Commercial Applications
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.
Related Questions
Explain the following:
(a) Structured Interview
(b) Group Interview
(c) Stress Interview
Urban Company is Asia's largest online home service platform. Launched in 2014, Urban Company today operates in India, Australia, Singapore, the UAE and the Kingdom of Saudi Arabia. The platform helps customers book reliable and high-quality services-beauty treatments, massages, haircut, home cleaning, handymen, appliance repair, painting, pest control and more-delivery by trained professionals conveniently at home. Urban Company's vision is to empower millions of professionals worldwide to deliver services at home like never experienced before. Urban Company provides a platform that allows skilled and experienced professionals to connect with users looking for specific services. All the professionals, though experienced and skilled, undergo intensive training modules before being allowed to list their services on the platform. Once on the platform, Urban Company's match-making algorithm identifies professionals who are closest to the users' requirements and available at the requested time and date. In reference to the above case, answer the following questions:
(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.