StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

(case 1) human resources management (Employee Recruitment and Selection) - Essay Example

Cite this document
Summary
The major aim of the company has always been to be the leaders in the retailing sector. This public corporation was opened by Sam Walton, a business person in Arkansas. Walton opened the first Wal – Mart…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.2% of users find it useful
(case 1) human resources management (Employee Recruitment and Selection)
Read Text Preview

Extract of sample "(case 1) human resources management (Employee Recruitment and Selection)"

Download file to see previous pages

They company employees over 2 million associates. It is the largest employer in America. The selection process of the company is quite vast. It includes all aspects like the advertising, screening, selection process which includes interviews, assessments, testing etc. The company uses all the proven methods like interviews, qualitative testing and assessment centers. This is post the other steps like advertising and screening of applications, which form the basis to choose the candidates who would be a part of the selection process.

The amount of monies that go into the entire process of selection and recruitment of employees is very high, since the process includes a number of different steps to choose the right candidate and choose the ones who would be great at what they do. The cost that can be incurred for filling in an open position is as much as $490,000. This however is the total cost which includes from advertising, until the training of the selected candidates and the figures that are provided are estimates and not the actual costs that are being incurred by the company (Bernthal, 2009).

The table below provides a clear break up of all the costs. These form the direct costs of the selection process however there are a number of indirect costs that are also involved in the selection process of employees. These normally include costs which the organization incurs due to less rigorous selection method. Also another big indirect cost is the quality of the hires. The return on investment for the company can be calculated by [Benefits – Costs / Costs]*100 (Bernthal, 2009). This will provide for a clear view on the amount of return that the company makes out of the investment made into selecting, recruiting, training and paying each employee.

This however includes a lot of estimations, which cannot be made by all companies. Hence it is seen that companies generally need to correctly and promptly

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“(case 1) human resources management (Employee Recruitment and Essay”, n.d.)
(case 1) human resources management (Employee Recruitment and Essay. Retrieved from https://studentshare.org/miscellaneous/1553013-case-1-human-resources-management-employee-recruitment-and-selection
((case 1) Human Resources Management (Employee Recruitment and Essay)
(case 1) Human Resources Management (Employee Recruitment and Essay. https://studentshare.org/miscellaneous/1553013-case-1-human-resources-management-employee-recruitment-and-selection.
“(case 1) Human Resources Management (Employee Recruitment and Essay”, n.d. https://studentshare.org/miscellaneous/1553013-case-1-human-resources-management-employee-recruitment-and-selection.
  • Cited: 0 times

CHECK THESE SAMPLES OF (case 1) human resources management (Employee Recruitment and Selection)

Human Capital as the Source of Innovation in International Business Machines

With these factors in mind, IBM, the world's leading IT hardware, and services company has devised its own strategy for recruitment and selection.... IBM, however, follows a different system of recruitment and selection and is able to retain talent.... Recruiting and selection (R&S) have gradually become one of the most outsourced HR functions (Ordanini & Silvestri, 2008).... nbsp; Gordon (2002), states that organizations encounter difficulties in recruiting and retaining top talent because they have yet to deal with today's most critical human resources issues....
10 Pages (2500 words) Case Study

Human Resources Planning Recruitment and Deployment

The following case study "Human Resources Planning recruitment and Deployment" is focused on the Strategic Human Resource Management which refers to the process of implementing human resource strategies in relation to the business strategy to attain pre-determined goals.... The human resource manager should focus on the various HRM factors such as recruitment, selection, training, appraisal, and compensation among others.... hellip; This process involves strategic planning, and it is an integral part of human resource management....
11 Pages (2750 words) Case Study

Performance Assessment and Management in McDonalds

 This study addresses recognizes, integrates, and cites relevant theories, concepts, and ideas of performance assessment and management model used in McDonalds' with a brief overview of the human resource practices in employee selection and appraisal initiatives of McDonald's.... The paper will explore the established culture of employee selection and appraisal criteria that McDonald's applies in its human resource management.... The paper will, with this respect, offer an overview of McDonald's human resource practices in employee selection and appraisal initiatives and then further analyze the processes....
9 Pages (2250 words) Case Study

Human Resources Management Functions of Coca-Cola

hellip; recruitment and selection: It is a process of finding and selecting suitable candidates to fill in the job vacancies in an organization.... This case study "human resources management Functions of Coca-Cola" focuses on the human resource management principles and practices followed within the United Kingdom.... A company must have a well defined human resource policy towards recruitment and staffing in order to select the best candidate for the organization (R....
11 Pages (2750 words) Case Study

Recruitment & Selection Processes

recruitment and selection are much more than just choosing the best candidate.... Various recruitment and selection tools and techniques are used to find people with relevant qualifications who are willing to accept the job offers and give satisfactory service and performance in the long run.... This paper "Recruitment & selection Processes" discusses HR planning that identifies employment needs, job analysis determines the qualifications needs and recruiting provides a pool of applicants for selection....
12 Pages (3000 words) Case Study

Starbucks Approach to Human Resource Management

nbsp;… In general, starting with the first key element that is selection, the goal of recruitment and selection is to obtain the best workforce at a minimum cost.... 95) says that “there are three stages of recruitment and selection process: defining requirements- preparing job descriptions and specifications and deciding terms and conditions of employment, attracting candidates- reviewing and evaluating alternative sources of applicants inside and outside the company and advertising, selecting candidates....
8 Pages (2000 words) Case Study

Sheffield City Council: Standardization of Recruitment Processes

hellip; The author states that one of the most important functions of any HR Department is “recruitment and selection”.... The process of recruitment and selection varies from industry to industry and from organization to organization.... The reasons behind the surveys were to find out the intricacies of the recruitment and selection process used by various organizations and to find out what the applicants felt and experienced regarding the recruitment process....
12 Pages (3000 words) Case Study

Recruitment of Employees

hellip;  Apparently, I am part of the team responsible for recruitment and selection of these new bankers, hence in my case study, this process is going to be outlined in detail showing all the major steps which are pertinent to this whole exercise which we would undertake to recruit and select the members to the new posts of bankers.... The framework of the study would be primarily focused on academic research particularly on different processes involved in the recruitment and selection process of potential employees....
8 Pages (2000 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us