MGHB12H3 Lecture Notes - Lecture 6: W. M. Keck Observatory, Job Fair, Social Media Marketing
Document Summary
Chapter 5: decisions about talent need to be considered within the context of a, whether to recruit internally or externally, labour market for the desired positions (including global labour. It is not uncommon for firms to attempt to gain secrets from their competitors by hiring away their employees: some applicant bring revenue to companies, ex. Salespeople, doctors, accountants, lawyers and hair dressers: clients come with them when they transfer companies, companies would hire externally to meet their diversity goals. Labour markets: during periods of high unemployment organizations might be able to maintain an adequate supply of qualified applicants from unsolicited resumes and from internal labour markets. Regional and global labour markets: clustering of businesses in certain areas is because resources the firms need are located in that area- both human and natural, ex. Internal candidates are readily available and get up to speed faster and less uncertainty about how they will perform.
