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Recruiting and Labor Markets
Transcript of Recruiting and Labor Markets
Know the industry and where to Recruit Qualified Applicants
Identify keys to success in Labor Market (What is your Competitor Doing?)
Build relationships with prospective sources
Promote the company brand (Is the company a good place to work?)
Use Recruiting Metrics to Assess Effectiveness
Effective Recruiting REQUIRES
the process of generating a pool of qualified applicants for available jobs.
What is Recruiting?
Communicate Clearly Job Requirements
Comply with EEO Regulations
Be Sensitive to Diversity Issues
Utilize Appropriate Language
Do NOT hurt the Image of the Employer
Do NOT do something that will get the company sued
Recruiters Need to Know What they are Doing
Industry and Occupational
Educational and Technical
Different Types of Labor Markets
Inside Organization or Outsourcing
New Hires or Temporary Employees
Internal or External
Options for Recruiting
Competitive Recruiting Sources
Job Fairs & Creative Recruiting
Career Expo (Today and Tomorrow)
Educational Institutions & Recruiting
Current Employee Referrals
Re-Recruiting Former Employees or Applicants
Recruiting Quantity & Quality
Time Required to Fill Openings
Cost of Recruiting
Success Base Rate
Measuring Recruiting Effectiveness
Employer Career Website
Realistic Job Previews
Increasing Recruiting Effectiveness
Is Recruiting ALWAYS necessary?
No. If the # Number of available candidates equals the number of people to be hired.
If position can be left open, more recruiting can ALWAYS be done if the RIGHT person is not available.
Labor Force Population
All individuals who are available for selection if ALL possible recruitment strategies are used.
Subset of Applicants who are ACTUALLY Recruited.
People who Actually Apply for the job.
People you Hired.
All Case Studies and Group Projects will be graded by Sunday at Midnight.
March 4 - Four Recruitment and Retention Case Scenarios
March 6 - 2nd Submission of Employee Handbook: Compensation & Employment Sections
March 9 - Test 2
March 11 - NO CLASS