C2 RECRUITMENT AND SELECTION Flashcards
(86 cards)
What are the three segments of the Hiring Process?
Planning
Recruitment
Selection
A segment of hiring process that involves establishing the foundation for the hiring process by defining the job role, responsibilities, and required qualifications.
Planning
A segment of hiring process which is about attracting potential applicants to a vacant position
Recruitment
A segment of hiring process which is about selecting the most qualified candidates
among the applicants.
Selection
What are the 4Bs of Talent Acquisition?
Buy
Build
Borrow
Bind
This type of talent acquisition is best for quick fulfillment. This refers to recruiting and hiring external talent who already possess the required skills and experience. This is used when there is slow internal supply or when there is a need for organization transformation.
Buy
What are the pros of using Buy as a talent acquisition?
- Speed
- Focus
- No “domino effect”
What are the cons of using Buy as a talent acquisition?
- Expense
- Resource intensity
- Sustainability
This type of talent acquisition is best when there is a dynamic market with changing conditions and competitions. This strategy involves developing talent from within the organization through training, mentorship, and on-the-job experience. It’s about cultivating skills and capabilities within the existing workforce.
Build
What are the pros of using Build as the Talent Acquisition?
- Cost control
- Rapid Response
- Workforce Flexibility
What are the cons of using Build as a Talent Acquistion strategy?
- Competitive markets
- Impact on Organization Culture
- Expense of expatriate programs
This type of talent acquisition is best when there is a need to bring in external talent on a temporary basis to address specific skill gaps, project needs, or short-term increases in workload
Borrow
What are the pros of using Borrow as a Talent Acquisition strategy?
- Fast skill infusion
- Reduced long-term commitment
- Varied expertise
What are the cons of using Borrow as a Talent Acquisition strategy?
- Limited integration
- Potential knowledge outflow
- Dependency on external talent
This type of talent acquisition is best when there are merges, acquisitions, and divestitures. It is also used in a highly competitive market with scarce talent and when there is a large number of retirees. This focuses on retaining high-performing employees within the organization.
Bind
What are the pros of using Bind as a Talent Acquisition strategy?
- Competency protection
- Knowledge management
What are the cons of using Bind as a Talent Acquisition strategy?
- Expense
- Requires a clean plan
- Negative impact to overall morale
What should be included in a recruitment advertisment?
- Company Emblem
- Realistic Job Information
- Detailed Job Information
- Possible Selection Process
Prominent display of the company’s logo or emblem, reflecting its brand identity and values in the recruitment advertisement.
Company Emblem
This type of Internal Recruiting Strategy involves advertising the vacant position on various platforms, such as company websites, job boards, and social media
Job Posting
This is the type of Internal Recruiting Strategy wherein current employees recommending someone they know for an open position within the same organization. This process leverages the existing workforce to fill vacancies and does not require reaching out to candidates through external channels.
Nomination or Referrals
This is the type of Internal Recruiting Strategy wherein they utilize existing internal databases of employees who have expressed interest in transferring or advancing within the organization. This method can expedite the recruitment process by considering individuals who are already familiar with the company culture.
Employee Databases
This is the type of Internal Recruiting Strategy wherein they identify potential candidates for
a vacant position from within the organization’s existing talent pool. Succession planning involves grooming and developing employees for key roles (mainly executive positions) to ensure a smooth transition when vacancies arise.
Succession Plans
This type of External Recruiting Strategy involves posting job openings on various platforms, such as newspapers, job boards, and social media, to reach a wide audience of potential candidates.
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