Recruitment and Selection Process (HSC SSCE Business Studies): Flashcards

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Recruitment and Selection Process
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Recruitment

Process to find, attract & secure suitable candidates for roles

Cost of poor recruitment

22-3 times the position's annual salary

Employer brand

Positive reputation as attractive workplace

Internal recruitment

Filling vacancies using current employees

External recruitment

Seeking candidates from outside the organisation

General skills

Transferable abilities & behaviours across various roles

Specific skills

Highly specialised technical abilities for particular roles

Employee poaching

Enticing skilled staff to leave their current employer

Balanced recruitment approach

Consider internal candidates first, then move to external

Fourth industrial revolution

Fusion of technologies into cyber-physical systems

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