Attracting Talent and Recruitment, CIPD
Introduction
This paper sets out the proposed method for attracting talent and recruitment of a new HR Officer. In order to ensure that there is a structured induction programme and handover period, it is recommended that the recruitment process be set in motion in the near future.
Four Factors that will affect our talent planning
Budget
Forecasting
The amount of work that will be coming in i:e seasonal work for retailers
A company constantly should be forecasting to help prepare for changes in the marketplace. Forecasting sales revenues, materials costs, personnel costs and overhead costs can help a company plan for upcoming projects. Without accurate forecasting, it can be difficult to tell if the plan has any chance of success, if the company has the capabilities to pull off the plan and if the plan will help to strengthen the company 's standing within the industry. For example, if your forecasting for the cost of goods has changed due to a sudden increase in material costs, then that can affect elements of your product roll-out plan, including projected profit and the long-term commitment you might need to make to a supplier to try to get the lowest price possible.
Business plan
Organizational business plan directly affect the staffing function because it determines the type of personal that may be required in future. On the basis of business plan growing organization may need more staff in the future and declining organization will have to shunt out its staff and stagnating organization will work for retaining its staff. Staffing strategies may be different for these organizations.
External factors may also affect recruitment
Economic recession can make the pool of candidates very large so it make it very hard to filter all the applications you receive.
Methods of recruitment
The first stage is to generate interest from candidates and there is a range of ways of doing this.
Internal methods
It is important not to forget the internal talent
This paper sets out the proposed method for attracting talent and recruitment of a new HR Officer. In order to ensure that there is a structured induction programme and handover period, it is recommended that the recruitment process be set in motion in the near future.
Four Factors that will affect our talent planning
Budget
Forecasting
The amount of work that will be coming in i:e seasonal work for retailers
A company constantly should be forecasting to help prepare for changes in the marketplace. Forecasting sales revenues, materials costs, personnel costs and overhead costs can help a company plan for upcoming projects. Without accurate forecasting, it can be difficult to tell if the plan has any chance of success, if the company has the capabilities to pull off the plan and if the plan will help to strengthen the company 's standing within the industry. For example, if your forecasting for the cost of goods has changed due to a sudden increase in material costs, then that can affect elements of your product roll-out plan, including projected profit and the long-term commitment you might need to make to a supplier to try to get the lowest price possible.
Business plan
Organizational business plan directly affect the staffing function because it determines the type of personal that may be required in future. On the basis of business plan growing organization may need more staff in the future and declining organization will have to shunt out its staff and stagnating organization will work for retaining its staff. Staffing strategies may be different for these organizations.
External factors may also affect recruitment
Economic recession can make the pool of candidates very large so it make it very hard to filter all the applications you receive.
Methods of recruitment
The first stage is to generate interest from candidates and there is a range of ways of doing this.
Internal methods
It is important not to forget the internal talent