University:
Columbia University
Course:
UN 1105 | Principles of Economics
Academic year:

2023
Views:

203

Pages:

2
Author:

Adam B.

recruiting: external recruiting involves attracting job applicants from outside an organization -external recruiting may include: •activities on college campuses open houses. •Soliciting recommendations from current employees. •posting in newspaper •employment agencies. •online advantages: brings people into a firm who have hew perspectives + varied buisness backround disadvantages: - is often expensive mau provoke re sentiment among present employees internal recruiting a way to consider present employees as applicants for available positions within the organ ization advantages provides strong motivation for current employees •helps the firm to retain quality personnel disadvantages -leaves another position open Selection: •the process of gathering information about applicants, then using that information to choose the most appropriate person employment applications •provides useful factual information about the applicant 2) employment tests •focus on aptitude, Skills, abilities Knowledge relevant to the J0b 3) interviews: Opportunity for applicants the firm to learn more about eachother 4) references: •used to verify information furnished by the applicant about previous job responsibilites. The reason for leaving their previous job Orientation • the process of acquainting new employees with an organization may be brief informal or long formal TOPICS •rang from location of company cafeteria to career paths within the firm -compensation i8. • the payment employees recieve in return for their labor -compensation system • the policies Strategies that determine employee compensation -wage level/structure management must figure out the general pay level relative to pay levels of comparative firms. •many firms use a wage survey which is a collection of data on prevaling wage rates within a similar industry or geographic area.