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Unit Demand
Unit managers report on both volume of business activity as well as how many people are needed to carry out that activity.
Trend Projections
Predict future employment needs based on expectations of how particular employment-related factors may change over time.
Probalistic Models
Models that predict future conditions using computer simulations.
Workload Analysis
Determines the output or productivity the organization expects to achieve in the immediate future. Then, employment needs are calculated in reverse.
What are the Workload Analysis functions?
Determine the kind of work needs to meet the productivity goals
Translate the work into person-hours
The workload expectations can be translated into employment needs
Ratio Analysis
Examines historical information about the workforce pertaining to a particular facet of the organization
Delphi Technique
Forecasts future job needs by combining the input and expertise of many professionals who never meet, but who come to a consensus over time
Nominal Group Technique
Uses panel of experts in a structure meeting to find a solution to a problem
Job Bidding
Expressing interest in a position in an organization before the position is available to be filled.
Succession Planning
Identifying promising employees who have the potential to occupy managerial or executive roles in an organization
Career Pathing
Helping employees map out their long-term professional lives by identifying the career steps they need to take to achieve their career goals.
Dual Career Ladder
Identifying a career path that is rich in expertise and cross-training. Employees master two traditionally disparate roles, and then move on to the phase
What is replacement charting for?
Employees who are: Ready for promotion, ready to be developed for future promotion, and/or has shown satisfactory performance in current position
How do you forecast turnover?
Exit interviews, post-exit surveys, focus groups, predictive surveys
Outsourcing
A common practice that relies on paying a third-party business to perform a specific function that does not align with the main company’s ideals. This is used to take advantage of lower labor rates overseas, allowing companies to save money on labor-intensive work like customer service, technical support, and computer programming.
Offshoring
Where a company established a foreign subsidiary and transitions from higher paid American employees to lower-paid foreign employees. This practice is hotly debated among policymakers, economists, businesspeople, and the public.
Independent Contractors
Individuals who contract to do specific work for other people or organizations and are not considered employees
What are the 4 factors of Gig Work?
Level of employer control
Worker’s investment
Temporary or permanent relationship
Integration of employees’ services
Temporary Employees
Short-term employees typically hired from a staffing agency
What are the reasons to hire a temp worker?
Avoids a long hiring process
Provides flexible employment options
Tests out possible permanent hires
Non-exempt employees
Employees that are not exempt from certain provisions of the FLSA, most notably its requirements involving the minimum wage and overtime pay
Exempt Employees
Employees exempt from those minimum wage and overtime provisions in the FLSA
What makes an employee exempt?
Earns more than $1128 per week
Salaried
Perform certain exempt duties as part of his or her job
What are some tools for job design or redesign?
Job simplification/specialization
Job enlargement
Job enrichment
What are the 5 dimensions of worker motivation?
Skill variety
Task identity
Task significance
Autonomy
Feedback
What are the steps in the candidate selection process?
Job Analysis
Sourcing
Recruitment
Screening
Selection
Job Analysis
A study of the major tasks and responsibilities of jobs to determine their importance and relation to other jobs in the company
Job Description
A written document describing an employee’s work activities
What goes into a job description?
Job title
Department
Reporting Relationship
Key areas of responsibility
Essential vs Nonessential job functions
Terms of employment
Job specification
A description of employee qualification required to perform a specific job
What are the two interview styles?
Structured and Unstructured
What topics are talked about in structured interview?
Background, interest in job, personal strengths, hypothetical scenarios
What topics are talked about in an unstructured interview?
Questions/Open-ended conversation about personal characteristics and actions. “How do you prioritize?”, “Talk about when you overcame challenges in your past”
Employee Requisition
A procedure used when a company wants to hire a new employee to fill a position
What are some inclusive recruitment strategies?
Pre-employment assessments
Blind resumes
Employee resource groups aka Affinity Groups
Employer Branding
The process of managing and influencing an organization’s reputation among employees, job seekers, and key stakeholders.
Resume Mining
The sorting through large amount of human-capital data and extracting relevant information to fill job openings
What are the advantages of resume mining?
Better control of search results and identifies candidates in less time
What are the benefits of job fairs?
Provides opportunity for sourcing teams and candidates to meet
Allows recruiters and candidates to get to know each other quickly, in any environment
Conduct informal interviews
Screening
The process of identifying candidates by comparing candidate backgrounds with job competencies
In-Basket Exercise
A test that measures the candidate’s ability to prioritize and respond to daily tasks. Often used to hire or promote employees o management positions
Psychometric Test
An evaluation tool to discover if a candidate will be able to handle the emotional or behavioral stresses inherent in a position
Halo Effect
Interviewer harps on one good trait and makes decisions based on that one trait
Affinity
Tendency to communicate and rank highly of people who have similar traits as the interviewer.
Stereotyping
Judge applicant based on role in a particular group
Confirmation
Preconceived notion of a result and looks for evidence to back up notion
Contrast Effect
Applicants getting compared to one candidate
Nonverbal
When interviewer is influenced by body language, appearance, or eye contact
Cultural noise
When a candidate attempts to answer questions based on what the interviewer wants to hear
Central tendency
Interviewer rates all candidates the same
What are some methods to minimize bias in interviews?
Diversify every panel
Keep laws and regulations in mind
Standardize the process
Educate and train members of the team
What are some common background or record checks?
Credit
Criminal background
Motor vehicle record check
What is the purpose of employee orientation?
To provide recently hired or promoted employees with information that helps them become effective members of the organization
Cost per hire
The amount of money it will cost to hire and train a new employee