Phases Of The Employment Cycle

Acquisition

predict the business needs and attract best employees

Job analysis

to identify and determine the detail of a particular job/position within the organisation

Job description

informs the employee or potential employee the parameters of the position

Internal recruitment

is when the business looks to fill the vacancy from within its existing workforce

Internal Recruitment Advantages

• Cheaper and quicker to recruit

• People already familiar with the business and how it operates

• Provides opportunities for promotion within in the business - can be motivating

• Business already knows the strengths and weaknesses of candidates

Internal Recruitment Disadvantages

• Limits the number of potential applicants

• No new ideas can be introduced from outside

• May cause resentment amongst candidates if not appointed

• Creates another vacancy which needs to be filled

External recruitment

is when the business looks to fill the vacancy from any suitable applicant outside the business

External recruitment Advantages

• Outside people bring in new ideas

• Larger pool of workers from which to find the best candidate

• People have a wider range of experience

External recruitment Disadvantages

• Longer process

• More expensive process due to advertising and interviews required

• Selection process may not be effective enough to reveal the best candidate

Headhunting

actively seeking possible employee rather than waiting for them to apply through normal means

Headhunting advantages

• Confidentiality - is restricted to a "need-to-know" basis, involving only the specific candidates approached.

• Targeted - you only approach those individuals that are useful as either ‘sources’ or ‘potential candidates’

• Cost effective - if managed internally no recruitment fee costs and no advertising costs

• Fast - you approach who you want to hire - they say yes and you hire (no wasted interviews)

Recruitment

is the process of finding potential candidates to apply for a job position

Selection

is the process of putting the right person on the right job.

Development

broader than training. The possible activities that an employee can undertake to learn more about their role and the business.

Training

the set of activities required to ensure that an employee has the required knowledge and skills to perform their job role.

induction

a structured process designed to introduce new employees to their role, team, and the organization's culture, policies, and safety procedures. e.g. show maps and location