Professional Documents
Culture Documents
Economics Module
Economics Module
After human resource planning which is discussed in the previews chapter, now the next topic
to be discuss is all about recruitment. This module involves the process of recruitment, sources
of applicants, factors affecting recruitment and other process of recruitment.
Objectives:
Key terms:
What is recruitment?
Recruitment refers to the overall process of attracting, selecting and appointing suitable
candidates for jobs.
Process of recruitment
1. Formulating a recruiting strategy
The first step in the recruitment process is to have a recruiting strategy. It is either
internal or external recruitment.
a. Internal recruitment is when the business looks to fill the vacancy from within
existing work force.
b. External recruitment is when the business looks to fill the vacancy from any
suitable applicant outside the business.
2. Searching for job applicants
The applicant search may involve traditional recruiting methods such as
newspaper advertisements, help-wanted posters, campus recruiting, public and
private employment agencies and professional associations.
3. Screening applicants
Applicants should be screened to eliminate individuals who are obviously
unqualified.
4. Maintaining an Applicant Pool
Maintaining who has an interest in suitable job.
Sources of Applicants
A. Internal Sources
Promotion of existing workforce.
Referrals. An internal source wherein employees are asked to encourage friends or
relatives to apply.
B. External Sources
Job Advertisement are placement of help-wanted advertisement in newspapers, in
magazines, pamphlets, radio or television.
Employment Agencies are agencies that charge a fee for each applicant they place.
Companies usually hope in such agencies if they do not have their own HR
department.
Walk-ins are those who walks in without any appointment to a certain company. It
happens because of companies’ good reputation and applicants are attracted to be a
part of their organization.
Module 4: All about Recruitment