ADM 2337 Lecture 5: Chapter 5

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Employee profile: a profile of a (cid:449)orker de(cid:448)eloped (cid:271)(cid:455) stud(cid:455)i(cid:374)g a(cid:374) orga(cid:374)izatio(cid:374)"s top perfor(cid:373)ers to recruit similar types of people. Recruiting process outsourcing (rpo): the pra(cid:272)ti(cid:272)e of outsour(cid:272)i(cid:374)g a(cid:374) orga(cid:374)izatio(cid:374)"s re(cid:272)ruiti(cid:374)g fu(cid:374)(cid:272)tio(cid:374) to an outside firm. Internal labour market: labour market in which workers are hired into entry-level jobs and higher levels are filled from within. Global sourcing: the business practice of searching for and utilizing goods and services from around the world. Branding: a (cid:272)o(cid:373)pa(cid:374)(cid:455)"s efforts to help e(cid:454)isti(cid:374)g a(cid:374)d prospe(cid:272)ti(cid:448)e (cid:449)orkers u(cid:374)dersta(cid:374)d (cid:449)h(cid:455) it is a desira(cid:271)le place to work. Recruiting internally capitalizes on the investment the company put in to recruit and train employees and helps cut the cost of having to advertise and recruit a new employee. Skill inventories and replacement charts: a chart showing employees that can potentially fill a vacancy higher up on the corporate ladder.

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