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Planning for and Recruiting Human Resources
Chapter 5 Planning for and Recruiting Human Resources
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Human Resource Planning
MGMT Chapter 5
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Forecasting Demand for Labor
Trend analysis Using statistical models to predict labor demand for next year Leading indicators Objective measures that accurately predict future labor demand Subjective judgments MGMT Chapter 5
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Determining Labor Supply
MGMT Chapter 5
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Labor Supply Management Options
MGMT Chapter 5
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Managing a Surplus Downsizing Early retirement programs Pros and Cons
Planned elimination of large numbers of personnel Early retirement programs Programs that encourage older workers to leave voluntarily Pros and Cons MGMT Chapter 5
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Managing a Shortage Temporary and Contract Workers Outsourcing
Manufacturing or payroll Pros and cons MGMT Chapter 5
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Implementing & Evaluating the Plan
Who is responsible for the results? Was the organization successful in avoiding the labor shortages or surpluses? Which parts of the plan were successful or not? What was the impact of the plan on workforce utilization? MGMT Chapter 5
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Recruiting Identifying and attracting potential employees
Three areas of focus: Personnel policies Recruitment sources Characteristics of the recruiter MGMT Chapter 5
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Recruiting MGMT Chapter 5
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Personnel Policies Recruiting from within or outside the company
Pay strategies Employment at will vs. due-process policies Image Advertising MGMT Chapter 5
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Recruitment Sources MGMT Chapter 5
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Evaluating Recruiting Sources
MGMT Chapter 5
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Who is an Applicant? In March 2004, the EEOC re-defined the term “applicant” To be considered an applicant: The employer has acted to fill a particular position The individual has followed the employer’s standard application procedures The individual indicates an interest in the particular position MGMT Chapter 5
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