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CHAP 4: HUMAN RESOURCE PLANNING & RECRUITMENT, image, image - Coggle…
CHAP 4: HUMAN RESOURCE PLANNING & RECRUITMENT
DEFINITION HRP
a process of forecasting & preparing for human movement into, within and out of an organization
AIM
to utilize human resource effectively so that the organization goals can be achieved
ensure the organization has the correct number & types of employees
IMPORTANCE
recruitment
career planning &development
reducing non visible costs
effectiveness of HRM programmes
HRP PROCESS
environmental scanning
internal forces
external forces
predicting employees needs
predicting employee supply
quantitative approach
trend analysis
ratio analysis
balancing Human Resource supply & requirement
DEFINITION RECRUITMENT
is the process of attracting suitable people to apply for job vacancies
sources
internal recruitment
promotion from within and transfer of existing staff
external recruitment
employee referrals
unsolicited applicants
campus recruitment
advertising in the mass media
employment agencies & consultants
the internet
INTERNAL RECRUITMENT
ADVANTAGES
no induction needed
little or no cost involved
employees moral and motivation increased
DISADVANTAGES
no suitable candidates may be available
supersivors may be reluctant to release key employees
filling a vacancy in one department may lead to a more serious gap in another
EXTERNAL RECRUITMENT
ADVANTAGES
avoids inbreeding
possible to widen choice of applicants by having a pool of candidates
DISADVANTAGES
high cost of recruitment process
frustation among existing employees