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Labor supply
is the availability of workers who possess the required skills that an employer might need.
Labor demand
is the number of workers an organization needs.
Human resource planning
is the process an organization uses to ensure that it has the right amount and the right kinds of people to deliver a particular level of output or services in the future.
Failures in HR planning
can lead to labor shortages, layoffs, and significant financial costs.
There are two basic categories of forecasting techniques:
QUALITATIVE & QUANTITATIVE.
Quantitative techniques have two main limitations.
1. Most rely heavily on past data or previous relations between staffing levels and other variables.
2. Most of these techniques are quite old and do not translate well into smaller organizations.
Qualitative techniques
rely on expert judgments or subjective estimates of labor supply and demand.
RECRUITMENT
The process of generating a pool of qualified candidates for a particular job; the first step in the hiring process.
SELECTION
The process of making a “hire” or “no hire” decision regarding each applicant for a job is the second step in the hiring process.
SOCIALIZATION
The process of orienting new employees to the organization and the unit in which they will be working; the third step in the hiring process.
job changes over time
The characteristics of a person to perform a job are not always obvious because the
True
Some tests are better than others at predicting job performance and they can vary widely in cost
Performance
Ability x Motivation
Who Should Make the Decision?
Depending on the job it should be a combination of the HR department, the manager, and potentially the new hires subordinates.
Discrimination Laws
To lower the chances of lawsuits, firms should ensure that selection techniques are job-related. In other words, the best defense is evidence of the validity of the selection process
Affirmative Action
Federal Executive Order 11246 requires organizations that are government contractors or subcontractors to have affirmative action plans in place.
Negligent Hiring
refers to a situation in which an employer fails to use reasonable care in hiring an employee who then commits a crime while in his or her position in the organization.