Preview

Current Practices in Hr

Powerful Essays
Open Document
Open Document
1832 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Current Practices in Hr
Recent happenings in corporate HR

INDEX

1. Recruitment
1.1 Ex-employees
1.2 Customers
2. Variable Pay and Performance Linked Incentives
3. Diversity & Inclusion
4. HR Audit
5. Benefits 5.1 Leave policies
5.2 Performance assessment : team vs individual

1. Recruitment

1.1. Ex-employees

Former employees can often make successful rehires — they are known quantities and are familiar with your organization's unique culture. And there's the matter of cultural fit. A former employee is familiar with the organization and has already demonstrated whether he or she and the company are compatible. It is often difficult to assess cultural fit with a new candidate.

Rehiring former employees also keeps them away from competitors. This can be particularly beneficial in highly competitive areas like sales, or in jobs where trade secrets and/or processes may be worth safeguarding.

And there's the matter of cultural fit. A former employee is familiar with the organization and has already demonstrated whether he or she and the company are compatible. It is often difficult to assess cultural fit with a new candidate.

Rehiring former employees also keeps them away from competitors. This can be particularly beneficial in highly competitive areas like sales, or in jobs where trade secrets and/or processes may be worth safeguarding.

Considering the Candidate: There are no guarantees that a former employee will turn out to be an ideal employee. Because it's unlikely that the job he or she once had is exactly the same as the open position. It's important to look at whether the person has required or transferable skills.

There are disadvantages of hiring former employees too, particularly those who have left on their own: not knowing why they left. The vast

You May Also Find These Documents Helpful

  • Better Essays

    Another reason for employment may be that the company needs some fresh minds to the business. So if a member of staff has been at the business for say 30 years and hasn’t really changed a thing then the market may be “saturated” or at the “declining” stage of its lifecycle. Bringing in new minds may be a very good way of creating new ideas for the business and making more sales…

    • 1081 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    As well as this staff turnover could also take place if they are not happy with the business and this means that the staff would leave the company and they would have to be repalced with other employees. Even though it may seem a bad thing that employees have left the business due to retirement or they have moved away it can also be seen as a good thing. It can be seen as a good thing as new people would be bought into the organisation and they would have new and fresh persepctives for the…

    • 3737 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Unit 13 P2 Business

    • 2925 Words
    • 12 Pages

    Employee retention matters to all companies, for many different reasons. A high turnover of employees not only results in a loss of skills, a waste of training time already spent but also indicates something wrong within a company that might need addressing.…

    • 2925 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Training Assessment Paper

    • 2138 Words
    • 9 Pages

    Turnover rates could expose a company’s lack of maintaining a productive workplace environment. Successful companies need to be conscious of the negative effects of employee turnover cost, training cost, opportunity cost, and morale cost. These problems can become a financial lost for any company. The bottom line is that companies with low turnover rates work hard to make sure that their employees are satisfied and they take the initiative to prevent high turnovers (Reh, Para. 12).…

    • 2138 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Past employment details can show loyalty to a company. If the interviewee has moved from job to job in a short amount of time, this may display a lack of commitment and potential issues within the workplace. When asking about past employment, talk about reasons for leaving each company. This will give insight to their leaving and whether they may be a good fit. The last topic to discuss would be about specific job duties that the employee will be executing. This will give them a glimpse into the working environment and how the operation of the company works. The employee and the company will then be able to use this information and decide whether they feel each party will be satisfied with the position.…

    • 972 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Employee retention is the solution for improving organizational performance (Dey, 2009). An organization who wants to ensure they keep their employees from leaving their business to work for a rivalry organization is to maximize job satisfaction. To maximize job satisfaction the organization will need to make changes to their training process to ensure that each employee fully understands his or her position in the company. The company should also speak with the employees on how they feel about their job (Spector, 2008). An organization that can create a friendly atmosphere for the employees will have a better chance of keeping them. The ultimate goal here is to retain employees and try to keep them from wanting to leave the organization to work for a company rival. Employee motivation can also help to boost the confidence of the organizations employees.…

