ACCT 210 Lecture Notes - Lecture 20: Human Resource Management, Job Analysis, Regional Policy Of The European Union
Document Summary
Learning objectives: discuss the need for forecasting human resource needs and techniques for forecasting, be able to explain the steps to an effective recruitment strategy, be able to develop a job analysis and job description. The recruitment process is an important part of human resource management (hrm). Recruitment is defined as a process that provides the organization with a pool of qualified job candidates from which to choose. Before companies recruit, they must implement proper staffing plans and forecasting to determine how many people they will need. Forecasting is based on both internal and external factors. Internal factors include the following: budget constraints, expected or trend of employee separations, production levels, sales increases or decreases, global expansion plans. External factors might include the following: changes in technology, changes in laws, unemployment rates, shifts in population, shifts in urban, suburban, and rural areas, competition.