RECRUITMENT RECRUITMENT 1 Chapter Objectives

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					RECRUITMENT




              1
          Chapter Objectives

   Explain the external and internal environment
    of recruitment
   Discuss the internal and external recruitment
    factors
   Describe the recruitment process
   Describe internal recruitment methods
   Explain external sources of recruitment
   Identify external recruitment methods
   Explain the relevance of a recruitment
    strategy
   Describe an applicant tracking system
   Discuss of Internet recruiting
                                                    2
      Recruitment
The process of attracting
individuals on a timely
basis, in sufficient numbers,
and with appropriate
qualifications, and
encouraging them to apply
for jobs with an
organization
                                3
     Recruitment
       My Definition
Identifying, sourcing and
 recruiting people for an
       opportunity.




                            4
               Recruitment
   What is the role of a recruiter?

   Why is it important to have a
    recruiter?

   What is the future of recruiting?


                                        5
      Recruitment Sources and
              Methods

   Recruitment sources: Place
    where qualified individuals are
    found
   Recruitment methods: Means
    by which potential employees
    can be attracted to the firm
                                      6
      Recruitment Strategy

Defined direction used to identify
source and attract a candidate
pool.



                                     7
            Recruitment Strategy
                                           Target
                                         Companies


                       Diversity                         Online
                       Sources                         Communities




                                         Recruitment
                                          Strategy
                  Professional                                 Colleges
                  Associations                                  Alumni




                                   Event        Outplacement
                                 Recruiting         Firms

    Execute
strategy before
  outsourcing                                                             8
    External Environment of
          Recruitment
   Labor Market Conditions
   Legal Considerations
   Corporate Image


                              9
      Internal Environment of
            Recruitment
   Human Resource Planning
   Promotion Policies
   Firm’s Knowledge of Employees
   Nepotism


                                    10
Recruiting process overview
                      Candidates




                  Need definition


                Candidate generation


               Response management
     Clients                           Vendors


                  Screen & select


                         Hire




                    Recruiter (Team)             11
 Generator Group
Recruitment Process




                      12
Methods Used in Internal
      Recruiting
       Job Posting
   Employee Referrals

    Internal Job Fairs



                           13
 External Recruitment Sources
Why external recruitment?
 Acquire skills not possessed by
  current employees
 Obtain employees with different

  backgrounds to provide a diversity of
  ideas



                                      14
External Recruitment Sources
   Internet
   Community Colleges
   Colleges and Universities
   Competitors and Other Firms
   Outplacement Firms
   Military Personnel
   Consultants or Researcher
   Professional Associations
                                  15
     External Recruitment Methods
   Advertising            Internships
   Employment             Professional
    Agencies                Associations
   Job Fairs/Virtual      Open Houses
    Job Fairs              Event Recruiting
   Executive Search       Sign-on Bonuses
    Firms                  Company Database
   Target Research        Target Internet
                            sites
                                           16
      Executive Search Firms
   Dedicated resource to locate
    experienced professionals and
    executives
   Have established network of
    professionals
   Contingency search firms – receive
    fees only upon successful placement
   Retained search firms – receives
    payment up front, during the project
    and after successful placement
                                           21
Professional Organizations
           Specialized
            organizations for certain
            professions
           Serves as a educational
            resource for that
            profession
           Example: SHRM


                                   22
Sign-on Bonuses
      3 out of 5 companies
       use signing bonus as
       recruitment tool
      Often used when
       applicant maybe leaving
       $ on the table
      Amounts vary
       depending on the level
       of position
                            25
Key metrics to monitor and track
       [Time-to-hire]
        [The total time required for hiring.]

       [Quality-of-hire]
        [How satisfied an organization is with a hire.]
       [Number of vacancies
        outstanding]
        [The total number of job vacancies
        the company has.]
       [Cost-per-hire]
        [The total cost associated with a given
        position and hire.]
       [Recruit source effectiveness]
        [The effectiveness of each source the
        company uses to generate candidates.]
                                                          26
Exercise

   Read recruiting dilemma
    on page 131
   Break into groups of
    three for 10min
   Develop two - three
    solution
   Report back

                         27
     Applicant Tracking System

   Automates
    online
    recruiting
   Allows
    companies to
    track recruiting
    results
                                 28

				
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