BUSI 1250 Lecture Notes - Lecture 3: Nominal Group Technique, Markov Chain, Delphi Method

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Class #3: job analysis & design; and hr planning & recruitment. 1. internal present employees who can be transferred or promoted. 2. external people in the labour market, including those employed elsewhere and those unemployed. Quantitative approaches: trend analysis, ratio analysis, scatter plot analysis, regression analysis, computer-based simulations. Qualitative approaches: nominal group technique, delphi technique. Labour surplus approaches: hiring freeze, attrition, buyout and early retirement programs, job sharing [= less pay, work sharing [ei supplemented, reduced work week [= less pay, layoffs and terminations, leave of absence. Labour shortfall approaches: overtime, temporary employees and subcontracting, transfers, external hiring of permanent employees. The process of finding and attracting qualified job applicants: starts with vacant position, ends with resumes and applications. The recruitment process: identify job openings, determine specific job requirements [j. d. "s and specs, select methods of recruitment, generate pool of qualified recruits.

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