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Unformatted text preview: Hi ring and Retaining Exam 2 SS Chapter 6 – Sourcing: Identifying Recruits Sourcing − Definition : identifying and locating high potential recruits − Done for internal as well as external job candidates − Involves the analysis of different possible sources of recruits to identify those best able to meet the firm’s staffing goals Types of Job Seekers − Active Job Seekers: People who need a job and are actively looking for information about job openings o May be desperate, overall quality of this labor market may not be as high − Semi-Passive Job Seekers: People who are interested in a new position but only occasionally look actively for one − Passive Job Seekers: People who are currently employed and are not actively seeking another job but could be tempted by the right opportunity o Many high quality candidates are usually in this group, although it may be difficult to find them and interest them in your job opportunity Recruiting Sources − I nternal recruiting sources : Locate people who currently work for the company who would be good recruits for other positions o Succession Management – The ongoing process of recruiting, evaluating, developing, and preparing employees to assume other positions in the firm in the future (planning) o Qualifications Inventories – Manual or computerized records of employees past performances, education and experience, promotability, languages spoken, career interests, and so on (talent inventories). certifications How do you think these are managed? 1 o Employee Development – The training of employees to extend their capabilities and prepare them to assume other jobs and roles in the firm (send you to training) o I nternal Job Posting Systems – Systems that publicize a firm’s open jobs to the company’s employees (allows employees to apply for positions they are interested in, reducing the possibility of overlooking qualified internal talent) o Employee Referrals – A practice by which current employees identify and refer promising recruits. An effective way to acquire the names of high-quality potential applicants because they are putting their own reputations on the line and because the people they refer will be coworkers, employees generally provide accurate information about the people they refer (never burn a bridge where you work) Want to make sure your performance is superior − External recruiting sources : Target people outside the firm o Employee Referrals – A practice by which current employees identify and refer promising recruits. Can generate high-quality leads. Cheap. Potential employee has an idea if this is would be somewhere they would want to work based on what friends who work there have said. You would not refer a friend who would work well there....
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- Spring '08