Understand the strategic aspect of recruitment and its link with external labor market conditions

Learning Outcomes

  • Labour Market Context
    – Understand the strategic aspect of recruitment and its link with external labor market conditions
  • Recruitment
     Distinguish between terms used in recruitment such as job analysis, person specification and competency frameworks
     Explain the advantages and disadvantages of different recruitment methods
  • Selection
     Understand the screening/shortlisting process
     Understand the advantages and limitations of various selection methods
  • Awareness of how employment legislation affects recruitment and
    selection

Introduction

  • Employee resourcing is a fundamental component of effective HR practice and refers to the process of finding the ‘right’ person for a particular role, in a specific organization.
  • One of the most important issues for any employer, regardless of organization size.
  • Selecting the ‘right’ employee during the employee resourcing process is critical, as not doing so can be costly for employers.

Labour Market Context

Tight’ labor market

  • A seller’s or employee’s market
  • Low unemployment rates
  • More difficult for employers to attract and retain employees
  • Jobseekers have lots of choice, jobs are plentiful

‘Loose’ labor market

  • A buyer’s or employers market
  • High unemployment rates
  • Easier for employers to attract and retain employees
  • Jobseekers face lots of competition, jobs are scarce

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