1a acquisition

What is the process of acquisition?

Identifying staffing needs, attracting and selecting the right employee at the right time.

Why is acquisition important?

Ensures the right people are employed at the right time to meet productivity needs.

Define staffing needs.

The process of analysing and identifying skills/knowledge gaps and surpluses to predict short- and long-term labour requirements.

What are features of staffing needs?

Data collection and analysis, job analysis (tasks/skills needed), and job descriptions (outlining positions).

How can staffing needs be determined?

Using historical data, organisational structure, job analysis, and job description.

Define recruitment.

The process of actively seeking and attracting potential job candidates.

What are features of recruitment?

Positive proactive process, self-promotion of business, advertising job vacancies, obtaining a pool of candidates, internal vs external.

Explain internal vs external recruitment.

Internal is filling positions with existing staff; External is hiring from outside the organisation.

Why is recruitment important?

To ensure a suitable pool of candidates is available, and legal requirements are met.

What are advantages of internal recruitment?

Increases morale, motivates employees, less induction needed.

What are advantages of external recruitment?

New skills, competitor insights, new ideas and innovation.

Define selection.

The process of evaluating and choosing the most suitable candidate for a position.

What are features of selection?

Review applications, interviews, testing, reference checks; reject unsuitable candidates.

How does selection occur?

By screening applications, shortlisting candidates, conducting interviews, employing tests, and reference checks.

Why is selection important?

To ensure productivity, reduce turnover/absenteeism, save time/money, and comply with Equal Employment Opportunity laws.