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SHRM-CP > Talent Acquisition > Flashcards

Talent Acquisition Flashcards

1
Q

Staffing

A

Attempts to provide an adequate supply of qualified individuals to complete the body of work necessary for the organizations financial success.

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2
Q

Merger/Acquisition

A

New resources for talent / Retention of Talent

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3
Q

Joint Venture

A

Contributions of how much and what type of talent from each partner

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4
Q

Greenfield Operation

A

All new staff.

Effects of local laws and labor markets

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5
Q

Strategic Alliance

A

Staffing requirements if new venture is formed.

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6
Q

Ethnocentric

A

Home-country staffing policies are replicated in host countries

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7
Q

Polycentric

A

Policies are unique to each country

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8
Q

Geocentric

A

Global policies are developed based on organizational impact and needs

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9
Q

Regiocentric

A

Policies are developed an coordinated within regions

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10
Q

Employment Branding

A

Positions the organization as an employer of choice in the labor market

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11
Q

Employee Value Proposition

A

The foundation of employment branding. A magnet to the organization’s employment brand. Must accurately reflect the work environment and be congruent with the external brand.

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12
Q

Best Practices for Employment Branding

A
  • Brand Pillar Identification
  • Achievement of work environment awards
  • Benchmarking
  • Touchpoint mapping
  • Online job and career portrayals
  • Personalized channels for external audiences
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13
Q

Job Analysis

A

Determines activities and responsibilities, personal qualifications necessary and work conditions. Results in written documentation

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14
Q

Job Documentation

A

Involves the creation of job descriptions, specifications, and competencies

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15
Q

Job Specifications

A

Describe the minimum qualifications necessary to perform a job. Include experience, education, training, licenses and certification (if required), mental abilities and physical skills.

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16
Q

Competency

A

A cluster of highly interrelated attributes, including knowledge, skills and abilities that give rise to the behaviors needed to perform a given job.

17
Q

Competency Model

A

A set of competencies defining the requirements for effective performance in a specific job, profession, or organization.

18
Q

Sourcing

A

generates a pool of qualified candidates

19
Q

Recruitment

A

Encourages candidates to apply

20
Q

Internal Recruiting Methods

A
  • Succession Planning
  • Employee Referrals
  • Inside Moonlighting
  • Job bidding
  • nominations
  • job posting
21
Q

HR Metric: Cost per Hire

A

= (External Cost) + (Internal Costs) / Total number of hires in a time period

22
Q

Recruitment Cost Ratio

A

External Costs + Internal Costs / Total first-year compensation of hires in a time period

23
Q

Days to fill

A

Number of days from opening of job requisition to acceptance of offer.

24
Q

Attrition

A

Loss of employees for reasons other than firing and other employer-initiated events.

25
Q

Workforce Analytics

A

Mitigates collecting volumes of data or analysis paralysis and improves vital decisions about talent and helps address workforce challenges.

26
Q

Selection Process

A

Screen–> Interview–> Assess and Evaluate–> Select and Offer

27
Q

ATS

A

provides an automated way for organizations to manage the entire recruiting process, from receiving applications to hiring employees

28
Q

Interview

A

designed to probe areas of interest to the interviewer in order to determine how well the candidate meets the needs of the organization

29
Q

Assessment Methods

A

Aptitude tests, drug tests, medical exams

30
Q

Contingent Job Offer

A

A job offer that is contingent on a candidate passing certain tests or meeting certain requirements

31
Q

Employment Offer

A

An oral/written communication that formally offers the applicant the job/ not legally binding

32
Q

Employment Contract

A

Written agreement between the organization and an employee that explains the employment relationship

33
Q

Orientation

A

Helps employees become familiar with organization, department, coworkers and the job. Generally lasts one to two days

34
Q

Onboarding

A

Encompasses orientation and the first months of employees tenure. Informal or formal

SHRM-CP (6 decks)

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