeds the available supply of workers, which tend to exert upward pressure of wages
Loose labor market
The reverse of a tight labor market is true
Recruitment policies
Passive non-discrimination
Pure diversity-based recruitment
Diversity-based recruitment with preferential hiring
Hard quotas
In 1968, Allen-Bradley Company of Milwaukee failed to comply with US Executive Order 11246
Staffing decisions must be made on a case-by-case basis; race or sex maybe taken into account as one factor in an applicant's favor, but the overall decision to select or reject must be made on the basis of a combination of factors, such as entrance test scores or previous performance
Job posting by Po family-owned Potato Corner
Unique requirements the company is seeking in its store crew
Internal recruitment
Organizational culture is important, while employer brand and reputation becomes less important
Advantages of internal recruitment
Less transition time moving into new jobs
Greater likelihood of filling position successfully
Cheaper than filling from outside
Assuming those promoted from within are seen as deserving
Job posting
An established practice in many organizations, especially for filing jobs up to lower-executives levels
Employee referrals
Referral of job candidates by current employees, a major source of new hires at many levels
Employee referrals
Rate of employee participation seems to remain unaffected by efforts like higher cash bonuses, cars, or expense-paid trips
Referrals result in consistently lower quit rates than other resources
Temporary worker pools
Unlike workers supplied from temporary agencies, in house "temporaries" work directly for the hiring organization and may receive benefits
Temporary worker pools
Help meet fluctuating labor demands
Companies save on commissions to outside agencies
External recruitment
To meet demands for talent brought about by business growth, a desire for fresh ideas, or to replace employees who leave
Recruitment practices of large and small firms differs considerably. Larger firms tend to be more formal and bureaucratic than smaller firms
University relations
What used to be known as "college recruiting" is now considerably broader in many companies
University relations activities
Gifts and grants to the institutions
Summer employment and consulting projects for faculty
Invitations to placement officers to visit company plants and offices
Virtual career fairs
Driven in part by technology, VCF now have the ability to use video, voice and text to connect job seekers with recruiters and to span time zones and continents
Executive search firms
Typically retained to recruit for senior-level positions that command salaries that exceed $150,000
Executive search firms
Need time and commitment from the hiring organization to become a company "insider" and develop knowledge and familiarity
More expensive than other recruitment sources, companies spend more than $10 Billion on search fees each year
Employment agencies
Find people to fill all kind of jobs, from temporary to full-time, in a number of different career fields
Recruitment advertising
Companies use their website, online social tools, and collection of profile consumers, followers, and prospective candidates to find talent
Special inducements for newly recruited managers
Relocation assistance
Incidental expenses
Hotels and meals expenses
Car allocation
Process of recruitment
1. Notifying/inviting applicants
2. Examination
3. Announcement of the examination
4. Interview
5. Announcement of the interview
6. Requirements checking
7. Pre-deployment (issuance of locker and uniform)
8. Orientation and endorsement
9. Security check
Social media
Facilitate the social relationships that we have with other people, and the use of internet technologies make those relationships easier to develop and maintain
Types of social media
Social networking sites
Blogs and micro-blogs
Virtual worlds
Video-sharing websites
Perils of social media
Malware
Brand hijacking
Lack of content control
Non-compliance with rules over recordkeeping
Unrealistic expectations of internet performance
If organizations can find ways to manage the perils, the promise of social media will play out
Employment application forms
Ask only information that is valid and fair with respect to the nature of the job
Types of interviews
Telephone screening
In-person screening
Selection
Behavioral
Work sample
Peer group
Group or panel
Luncheon
Stress
Video conference
Recommendations, references and background checks
Used by 98% of employers to screen outside job applicants, can provide information about education, employment history, character, ability to perform the job, and willingness of past/future employer to rehire
Assessment methods in selection
As the complexity of work increases, organizations use more selection methods and use methods that capture the applicants capability to do the work