HRMT 70006 Chapter Notes - Chapter 5: Nace International, Job Analysis, Hiring Hall
13 Nov 2020
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Recruitment = process of finding and attracting capable individuals to apply for employment and to accept a job offer if or when one is made to them. Includes all activities by an organization that affect applicant"s decision to apply and accept a position. Selection = involves identifying candidates from the pool of applicants who best meet job requirements, using tools such as applications, tests, interviews. Recruiting is a 2-way street : matching process between firms with jobs and individuals seeking jobs, segues into a newcomer socialization. Positions freed due to replacement demand will generate an even higher share of total job openings. Competitive advantage = advantage that exists when the firm is able to deliver the same value and benefits as competitors but at lower cost: e. g. highly skilled and motivated workers can be competitive advantage. Progressive employers monitor their environments continuously and adjust their recruitment strategies to deal with emerging trends.
