HRM 2600 Lecture Notes - Job Sharing, Fasttrack, Career Development
18 Oct 2012
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5 expanding the talent pool: recruitment and careers. Recruiting concept not hired yet, just trying to fit people who may be qualified for the job. Area from which applicants are to be recruited: tight market: high employment, few available workers (currently in, loose market: low employment, many available workers. Advertisement; unsolicited applications; internet recruiting; employee referrals; executive search firms; educational institutions; professional associations; labour unions; public employment agencies; private employment agencies; temporary help agencies; social media (developing own websites to network) Recruiting people they know to work in the organization. External recruitment: calculate yield ratios, training recruiters, realistic job previews. Yield ratio: percentage of applicants from a recruitment source that make it to the next stage of the selection process 100 resumes received, 50 found acceptable = 50% yield. Professional hr recruiters (usually graduated students less costly) Knowledge of the recruited job"s requirements and of the organization.
