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This set of flashcards covers key topics from the Human Resource Management lecture on recruiting high-quality talent, including definitions, concepts, and strategic aspects of the recruiting process.
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What is talent acquisition?
Finding and hiring the high-quality talent needed to meet the organization’s workforce needs.
What is recruiting?
The process of generating a pool of qualified applicants for organizational jobs.
What strategic factors affect recruiting?
Business strategies, competitors’ recruiting efforts, applicants’ wants and needs, resource limits of time and money, and effectiveness of recruiting efforts.
What major shifts in worker demands occurred during and after the pandemic?
The Great Resignation and Quiet Quitting.
What is the difference between core workers and flexible workers?
Core workers are foundational employees who work year-round, while flexible workers are hired on an 'as-needed' basis.
What are independent contractors?
Workers who perform specific services on a contract basis, usually without benefits.
What is an employment brand?
A distinct image of the organization that engages employees and outsiders, representing the company's commitment to individual excellence.
What are two types of recruitment sources?
Internal recruitment (promoting from within) and external recruitment (hiring from outside).
What does EEO stand for in recruiting?
Equal Employment Opportunity.
What role does technology play in recruiting?
It aids in reaching passive job candidates, streamlining processes, and allowing broader exposure to applicants.
What is a labor market?
The supply pool from which employers attract employees.
What is 'Recruitment Process Outsourcing' (RPO)?
A solution that streamlines hiring and reduces costs by outsourcing the recruitment function.
List three internal recruiting sources.
Job postings, organizational databases, and employee referrals.
What are two legal issues in internet recruiting?
Ethical implications of screening software and maintaining applicant confidentiality.
What is meant by 'yield ratio' in recruiting metrics?
The comparison of the number of applicants at one stage of recruiting to the number at the next stage.
How can organizations improve recruiting effectiveness?
By targeting different applicant pools, changing recruiting methods, training recruiters, and enhancing the job's positive aspects.
Who are considered passive job candidates?
Qualified individuals who aren’t actively looking for work but might be interested if the right job comes along.