CHAPTER 5: EXPANDING THE TALENT POOL - RECRUITMENT AND CAREERS Snell, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter Objectives The following objectives are addressed in this chapter: 5.1. Describe how a firm’s strategy affects its recruiting efforts, and the elements that are part of a strategic recruiting strategy. 5.2. Describe the methods firms use to recruit externally and internally. 5.3. List some of the ways firms can improve their recruiting and the metrics they use to do so. 5.4. Explain how career management programs integrate the needs of individual employees and their organizations. 5.5. Explain why recruitment and career development activities focused on diversity and inclusion are important to companies. Snell, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Discussion Activity 1 Textio is a Web- based product that checks job postings for bias. You paste in a post, and the software suggests how to rephrase it to attract a more diverse candidate pool. How has the use of the Internet and social networks affected how today’s companies brand and recruit? Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Business Strategies and Their Link to Strategic Recruiting • Recruiters always have to consider the firm’s strategy. Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.1: Elements of a Recruitment Strategy Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Activity Step 1: Conduct an online search and find at least three articles related to the importance of selecting an appropriate recruiting strategy. Step 2: Using these articles as reference, write a two-page report summarizing your findings with examples to substantiate it. Be sure to cite your sources. Step 3: Share your report with the rest of the class to initiate a class discussion Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. External and Internal Recruiting Methods • The two primary locations in which to find candidates are those external to the firm (external candidates) and those internal to the firm (internal candidates), each of which are recruited somewhat differently. Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.2: Sources of External Recruitment Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. External Recruiting Methods (slide 1 of 6) Advertisements Advertising can reach a large audience of possible applicants. Preparing recruiting advertisements not only is time consuming; it requires creativity in terms of developing their design and message content. Walk-Ins and Unsolicited Applications and Résumés It is often believed that individuals who contact employers on their own initiative will be better employees than those recruited through ads. The Internet Looking on the Internet is the most commonly used search tactic by jobseekers and recruiters to connect with one another. Both companies and applicants find the Internet cheaper, faster, and more effective. Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. External Recruiting Methods slide 2 of 6 Social Media Firms are utilizing social media websites (e.g., Facebook, LinkedIn) to recruit employees. Passive jobseekers – People who are not looking for jobs but could be persuaded to take new ones given the right opportunity Mobile Recruiting Mobile recruiting – The process of recruiting candidates via their mobile devices Job Fairs At a job fair companies and their recruiters set up booths, meet with prospective applicants, and exchange employment information. Virtual job fair – Job fairs conducted online Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. External Recruiting Methods (slide 3 of 6) Employee Referrals • Word-of-mouth recommendations are the way most job positions are filled. • Research findings: • Employee referrals are the best source of applicants. • Referred employees have higher retention rates than those who are not referred and are hired in less than half the time as other candidates. • Once hired, applicants referred by an employee tend to remain with the organization longer. • Negative factors: • Corporate “inbreeding” – Occurs when firms hire employees similar to those who provided the referrals and thereby discriminate against protected classes • Nepotism – A preference for hiring the relatives of current employees Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. External Recruiting Methods slide 4 of 6) ( Re-recruiting Re-recruiting – The process of keeping track of and maintaining relationships with former employees to see if they would be willing to return to the firm Executive Search Firms In contrast to public and private employment agencies, which help jobseekers find the right job, executive search firms (often called “headhunters”) help employers find the right person for a job. Educational Institutions High schools and community colleges Work-study programs Internships Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.3: Steps for Strengthening a Firm’s On-Campus Recruiting Relationships Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.4: Unpaid Internship Guidelines Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. External Recruiting Methods (slide 5 of 6) Professional Associations and Labor Unions • Placement centers are included at the national meetings of professional associations. • Labor unions are a principal source of applicants for blue-collar and some professional jobs. Public Employment Agencies • Each states maintains an employment agency that posts job openings online and matches unemployed qualified workers to jobs. Private Employment Agencies • Private employment agencies match people with full-time jobs for a fee Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. External Recruiting Methods (slide 6 of 6) • Staffing agencies (e.g., Adecco, Kelly Services) hire and place workers in temporary positions. • Independent contractors –self-employed workers who do project work on a contract basis for different organizations • Employee leasing –dismissing employees who are hired by a leasing company (to handle HR) and contracting with the company to lease back the employees Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Internal Recruiting Methods (slide 1 of 2) • • • • • Most companies fill job vacancies through promotions and transfers. Promoting employees rewards them for performance and encourages them. Morale improves and a culture of engagement is fostered. Research suggests that internal candidates outperform external candidates. When employees are passed over, they become disillusioned and looi elsewhere for jobs. • When experienced employees leave an organization, they take with them years of corporate knowhow that is hard to replace. Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.5: Warning Signs of a Weak Talent “Bench” Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Internal Recruiting Methods (slide 2 of 2) Internal Job Postings • Bulletin boards • Intranets Identifying Talent through Performance Appraisals • Nine-box grid – A diagram that includes appraisal and assessment data to see an employee’s performance. Skills Inventories and Replacement Charts • Skills inventories – Track an employee’s education, work experience, vocational interests, abilities and skills, compensation history, and job tenure • Replacement charts – Used for succession planning Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.6: An Example of a Nine-Box Grid Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Improving the Effectiveness of Recruiting A firm can improve its effectiveness in recruiting by doing the following: • • • • Recruiters need an accurate job analysis. Line managers and employees need to be involved in the process. A job-starting date for the organization and the new hire needs to be established. After hiring, the firm should conduct a “debrief” and try to improve the recruiting process. Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Using Realistic Job Previews • Realistic job preview (RJP) – Informing applicants about all aspects of the job, including its desirable and undesirable facets • Proponents of RJPs believe that applicants who are given them will remain on the job and be successful because they experience fewer unpleasant surprises. Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Surveys and Employee Profiles • Another way to improve a company’s recruiting is to survey managers, top performers, new hires, and candidates who turned down jobs. • Employee profiles – A profile of a worker developed by studying an organization’s top performers to recruit similar types of people Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Recruiting Metrics • Time-to-fill –the number of days from when a job opening is approved to the date a person accepts the job • Quality-of-fill –measures how well new hires have gotten “up to speed,” are performing, and their retention levels • Yield ratio – the percentage of applicants that make it to the next stage in the selection process • Acceptance rate – The percentage of applicants who accept a firm’s job • Applicant tracking system (ATS) –posts job openings, screens résumés and profiles, emails candidates for interviews, and tracks the time and costs for hiring people Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Time-to-Fill Calculations Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Career Management: Developing Talent Over Time • Proactive companies see career development and recruiting as strategic imperatives. • They study strategies in conjunction with organizational charts, job analysis, and external factors such as the labor market and the competition, and then recruit proactively • Managers play a key role in expanding talent pools Good managers “grow” talent by listening to employees’ aspirations, act as coaches, identify their strengths, and offer feedback. • Good managers ensure employee training, self-assessment tools, organizational information and career paths Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Steps in the Career Management Process Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. The Goal: Matching the Needs of the Organization to the Needs of Employees • A career development program should be viewed as a dynamic process that matches the needs of the organization with the needs of employees as those needs change. Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.9: Blending the Needs of Individual Employees with the Needs of Their Organizations Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Identifying Career Opportunities and Requirements (slide 1 of 2) • To identify career opportunities and requirements, managers have to continually analyze the: • Competencies required for jobs • Progression among related jobs • Supply of ready (and potential) talent available to fill those jobs Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Identifying Career Opportunities and Requirements (slide 2 of 2) Job progressions – The hierarchy of jobs, ranging from a starting job to jobs that require more knowledge and/or skill • Job progressions serve as a basis for developing career paths—the lines of advancement • Career advancement can move along via promotions, transfers, demotions, and exits. • Promotion – A change to a job at a higher level • Transfer –placement in another job for which the duties, responsibilities, status, and pay and benefits are equal to those of a previous job • Demotion – A downward transfer that moves an individual into a lower-level job Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Typical Line of Advancement in HR Management Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.11: Stages of Career Development Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Career Development Initiatives (slide 1 of 2) • Career Counseling • Involves talking to employees about job activities and performance, personal and career interests and goals, personal skills, and suitable career development objectives • Mentoring Programs • Mentors – Individuals who coach, advise, and encourage employees of a lesser rank • Reverse mentoring –younger employees mentor older employees and executives about social media, technology, and trends • Tuition Assistance Programs • Corporations often offer their employees tuition assistance to help them further their careers if they take courses related to the firms’ businesses Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Career Development Initiatives (slide 2 of 2) Career Plateau Initiatives • Career plateau – A situation in which for either organization or personal reasons the probability of moving up the career ladder is low • Three types of plateaus: 1. Structural plateau – Marks the end of promotions 2. Content plateau – Occurs when a person has learned a job too well and is bored with day-to-day activities 3. Life plateau – Is more profound and may feel like a midlife crisis Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Figure 5.12: Career Plateau Questions Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Developing a Diverse Talent Pool • Employers often develop formal EEO/affirmative action policies to recruit and promote members of protected classes so that their representation at all levels within the organization approximates their proportionate numbers in the labor market. • Women • Minorities • People who are disabled • Veterans • Older employees Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Summary • Now that this lesson has ended, you will have learned how to: 5.1. Describe how a firm’s strategy affects its recruiting efforts, and the elements that are part of a strategic recruiting strategy. 5.2. Describe the methods firms use to recruit externally and internally. 5.3. List some of the ways firms can improve their recruiting and the metrics they use to do so. 5.4. Explain how career management programs integrate the needs of individual employees and their organizations. 5.5. Explain why recruitment and career development activities focused on diversity and inclusion are important to companies. Snell/Morris, Managing Human Resources, 19th Edition. © 2023 Cengage. All Rights Reserved. Many not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.