03 Recruitment

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    Recruitment & SelectionRecruitment & Selection

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    Recruiting and Labor Markets: Key TermsRecruiting and Labor Markets: Key Terms

    Recruiting The process of generating a pool of qualified

    applicants for organizational jobs

    Labor Markets

    The external supply pool from which organizationsattract their employees

    Labor Force Population

    All individuals who are available for selection if allpossible recruitment strategies are used.

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    Labor Market Components: Key TermsLabor Market Components: Key Terms

    Applicant Population A subset of the labor force that is available for

    selection using a particular recruiting approach.

    Applicant Pool

    All persons who are actually evaluated for selection

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    Labour Market ComponentsLabour Market Components

    Labour Force Population

    ApplicationPopulation

    ApplicantPool

    Individuals

    Selected

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    Labor Markets and Recruiting IssuesLabor Markets and Recruiting Issues

    Labor MarketsLabor Markets

    Labor MarketsLabor Markets

    IndustryIndustry

    andand

    OccupationalOccupational

    KSAsKSAs

    IndustryIndustry

    andand

    OccupationalOccupational

    KSAsKSAs

    GeographicGeographic

    LocalLocal

    RegionalRegional

    NationalNational

    InternationalInternational

    GeographicGeographic

    LocalLocal

    RegionalRegional

    NationalNational

    InternationalInternational

    EducationalEducational

    andand

    TechnicalTechnical

    QualificationsQualifications

    EducationalEducational

    andand

    TechnicalTechnical

    QualificationsQualifications

    *KSAs*KSAs Knowledge, Skills AbilitiesKnowledge, Skills Abilities

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    StrategicStrategic

    RecruitingRecruiting

    StagesStages

    Figure 72

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    Strategic RecruitingStrategic Recruiting -- StepsSteps

    Human Resource Planning How many employees needed?

    When are they required?

    What are the KSAs? (Knowledge, Skills,Abilities)

    Diversity goals to be met

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    Strategic RecruitingStrategic Recruiting -- StepsSteps

    Organizational Responsibilities HR staff and Operating Managers

    Recruiting presence

    Recruiting Image Training of recruiters

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    Division of HR ResponsibilitiesDivision of HR Responsibilities

    HR Dept.

    Forecasting recruitingneeds

    Preparing Ad campaigns

    Plan & conductrecruitment efforts

    Audit & evaluate all

    recruiting activities

    Line Manager

    Anticipating needs ofemployees to fill vacancies

    Deciding KSAs

    Job requirements

    Review of success/failureof recruitment activities

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    Strategic Recruiting DecisionsStrategic Recruiting Decisions

    RecruitingRecruiting

    Source Choices:Source Choices:

    Internal vs.Internal vs.

    ExternalExternal

    OrganizationalOrganizational--

    Based vs.Based vs.

    OutsourcingOutsourcing

    Regular vs.Regular vs.

    Flexible StaffingFlexible Staffing

    Recruiting andRecruiting and

    EEO/DiversityEEO/Diversity

    ConsiderationsConsiderations

    StrategicStrategic

    RecruitingRecruiting

    *E ual O ortunit Em lo er *E ual O ortunit Em lo er

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    Strategic RecruitingStrategic Recruiting -- StepsSteps

    Strategic Recruiting Decisions Organizational based v/s Outsourcing

    Regular v/s Flexible staffing

    Equal EmploymentOpportunity (EEO) &Diversity

    Recruitments Source Choice

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    Strategic RecruitingStrategic Recruiting -- StepsSteps

    Recruitment Methods Internal

    Internet / Web Based

    External

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    Internal Recruiting MethodsInternal Recruiting Methods

    Organizational data base Job posting system

    Promotions and transfers

    Current employee referrals Re-recruiting former employees

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    External RecruitingExternal Recruiting

    Employment AgenciesEmployment Agenciesand Search Firmsand Search Firms

    College andCollege andUniversityUniversityRecruitingRecruiting

    High Schools andHigh Schools andTechnical SchoolsTechnical Schools

    LaborLaborUnionsUnions

    ExternalExternal

    RecruitingRecruiting

    SourcesSources

    Media SourcesMedia Sourcesand Job Fairsand Job Fairs

    CompetitiveCompetitiveSourcesSources

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    Internet Recruiting MethodsInternet Recruiting Methods

    Job BoardsJob Boards

    Professional/Professional/

    Career Web SitesCareer Web Sites

    Employer Web SitesEmployer Web Sites

    InternetInternetRecruitingRecruiting

    MethodsMethods

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    Internet Recruiting MethodsInternet Recruiting Methods

    Job Boards is a website that facilitates jobhunting and range from large scale generalistsites to niche job categories

    Naukri.com

    Monster.com

    Career/Professional sites usedinterchangeably with Job Boards

    Employers websites company website Infosys website

    Wipros website

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    Advantages and Disadvantages ofAdvantages and Disadvantages of

    Internal and External Recruiting SourcesInternal and External Recruiting Sources

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    Internal RecruitingInternal Recruiting --AdvantagesAdvantages

    Rewards good work of current employees Improves morale

    Is cost effective

    Results in succession of promotion Known devil past performance is known

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    Internal RecruitingInternal Recruiting -- DisadvantagesDisadvantages

    Organizational inbreeding Group think

    May cause political infighting

    Promotee may find it difficult to establish hisauthority

    May add to the cost of training & development

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    External RecruitingExternal Recruiting --AdvantagesAdvantages

    Brings new ideas / perspectives fresh blood Helps get new competencies

    Provides cross-industry insights

    May reduce training costs trained hands Helps meet diversity requirements

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    Internet RecruitingInternet Recruiting

    Advantages Recruiting cost savings

    Recruiting time savings

    Expanded pool ofapplicants

    Morale building for currentemployees

    Disadvantages More unqualified

    applicants

    Additional work for HRstaff members

    Many applicants are notseriously seekingemployment

    Access limited orunavailable to some

    applicants

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    Evaluating RecruitingEvaluating Recruiting

    Evaluating RecruitingEvaluating Recruiting

    EffortsEfforts

    Evaluating RecruitingEvaluating Recruiting

    EffortsEfforts

    EvaluatingEvaluating

    TimeTime

    Required toRequired to

    Fill OpeningsFill Openings

    EvaluatingEvaluating

    TimeTime

    Required toRequired to

    Fill OpeningsFill Openings

    EvaluatingEvaluating

    RecruitingRecruiting

    Costs andCosts and

    BenefitsBenefits

    EvaluatingEvaluating

    RecruitingRecruiting

    Costs andCosts and

    BenefitsBenefits

    EvaluatingEvaluating

    RecruitingRecruiting

    Quality andQuality and

    QuantityQuantity

    EvaluatingEvaluating

    RecruitingRecruiting

    Quality andQuality and

    QuantityQuantity

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    Recruiting EvaluationRecruiting Evaluation

    General Areas for Evaluating Recruiting Quantity of applicants

    EEO (Job Reservation/Diversity) goals met

    Quality of applicants

    Yield ratios

    A comparison of the number of applicants at onestage of the recruiting process to the number at thenext stage.

    Selection rate

    The percentage hired from a given group ofcandidates

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    Recruiting Evaluation PyramidRecruiting Evaluation Pyramid

    Figure 79

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    Selection MethodsSelection Methods

    Yield ratios A comparison of the number of applicants at one

    stage of the recruiting process to the number at thenext stage

    Selection rate Percentage hired from a given group of candidates

    Acceptance Rate

    Percentage of rejected job offers

    Success Base Rate

    Comparing percentage rate of past applicants whowere good employees to that of current employees.