Chapter 5.docx - Chapter 5: Recruiting Strategic Aspects of...

Chapter 5: Recruiting
Strategic Aspects of Recruiting
• Recruiting is about “casting your net” to identify a pool of talent that will help your organization to be successful
• The broad factors that can affect a firm’s recruiting strategy include a firm’s recruiting abilities
Internal Labour Market
Labour markets in which workers are hired into entry-level jobs and higher levels are filled from within.
Labour Markets
• Area from which applicants are to be recruited:
• Tight market: high employment, few available workers
• Loose market: low employment, many available workers
Global Market
Why recruit globally?
• To develop better products via a global workforce
• To attract the best talent wherever it may be
What are some of international recruiting issues?
• Local, national, and international laws
• Different labour costs
• Different preemployment and compensation practices
• Cultural differences
• Security
• Visas and work permits
Global Sourcing