Tuesday, May 14, 2019
(case 1) human resources management (Employee Recruitment and Essay
(case 1) human resources management (Employee Recruitment and Selection) - Essay ExampleThey company employees over 2 million associates. It is the largest employer in America.The selection suffice of the company is quite vast. It includes all aspects like the advertising, screening, selection movement which includes interviews, assessments, testing etc. The company uses all the proven methods like interviews, qualitative testing and assessment centers. This is slur the other steps like advertising and screening of applications, which form the basis to choose the candidates who would be a part of the selection process.The tot up of monies that go into the entire process of selection and recruitment of employees is very high, since the process includes a number of different steps to choose the right candidate and choose the ones who would be with child(p) at what they do. The cost that can be incurred for filling in an open position is as overmuch as $490,000. This however is th e total cost which includes from advertising, until the training of the selected candidates and the figures that are provided are estimates and not the actual be that are being incurred by the company (Bernthal, 2009). The table below provides a clear break up of all the costs. These form the direct costs of the selection process however there are a number of indirect costs that are also involved in the selection process of employees. These ordinarily include costs which the organization incurs due to less rigorous selection method. Also another giant indirect cost is the quality of the hires.The return on investment for the company can be calculated by Benefits Costs / Costs*100 (Bernthal, 2009). This will provide for a clear view on the amount of return that the company makes out of the investment made into selecting, recruiting, training and paying each employee. This however includes a lot of estimations, which cannot be made by all companies. Hence it is seen that companie s generally need to correctly and directly
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