paraphrase (2).docx - 3 RTO-RESOURCING TALENT By Name Course Lecturer Date ACTIVITY 1 AC1.2 The main factors which affect an organisation\u2019s approach

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3 RTO-RESOURCING TALENTByName:CourseLecturerDate:
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ACTIVITY 1AC1.2The main factors which affect an organisation’s approach to attracting talent are:1Supply and demand:the first thing need to be answer is whether there isa vacancy to be filled or not. If yes, the organisation should decide between transfers or promote someone from inside or recruit from outsidethe organisation.2The size of the organisation:it would be much easier for the large organisations to attract talent, because they are more recognized by the public and more financially capable to advertise to get more number of applicants.3Recruitment policies:the policies and procedures which the organisationhave also affect the organisations approach in attracting talents i.e. recruiting from internal sources or external sources. Generally, organisation tend to prefer recruiting internally because the employees fit easily into the organisation and its culture. 4Unemployment conditions:the process of attracting talent will tend to be easier if the employment rate in the area is high because the number ofthe applicants will be higher. While having a low employment rate will make the process more challenging.AC1.11Increase productivity: the diversity in the workplace helps in increasingthe productivity of the organization by bringing diverse talents anddifferent sets of skills that work together towards achieving a commongoal. 2Increased creativity and Problem solving: having diverse and differentminds working together helps the organisation to be more creative, and
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also will help in problem solving as many solutions will arise due to thediversity.3Positive organisation image: having individuals with different diversebackgrounds makes the organization reputable for being a good employer,and potential customers will often feel more valued.AC1.3Factors to be considered are:1Cost and budget:in order to recruit a new employee, it is certain thatthere will be specific amount of cost involved. The organisation mustdecide on how much they are willing to spend in the recruitment processi.e. advertising cost, agency cost and the cost of time.
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