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Human resource planning
process to ensure that an organization has people available (employed) who have the right competencies, and that these people are being utilized in the right capacities in order for the company to achieved desired objectives
Trend analysis
Using past numerical data to look for patterns in order to predict future demand for employees
Management forecasts
asking managers for their predictions regarding the future demand for employees
Staffing table
graphs displaying the jobs in an organization and showing the number of people currently in these jobs. Anticipated demand for the number of people to fill each job may be shown as well
Markov analysis
Descriptions of how employees typically move into, within, and out of an organization
Skills inventory
Information about the education, experiences, skills, etc. of employees
Oversupply of labour
occurs when an organizations demand for employees is less than the number of employees currently employed
Shortage of labour
Occurs when an organizations demand for employees is greater than the number of employees
Recruitment
The process of locating people and encouraging them to apply for jobs
Employment branding
An organizations reputation as an employer
Labour market
Area from which applicants are recruited
Selection
The process of choosing from the pool of applicants and hiring individuals who are best able to fulfill the requirements of the job
Reliability
The degree to which selection procedures provide consistent outcomes over time
Validity
How well a selection procedure measures what it is intended to measure
Panel interview
An interview in which a board of interviewers question and observe a single candiate
Behavioural description interview (BDI) question
Question about what a person actually did in a given situation
Situational question
question in which an applicant is given a hypothetical incident and asked how they would respond to it
Aptitude tests
Measures of a person’s capacity to learn or acquire skills
Achievement tests
Measures of what a person knows or can do right now