BUS 481 Chapter Notes - Chapter 7: Shift Work, Performance Appraisal, Data Mining

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 481
• Professor: Peter Charlton

Document Summary

Negative: slowdowns/contractions in job growth yielf dwindling job opportunities. Objective of external recruitment: identify & attract job applicants from outside org. Begins w/ planning phase where external influences, org issues, admin issues addressed. Next, recruitment strategy formed to know where/how to look for qualified applicants. Then est message to be communicated to job applicants. Product/labour market competition, inflation, interest rates, currency exchange rates, gov fiscal & monetary policy. Economic conditions based on amount of job creation/growth. Person/job match occur from interaction of demand & supply of labour market. When labour demand > labour supply, there is labour shortage (tight market) Become more diverse over time, will continue to do so. Increase in # of hours ppl work. Into org (new hire), w/in org (internal labour market), out of org (turnover) Result of consumer de(cid:373)a(cid:374)ds for org"s produ(cid:272)ts & ser(cid:448)i(cid:272)es. Can cause many responses (i. e. increased pay/benefits, use non-traditional labour/temp employees, lower hiring standards, etc)