    • 1745 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    The answer to this question pretty much lies in the question itself. In our highly litigious society it is important to manage dismissals properly in order to reduce the number of lawsuits being brought up by the terminated employees against the employer. According to Dessler, “Dismissal or termination is the most drastic disciplinary step the employer can take.” (Dessler, 2013, p.476) With more and more laws being passed to protect people in the workplace, companies can end up paying lots of money to terminated employees to settle lawsuits for wrongful termination. Employers should spend adequate time on recruiting the right…

    • 204 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Retain critical employees is important and necessary. According to the Fitz-enz(1997), the company average losses 1 million with every 10 people who is the managerial and professional employees. In addition, the total cost of least a former employee at least a year of wages and benefits, up to two years of unpaid salary and benefits. This is a huge economic loss with a company loses a number of critical employees.…

    • 1028 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Former employees- Former employees are another possibility for filling vacant slots within an organization. Retired, laid off, or employees who have left the company may be interested in coming back to work for an organization they are familiar with and know about. These individuals that come back may want full or part time work. The benefit of hiring employees who have already worked for the organization is that they are familiar with the job, know what is expected of them, they know all the staff and higher ups,…

    • 949 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    As you expect, there are going to be problems and issues when it comes to finding the right applicant. Before you even put out that your company is in need of another worker, make sure you are fully prepared. You need to make sure you have the best fitting employee-hiring process. Once you are done preparing for the interview, you need to know what to look for in the interview. You need to analyze every resume that you see because a resume alone is the difference between getting the job or not. The next step is to now prepare for the interview with the employee. Not only does the applicant need to be on their best behavior and be well prepared, you do also. First impressions are very important. While you are considering if they would be a good…

    • 305 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business objectives a further more factor. As one of the objectives of the company would be to have good retention of staff however that might mean if they doing a good job of the retention of staff they might not necessarily need to hire new staff.…

    • 624 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    This course covers the theory and development of motivation. Major interest is placed on motivation, models, and strategies for enhancing motivation in individuals and groups, variables affecting (and affected by) motivation and environmental influences on motivation.…

    • 3018 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    The second advantage of rehiring past employee is no recruiting cost. That mean the employers know the worker already and know what can do and what they do not have to find someone and recruitment. Rehiring the employee who left the company will save on the time of trying a new employee. When rehiring the past employees, the next advantage that is the employee already knows the business procedures and culture within the business. These rehiring employees have their own advantage of knowing what goes on during the meetings and they also know some of the way of the employer procedures of the business. By the way, the rehiring employees also can provide the training or suggests to the fresh employee who join the company.…

    • 780 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Firms spend much time, money, and efforts to hire the best matched employees in the position. Especially, firms spend about over 25 percent of the first year salary in recruiting process (i.g, advertising, interviewing, and selecting) (Lindo 2010). However, over 50 percent of new employees leave their firms within the first seven months after hiring. If new employees leave in a short time, firms waste hiring expense. To fill the vacant positions, firms have to repeat recruiting processes. The cost for turnover is pretty high (Schwarz & Wesolawski, 1995). Firms can retain employees by using well designed orientation programs with inexpensive cost because they help new employees fit into the new organization. Therefore, more firms have recognized the importance of orientation for new employees in a successful business (Davis & Kleiner, 2001; Dunn & Jasinsk, 2009; Schwarz & Wesolawski, 1995).…

    • 1796 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Market Survey

    • 544 Words
    • 3 Pages

    The company could have referred to different sources of recruitment. It should have opted employee reference for recruiting the candidates that would help them in selecting a candidate whose complete background would be available and the candidates would have stayed for longer period of time.…

    • 544 Words
    • 3 Pages
    Satisfactory Essays