Commercial Applications
Discuss the merits of internal sources of recruitment.
Recruitment
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Answer
The merits of internal sources of recruitment are:
Employee Morale — Internal recruitment, like promotion of employees from within the organisation, helps to boost the motivation and morale of employees. When employees are assured of higher positions, their loyalty and commitment to the organisation increase.
Economical — Internal recruitment is economical. The cost incurred in advertising, engaging placement agencies, and screening external candidates is avoided. No outside references are required.
Familiarity — The employees are already aware of the policies, rules, and working conditions of the enterprise. They need not waste their time and energy in learning these basic aspects.
Experienced Staff — Employees who are transferred and promoted are already experienced. The organisation does not have to provide extensive training to them.
Easy Evaluation — The management can easily evaluate the performance of existing employees from their service records, making fair and informed decisions about promotions and transfers.
Upgrading — When an employee is promoted, several other persons below his rank are automatically upgraded. In this way, one vacancy filled from within results in upgrading of several employees and a chain of opportunities for growth.
Reduced Turnover and Absenteeism — Internal recruitment helps minimise labour turnover and absenteeism. People wait for promotion, and the workforce remains satisfied and committed to the organisation.
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Explain the following:
(a) Structured Interview
(b) Group Interview
(c) Stress Interview
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(a) What type of Bank account does Urban Company have? Why?
(b) Explain how, the professionals are recruited by Urban Company.
(c) Write about any three External sources of Recruitment.
(d) What services does the Urban Company offer?
A new company wants to train its employees on latest development in work method and procedures. Explain any two types of training suitable for existing employees.
CASE STUDY
Julian Richer (born 1959) is the Managing Director and founder of Richer Sounds, a hi-fi and home cinema retailer specialising in audio equipment such as LCD televisions, DVD players and amplifiers.
In 1978, aged just nineteen, Richer opened his first store in London Bridge. The company has 53 retail outlets throughout the UK. In 1994, his flagship store in London Bridge set a new Guinness World Record for the highest sales per square meter of any retail outlets in the world- a staggering £195426 (
Richer believes it is vital that his staff have fun and enjoy their work. He is renowned for empowering staff to make a difference to the company. Each week, he looks at employee suggestions and awards up to £20,000 (33,000) for an idea. Each month, the top three salespeople get to use his personal Bentley or Rolls-Royce for a weekend. He only promotes people internally. Richer argues that businesses with demotivated staff face lower productivity due to higher absenteeism, labour turnover, theft and customer complaints.
[Sources:
www.richersounds.co.uk,www.richerstudentszone.co.ukand The Richer Way, By Julian Richer]With reference to the above case study answer the following questions:
(i) Examine how motivation can lead to improved productivity of his Organisation.
(ii) With reference to features of Human Resource Management, explain:
(a) Staff function
(b) Pervasive function
(iii) What are the advantages of internal sources of recruitment?